ALPHA Net Asset Quality Index
ALPHA net asset quality index. ALPHA (0303) has a Net Asset Quality Index of 77.6% as of November 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM260.64 Million minus total liabilities of RM58.34 Million yields net assets of RM202.29 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check 0303 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of ALPHA (2020–2025)
Net asset quality index of ALPHA from 2020 to 2025. This chart shows how ALPHA's Net Asset Quality Index has evolved across 6 annual periods from 2020 to 2025. As of November 2025, the index stands at 77.6%, representing net assets of RM202.29 Million against total assets of RM260.64 Million MYR. See net assets of ALPHA for net asset value and shareholders' equity analysis.
ALPHA Net Asset Quality Index by Year (2020–2025)
ALPHA net asset quality index by year from 2020 to 2025. The table below presents the year-by-year Net Asset Quality Index for ALPHA from 2020 to 2025, covering 6 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see 0303 company net worth.
| Year | Quality Index | Net Assets (MYR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 81.4% | RM204.15 Million | RM250.80 Million | RM46.66 Million | ▼ -1.7 pp |
| 2024 | 83.1% | RM189.78 Million | RM228.27 Million | RM38.49 Million | ▲ +26.2 pp |
| 2023 | 56.9% | RM54.55 Million | RM95.85 Million | RM41.30 Million | ▲ +1.8 pp |
| 2022 | 55.1% | RM58.97 Million | RM107.08 Million | RM48.11 Million | ▲ +2.4 pp |
| 2021 | 52.7% | RM48.57 Million | RM92.23 Million | RM43.66 Million | ▲ +14.8 pp |
| 2020 | 37.8% | RM28.36 Million | RM74.96 Million | RM46.61 Million | — |