ITMAX System Berhad (5309) — Tangible Net Worth Ratio
ITMAX System Berhad (5309) has a Tangible Net Worth Ratio of 95.6% as of March 2026. This metric is calculated by deducting intangible assets (RM22.33 Million) from net assets (RM509.40 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 5309 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
ITMAX System Berhad Tangible Net Worth Ratio (2019–2025)
This chart shows how ITMAX System Berhad's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 95.6%, reflecting net assets of RM509.40 Million with intangible assets of RM22.33 Million MYR. For live market cap and overall valuation, see ITMAX System Berhad stock valuation.
Annual Tangible Net Worth Ratio for ITMAX System Berhad (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for ITMAX System Berhad from 2019 to 2025, covering 7 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 ITMAX System Berhad capex to cash flow ratio 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 | 95.5% | RM499.97 Million | RM22.64 Million | RM620.41 Million | ▼ -1.1 pp |
| 2024 | 96.5% | RM401.47 Million | RM13.93 Million | RM508.87 Million | ▼ -3.5 pp |
| 2023 | 100.0% | RM344.00 Million | RM15.00K | RM437.99 Million | ▲ +1.3 pp |
| 2022 | 98.7% | RM285.82 Million | RM3.84 Million | RM391.90 Million | ▲ +0.5 pp |
| 2021 | 98.2% | RM53.92 Million | RM971.00K | RM163.12 Million | ▲ +1.5 pp |
| 2020 | 96.7% | RM30.68 Million | RM1.03 Million | RM109.43 Million | ▼ -2.9 pp |
| 2019 | 99.6% | RM17.76 Million | RM74.00K | RM70.99 Million | — |