SMIS Corporation Bhd (7132) — Tangible Net Worth Ratio
SMIS Corporation Bhd (7132) has a Tangible Net Worth Ratio of 98.9% as of March 2026. This metric is calculated by deducting intangible assets (RM1.16 Million) from net assets (RM109.32 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 how fast is SMIS Corporation Bhd growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SMIS Corporation Bhd Tangible Net Worth Ratio (2012–2025)
This chart shows how SMIS 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 98.9%, reflecting net assets of RM109.32 Million with intangible assets of RM1.16 Million MYR. For live market cap and overall valuation, see SMIS Corporation Bhd market capitalisation.
Annual Tangible Net Worth Ratio for SMIS Corporation Bhd (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for SMIS 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 SMIS Corporation Bhd capital spending 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 | 98.5% | RM80.67 Million | RM1.21 Million | RM146.14 Million | ▲ +0.3 pp |
| 2024 | 98.2% | RM80.34 Million | RM1.45 Million | RM138.14 Million | ▲ +12.4 pp |
| 2023 | 85.8% | RM78.86 Million | RM11.22 Million | RM132.09 Million | ▲ +0.8 pp |
| 2022 | 85.0% | RM72.67 Million | RM10.92 Million | RM119.97 Million | ▲ +6.4 pp |
| 2021 | 78.6% | RM54.64 Million | RM11.68 Million | RM112.11 Million | ▼ -0.7 pp |
| 2020 | 79.3% | RM56.70 Million | RM11.75 Million | RM114.44 Million | ▼ -0.3 pp |
| 2019 | 79.6% | RM61.35 Million | RM12.52 Million | RM112.62 Million | ▲ +0.3 pp |
| 2018 | 79.3% | RM60.38 Million | RM12.49 Million | RM119.83 Million | ▼ -1.1 pp |
| 2017 | 80.4% | RM65.56 Million | RM12.82 Million | RM126.72 Million | ▼ -17.3 pp |
| 2016 | 97.8% | RM73.30 Million | RM1.62 Million | RM128.78 Million | ▼ -2.2 pp |
| 2015 | 100.0% | RM85.00 Million | RM0.00 | RM117.00 Million | ▲ +0.0 pp |
| 2014 | 100.0% | RM84.00 Million | RM0.00 | RM118.00 Million | ▲ +0.0 pp |
| 2013 | 100.0% | RM81.00 Million | RM0.00 | RM115.00 Million | ▲ +0.0 pp |
| 2012 | 100.0% | RM77.00 Million | RM0.00 | RM110.00 Million | — |