Top Glove Corporation Bhd (7113) - Net Assets

Latest as of November 2025: RM4.76 Billion MYR ≈ $1.20 Billion USD

Based on the latest financial reports, Top Glove Corporation Bhd (7113) has net assets worth RM4.76 Billion MYR (≈ $1.20 Billion USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM6.31 Billion ≈ $1.58 Billion USD) and total liabilities (RM1.55 Billion ≈ $388.92 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 Top Glove Corporation Bhd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets RM4.76 Billion
% of Total Assets 75.45%
Annual Growth Rate 17.09%
5-Year Change -33.76%
10-Year Change 161.93%
Growth Volatility 39.58

Top Glove Corporation Bhd - Net Assets Trend (2005–2025)

This chart illustrates how Top Glove Corporation Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 7113 asset base for the complete picture of this company's asset base.

Annual Net Assets for Top Glove Corporation Bhd (2005–2025)

The table below shows the annual net assets of Top Glove Corporation Bhd from 2005 to 2025. For live valuation and market cap data, see Top Glove Corporation Bhd (7113) total market value.

Year Net Assets Change
2025-08-31 RM4.78 Billion
≈ $1.20 Billion		 -18.04%
2024-08-31 RM5.84 Billion
≈ $1.47 Billion		 -1.53%
2023-08-31 RM5.93 Billion
≈ $1.49 Billion		 -12.76%
2022-08-31 RM6.79 Billion
≈ $1.71 Billion		 -5.91%
2021-08-31 RM7.22 Billion
≈ $1.81 Billion		 +16.63%
2020-08-31 RM6.19 Billion
≈ $1.55 Billion		 +142.39%
2019-08-31 RM2.55 Billion
≈ $641.26 Million		 +6.70%
2018-08-31 RM2.39 Billion
≈ $601.00 Million		 +18.95%
2017-08-31 RM2.01 Billion
≈ $505.27 Million		 +10.22%
2016-08-31 RM1.83 Billion
≈ $458.41 Million		 +13.10%
2015-08-31 RM1.61 Billion
≈ $405.32 Million		 +15.52%
2014-08-31 RM1.40 Billion
≈ $350.88 Million		 +2.92%
2013-08-31 RM1.36 Billion
≈ $340.91 Million		 +6.09%
2012-08-31 RM1.28 Billion
≈ $321.33 Million		 +11.64%
2011-08-31 RM1.15 Billion
≈ $287.82 Million		 +2.69%
2010-08-31 RM1.12 Billion
≈ $280.28 Million		 +31.96%
2009-08-31 RM845.98 Million
≈ $212.40 Million		 +23.18%
2008-08-31 RM686.79 Million
≈ $172.43 Million		 +7.79%
2007-08-31 RM637.14 Million
≈ $159.96 Million		 +124.26%
2006-08-31 RM284.11 Million
≈ $71.33 Million		 +39.48%
2005-08-31 RM203.69 Million
≈ $51.14 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Top Glove Corporation 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 420991000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (August 2025)

Component Amount Percentage
Retained Earnings RM4.21 Billion 88.52%
Common Stock RM1.86 Billion 39.03%
Other Comprehensive Income RM62.94 Million 1.32%
Total Equity RM4.76 Billion 100.00%

Top Glove Corporation Bhd Competitors by Market Cap

The table below lists competitors of Top Glove Corporation Bhd ranked by their market capitalization.

Company Market Cap
Henan Thinker Automation
SHG:603508
 $1.46 Billion
Globant S.A.
LSE:0RIX
 $1.46 Billion
Baosheng
SHG:600973
 $1.46 Billion
Resilient Property Income Fund Ltd
JSE:RES
 $1.46 Billion
Rianlon Corp
SHE:300596
 $1.46 Billion
Prodea Real Estate Investment Co.
AT:PRODEA
 $1.46 Billion
WEBTOON Entertainment Inc. Common stock
NASDAQ:WBTN
 $1.46 Billion
Anhui Hengyuan Coal Industry and Electricity Power Co Ltd
SHG:600971
 $1.46 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 5,805,668,000 to 4,755,637,000, a change of -1,050,031,000 (-18.1%).
  • Net income of 105,330,000 contributed positively to equity growth.
  • Share repurchases of 7,946,000 reduced equity.
  • New share issuances of 6,657,000 increased equity.
  • Other comprehensive income increased equity by 62,937,000.
  • Other factors decreased equity by 1,217,009,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM105.33 Million +2.21%
Share Repurchases RM7.95 Million -0.17%
Share Issuances RM6.66 Million +0.14%
Other Comprehensive Income RM62.94 Million +1.32%
Other Changes RM-1.22 Billion -25.59%
Total Change RM- -18.09%

Book Value vs Market Value Analysis

This analysis compares Top Glove Corporation 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: 1.22x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 22.67x to 1.22x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-08-31 RM0.03 RM0.73 x
2006-08-31 RM0.04 RM0.73 x
2007-08-31 RM0.09 RM0.73 x
2008-08-31 RM0.09 RM0.73 x
2009-08-31 RM0.11 RM0.73 x
2010-08-31 RM0.15 RM0.73 x
2011-08-31 RM0.15 RM0.73 x
2012-08-31 RM0.17 RM0.73 x
2013-08-31 RM0.18 RM0.73 x
2014-08-31 RM0.19 RM0.73 x
2015-08-31 RM0.21 RM0.73 x
2016-08-31 RM0.24 RM0.73 x
2017-08-31 RM0.27 RM0.73 x
2018-08-31 RM0.31 RM0.73 x
2019-08-31 RM0.32 RM0.73 x
2020-08-31 RM0.76 RM0.73 x
2021-08-31 RM0.89 RM0.73 x
2022-08-31 RM0.84 RM0.73 x
2023-08-31 RM0.74 RM0.73 x
2024-08-31 RM0.72 RM0.73 x
2025-08-31 RM0.59 RM0.73 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Top Glove Corporation 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): 2.21%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.02%
  • • Asset Turnover: 0.56x
  • • Equity Multiplier: 1.32x
  • Recent ROE (2.21%) is below the historical average (19.00%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 26.42% 8.33% 1.27x 2.50x RM33.24 Million
2006 28.03% 7.96% 1.30x 2.70x RM50.85 Million
2007 16.71% 8.37% 1.17x 1.71x RM41.32 Million
2008 16.21% 7.85% 1.24x 1.66x RM41.40 Million
2009 20.38% 10.99% 1.35x 1.37x RM85.62 Million
2010 22.92% 12.04% 1.52x 1.26x RM141.16 Million
2011 10.08% 5.51% 1.44x 1.27x RM910.70K
2012 16.15% 8.76% 1.45x 1.27x RM77.19 Million
2013 14.75% 8.49% 1.31x 1.33x RM63.31 Million
2014 12.96% 7.93% 1.18x 1.39x RM41.18 Million
2015 17.40% 11.14% 0.93x 1.67x RM118.98 Million
2016 19.84% 12.49% 1.09x 1.46x RM178.93 Million
2017 16.40% 9.64% 1.16x 1.47x RM128.24 Million
2018 18.26% 10.30% 0.80x 2.22x RM196.37 Million
2019 14.37% 7.60% 0.84x 2.24x RM110.98 Million
2020 28.84% 24.57% 0.83x 1.41x RM1.16 Billion
2021 108.29% 47.44% 1.67x 1.36x RM7.04 Billion
2022 4.08% 4.95% 0.69x 1.20x RM-399.76 Million
2023 -14.92% -38.92% 0.32x 1.20x RM-1.47 Billion
2024 -0.31% -0.73% 0.36x 1.20x RM-598.83 Million
2025 2.21% 3.02% 0.56x 1.32x RM-370.23 Million

Industry Comparison

This section compares Top Glove Corporation Bhd's net assets metrics with peer companies in the Medical Instruments & Supplies industry.

Industry Context

  • Industry: Medical Instruments & Supplies
  • Average net assets among peers: $608,400,347
  • Average return on equity (ROE) among peers: -6.50%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Top Glove Corporation Bhd (7113) RM4.76 Billion 26.42% 0.33x $1.46 Billion
Inix Technologies Holdings Bhd (0094) $37.62 Million -22.76% -0.20x $3.94 Million
Focus Point Holdings Bhd (0157) $57.28 Million 12.39% 1.24x $78.78 Million
Careplus Group Bhd (0163) $53.19 Million 5.59% 1.29x $13.52 Million
LKL International Bhd (0182) $35.08 Million 9.32% 0.49x $4.38 Million
GETS Global Bhd (5079) $90.20 Million -19.79% 1.51x $19.75 Million
Supermax Corporation Bhd (7106) $4.69 Billion -3.00% 0.12x $241.79 Million
Kossan Rubber Industries Bhd (7153) $251.80 Million 21.88% 1.13x $698.28 Million
Adventa Bhd (7191) $81.00 Million 3.70% 0.65x $10.36 Million
Iconic Worldwide Bhd (9113) $177.85 Million -65.85% 0.71x $27.53 Million

About Top Glove Corporation Bhd

KLSE:7113 Malaysia Medical Instruments & Supplies
Market Cap
$1.46 Billion
RM5.81 Billion MYR
Market Cap Rank
#7499 Global
#68 in Malaysia
Share Price
RM0.73
Change (1 day)
+1.40%
52-Week Range
RM0.55 - RM0.89
All Time High
RM8.52
Categories
Companies in Malaysia Medical Instruments & Supplies
About

Top Glove Corporation Bhd., an investment holding company, engages in the manufacture, trade, and sale of gloves in Malaysia, Thailand, the People's Republic of China, and internationally. It offers nitrile, latex, surgical, rubber, examination, medical, and vinyl gloves; concentrate and synthetic latex, formers, chemicals and chemical compounds, rubber dental dams, exercise bands, condoms, and r… Read more