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Balance Sheets Overview

Current Ratio
225.06%
Quick Ratio
225.06%
Cash Ratio
53.63%
Debt to Asset Ratio
43.46%
Unit: Dollar
Assets Breakdown
    • Cash and cash equivalents
    • Less accumulated depreciation
    • Short-term investment
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Contract liabilities
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
880,457
1,685,762
1,748,051
795,154
Short-term investment
703,822
-
-
-
Account receivables, gross
1,505,912
1,360,985
1,152,951
1,500,417
Allowance for expected credit loss
125,578
115,701
46,998
189,809
Account receivables, net (including 158,120 and 78,885 of account receivable from related parties as of june 30, 2026 and december 31, 2025, respectively)
1,380,334
1,245,284
1,105,953
1,310,608
Prepayment, deposits and other receivables
249,330
248,477
260,380
254,931
Contract assets
282,584
179,371
159,867
-
Amount due
-
-
74,924
64,296
Amount due from related parties (including 49,927 and 42,672 of amount due from associate as of june 30, 2026 and december 31, 2025, respectively)
81,973
76,177
-
-
Tax assets
116,528
106,172
99,094
333,847
Total current assets
3,695,028
3,541,243
3,448,269
2,758,836
Right-of-use assets, net
552,385
574,106
583,610
576,831
Total property, plant and equipment
1,549,559
1,538,567
1,535,118
1,613,750
Less accumulated depreciation
853,629
842,780
820,433
907,554
Property, plant and equipment, net
695,930
695,787
714,685
706,196
Deferred income tax assets
-
-
-
344
Investment in associates
8,108
8,196
8,250
8,322
Total non-current assets
1,256,423
1,278,089
1,306,545
1,291,693
Total assets
4,951,451
4,819,332
4,754,814
4,050,529
Accrued liabilities and other payables
404,209
501,977
502,712
904,691
Account payable
-
-
155,051
142,840
Account payables (including 64,169 and 64,580 of account payable to related party as of june 30, 2026 and december 31, 2025, respectively)-Related Party
152,992
155,203
-
-
Contract liabilities
912,305
1,009,322
734,475
-
Income tax payable
34,090
50,106
71,269
3,358
Amount due to director-Director
51,878
70,835
70,687
103,911
Hire purchase current portion
-
-
-
15,234
Finance lease liability current portion
16,217
16,181
15,972
-
Operating lease liability current portion
70,131
69,584
60,689
57,562
Total current liabilities
1,641,822
1,873,208
1,610,855
1,227,596
Amount due
-
-
18,491
-
Hire purchase non-current portion
-
-
-
31,078
Finance lease liability non-current portion
19,794
24,119
28,169
-
Operating lease liability non-current portion
482,254
504,522
522,921
519,269
Deferred tax liabilities
8,160
8,230
8,212
5,305
Total non-current liabilities
510,208
536,871
577,793
555,652
Total liabilities
2,152,030
2,410,079
2,188,648
1,783,248
Common stock, 0.0001 par value 600,000,000 shares authorized 81,915,838 and 81,915,838 shares issued and outstanding as of june 30, 2026 and december 31, 2025
8,192
8,192
8,192
8,192
Additional paid-in capital
10,795,250
10,795,250
10,795,250
10,795,250
Accumulated other comprehensive loss
-81,007
-50,138
-58,383
-150,777
Accumulated deficit
-7,846,726
-8,277,505
-8,124,933
-8,339,723
Non-controlling interest
-76,288
-66,546
-53,960
-45,661
Total shareholders equity
2,799,421
2,409,253
2,566,166
2,267,281
Total liabilities and shareholders equity
4,951,451
4,819,332
4,754,814
4,050,529
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Account receivables,gross$1,505,912 (50.82%↑ Y/Y)Total property, plantand equipment$1,549,559 (-1.49%↓ Y/Y)Account receivables,net (including...$1,380,334 (65.62%↑ Y/Y)Cash and cashequivalents$880,457 (-14.64%↓ Y/Y)Short-term investment$703,822 Contract assets$282,584 Prepayment, deposits andother receivables$249,330 (75.96%↑ Y/Y)Tax assets$116,528 (-63.76%↓ Y/Y)Amount due from relatedparties (including...$81,973 Property, plant andequipment, net$695,930 (6.31%↑ Y/Y)Right-of-use assets, net$552,385 (-6.42%↓ Y/Y)Investment in associates$8,108 (-2.51%↓ Y/Y)Allowance for expectedcredit loss$125,578 (-23.93%↓ Y/Y)Less accumulateddepreciation$853,629 (-7.05%↓ Y/Y)Total current assets$3,695,028 (57.61%↑ Y/Y)Total non-currentassets$1,256,423 (0.23%↑ Y/Y)Total assets$4,951,451 (37.62%↑ Y/Y)Total liabilities andshareholders equity$4,951,451 (37.62%↑ Y/Y)Total shareholdersequity$2,799,421 (49.09%↑ Y/Y)Total liabilities$2,152,030 (25.10%↑ Y/Y)Accumulated deficit-$7,846,726 (10.01%↑ Y/Y)Accumulated othercomprehensive loss-$81,007 (52.20%↑ Y/Y)Non-controlling interest-$76,288 (-109.16%↓ Y/Y)Additional paid-in capital$10,795,250 (0.00%↑ Y/Y)Total currentliabilities$1,641,822 (38.99%↑ Y/Y)Total non-currentliabilities$510,208 (-5.34%↓ Y/Y)Common stock, 0.0001par value...$8,192 (0.00%↑ Y/Y)Contract liabilities$912,305 Accrued liabilities andother payables$404,209 (-54.03%↓ Y/Y)Account payables(including 64,169 and...$152,992 Operating lease liability current portion$70,131 (23.94%↑ Y/Y)Amount due todirector-Director$51,878 (-57.37%↓ Y/Y)Income tax payable$34,090 (915.49%↑ Y/Y)Finance lease liability current portion$16,217 Operating lease liability non-current portion$482,254 (-9.64%↓ Y/Y)Finance lease liability non-current portion$19,794 Deferred tax liabilities$8,160 (53.90%↑ Y/Y)

ASIAFIN HOLDINGS CORP. (ASFH)

ASIAFIN HOLDINGS CORP. (ASFH)