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. Also explore GD Express Carrier Bhd (0078) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
GD Express Carrier Bhd Tangible Net Worth Ratio (2006–2026)
This chart shows how GD Express Carrier Bhd's Tangible Net Worth Ratio has changed across 20 annual periods from 2006 to 2026. 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. For live market cap and overall valuation, see 0078 market cap overview.
Annual Tangible Net Worth Ratio for GD Express Carrier Bhd (2006–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for GD Express Carrier Bhd from 2006 to 2026, covering 20 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. Explore reinvestment intensity of GD Express Carrier Bhd to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 99.8% | RM410.76 Million | RM930.00K | RM578.10 Million | ▲ +0.1 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 | — |