MESB Bhd (7234) — Tangible Net Worth Ratio
MESB Bhd (7234) has a Tangible Net Worth Ratio of 99.7% as of March 2026. This metric is calculated by deducting intangible assets (RM605.00K) from net assets (RM240.90 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 MESB Bhd shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MESB Bhd Tangible Net Worth Ratio (2013–2025)
This chart shows how MESB Bhd's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 99.7%, reflecting net assets of RM240.90 Million with intangible assets of RM605.00K MYR. Also explore MESB Bhd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for MESB Bhd (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for MESB Bhd from 2013 to 2025, covering 13 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 7234 company net worth.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.6% | RM165.55 Million | RM657.00K | RM195.54 Million | ▲ +0.1 pp |
| 2024 | 99.5% | RM159.12 Million | RM846.00K | RM179.96 Million | ▲ +0.2 pp |
| 2023 | 99.3% | RM106.79 Million | RM796.00K | RM174.40 Million | ▲ +0.1 pp |
| 2022 | 99.1% | RM90.32 Million | RM795.00K | RM150.76 Million | ▼ -0.9 pp |
| 2021 | 100.0% | RM81.84 Million | RM0.00 | RM147.18 Million | ▲ +0.0 pp |
| 2020 | 100.0% | RM69.14 Million | RM0.00 | RM132.96 Million | ▲ +27.4 pp |
| 2019 | 72.6% | RM92.01 Million | RM25.17 Million | RM157.84 Million | ▲ +2.4 pp |
| 2018 | 70.2% | RM84.48 Million | RM25.17 Million | RM129.63 Million | ▲ +1.2 pp |
| 2017 | 69.1% | RM81.33 Million | RM25.17 Million | RM133.39 Million | ▼ -0.3 pp |
| 2016 | 69.4% | RM83.95 Million | RM25.69 Million | RM130.26 Million | ▼ -30.6 pp |
| 2015 | 100.0% | RM83.00 Million | RM0.00 | RM107.00 Million | ▲ +0.0 pp |
| 2014 | 100.0% | RM82.00 Million | RM0.00 | RM103.00 Million | ▲ +0.0 pp |
| 2013 | 100.0% | RM67.00 Million | RM0.00 | RM98.00 Million | — |