Tasco Bhd

KLSE:5140 Malaysia Integrated Freight & Logistics
Market Cap
$77.26 Million
RM348.00 Million MYR
Market Cap Rank
#26243 Global
#398 in Malaysia
Share Price
RM0.44
Change (1 day)
+0.00%
52-Week Range
RM0.42 - RM0.65
All Time High
RM1.30
Categories
Companies in Malaysia Integrated Freight & Logistics
About

TASCO Berhad provides integrated logistics solutions worldwide. It operates through six segments: Air Freight Forwarding, Contract Logistics, Trucking, Ocean Freight Forwarding, Cold Supply Chain, and Supply Chain Solution. It offers airfreight forwarding services, including temperature control, sensitive equipment, small parcels, e-commerce, high security level cargo, project cargo, and chartere… Read more

Tasco Bhd (5140) - Net Assets

Latest net assets as of December 2025: RM726.46 Million MYR

Based on the latest financial reports, Tasco Bhd (5140) has net assets worth RM726.46 Million MYR as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM2.12 Billion) and total liabilities (RM1.40 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets RM726.46 Million
% of Total Assets 34.24%
Annual Growth Rate 11.0%
5-Year Change 31.98%
10-Year Change 120.77%
Growth Volatility 9.18

Tasco Bhd - Net Assets Trend (2008–2025)

This chart illustrates how Tasco Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Tasco Bhd (2008–2025)

The table below shows the annual net assets of Tasco Bhd from 2008 to 2025.

Year Net Assets Change
2025-03-31 RM708.14 Million +1.31%
2024-03-31 RM698.98 Million +5.29%
2023-03-31 RM663.87 Million +13.49%
2022-03-31 RM584.94 Million +9.01%
2021-03-31 RM536.57 Million +7.26%
2020-03-31 RM500.26 Million +34.16%
2019-03-31 RM372.89 Million +2.53%
2018-03-31 RM363.71 Million +6.43%
2017-03-31 RM341.72 Million +6.54%
2016-03-31 RM320.76 Million +6.97%
2015-03-31 RM299.87 Million +9.99%
2014-03-31 RM272.63 Million -0.14%
2013-12-31 RM273.00 Million +6.63%
2013-03-31 RM256.03 Million +6.16%
2012-03-31 RM241.18 Million +12.63%
2011-03-31 RM214.14 Million +18.72%
2010-03-31 RM180.37 Million +13.28%
2009-03-31 RM159.22 Million +32.64%
2008-03-31 RM120.05 Million --

Equity Component Analysis

This analysis shows how different components contribute to Tasco Bhd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 614.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings RM534.67 Million 83.96%
Common Stock RM100.80 Million 15.83%
Other Components RM1.34 Million 0.21%
Total Equity RM636.80 Million 100.00%

Tasco Bhd Competitors by Market Cap

The table below lists competitors of Tasco Bhd ranked by their market capitalization.

Company Market Cap
ENERGIA IN.Y DES. EO 025
F:F63
 		$16.94 Million
APEX Wind Power Equipment Manufacturing
TWO:7702
 		$16.95 Million
Awilco Drilling PLC
OTCMKTS:AWLCF
 		$16.95 Million
Aker Technology Co Ltd
TWO:6174
 		$16.95 Million
AGUIA RES LTD AD-20
F:5N91
 		$16.92 Million
MorphoSys AG
PINK:MPSYF
 		$16.92 Million
Lii Hen Industries Bhd
KLSE:7089
 		$16.92 Million
VULCAN MINLS
F:VM3
 		$16.91 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tasco Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 629,409,792 to 636,805,000, a change of 7,395,208 (1.2%).
  • Net income of 26,195,000 contributed positively to equity growth.
  • Dividend payments of 18,800,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM26.20 Million +4.11%
Dividends Paid RM18.80 Million -2.95%
Other Changes RM208.00 +0.0%
Total Change RM- 1.17%

Book Value vs Market Value Analysis

This analysis compares Tasco Bhd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.55x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 2.17x to 0.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-03-31 RM0.20 RM0.44 x
2009-03-31 RM0.26 RM0.44 x
2010-03-31 RM0.23 RM0.44 x
2011-03-31 RM0.27 RM0.44 x
2012-03-31 RM0.30 RM0.44 x
2013-03-31 RM0.32 RM0.44 x
2014-03-31 RM0.34 RM0.44 x
2015-03-31 RM0.37 RM0.44 x
2016-03-31 RM0.40 RM0.44 x
2017-03-31 RM0.43 RM0.44 x
2018-03-31 RM0.45 RM0.44 x
2019-03-31 RM0.46 RM0.44 x
2020-03-31 RM0.54 RM0.44 x
2021-03-31 RM0.59 RM0.44 x
2022-03-31 RM0.65 RM0.44 x
2023-03-31 RM0.74 RM0.44 x
2024-03-31 RM0.79 RM0.44 x
2025-03-31 RM0.80 RM0.44 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tasco Bhd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 4.11%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.59%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 2.98x
  • Recent ROE (4.11%) is below the historical average (9.36%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 10.33% 3.49% 2.08x 1.42x RM398.48K
2009 8.28% 3.99% 1.58x 1.31x RM-2.74 Million
2010 10.19% 5.01% 1.49x 1.37x RM348.02K
2011 11.59% 5.59% 1.50x 1.38x RM3.40 Million
2012 14.37% 7.37% 1.35x 1.44x RM10.52 Million
2013 11.31% 6.53% 1.28x 1.35x RM3.34 Million
2014 9.31% 5.71% 1.24x 1.31x RM-1.87 Million
2015 10.26% 6.21% 1.15x 1.44x RM771.06K
2016 9.57% 5.94% 1.14x 1.41x RM-1.38 Million
2017 9.00% 5.25% 1.14x 1.51x RM-3.40 Million
2018 8.11% 4.14% 0.95x 2.07x RM-6.84 Million
2019 3.52% 1.77% 0.86x 2.31x RM-24.06 Million
2020 2.04% 1.19% 0.79x 2.18x RM-34.68 Million
2021 8.79% 4.36% 0.99x 2.05x RM-5.69 Million
2022 12.62% 4.40% 1.08x 2.66x RM13.56 Million
2023 15.24% 5.65% 1.05x 2.58x RM31.23 Million
2024 9.81% 5.76% 0.64x 2.66x RM-1.20 Million
2025 4.11% 2.59% 0.53x 2.98x RM-37.49 Million

Industry Comparison

This section compares Tasco Bhd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.

Industry Context

  • Industry: Integrated Freight & Logistics
  • Average net assets among peers: $308,322,431
  • Average return on equity (ROE) among peers: 15.39%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tasco Bhd (5140) RM726.46 Million 10.33% 1.92x $16.93 Million
Ancom Logistics Bhd (0048) $24.85 Million -16.61% 1.11x $4.14 Million
GD Express Carrier Bhd (0078) $65.07 Million 20.93% 0.65x $46.90 Million
Straits Inter Logistics Bhd (0080) $85.37 Million 4.75% 0.73x $7.08 Million
Tri-Mode System M Bhd (0199) $92.65 Million 2.66% 0.82x $653.68K
KGW Group Berhad (0282) $3.63 Million 59.95% 2.88x $2.11 Million
AGX Group Berhad (0299) $5.29 Million 10.57% 12.50x $12.26 Million
Sin-Kung Logistics Berhad (0305) $27.71 Million 33.86% 2.09x $2.17 Million
Harbour Link Group Bhd (2062) $897.81 Million 13.14% 0.44x $27.95 Million
POS Malaysia&Services Holdings Bhd (4634) $1.57 Billion 9.24% 0.28x $17.70 Million