QES Group Bhd (0196) — Tangible Net Worth Ratio
QES Group Bhd (0196) has a Tangible Net Worth Ratio of 95.5% as of June 2026. This metric is calculated by deducting intangible assets (RM9.23 Million) from net assets (RM204.27 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 0196 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
QES Group Bhd Tangible Net Worth Ratio (2015–2025)
This chart shows how QES Group Bhd's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of June 2026, the ratio stands at 95.5%, reflecting net assets of RM204.27 Million with intangible assets of RM9.23 Million MYR. For live market cap and overall valuation, see 0196 stock market capitalisation.
Annual Tangible Net Worth Ratio for QES Group Bhd (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for QES Group Bhd from 2015 to 2025, covering 11 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 0196 capex reinvestment rate 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) |
|---|---|---|---|---|---|
| 2025 | 96.9% | RM199.80 Million | RM6.22 Million | RM324.57 Million | ▲ +0.5 pp |
| 2024 | 96.3% | RM188.02 Million | RM6.87 Million | RM313.89 Million | ▼ -3.6 pp |
| 2023 | 100.0% | RM178.36 Million | RM26.00K | RM275.79 Million | ▲ +3.8 pp |
| 2022 | 96.2% | RM162.63 Million | RM6.16 Million | RM250.89 Million | ▼ -0.7 pp |
| 2021 | 96.9% | RM137.88 Million | RM4.26 Million | RM230.14 Million | ▼ -0.1 pp |
| 2020 | 97.0% | RM117.28 Million | RM3.54 Million | RM191.34 Million | ▲ +0.6 pp |
| 2019 | 96.4% | RM89.08 Million | RM3.19 Million | RM150.25 Million | ▲ +2.8 pp |
| 2018 | 93.6% | RM87.79 Million | RM5.62 Million | RM153.47 Million | ▲ +3.4 pp |
| 2017 | 90.2% | RM46.53 Million | RM4.57 Million | RM113.49 Million | ▲ +4.5 pp |
| 2016 | 85.7% | RM30.59 Million | RM4.37 Million | RM92.56 Million | ▲ +2.6 pp |
| 2015 | 83.1% | RM21.91 Million | RM3.70 Million | RM78.35 Million | — |