N2N Connect Bhd (0108) — Tangible Net Worth Ratio

Latest as of September 2025: 81.3%

N2N Connect Bhd (0108) has a Tangible Net Worth Ratio of 81.3% as of September 2025. This metric is calculated by deducting intangible assets (RM46.50 Million) from net assets (RM249.30 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 N2N Connect Bhd's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

81.3%
Tangible equity / total equity

Net Assets (Equity)

RM249.30 Million
MYR

Intangible Assets

RM46.50 Million
Goodwill, patents, brand value

Total Assets

RM276.19 Million
MYR

N2N Connect Bhd Tangible Net Worth Ratio (2016–2024)

This chart shows how N2N Connect Bhd's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 81.3%, reflecting net assets of RM249.30 Million with intangible assets of RM46.50 Million MYR. Also explore how fast is N2N Connect Bhd growing its equity to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for N2N Connect Bhd (2016–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for N2N Connect Bhd from 2016 to 2024, covering 9 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 0108 company net worth.

Year Tangible NW Ratio Net Assets (MYR) Intangible Assets Total Assets Change (pp)
2024 95.1% RM252.26 Million RM12.35 Million RM277.54 Million ▲ +2.4 pp
2023 92.7% RM293.76 Million RM21.49 Million RM323.91 Million ▲ +0.7 pp
2022 92.0% RM284.73 Million RM22.77 Million RM307.74 Million ▲ +1.2 pp
2021 90.8% RM267.55 Million RM24.48 Million RM289.47 Million ▲ +0.0 pp
2020 90.8% RM263.32 Million RM24.21 Million RM297.41 Million ▼ -0.5 pp
2019 91.3% RM256.41 Million RM22.21 Million RM303.90 Million ▼ -0.3 pp
2018 91.7% RM248.43 Million RM20.67 Million RM306.19 Million ▲ +2.4 pp
2017 89.3% RM189.52 Million RM20.28 Million RM282.58 Million ▼ -0.5 pp
2016 89.8% RM178.39 Million RM18.13 Million RM190.69 Million
pp = percentage points