Managepay Systems Bhd (0156) — Tangible Net Worth Ratio
Managepay Systems Bhd (0156) has a Tangible Net Worth Ratio of 78.6% as of December 2025. This metric is calculated by deducting intangible assets (RM14.77 Million) from net assets (RM68.88 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 working capital position of Managepay Systems Bhd to evaluate short-term liquidity relative to the company's equity base.
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 December 2025, the ratio stands at 78.6%, reflecting net assets of RM68.88 Million with intangible assets of RM14.77 Million MYR. See how many days can Managepay Systems Bhd fund operations to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see market cap of Managepay Systems Bhd.
| 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 | — |