Chemlite Innovation Bhd (XKLS:0348) Net-Net Working Capital: RM0.01 (As of Mar. 2026)

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XKLS:0348 Chemlite Innovation Bhd XKLS:0348
20 GF Score
Price RM0.17
! 3 Warning Signs
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What is Chemlite Innovation Bhd Net-Net Working Capital?

Chemlite Innovation Bhd XKLS:0348 +13.33% 20 Net-Net Working Capital is RM0.01 as of Mar. 2026. GuruFocus rates XKLS:0348 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 1,358 Industrial Products companies, Chemlite Innovation Bhd ranks worse than 68.92% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Chemlite Innovation Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM0.01.

The industry rank for Chemlite Innovation Bhd's Net-Net Working Capital or its related term are showing as below:

XKLS:0348's Price-to-Net-Net-Working-Capital is ranked worse than
68.92% of 1358 companies
in the Industrial Products industry
Industry Median: 8.23 vs XKLS:0348: 17.00

Chemlite Innovation Bhd  (XKLS:0348) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Chemlite Innovation Bhd Net-Net Working Capital Related Terms


Chemlite Innovation Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Chemlite Innovation Bhd's Net-Net Working Capital 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.

Chemlite Innovation Bhd Net-Net Working Capital Chart

Chemlite Innovation Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
-0.02 -0.02 -0.02 -0.02 0.01

Chemlite Innovation Bhd Quarterly Data
Dec21 Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only 0.03 0.01 0.01 0.01 0.01

XKLS:0348 vs CRS, ATI, MLI: Net-Net Working Capital Comparison

For the Metal Fabrication subindustry, Chemlite Innovation Bhd's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Chemlite Innovation Bhd Price-to-Net-Net-Working-Capital vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chemlite Innovation Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Chemlite Innovation Bhd's Price-to-Net-Net-Working-Capital falls into.


XKLS:0348
20GF Score
Chemlite Innovation Bhd XKLS:0348
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Chemlite Innovation Bhd Net-Net Working Capital Calculation

Chemlite Innovation Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(10.1+0.75 * 10.106+0.5 * 5.332-13.688
-0-0)/600.000
=0.01

Chemlite Innovation Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.004+0.75 * 9.591+0.5 * 7.865-11.929
-0-0)/600.000
=0.01

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of RM0.01 mean?
Chemlite Innovation Bhd (XKLS:0348) has a Net-Net Working Capital of RM0.01 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Chemlite Innovation Bhd According to the industry distribution chart, Chemlite Innovation Bhd ranks #936 out of 1358 companies in the Industrial Products industry, placing it in the top 68.9%.
Is Chemlite Innovation Bhd's Net-Net Working Capital too high?
Chemlite Innovation Bhd's current Net-Net Working Capital is RM0.01. Based on the distribution chart, Chemlite Innovation Bhd ranks #936 out of 1358 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Chemlite Innovation Bhd has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Chemlite Innovation Bhd's Net-Net Working Capital compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chemlite Innovation Bhd ranks #936 out of 1358 companies for Net-Net Working Capital. This places Chemlite Innovation Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 8.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.23, based on 1,358 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Chemlite Innovation Bhd For the Industrial Products industry, the median Net-Net Working Capital is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemlite Innovation Bhd's current Net-Net Working Capital is RM0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemlite Innovation Bhd stock overvalued right now?
Chemlite Innovation Bhd (XKLS:0348) has a current Net-Net Working Capital of RM0.01. The current Net-Net Working Capital is RM0.01. Chemlite Innovation Bhd's overall GF Score™ is 20/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Chemlite Innovation Bhd (XKLS:0348), the current Net-Net Working Capital is RM0.01 as of Mar. 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.

Chemlite Innovation Bhd Business Description

Address No. 1297, Lorong Perindustrian Bukit Minyak 22, Taman Perindustrian Bukit Minyak (Penang Science Park, Simpang Ampat, PNG, MYS, 14100
Chemlite Innovation Bhd operates in the engineering support industry. It provide surface finishing treatment services to companies operating in the semiconductor and E&E industries. It specialises in the provision of metal plating services on intermediate metal products, plating a composition of multi-layer metal coatings. It also provide non-metal plating services on intermediate metal products, which include anodising and other non-metal plating services. The company operates in two business segments: Metal plating and Non-metal plating. Key revenue is generated from Metal plating, which includes the deposition of additional layers of metal coatings onto the surface of the intermediate metal products. It generates maximum revenue from Malaysia.
20GF Score

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RM0.17
Price