WCE Holdings Bhd (3565) — Tangible Net Worth Ratio
WCE Holdings Bhd (3565) has a Tangible Net Worth Ratio of -912.0% as of September 2025. This metric is calculated by deducting intangible assets (RM7.76 Billion) from net assets (RM766.95 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 WCE Holdings Bhd net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
WCE Holdings Bhd Tangible Net Worth Ratio (2014–2025)
This chart shows how WCE Holdings Bhd's Tangible Net Worth Ratio has changed across 13 annual periods from 2014 to 2025. As of September 2025, the ratio stands at -912.0%, reflecting net assets of RM766.95 Million with intangible assets of RM7.76 Billion MYR. Check WCE Holdings Bhd (3565) strategic asset index to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for WCE Holdings Bhd (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for WCE Holdings Bhd from 2014 to 2025, covering 13 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 live market cap and overall valuation, see how much is WCE Holdings Bhd worth.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -765.8% | RM846.75 Million | RM7.33 Billion | RM7.93 Billion | ▼ -98.1 pp |
| 2024 | -667.7% | RM895.16 Million | RM6.87 Billion | RM7.48 Billion | ▼ -178.8 pp |
| 2023 | -488.9% | RM1.05 Billion | RM6.20 Billion | RM7.25 Billion | ▼ -13.3 pp |
| 2022 | -475.7% | RM980.17 Million | RM5.64 Billion | RM6.44 Billion | ▼ -113.6 pp |
| 2021 | -362.0% | RM1.08 Billion | RM4.98 Billion | RM6.13 Billion | ▼ -76.3 pp |
| 2020 | -285.7% | RM1.18 Billion | RM4.55 Billion | RM5.61 Billion | ▲ +123.0 pp |
| 2019 | -408.7% | RM700.26 Million | RM3.56 Billion | RM4.79 Billion | ▼ -124.4 pp |
| 2018 | -284.3% | RM679.79 Million | RM2.61 Billion | RM4.13 Billion | ▼ -152.2 pp |
| 2017 | -132.2% | RM685.66 Million | RM1.59 Billion | RM2.94 Billion | ▼ -132.4 pp |
| 2016 | 0.2% | RM693.00 Million | RM691.41 Million | RM2.42 Billion | ▼ -99.8 pp |
| 2015 | 100.0% | RM665.00 Million | RM0.00 | RM755.00 Million | ▲ +0.0 pp |
| 2014 | 100.0% | RM169.00 Million | RM0.00 | RM410.00 Million | ▲ +0.0 pp |
| 2014 | 100.0% | RM249.00 Million | RM0.00 | RM487.00 Million | — |