Thong Guan Industries Bhd (XKLS:7034) Total Liabilities: RM399 Mil (As of Mar. 2026)

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:7034 Thong Guan Industries Bhd XKLS:7034
79 GF Score
Price RM1.44
GF Value RM1.70
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Thong Guan Industries Bhd Total Liabilities?

Thong Guan Industries Bhd XKLS:7034 -0.69% 79 Total Liabilities is RM399 Mil as of Mar. 2026. GuruFocus rates XKLS:7034 with a GF Score™ of 79/100 and a GF Value™ of RM1.70 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Thong Guan Industries Bhd's Total Liabilities for the quarter that ended in Mar. 2026 was RM399 Mil.

Thong Guan Industries Bhd's quarterly Total Liabilities increased from Sep. 2025 (RM404.20 Mil) to Dec. 2025 (RM489.17 Mil) but then declined from Dec. 2025 (RM489.17 Mil) to Mar. 2026 (RM399.28 Mil).

Thong Guan Industries Bhd's annual Total Liabilities increased from Dec. 2023 (RM446.10 Mil) to Dec. 2024 (RM496.64 Mil) but then declined from Dec. 2024 (RM496.64 Mil) to Dec. 2025 (RM489.17 Mil).

Thong Guan Industries Bhd Total Liabilities Historical Data

* Premium members only.

The historical data trend for Thong Guan Industries Bhd's Total Liabilities 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.

Thong Guan Industries Bhd Total Liabilities Chart

Thong Guan Industries Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 456.16 454.08 446.10 496.64 489.17

Thong Guan Industries Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Liabilities 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 404.25 407.95 404.20 489.17 399.28
XKLS:7034
79GF Score
Thong Guan Industries Bhd XKLS:7034
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thong Guan Industries Bhd Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Thong Guan Industries Bhd's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=431.263+(15.262+42.641
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=489

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=1446.377-957.211
=489

Thong Guan Industries Bhd's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=334.43+(21.704+43.145
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=399

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=1372.283-973.004
=399

* 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 Total Liabilities →
What does a Total Liabilities of RM399 Mil mean?
Thong Guan Industries Bhd (XKLS:7034) has a Total Liabilities of RM399 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Thong Guan Industries Bhd and its competitors.
Is Thong Guan Industries Bhd's Total Liabilities too high?
Thong Guan Industries Bhd's current Total Liabilities is RM399 Mil. Overall, Thong Guan Industries Bhd has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thong Guan Industries Bhd's Total Liabilities compare to SW and PKG?
Thong Guan Industries Bhd's Total Liabilities of RM399 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Packaging & Containers company?
A good Total Liabilities depends on the Packaging & Containers industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Thong Guan Industries Bhd and its competitors. Thong Guan Industries Bhd's current Total Liabilities is RM399 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thong Guan Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Thong Guan Industries Bhd (XKLS:7034) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.70, compared to a current price of RM1.44 — trading 15.3% below its estimated fair value. The current Total Liabilities is RM399 Mil. Thong Guan Industries Bhd's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Thong Guan Industries Bhd (XKLS:7034), the current Total Liabilities is RM399 Mil 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.

Is Thong Guan Industries Bhd (XKLS:7034) Overvalued in 2026?

Based on GuruFocus' analysis, Thong Guan Industries Bhd stock appears to be undervalued. The current stock price of RM1.44 is trading 15.3% below its estimated GF Value™ of RM1.70. GuruFocus considers Thong Guan Industries Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7034:

  • Total Liabilities: RM399 Mil
  • GF Value™: RM1.70 vs. price of RM1.44 (15.3% below fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the XKLS:7034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Thong Guan Industries Bhd Business Description

Address Lot 52, Jalan PKNK 1/6, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000
Thong Guan Industries Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the firm is engaged in the trading of plastic packaging and petroleum products. It operates in two segments, including Plastic products and Food, beverages, and other consumable products. The company generates the majority of the revenue from the plastic products segment, which comprises stretch films, garbage bags, industrial bags, and PVC (Polyvinyl chloride) food wrap. Geographical presence is in Malaysia, Oceania, Europe, North America, other Asian countries, and others.
79GF Score

Get the complete analysis for XKLS:7034

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

RM1.44
Price
RM1.70
GF Value