Mah Sing Group Bhd (8583) — Working Capital to Net Assets Ratio
Mah Sing Group Bhd (8583) has a Working Capital to Net Assets ratio of 65.4% as of September 2025. Working capital of RM2.63 Billion (current assets of RM3.99 Billion minus current liabilities of RM1.36 Billion) is measured against net assets of RM4.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Mah Sing Group Bhd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mah Sing Group Bhd Working Capital to Net Assets (2006–2024)
This chart shows how Mah Sing Group Bhd's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 65.4%, reflecting working capital of RM2.63 Billion against net assets of RM4.03 Billion MYR. Check 8583 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Mah Sing Group Bhd (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mah Sing Group Bhd from 2006 to 2024, covering 19 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 Mah Sing Group Bhd stock valuation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 53.8% | RM2.14 Billion | RM3.98 Billion | RM4.26 Billion | RM2.12 Billion | ▼ -11.0 pp |
| 2023 | 64.8% | RM2.42 Billion | RM3.73 Billion | RM3.71 Billion | RM1.29 Billion | ▲ +1.5 pp |
| 2022 | 63.4% | RM2.27 Billion | RM3.59 Billion | RM3.71 Billion | RM1.43 Billion | ▼ -9.5 pp |
| 2021 | 72.8% | RM3.01 Billion | RM4.14 Billion | RM4.34 Billion | RM1.33 Billion | ▼ -1.0 pp |
| 2020 | 73.9% | RM3.13 Billion | RM4.24 Billion | RM4.42 Billion | RM1.29 Billion | ▲ +10.8 pp |
| 2019 | 63.1% | RM3.04 Billion | RM4.83 Billion | RM4.33 Billion | RM1.29 Billion | ▼ -1.5 pp |
| 2018 | 64.6% | RM3.12 Billion | RM4.82 Billion | RM4.65 Billion | RM1.54 Billion | ▼ -8.9 pp |
| 2017 | 73.5% | RM3.41 Billion | RM4.65 Billion | RM5.12 Billion | RM1.71 Billion | ▼ -8.5 pp |
| 2016 | 82.0% | RM3.14 Billion | RM3.84 Billion | RM4.64 Billion | RM1.50 Billion | ▼ -17.3 pp |
| 2015 | 99.3% | RM3.66 Billion | RM3.68 Billion | RM5.17 Billion | RM1.51 Billion | ▼ -9.0 pp |
| 2014 | 108.2% | RM2.47 Billion | RM2.28 Billion | RM4.06 Billion | RM1.60 Billion | ▼ -7.3 pp |
| 2013 | 115.6% | RM2.27 Billion | RM1.96 Billion | RM3.75 Billion | RM1.48 Billion | ▼ -5.9 pp |
| 2012 | 121.5% | RM1.52 Billion | RM1.26 Billion | RM2.92 Billion | RM1.39 Billion | ▼ -43.7 pp |
| 2011 | 165.3% | RM1.80 Billion | RM1.09 Billion | RM2.61 Billion | RM807.83 Million | ▲ +43.4 pp |
| 2010 | 121.9% | RM1.14 Billion | RM936.46 Million | RM2.03 Billion | RM884.23 Million | ▲ +15.9 pp |
| 2009 | 105.9% | RM904.18 Million | RM853.47 Million | RM1.43 Billion | RM530.58 Million | ▼ -4.5 pp |
| 2008 | 110.4% | RM769.33 Million | RM696.61 Million | RM1.09 Billion | RM317.58 Million | ▼ -11.0 pp |
| 2007 | 121.4% | RM771.84 Million | RM635.77 Million | RM1.05 Billion | RM278.79 Million | ▼ -2.3 pp |
| 2006 | 123.7% | RM396.27 Million | RM320.30 Million | RM688.46 Million | RM292.19 Million | — |