Bright Packaging Industry Bhd (9938) — Working Capital to Net Assets Ratio
Bright Packaging Industry Bhd (9938) has a Working Capital to Net Assets ratio of 61.6% as of November 2025. Working capital of RM81.80 Million (current assets of RM89.05 Million minus current liabilities of RM7.25 Million) is measured against net assets of RM132.76 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 9938 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bright Packaging Industry Bhd Working Capital to Net Assets (2012–2025)
This chart shows how Bright Packaging Industry Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of November 2025, the ratio stands at 61.6%, reflecting working capital of RM81.80 Million against net assets of RM132.76 Million MYR. See Bright Packaging Industry Bhd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Bright Packaging Industry Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bright Packaging Industry Bhd from 2012 to 2025, covering 14 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 9938 market cap overview.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 60.6% | RM78.94 Million | RM130.17 Million | RM87.60 Million | RM8.66 Million | ▲ +1.2 pp |
| 2024 | 59.5% | RM73.71 Million | RM123.91 Million | RM80.22 Million | RM6.51 Million | ▲ +3.4 pp |
| 2023 | 56.1% | RM68.09 Million | RM121.33 Million | RM77.93 Million | RM9.84 Million | ▼ -3.0 pp |
| 2022 | 59.1% | RM65.84 Million | RM111.32 Million | RM78.83 Million | RM12.99 Million | ▲ +2.9 pp |
| 2021 | 56.2% | RM64.01 Million | RM113.86 Million | RM72.03 Million | RM8.01 Million | ▲ +1.4 pp |
| 2020 | 54.8% | RM63.83 Million | RM116.51 Million | RM78.17 Million | RM14.34 Million | ▲ +2.3 pp |
| 2019 | 52.5% | RM61.79 Million | RM117.75 Million | RM70.20 Million | RM8.41 Million | ▲ +4.0 pp |
| 2018 | 48.5% | RM56.13 Million | RM115.81 Million | RM65.24 Million | RM9.11 Million | ▲ +3.7 pp |
| 2017 | 44.8% | RM53.36 Million | RM119.21 Million | RM59.78 Million | RM6.41 Million | ▲ +3.4 pp |
| 2016 | 41.4% | RM50.41 Million | RM121.83 Million | RM58.56 Million | RM8.15 Million | ▲ +4.7 pp |
| 2015 | 36.7% | RM44.00 Million | RM120.00 Million | RM49.00 Million | RM5.00 Million | ▼ -1.4 pp |
| 2014 | 38.1% | RM40.00 Million | RM105.00 Million | RM41.00 Million | RM1.00 Million | ▼ -10.8 pp |
| 2013 | 48.9% | RM23.00 Million | RM47.00 Million | RM28.00 Million | RM5.00 Million | ▲ +7.9 pp |
| 2012 | 41.0% | RM16.00 Million | RM39.00 Million | RM30.00 Million | RM14.00 Million | — |