Tex Cycle Technology M Bhd (0089) — Tangible Net Worth Ratio
Tex Cycle Technology M Bhd (0089) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM206.12 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 0089 book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tex Cycle Technology M Bhd Tangible Net Worth Ratio (2016–2025)
This chart shows how Tex Cycle Technology M Bhd's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of RM206.12 Million with intangible assets of RM0.00 MYR. Also explore net asset momentum of Tex Cycle Technology M Bhd to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Tex Cycle Technology M Bhd (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Tex Cycle Technology M Bhd from 2016 to 2025, covering 10 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 Tex Cycle Technology M Bhd stock valuation.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.8% | RM191.55 Million | RM2.21 Million | RM294.49 Million | ▼ -1.1 pp |
| 2024 | 100.0% | RM186.33 Million | RM85.43K | RM235.45 Million | ▼ 0.0 pp |
| 2023 | 100.0% | RM138.51 Million | RM0.00 | RM178.88 Million | ▲ +0.0 pp |
| 2022 | 100.0% | RM123.06 Million | RM0.00 | RM161.02 Million | ▲ +0.0 pp |
| 2021 | 100.0% | RM114.89 Million | RM0.00 | RM130.13 Million | ▲ +0.0 pp |
| 2020 | 100.0% | RM108.65 Million | RM0.00 | RM123.00 Million | ▲ +0.0 pp |
| 2019 | 100.0% | RM105.56 Million | RM0.00 | RM121.68 Million | ▲ +20.7 pp |
| 2018 | 79.3% | RM101.60 Million | RM21.02 Million | RM119.96 Million | ▼ -20.7 pp |
| 2017 | 100.0% | RM95.83 Million | RM0.00 | RM113.75 Million | ▲ +0.0 pp |
| 2016 | 100.0% | RM84.86 Million | RM0.00 | RM92.28 Million | — |