Pelikan International Corp (5231) — Tangible Net Worth Ratio

Latest as of December 2025: 100.0%

Pelikan International Corp (5231) 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 (RM61.18 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 how liquid is Pelikan International Corp's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

RM61.18 Million
MYR

Intangible Assets

RM0.00
Goodwill, patents, brand value

Total Assets

RM137.20 Million
MYR

Pelikan International Corp Tangible Net Worth Ratio (2006–2025)

This chart shows how Pelikan International Corp's Tangible Net Worth Ratio has changed across 20 annual periods from 2006 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of RM61.18 Million with intangible assets of RM0.00 MYR. See Pelikan International Corp (5231) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Pelikan International Corp (2006–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Pelikan International Corp from 2006 to 2025, covering 20 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 value of Pelikan International Corp.

Year Tangible NW Ratio Net Assets (MYR) Intangible Assets Total Assets Change (pp)
2025 100.0% RM61.18 Million RM0.00 RM137.20 Million ▲ +0.0 pp
2024 100.0% RM61.26 Million RM0.00 RM143.76 Million ▲ +0.0 pp
2023 100.0% RM540.18 Million RM0.00 RM645.59 Million ▲ +3.9 pp
2022 96.1% RM519.38 Million RM20.36 Million RM1.19 Billion ▲ +1.2 pp
2021 94.9% RM428.02 Million RM21.90 Million RM1.26 Billion ▲ +29.5 pp
2020 65.4% RM462.52 Million RM160.06 Million RM1.35 Billion ▲ +0.0 pp
2019 65.4% RM443.28 Million RM153.40 Million RM1.34 Billion ▼ -29.0 pp
2018 94.4% RM438.57 Million RM24.53 Million RM1.36 Billion ▲ +0.2 pp
2017 94.2% RM446.84 Million RM25.77 Million RM1.46 Billion ▲ +0.2 pp
2016 94.1% RM420.71 Million RM24.91 Million RM1.51 Billion ▲ +0.0 pp
2015 94.1% RM463.46 Million RM27.52 Million RM1.54 Billion ▼ -0.4 pp
2014 94.4% RM490.85 Million RM27.28 Million RM1.44 Billion ▲ +0.5 pp
2013 94.0% RM552.16 Million RM33.34 Million RM1.51 Billion ▼ -0.3 pp
2012 94.2% RM551.38 Million RM31.92 Million RM1.59 Billion ▲ +54.0 pp
2011 40.2% RM679.84 Million RM406.43 Million RM1.79 Billion ▼ -12.8 pp
2010 53.0% RM840.31 Million RM395.02 Million RM1.91 Billion ▲ +5.6 pp
2009 47.4% RM603.14 Million RM317.34 Million RM1.52 Billion ▲ +2.8 pp
2008 44.6% RM562.80 Million RM311.89 Million RM1.50 Billion ▲ +8.1 pp
2007 36.5% RM509.51 Million RM323.58 Million RM1.56 Billion ▼ -20.3 pp
2006 56.8% RM433.24 Million RM187.05 Million RM1.09 Billion
pp = percentage points