ZECON Bhd (7028) — Working Capital to Net Assets Ratio
ZECON Bhd (7028) has a Working Capital to Net Assets ratio of -44.2% as of September 2025. Working capital of RM-125.72 Million (current assets of RM255.81 Million minus current liabilities of RM381.53 Million) is measured against net assets of RM284.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 7028 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ZECON Bhd Working Capital to Net Assets (2012–2025)
This chart shows how ZECON Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2025. As of September 2025, the ratio stands at -44.2%, reflecting working capital of RM-125.72 Million against net assets of RM284.59 Million MYR. Check tangible net worth ratio of ZECON Bhd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for ZECON Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for ZECON Bhd from 2012 to 2025, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see 7028 market cap.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -33.4% | RM-95.61 Million | RM285.86 Million | RM209.44 Million | RM305.05 Million | ▲ +321.1 pp |
| 2024 | -354.5% | RM-821.65 Million | RM231.76 Million | RM212.03 Million | RM1.03 Billion | ▲ +20.2 pp |
| 2023 | -374.7% | RM-860.66 Million | RM229.69 Million | RM194.17 Million | RM1.05 Billion | ▲ +8.7 pp |
| 2022 | -383.4% | RM-894.56 Million | RM233.32 Million | RM296.81 Million | RM1.19 Billion | ▼ -46.9 pp |
| 2020 | -336.5% | RM-861.77 Million | RM256.12 Million | RM251.88 Million | RM1.11 Billion | ▼ -12.2 pp |
| 2019 | -324.3% | RM-703.35 Million | RM216.88 Million | RM226.47 Million | RM929.82 Million | ▼ -143.5 pp |
| 2018 | -180.8% | RM-495.89 Million | RM274.20 Million | RM219.82 Million | RM715.71 Million | ▼ -107.1 pp |
| 2017 | -73.7% | RM-88.43 Million | RM119.90 Million | RM232.23 Million | RM320.66 Million | ▲ +44.1 pp |
| 2016 | -117.9% | RM-112.75 Million | RM95.64 Million | RM347.12 Million | RM459.88 Million | ▼ -183.1 pp |
| 2015 | 65.2% | RM45.00 Million | RM69.00 Million | RM256.00 Million | RM211.00 Million | ▼ -10.6 pp |
| 2014 | 75.9% | RM66.00 Million | RM87.00 Million | RM216.00 Million | RM150.00 Million | ▲ +9.8 pp |
| 2013 | 66.1% | RM74.00 Million | RM112.00 Million | RM216.00 Million | RM142.00 Million | ▼ -1.3 pp |
| 2012 | 67.3% | RM99.00 Million | RM147.00 Million | RM240.00 Million | RM141.00 Million | — |