Kumpulan Jetson Bhd (XKLS:9083) Net-Net Working Capital: RM-0.07 (As of Sep. 2025)

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.

What is Kumpulan Jetson Bhd Net-Net Working Capital?

Kumpulan Jetson Bhd XKLS:9083 -6.67% Net-Net Working Capital is RM-0.07 as of Sep. 2025. The stock has 5 warning signs investors should review. Among 580 Chemicals companies, Kumpulan Jetson Bhd ranks worse than 172413.62% 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.

Kumpulan Jetson Bhd's Net-Net Working Capital for the quarter that ended in Sep. 2025 was RM-0.07.

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

XKLS:9083's Price-to-Net-Net-Working-Capital is not ranked *
in the Chemicals industry.
Industry Median: 8.63
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Kumpulan Jetson Bhd  (XKLS:9083) 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.


Kumpulan Jetson Bhd Net-Net Working Capital Related Terms


Kumpulan Jetson Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Kumpulan Jetson 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.

Kumpulan Jetson Bhd Net-Net Working Capital Chart

Kumpulan Jetson Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.27 -0.33 -0.19 -0.08

Kumpulan Jetson Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Net-Net Working Capital 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 -0.09 -0.09 -0.08 -0.08 -0.07

XKLS:9083 vs LIN, SHW, ECL: Net-Net Working Capital Comparison

For the Specialty Chemicals subindustry, Kumpulan Jetson 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.


Kumpulan Jetson Bhd Price-to-Net-Net-Working-Capital vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kumpulan Jetson Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Kumpulan Jetson Bhd Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.612+0.75 * 32.863+0.5 * 85.338-99.223
-0-5.665)/416.820
=-0.08

Kumpulan Jetson Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2025 is calculated as

Net-Net Working Capital(Q: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.506+0.75 * 28.662+0.5 * 82.916-93.765
-0-4.874)/416.820
=-0.07

* 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 RM-0.07 mean?
Kumpulan Jetson Bhd (XKLS:9083) has a Net-Net Working Capital of RM-0.07 as of Sep. 2025. 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 Kumpulan Jetson Bhd According to the industry distribution chart, Kumpulan Jetson Bhd ranks #999999 out of 580 companies in the Chemicals industry.
Is Kumpulan Jetson Bhd's Net-Net Working Capital too high?
Kumpulan Jetson Bhd's current Net-Net Working Capital is RM-0.07. Based on the distribution chart, Kumpulan Jetson Bhd ranks #999999 out of 580 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does Kumpulan Jetson Bhd's Net-Net Working Capital compare to LIN and SHW?
According to the Chemicals industry distribution chart, Kumpulan Jetson Bhd ranks #999999 out of 580 companies for Net-Net Working Capital. This places Kumpulan Jetson Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 8.63. 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 a Chemicals company?
The median Net-Net Working Capital among Chemicals companies is 8.63, based on 580 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 Kumpulan Jetson Bhd For the Chemicals industry, the median Net-Net Working Capital is 8.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kumpulan Jetson Bhd's current Net-Net Working Capital is RM-0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumpulan Jetson Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kumpulan Jetson Bhd (XKLS:9083) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.12, compared to a current price of RM0.07 — trading 41.7% below its estimated fair value. The current Net-Net Working Capital is RM-0.07. 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 Kumpulan Jetson Bhd (XKLS:9083), the current Net-Net Working Capital is RM-0.07 as of Sep. 2025. 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.

Kumpulan Jetson Bhd Business Description

Address No. 189, Jalan Tun Razak, 11th Floor, Menara Tokio Marine Life, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50400
Kumpulan Jetson Bhd is an investment holding company. Its business segments are Manufacturing includes in manufacturing and trading of rubber products, moulds and tools, adhesives, sealants, and silicone products; Property development includes Design and build turnkey contractor for civil construction works, general building works, interior works, renovation and restoration works, exhibition works and memorial, and Others; and Hostel management consists Hostel management service. It derives key revenue from the Manufacturing segment. Geographically, the company derives a majority of its revenue from Malaysia.