MI Technovation Bhd (5286) — Tangible Net Worth Ratio
MI Technovation Bhd (5286) has a Tangible Net Worth Ratio of 93.6% as of September 2025. This metric is calculated by deducting intangible assets (RM69.66 Million) from net assets (RM1.08 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. See MI Technovation Bhd shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MI Technovation Bhd Tangible Net Worth Ratio (2015–2024)
This chart shows how MI Technovation Bhd's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 93.6%, reflecting net assets of RM1.08 Billion with intangible assets of RM69.66 Million MYR. Also explore net asset growth rate of MI Technovation Bhd to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for MI Technovation Bhd (2015–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for MI Technovation Bhd from 2015 to 2024, covering 10 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 MI Technovation Bhd.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 92.9% | RM1.03 Billion | RM72.84 Million | RM1.18 Billion | ▲ +0.2 pp |
| 2023 | 92.7% | RM1.07 Billion | RM78.35 Million | RM1.22 Billion | ▲ +0.8 pp |
| 2022 | 91.9% | RM1.05 Billion | RM84.44 Million | RM1.23 Billion | ▲ +0.7 pp |
| 2021 | 91.2% | RM1.03 Billion | RM90.06 Million | RM1.21 Billion | ▼ -6.6 pp |
| 2020 | 97.8% | RM388.28 Million | RM8.50 Million | RM440.61 Million | ▼ -1.4 pp |
| 2019 | 99.2% | RM379.77 Million | RM2.88 Million | RM430.12 Million | ▼ -0.8 pp |
| 2018 | 100.0% | RM330.85 Million | RM0.00 | RM378.92 Million | ▲ +0.0 pp |
| 2017 | 100.0% | RM310.57 Million | RM0.00 | RM342.44 Million | ▲ +0.0 pp |
| 2016 | 100.0% | RM69.04 Million | RM0.00 | RM88.76 Million | ▲ +0.0 pp |
| 2015 | 100.0% | RM60.90 Million | RM0.00 | RM97.52 Million | — |