ELK-Desa Resources Bhd (5228) — Net Asset Momentum

Latest YoY growth as of March 2026: -1.7%

ELK-Desa Resources Bhd (5228) recorded a net asset momentum of -1.7% as of March 2026, with net assets of RM484.97 Million MYR. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. Check 5228 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

YoY Momentum

-1.7%
Year-over-year

Current Net Assets

RM484.97 Million
MYR · March 2026

Years of Data

14
2013 – 2026

Country

Malaysia
KLSE

ELK-Desa Resources Bhd Net Asset Momentum (2013–2026)

This chart tracks ELK-Desa Resources Bhd's year-over-year net asset growth across 14 annual reporting periods from 2013 to 2026. The most recent momentum reading is -1.7%, with net assets of RM484.97 Million MYR as of March 2026. Read 5228 current and long-term liabilities for a breakdown of total debt and financial obligations.

Annual Net Asset History for ELK-Desa Resources Bhd (2013–2026)

The table below shows the complete annual net asset history for ELK-Desa Resources Bhd from 2013 to 2026, covering 14 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see 5228 stock market capitalisation.

Year Net Assets (MYR) Total Assets Total Liabilities YoY Momentum
2026 RM484.97 Million RM890.68 Million RM405.71 Million ▼ -1.7%
2025 RM493.32 Million RM892.86 Million RM399.53 Million ▲ +2.0%
2024 RM483.42 Million RM806.95 Million RM323.53 Million ▲ +2.5%
2023 RM471.77 Million RM693.05 Million RM221.28 Million ▲ +5.4%
2022 RM447.53 Million RM582.26 Million RM134.73 Million ▲ +1.3%
2021 RM441.83 Million RM663.01 Million RM221.18 Million ▲ +3.9%
2020 RM425.11 Million RM750.58 Million RM325.46 Million ▲ +3.4%
2019 RM410.94 Million RM547.56 Million RM136.62 Million ▲ +3.7%
2018 RM396.40 Million RM470.34 Million RM73.94 Million ▲ +18.7%
2017 RM334.09 Million RM382.27 Million RM48.18 Million ▲ +4.0%
2016 RM321.25 Million RM371.90 Million RM50.65 Million ▲ +23.6%
2015 RM260.00 Million RM336.00 Million RM76.00 Million ▲ +55.7%
2014 RM167.00 Million RM252.00 Million RM85.00 Million ▲ +5.0%
2013 RM159.00 Million RM228.00 Million RM69.00 Million