Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Wong Engineering BhdXKLS:7050 41 Equity-to-Asset is 0.60 as of Apr. 2026, which is 12% below its 10-year median of 0.68. GuruFocus rates XKLS:7050 with a GF Score™ of 41/100 and a GF Value™ of RM0.29 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,087 Industrial Products companies, Wong Engineering Bhd ranks better than 58.37% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wong Engineering Bhd's Total Stockholders Equity for the quarter that ended in Apr. 2026 was RM76.03 Mil. Wong Engineering Bhd's Total Assets for the quarter that ended in Apr. 2026 was RM126.63 Mil.
Therefore, Wong Engineering Bhd's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.60.
The historical rank and industry rank for Wong Engineering Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:7050'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53 Med: 0.68 Max: 0.87
Current: 0.6
During the past 13 years, the highest Equity to Asset Ratio of Wong Engineering Bhd was 0.87. The lowest was 0.53. And the median was 0.68.
XKLS:7050's Equity-to-Asset is ranked better than 58.37% of 3087
companies
in the Industrial Products industry
Industry Median: 0.56
vs XKLS:7050: 0.60
Wong Engineering Bhd (XKLS:7050) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Wong Engineering Bhd Equity-to-Asset Related Terms
Wong Engineering Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Wong Engineering Bhd's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XKLS:7050 vs ATI, CRS, MLI: Equity-to-Asset Comparison
For the Metal Fabrication subindustry, Wong Engineering Bhd's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Wong Engineering Bhd Equity-to-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Wong Engineering Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Wong Engineering Bhd's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Wong Engineering Bhd's Equity to Asset Ratio for the fiscal year that ended in Oct. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Wong Engineering Bhd (XKLS:7050) has a Equity-to-Asset of 0.60 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Wong Engineering Bhd and its competitors. This is 12% below median its historical median of 0.68. Over the past decade, Wong Engineering Bhd's Equity-to-Asset has ranged from 0.53 to 0.87. According to the industry distribution chart, Wong Engineering Bhd ranks #1285 out of 3087 companies in the Industrial Products industry, placing it in the top 41.6%.
Is Wong Engineering Bhd's Equity-to-Asset too high?
Wong Engineering Bhd's current Equity-to-Asset of 0.60 is 12% below median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.87. The Industrial Products industry median Equity-to-Asset is 0.56. Wong Engineering Bhd's value of 0.60 is 7.1% above this industry median. Based on the distribution chart, Wong Engineering Bhd ranks #1285 out of 3087 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Wong Engineering Bhd has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wong Engineering Bhd's Equity-to-Asset compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Wong Engineering Bhd ranks #1285 out of 3087 companies for Equity-to-Asset. This puts Wong Engineering Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Wong Engineering Bhd's value of 0.60 is 7.1% above this benchmark. Historically, Wong Engineering Bhd's own Equity-to-Asset has ranged from 0.53 to 0.87 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.56, Wong Engineering Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,087 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wong Engineering Bhd's current Equity-to-Asset of 0.60 is 7.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Wong Engineering Bhd and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wong Engineering Bhd's current Equity-to-Asset is 0.60, which is 12% below median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wong Engineering Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wong Engineering Bhd (XKLS:7050) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.29, compared to a current price of RM0.17 — trading 41.4% below its estimated fair value. The current Equity-to-Asset is 0.60, which is 12% below median its 10-year median of 0.68 and 7.1% above the Industrial Products industry median of 0.56. Wong Engineering Bhd's overall GF Score™ is 41/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Wong Engineering Bhd (XKLS:7050), the current Equity-to-Asset is 0.60 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wong Engineering Bhd (XKLS:7050) Overvalued in 2026?
Based on GuruFocus' analysis, Wong Engineering Bhd stock appears to be undervalued.
The current stock price of RM0.17 is trading 41.4% below its estimated GF Value™ of RM0.29.
GuruFocus considers Wong Engineering Bhd to be Possible Value Trap.
Key valuation signals for XKLS:7050:
Equity-to-Asset: 0.60 (12% below median its 10-year median of 0.68)
GF Value™: RM0.29 vs. price of RM0.17 (41.4% below fair value)
Industry Position: 7.1% above the Industrial Products median (#1285 of 3087)
No single metric tells the full story. See the XKLS:7050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wong Engineering Corp Bhd is engaged in manufacturing of high precision stamped and turned metal parts and components, complex welded frame structure, related modules and systems as well as trading, marketing and retailing of industrial and consumer products. The segments of the company are, 1) Precision engineering which includes the design and manufacture of high-precision metal stamped parts and sheet metals. 2) Construction and property development includes the provision of general buildings construction and infrastructure work and the provision of property development and related business. 3) Others include Investment holding. The company derives maximum revenue from Precision and engineering Segment.
41GF Score
Get the complete analysis for XKLS:7050
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7050 has been successfully added to your 
