Managepay Systems Bhd (0156) — Tangible Net Worth Ratio
Managepay Systems Bhd (0156) has a Tangible Net Worth Ratio of 77.4% as of March 2026. This metric is calculated by deducting intangible assets (RM15.01 Million) from net assets (RM66.31 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 net asset growth rate of Managepay Systems Bhd to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Managepay Systems Bhd Tangible Net Worth Ratio (2016–2024)
This chart shows how Managepay Systems Bhd's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of March 2026, the ratio stands at 77.4%, reflecting net assets of RM66.31 Million with intangible assets of RM15.01 Million MYR. For live market cap and overall valuation, see Managepay Systems Bhd stock valuation.
Annual Tangible Net Worth Ratio for Managepay Systems Bhd (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Managepay Systems 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. Explore Managepay Systems Bhd (0156) reinvestment ratio 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) |
|---|---|---|---|---|---|
| 2024 | 77.6% | RM66.82 Million | RM14.95 Million | RM81.77 Million | ▲ +1.5 pp |
| 2023 | 76.1% | RM70.02 Million | RM16.74 Million | RM90.17 Million | ▼ -0.3 pp |
| 2022 | 76.4% | RM76.50 Million | RM18.09 Million | RM83.98 Million | ▼ -7.1 pp |
| 2021 | 83.4% | RM85.41 Million | RM14.14 Million | RM91.33 Million | ▲ +8.0 pp |
| 2020 | 75.5% | RM48.11 Million | RM11.79 Million | RM53.75 Million | ▲ +0.4 pp |
| 2019 | 75.0% | RM80.95 Million | RM20.20 Million | RM87.66 Million | ▼ -4.0 pp |
| 2018 | 79.1% | RM86.43 Million | RM18.10 Million | RM92.35 Million | ▼ -4.6 pp |
| 2017 | 83.6% | RM95.02 Million | RM15.57 Million | RM100.23 Million | ▼ -4.5 pp |
| 2016 | 88.1% | RM101.37 Million | RM12.07 Million | RM106.42 Million | — |