Taliworks Corporation Bhd

KLSE:8524 Malaysia Waste Management
Market Cap
$187.98 Million
RM846.64 Million MYR
Market Cap Rank
#20297 Global
#194 in Malaysia
Share Price
RM0.42
Change (1 day)
+1.20%
52-Week Range
RM0.42 - RM0.72
All Time High
RM0.85
Categories
Companies in Malaysia Waste Management
About

Taliworks Corporation Berhad, an investment holding company, operates, manages, and maintains water treatment plants in Malaysia. It operates through Water, Construction, Toll Highway, Waste Management, Renewable Energy, and Others segments. The company engages in water treatment and supply activities; provision of contracting, project, and management services relating to construction contracts; … Read more

Taliworks Corporation Bhd (8524) - Net Assets

Latest net assets as of December 2025: RM1.02 Billion MYR

Based on the latest financial reports, Taliworks Corporation Bhd (8524) has net assets worth RM1.02 Billion MYR as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.72 Billion) and total liabilities (RM700.99 Million). 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 RM1.02 Billion
% of Total Assets 59.25%
Annual Growth Rate 6.39%
5-Year Change -11.92%
10-Year Change -27.09%
Growth Volatility 28.61

Taliworks Corporation Bhd - Net Assets Trend (2006–2025)

This chart illustrates how Taliworks Corporation 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 Taliworks Corporation Bhd (2006–2025)

The table below shows the annual net assets of Taliworks Corporation Bhd from 2006 to 2025.

Year Net Assets Change
2025-12-31 RM1.02 Billion +5.92%
2024-12-31 RM962.41 Million -0.15%
2023-12-31 RM963.86 Million -8.02%
2022-12-31 RM1.05 Billion -9.47%
2021-12-31 RM1.16 Billion -4.16%
2020-12-31 RM1.21 Billion -6.59%
2019-12-31 RM1.29 Billion -2.22%
2018-12-31 RM1.32 Billion -0.42%
2017-12-31 RM1.33 Billion -5.03%
2016-12-31 RM1.40 Billion -2.44%
2015-12-31 RM1.43 Billion +4.20%
2014-12-31 RM1.38 Billion +125.28%
2013-12-31 RM610.55 Million +6.51%
2012-12-31 RM573.21 Million +11.80%
2011-12-31 RM512.69 Million +6.78%
2010-12-31 RM480.12 Million +25.91%
2009-12-31 RM381.31 Million +6.79%
2008-12-31 RM357.08 Million +7.03%
2007-12-31 RM333.62 Million +6.14%
2006-12-31 RM314.33 Million --

Equity Component Analysis

This analysis shows how different components contribute to Taliworks 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 166.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings RM273.74 Million 38.40%
Common Stock RM438.35 Million 61.49%
Other Comprehensive Income RM835.00K 0.12%
Total Equity RM712.93 Million 100.00%

Taliworks Corporation Bhd Competitors by Market Cap

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

Company Market Cap
ASSOCIATED CAP. A DL-001
F:41J
 		$61.17 Million
WRKR Ltd
AU:WRK
 		$61.24 Million
Largo Resources Ltd
NASDAQ:LGO
 		$61.25 Million
Enea AB
ST:ENEA
 		$61.25 Million
Chaun-Choung Technology Corp
TW:6230
 		$61.13 Million
TCI Express Limited
NSE:TCIEXP
 		$61.13 Million
Fabryka Obrabiarek RAFAMET S.A.
WAR:RAF
 		$61.08 Million
Deva Holding AS
IS:DEVA
 		$61.08 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 668,981,000 to 712,933,000, a change of 43,952,000 (6.6%).
  • Net income of 83,540,000 contributed positively to equity growth.
  • Dividend payments of 40,316,000 reduced retained earnings.
  • Other comprehensive income increased equity by 835,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM83.54 Million +11.72%
Dividends Paid RM40.32 Million -5.65%
Other Comprehensive Income RM835.00K +0.12%
Other Changes RM-107.00K -0.02%
Total Change RM- 6.57%

Book Value vs Market Value Analysis

This analysis compares Taliworks 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: 1.19x
  • 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 2.04x to 1.19x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 RM0.21 RM0.42 x
2007-12-31 RM0.21 RM0.42 x
2008-12-31 RM0.22 RM0.42 x
2009-12-31 RM0.24 RM0.42 x
2010-12-31 RM0.29 RM0.42 x
2011-12-31 RM0.28 RM0.42 x
2012-12-31 RM0.31 RM0.42 x
2013-12-31 RM0.33 RM0.42 x
2014-12-31 RM0.47 RM0.42 x
2015-12-31 RM0.62 RM0.42 x
2016-12-31 RM0.56 RM0.42 x
2017-12-31 RM0.52 RM0.42 x
2018-12-31 RM0.52 RM0.42 x
2019-12-31 RM0.51 RM0.42 x
2020-12-31 RM0.48 RM0.42 x
2021-12-31 RM0.45 RM0.42 x
2022-12-31 RM0.39 RM0.42 x
2023-12-31 RM0.35 RM0.42 x
2024-12-31 RM0.33 RM0.42 x
2025-12-31 RM0.35 RM0.42 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Taliworks 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): 11.72%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.09%
  • • Asset Turnover: 0.27x
  • • Equity Multiplier: 2.41x
  • Recent ROE (11.72%) is above the historical average (9.71%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 11.37% 24.95% 0.41x 1.12x RM4.30 Million
2007 10.25% 17.67% 0.32x 1.84x RM822.60K
2008 13.01% 20.21% 0.34x 1.89x RM10.59 Million
2009 10.27% 24.26% 0.28x 1.49x RM1.01 Million
2010 6.16% 16.99% 0.32x 1.13x RM-18.23 Million
2011 6.44% 19.37% 0.19x 1.74x RM-17.97 Million
2012 7.59% 16.97% 0.26x 1.73x RM-13.64 Million
2013 4.63% 9.94% 0.27x 1.74x RM-32.55 Million
2014 35.37% 86.22% 0.12x 3.28x RM216.07 Million
2015 7.55% 21.65% 0.14x 2.54x RM-28.11 Million
2016 11.37% 45.83% 0.11x 2.19x RM15.33 Million
2017 2.76% 8.26% 0.15x 2.25x RM-76.27 Million
2018 9.47% 27.95% 0.15x 2.31x RM-5.60 Million
2019 7.38% 21.18% 0.15x 2.28x RM-27.10 Million
2020 6.20% 19.70% 0.15x 2.16x RM-36.45 Million
2021 8.68% 32.23% 0.13x 2.15x RM-11.98 Million
2022 7.00% 17.70% 0.17x 2.36x RM-23.60 Million
2023 6.03% 11.20% 0.21x 2.54x RM-27.63 Million
2024 10.93% 19.20% 0.23x 2.53x RM6.24 Million
2025 11.72% 18.09% 0.27x 2.41x RM12.25 Million

Industry Comparison

This section compares Taliworks Corporation Bhd's net assets metrics with peer companies in the Waste Management industry.

Industry Context

  • Industry: Waste Management
  • Average net assets among peers: $212,638,700
  • Average return on equity (ROE) among peers: 6.55%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Taliworks Corporation Bhd (8524) RM1.02 Billion 11.37% 0.69x $61.16 Million
JAG Bhd (0024) $220.36 Million 8.69% 0.23x $14.04 Million
Tex Cycle Technology M Bhd (0089) $138.51 Million 11.18% 0.29x $25.59 Million
Progressive Impact Corporation Bhd (7201) $80.23 Million 2.41% 1.04x $1.79 Million
Salcon Engineering Berhad (8567) $411.45 Million 3.92% 0.61x $26.05 Million