Turbo Mech Bhd (5167) — Tangible Net Worth Ratio
Turbo Mech Bhd (5167) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM118.38 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 5167 book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Turbo Mech Bhd Tangible Net Worth Ratio (2012–2025)
This chart shows how Turbo Mech Bhd's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of RM118.38 Million with intangible assets of RM0.00 MYR. Also explore net asset momentum of Turbo Mech Bhd to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Turbo Mech Bhd (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Turbo Mech Bhd from 2012 to 2025, 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. For the full company profile including market capitalisation, see market cap of Turbo Mech Bhd.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | RM118.38 Million | RM0.00 | RM130.28 Million | ▲ +0.0 pp |
| 2024 | 100.0% | RM121.96 Million | RM0.00 | RM131.82 Million | ▲ +0.0 pp |
| 2023 | 100.0% | RM127.79 Million | RM0.00 | RM138.52 Million | ▲ +0.0 pp |
| 2022 | 100.0% | RM119.01 Million | RM10.00 | RM130.64 Million | ▲ +0.0 pp |
| 2021 | 100.0% | RM114.82 Million | RM10.00 | RM129.06 Million | ▲ +0.0 pp |
| 2020 | 100.0% | RM111.83 Million | RM7.69K | RM124.13 Million | ▲ +0.0 pp |
| 2019 | 100.0% | RM108.19 Million | RM15.37K | RM123.14 Million | ▲ +0.0 pp |
| 2018 | 100.0% | RM106.12 Million | RM23.05K | RM112.58 Million | ▲ +0.0 pp |
| 2017 | 100.0% | RM100.54 Million | RM30.73K | RM110.56 Million | ▲ +0.0 pp |
| 2016 | 100.0% | RM99.49 Million | RM44.69K | RM121.19 Million | ▲ +0.0 pp |
| 2015 | 99.9% | RM98.00 Million | RM61.44K | RM115.00 Million | ▼ -0.1 pp |
| 2014 | 100.0% | RM86.00 Million | RM0.00 | RM94.00 Million | ▲ +0.0 pp |
| 2013 | 100.0% | RM76.00 Million | RM0.00 | RM85.00 Million | ▲ +0.0 pp |
| 2012 | 100.0% | RM71.00 Million | RM0.00 | RM78.00 Million | — |