GD Express Carrier Bhd (0078) — Tangible Net Worth Ratio
GD Express Carrier Bhd (0078) has a Tangible Net Worth Ratio of 99.5% as of March 2026. This metric is calculated by deducting intangible assets (RM2.12 Million) from net assets (RM408.75 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See what is GD Express Carrier Bhd's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
GD Express Carrier Bhd Tangible Net Worth Ratio (2006–2025)
This chart shows how GD Express Carrier Bhd's Tangible Net Worth Ratio has changed across 19 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 99.5%, reflecting net assets of RM408.75 Million with intangible assets of RM2.12 Million MYR. Also explore GD Express Carrier Bhd net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for GD Express Carrier Bhd (2006–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for GD Express Carrier Bhd from 2006 to 2025, covering 19 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see GD Express Carrier Bhd stock valuation.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.7% | RM430.07 Million | RM1.49 Million | RM601.78 Million | ▲ +0.1 pp |
| 2024 | 99.6% | RM416.40 Million | RM1.70 Million | RM607.62 Million | ▲ +0.1 pp |
| 2023 | 99.5% | RM490.21 Million | RM2.34 Million | RM666.25 Million | ▼ -0.5 pp |
| 2022 | 100.0% | RM481.91 Million | RM0.00 | RM637.90 Million | ▲ +0.0 pp |
| 2020 | 100.0% | RM496.43 Million | RM0.00 | RM656.06 Million | ▲ +4.7 pp |
| 2019 | 95.3% | RM479.16 Million | RM22.61 Million | RM555.64 Million | ▲ +0.1 pp |
| 2018 | 95.2% | RM449.68 Million | RM21.51 Million | RM518.06 Million | ▲ +0.4 pp |
| 2017 | 94.8% | RM426.15 Million | RM22.04 Million | RM478.03 Million | ▲ +0.2 pp |
| 2016 | 94.6% | RM386.81 Million | RM20.72 Million | RM434.59 Million | ▲ +9.7 pp |
| 2015 | 85.0% | RM141.36 Million | RM21.22 Million | RM189.19 Million | ▲ +7.3 pp |
| 2014 | 77.7% | RM97.35 Million | RM21.72 Million | RM139.78 Million | ▲ +11.8 pp |
| 2013 | 65.9% | RM65.07 Million | RM22.22 Million | RM107.10 Million | ▼ -34.1 pp |
| 2012 | 100.0% | RM52.23 Million | RM0.00 | RM95.60 Million | ▲ +0.0 pp |
| 2011 | 100.0% | RM46.73 Million | RM0.00 | RM86.60 Million | ▲ +0.0 pp |
| 2010 | 100.0% | RM42.39 Million | RM0.00 | RM57.41 Million | ▲ +0.0 pp |
| 2009 | 100.0% | RM38.94 Million | RM0.00 | RM53.81 Million | ▲ +0.0 pp |
| 2008 | 100.0% | RM38.28 Million | RM0.00 | RM53.15 Million | ▲ +0.0 pp |
| 2007 | 100.0% | RM34.76 Million | RM0.00 | RM46.20 Million | ▲ +0.0 pp |
| 2006 | 100.0% | RM32.69 Million | RM0.00 | RM41.59 Million | — |