United Malacca Bhd (2593) — Tangible Net Worth Ratio
United Malacca Bhd (2593) has a Tangible Net Worth Ratio of 95.1% as of April 2026. This metric is calculated by deducting intangible assets (RM76.87 Million) from net assets (RM1.56 Billion) 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 United Malacca Bhd 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
United Malacca Bhd Tangible Net Worth Ratio (2013–2026)
This chart shows how United Malacca Bhd's Tangible Net Worth Ratio has changed across 14 annual periods from 2013 to 2026. As of April 2026, the ratio stands at 95.1%, reflecting net assets of RM1.56 Billion with intangible assets of RM76.87 Million MYR. For live market cap and overall valuation, see United Malacca Bhd market capitalisation.
Annual Tangible Net Worth Ratio for United Malacca Bhd (2013–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for United Malacca Bhd from 2013 to 2026, covering 14 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 2593 capital 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) |
|---|---|---|---|---|---|
| 2026 | 95.1% | RM1.56 Billion | RM76.87 Million | RM1.82 Billion | ▼ -4.9 pp |
| 2025 | 100.0% | RM1.50 Billion | RM191.00K | RM1.85 Billion | ▲ +7.6 pp |
| 2024 | 92.4% | RM1.48 Billion | RM113.31 Million | RM1.85 Billion | ▼ -7.6 pp |
| 2023 | 100.0% | RM1.43 Billion | RM233.00K | RM1.84 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | RM1.40 Billion | RM234.00K | RM1.84 Billion | ▲ +0.9 pp |
| 2021 | 99.0% | RM1.31 Billion | RM12.56 Million | RM1.73 Billion | ▲ +1.3 pp |
| 2020 | 97.8% | RM1.32 Billion | RM29.14 Million | RM1.79 Billion | ▲ +0.0 pp |
| 2019 | 97.7% | RM1.32 Billion | RM29.67 Million | RM1.86 Billion | ▼ -2.3 pp |
| 2018 | 100.0% | RM1.37 Billion | RM0.00 | RM1.82 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | RM1.41 Billion | RM0.00 | RM1.90 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | RM1.71 Billion | RM0.00 | RM2.07 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | RM1.68 Billion | RM0.00 | RM1.81 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | RM1.68 Billion | RM0.00 | RM1.81 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | RM1.54 Billion | RM0.00 | RM1.77 Billion | — |