Bright Packaging Industry Bhd (XKLS:9938) Equity-to-Asset: 0.93 (As of May. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XKLS:9938 Bright Packaging Industry Bhd XKLS:9938
56 GF Score
Price RM0.17
GF Value RM0.20
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Bright Packaging Industry Bhd Equity-to-Asset?

Bright Packaging Industry Bhd XKLS:9938 56 Equity-to-Asset is 0.93 as of May. 2026, which is 1% above its 10-year median of 0.92. GuruFocus rates XKLS:9938 with a GF Score™ of 56/100 and a GF Value™ of RM0.20 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 411 Packaging & Containers companies, Bright Packaging Industry Bhd ranks better than 96.59% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bright Packaging Industry Bhd's Total Stockholders Equity for the quarter that ended in May. 2026 was RM135.58 Mil. Bright Packaging Industry Bhd's Total Assets for the quarter that ended in May. 2026 was RM145.28 Mil. Therefore, Bright Packaging Industry Bhd's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.93.

The historical rank and industry rank for Bright Packaging Industry Bhd's Equity-to-Asset or its related term are showing as below:

XKLS:9938' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.86   Med: 0.92   Max: 0.97
Current: 0.93

During the past 13 years, the highest Equity to Asset Ratio of Bright Packaging Industry Bhd was 0.97. The lowest was 0.86. And the median was 0.92.

XKLS:9938's Equity-to-Asset is ranked better than
96.59% of 411 companies
in the Packaging & Containers industry
Industry Median: 0.55 vs XKLS:9938: 0.93

Bright Packaging Industry Bhd  (XKLS:9938) 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%.


Bright Packaging Industry Bhd Equity-to-Asset Related Terms


Bright Packaging Industry Bhd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Bright Packaging Industry 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.

Bright Packaging Industry Bhd Equity-to-Asset Chart

Bright Packaging Industry Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.88 0.91 0.94 0.93

Bright Packaging Industry Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.93 0.94 0.95 0.93

XKLS:9938 vs SW, AMCR, PKG: Equity-to-Asset Comparison

For the Packaging & Containers subindustry, Bright Packaging Industry 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.


Bright Packaging Industry Bhd Equity-to-Asset vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bright Packaging Industry Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Bright Packaging Industry Bhd's Equity-to-Asset falls into.


XKLS:9938
56GF Score
Bright Packaging Industry Bhd XKLS:9938
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bright Packaging Industry Bhd Equity-to-Asset Calculation

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.

Bright Packaging Industry Bhd's Equity to Asset Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Equity to Asset (A: Aug. 2025 )=Total Stockholders Equity/Total Assets
=130.172/140.183
=0.93

Bright Packaging Industry Bhd's Equity to Asset Ratio for the quarter that ended in May. 2026 is calculated as

Equity to Asset (Q: May. 2026 )=Total Stockholders Equity/Total Assets
=135.578/145.277
=0.93

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.93 mean?
Bright Packaging Industry Bhd (XKLS:9938) has a Equity-to-Asset of 0.93 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Bright Packaging Industry Bhd and its competitors. This is near median its historical median of 0.92. Over the past decade, Bright Packaging Industry Bhd's Equity-to-Asset has ranged from 0.86 to 0.97. According to the industry distribution chart, Bright Packaging Industry Bhd ranks #14 out of 411 companies in the Packaging & Containers industry, placing it in the top 3.4%.
Is Bright Packaging Industry Bhd's Equity-to-Asset too high?
Bright Packaging Industry Bhd's current Equity-to-Asset of 0.93 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 0.97. The Packaging & Containers industry median Equity-to-Asset is 0.55. Bright Packaging Industry Bhd's value of 0.93 is 69.1% above this industry median. Based on the distribution chart, Bright Packaging Industry Bhd ranks #14 out of 411 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Bright Packaging Industry Bhd has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bright Packaging Industry Bhd's Equity-to-Asset compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Bright Packaging Industry Bhd ranks #14 out of 411 companies for Equity-to-Asset. This places Bright Packaging Industry Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.55. Bright Packaging Industry Bhd's value of 0.93 is 69.1% above this benchmark. Historically, Bright Packaging Industry Bhd's own Equity-to-Asset has ranged from 0.86 to 0.97 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.55, Bright Packaging Industry 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 a Packaging & Containers company?
The median Equity-to-Asset among Packaging & Containers companies is 0.55, based on 411 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. Bright Packaging Industry Bhd's current Equity-to-Asset of 0.93 is 69.1% 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 Bright Packaging Industry Bhd and its competitors. For the Packaging & Containers industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Packaging Industry Bhd's current Equity-to-Asset is 0.93, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Packaging Industry Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bright Packaging Industry Bhd (XKLS:9938) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.20, compared to a current price of RM0.17 — trading 15% below its estimated fair value. The current Equity-to-Asset is 0.93, which is near median its 10-year median of 0.92 and 69.1% above the Packaging & Containers industry median of 0.55. Bright Packaging Industry Bhd's overall GF Score™ is 56/100 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 Bright Packaging Industry Bhd (XKLS:9938), the current Equity-to-Asset is 0.93 as of May. 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 Bright Packaging Industry Bhd (XKLS:9938) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Packaging Industry Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 15% below its estimated GF Value™ of RM0.20. GuruFocus considers Bright Packaging Industry Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:9938:

  • Equity-to-Asset: 0.93 (near median its 10-year median of 0.92)
  • GF Value™: RM0.20 vs. price of RM0.17 (15% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 69.1% above the Packaging & Containers median (#14 of 411)

No single metric tells the full story. See the XKLS:9938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bright Packaging Industry Bhd Business Description

Address No. 23, Jalan Delima 1/3, Subang Hi-Tech Industrial Park, Shah Alam, SGR, MYS, 40000
Bright Packaging Industry Bhd is a manufacturer of aluminum foil laminate based in Malaysia. The company is engaged in the manufacturing and printing of aluminum foil packaging materials for the tobacco, liquor, confectionery, and pharmaceutical industries. It offers a range of services, including lamination, slitting, ink matching, and coating or lacquering. Its products include aluminum foil and metallized film laminates for tissue, wood-free paper, board, and inner frames, and it also exports to other countries. Geographically, the company generates revenue from Indonesia, Malaysia, Taiwan, Vietnam, Korea, the Philippines, and India, with the majority of revenue coming from Indonesia.
56GF Score

Get the complete analysis for XKLS:9938

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.17
Price
RM0.20
GF Value