Tasco Bhd (5140) - Net Assets

Latest as of March 2026: RM735.50 Million MYR ≈ $184.66 Million USD

Based on the latest financial reports, Tasco Bhd (5140) has net assets worth RM735.50 Million MYR (≈ $184.66 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.91 Billion ≈ $479.39 Million USD) and total liabilities (RM1.17 Billion ≈ $294.73 Million USD). 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. Check 5140 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM735.50 Million
% of Total Assets	38.52%
Annual Growth Rate	10.6%
5-Year Change	25.74%
10-Year Change	115.23%
Growth Volatility	9.07

Tasco Bhd - Net Assets Trend (2008–2026)

This chart illustrates how Tasco Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Tasco Bhd total assets for the complete picture of this company's asset base.

Annual Net Assets for Tasco Bhd (2008–2026)

The table below shows the annual net assets of Tasco Bhd from 2008 to 2026. For live valuation and market cap data, see 5140 market cap overview.

Year	Net Assets	Change
2026-03-31	RM735.50 Million ≈ $184.66 Million	+3.86%
2025-03-31	RM708.14 Million ≈ $177.79 Million	+1.31%
2024-03-31	RM698.98 Million ≈ $175.49 Million	+5.29%
2023-03-31	RM663.87 Million ≈ $166.68 Million	+13.49%
2022-03-31	RM584.94 Million ≈ $146.86 Million	+9.01%
2021-03-31	RM536.57 Million ≈ $134.72 Million	+7.26%
2020-03-31	RM500.26 Million ≈ $125.60 Million	+34.16%
2019-03-31	RM372.89 Million ≈ $93.62 Million	+2.53%
2018-03-31	RM363.71 Million ≈ $91.32 Million	+6.43%
2017-03-31	RM341.72 Million ≈ $85.80 Million	+6.54%
2016-03-31	RM320.76 Million ≈ $80.53 Million	+6.97%
2015-03-31	RM299.87 Million ≈ $75.29 Million	+9.99%
2014-03-31	RM272.63 Million ≈ $68.45 Million	-0.14%
2013-12-31	RM273.00 Million ≈ $68.54 Million	+6.63%
2013-03-31	RM256.03 Million ≈ $64.28 Million	+6.16%
2012-03-31	RM241.18 Million ≈ $60.55 Million	+12.63%
2011-03-31	RM214.14 Million ≈ $53.76 Million	+18.72%
2010-03-31	RM180.37 Million ≈ $45.28 Million	+13.28%
2009-03-31	RM159.22 Million ≈ $39.98 Million	+32.64%
2008-03-31	RM120.05 Million ≈ $30.14 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 651.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	RM562.13 Million	84.62%
Common Stock	RM100.80 Million	15.17%
Other Comprehensive Income	RM-65.00K	-0.01%
Other Components	RM1.40 Million	0.21%
Total Equity	RM664.27 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
Afarak Group Oyj HE:AFAGR	$80.37 Million
Outcrop Gold Corp V:OCG	$80.38 Million
Johnson Chemical Pharmaceutical Works Co Ltd TWO:4747	$80.41 Million
Morn Sun Feed Mill Corp TWO:1240	$80.41 Million
Sumeeko Industries Co Ltd TWO:2066	$80.33 Million
ZK International Group Co Ltd NASDAQ:ZKIN	$80.24 Million
U-Best Polymer Industry Co Ltd TWO:4714	$80.23 Million
ENERGY TRANSITION MINERAL F:G7PA	$80.23 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 2025 to 2026, total equity changed from 636,805,000 to 664,272,000, a change of 27,467,000 (4.3%).
Net income of 37,466,000 contributed positively to equity growth.
Dividend payments of 10,000,000 reduced retained earnings.
Other comprehensive income decreased equity by 65,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	RM37.47 Million	+5.64%
Dividends Paid	RM10.00 Million	-1.51%
Other Comprehensive Income	RM-65.00K	-0.01%
Other Changes	RM66.00K	+0.01%
Total Change	RM-	4.31%

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: 0.48x
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 2.00x to 0.48x 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	RM0.40	x
2009-03-31	RM0.26	RM0.40	x
2010-03-31	RM0.23	RM0.40	x
2011-03-31	RM0.27	RM0.40	x
2012-03-31	RM0.30	RM0.40	x
2013-03-31	RM0.32	RM0.40	x
2014-03-31	RM0.34	RM0.40	x
2015-03-31	RM0.37	RM0.40	x
2016-03-31	RM0.40	RM0.40	x
2017-03-31	RM0.43	RM0.40	x
2018-03-31	RM0.45	RM0.40	x
2019-03-31	RM0.46	RM0.40	x
2020-03-31	RM0.54	RM0.40	x
2021-03-31	RM0.59	RM0.40	x
2022-03-31	RM0.65	RM0.40	x
2023-03-31	RM0.74	RM0.40	x
2024-03-31	RM0.79	RM0.40	x
2025-03-31	RM0.80	RM0.40	x
2026-03-31	RM0.83	RM0.40	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): 5.64%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.11%
• Asset Turnover: 0.48x
• Equity Multiplier: 2.87x
Recent ROE (5.64%) is below the historical average (9.16%), 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
2026	5.64%	4.11%	0.48x	2.87x	RM-28.96 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: $153,368,491
Average return on equity (ROE) among peers: -5.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tasco Bhd (5140)	RM735.50 Million	10.33%	1.60x	$80.34 Million
Ancom Logistics Bhd (0048)	$24.06 Million	-3.29%	0.97x	$8.32 Million
GD Express Carrier Bhd (0078)	$496.43 Million	3.73%	0.32x	$179.61 Million
Straits Inter Logistics Bhd (0080)	$177.60 Million	3.98%	2.42x	$8.74 Million
Tri-Mode System M Bhd (0199)	$92.65 Million	2.66%	0.82x	$7.09 Million
KGW Group Berhad (0282)	$11.80 Million	133.57%	3.18x	$12.12 Million
AGX Group Berhad (0299)	$36.78 Million	16.15%	1.46x	$43.47 Million
Sin-Kung Logistics Berhad (0305)	$53.87 Million	22.91%	1.05x	$24.10 Million
Harbour Link Group Bhd (2062)	$397.89 Million	6.28%	0.64x	$143.10 Million
POS Malaysia&Services Holdings Bhd (4634)	$89.25 Million	-234.48%	20.83x	$60.92 Million

About Tasco Bhd

KLSE:5140 Malaysia Integrated Freight & Logistics

Market Cap

$80.34 Million

RM320.00 Million MYR

Market Cap Rank

#20168 Global

#369 in Malaysia

Share Price

RM0.40

Change (1 day)

+0.00%

52-Week Range

RM0.37 - RM0.55

All Time High

RM1.30