Sin-Kung Logistics Berhad (0305) — Tangible Net Worth Ratio
Sin-Kung Logistics Berhad (0305) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM86.37 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 Sin-Kung Logistics Berhad annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sin-Kung Logistics Berhad Tangible Net Worth Ratio (2020–2023)
This chart shows how Sin-Kung Logistics Berhad's Tangible Net Worth Ratio has changed across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting net assets of RM86.37 Million with intangible assets of RM0.00 MYR. For live market cap and overall valuation, see market value of Sin-Kung Logistics Berhad.
Annual Tangible Net Worth Ratio for Sin-Kung Logistics Berhad (2020–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Sin-Kung Logistics Berhad from 2020 to 2023, covering 4 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 Sin-Kung Logistics Berhad capital spending 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) |
|---|---|---|---|---|---|
| 2023 | 100.0% | RM83.82 Million | RM0.00 | RM210.34 Million | ▲ +0.0 pp |
| 2022 | 100.0% | RM53.87 Million | RM0.00 | RM110.61 Million | ▲ +0.0 pp |
| 2021 | 100.0% | RM42.33 Million | RM0.00 | RM93.05 Million | ▲ +0.0 pp |
| 2020 | 100.0% | RM27.71 Million | RM0.00 | RM85.65 Million | — |