Shin Yang Shipping Corporation Bhd (5173) — Tangible Net Worth Ratio
Shin Yang Shipping Corporation Bhd (5173) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM1.63 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 5173 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
Shin Yang Shipping Corporation Bhd Tangible Net Worth Ratio (2012–2025)
This chart shows how Shin Yang Shipping Corporation Bhd's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of RM1.63 Billion with intangible assets of RM0.00 MYR. For live market cap and overall valuation, see Shin Yang Shipping Corporation Bhd market cap and net worth.
Annual Tangible Net Worth Ratio for Shin Yang Shipping Corporation Bhd (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Shin Yang Shipping Corporation 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. Explore capital reinvestment ratio of Shin Yang Shipping Corporation Bhd 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 | 100.0% | RM1.51 Billion | RM140.35K | RM2.01 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | RM1.30 Billion | RM155.95K | RM1.61 Billion | ▼ 0.0 pp |
| 2023 | 100.0% | RM1.23 Billion | RM0.00 | RM1.57 Billion | ▲ +0.2 pp |
| 2022 | 99.8% | RM1.06 Billion | RM2.06 Million | RM1.49 Billion | ▲ +0.0 pp |
| 2021 | 99.8% | RM928.19 Million | RM2.07 Million | RM1.38 Billion | ▼ -0.2 pp |
| 2020 | 100.0% | RM911.27 Million | RM0.00 | RM1.41 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | RM1.07 Billion | RM0.00 | RM1.64 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | RM1.17 Billion | RM0.00 | RM1.71 Billion | ▲ +0.2 pp |
| 2017 | 99.8% | RM1.16 Billion | RM2.06 Million | RM1.79 Billion | ▲ +0.0 pp |
| 2016 | 99.8% | RM1.15 Billion | RM2.07 Million | RM1.95 Billion | ▼ -0.2 pp |
| 2015 | 100.0% | RM1.16 Billion | RM0.00 | RM2.14 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | RM1.13 Billion | RM0.00 | RM2.33 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | RM1.12 Billion | RM0.00 | RM2.49 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | RM1.13 Billion | RM0.00 | RM2.19 Billion | — |