Smtrack Bhd (0169) — Tangible Net Worth Ratio
Smtrack Bhd (0169) has a Tangible Net Worth Ratio of 79.5% as of July 2025. This metric is calculated by deducting intangible assets (RM9.24 Million) from net assets (RM45.03 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 net assets of Smtrack Bhd for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Smtrack Bhd Tangible Net Worth Ratio (2015–2024)
This chart shows how Smtrack Bhd's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of July 2025, the ratio stands at 79.5%, reflecting net assets of RM45.03 Million with intangible assets of RM9.24 Million MYR. Also explore net asset momentum of Smtrack Bhd to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Smtrack Bhd (2015–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Smtrack Bhd from 2015 to 2024, 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 0169 stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 79.8% | RM45.73 Million | RM9.24 Million | RM69.22 Million | ▼ -7.5 pp |
| 2023 | 87.3% | RM73.00 Million | RM9.24 Million | RM112.05 Million | ▼ -0.5 pp |
| 2022 | 87.8% | RM75.76 Million | RM9.24 Million | RM118.93 Million | ▲ +8.9 pp |
| 2021 | 78.9% | RM43.79 Million | RM9.24 Million | RM56.24 Million | ▼ -21.1 pp |
| 2020 | 100.0% | RM7.73 Million | RM0.00 | RM10.22 Million | ▲ +0.0 pp |
| 2019 | 100.0% | RM11.54 Million | RM0.00 | RM14.30 Million | ▲ +0.0 pp |
| 2018 | 100.0% | RM12.70 Million | RM0.00 | RM14.45 Million | ▲ +0.0 pp |
| 2017 | 100.0% | RM8.46 Million | RM0.00 | RM9.49 Million | ▲ +4.0 pp |
| 2016 | 96.0% | RM17.71 Million | RM701.31K | RM19.39 Million | ▲ +5.2 pp |
| 2015 | 90.8% | RM15.12 Million | RM1.39 Million | RM18.16 Million | — |