What is the equity of Top Glove Corporation Bhd this year?
Top Glove Corporation Bhd has equity of 5.89 B MYR this year.
Top Glove Corporation Bhd Equity 2024
Top Glove Corporation Bhd Equity
5.89 B MYR
Ticker
TOPGLOV.KL
ISIN
MYL7113OO003
WKN
358038
In 2024, Top Glove Corporation Bhd's equity was 5.89 B MYR, a -12.8% increase from the 6.75 B MYR equity in the previous year.
Top Glove Corporation Bhd Aktienanalyse
What does Top Glove Corporation Bhd do?
The Top Glove Corporation Bhd is a Malaysian company specializing in the production of gloves. It was founded in 1991 by Tan Sri Lim Wee Chai and is headquartered in Klang, Selangor. Since its inception, Top Glove has become a leading manufacturer of medical and industrial gloves and is now the world's largest glove manufacturer. The business model of Top Glove is based on the production and sale of gloves. The company is divided into two main segments: Medical gloves and industrial gloves. Medical gloves include disposable gloves used in hospitals, pharmacies, and other medical facilities. Industrial gloves are mainly used in manufacturing, food processing, and other industries. Top Glove's product range includes latex gloves, nitrile gloves, and vinyl gloves in various sizes and colors. Top Glove is divided into three main regions: Malaysia, Thailand, and China. The company operates seventeen factories in Malaysia, five in Thailand, and two in China. It also has sales offices in the USA and Europe. With a production capacity of over 70 billion gloves per year, Top Glove is the largest manufacturer of medical and industrial gloves worldwide. The history of Top Glove began in 1991 with the founding of Top Glove Sdn Bhd in Malaysia. The company established its first factory in Klang, Selangor, and started producing latex gloves. In 1993, Top Glove acquired the brand "Top Glove," which is now globally recognized. In the following years, the company opened more factories and expanded its product range to include nitrile gloves and vinyl gloves. In 2000, Top Glove was listed on the Malaysian stock exchange, and in 2001, the company opened its first factory in Thailand. In 2006, Top Glove acquired a factory in China, and in 2009, the company opened its first sales office in the USA. In the following years, the company continued to expand and open new factories in Malaysia, Thailand, and China. In 2020, Top Glove gained even more attention due to the COVID-19 pandemic, as it is one of the main suppliers of gloves to the medical sector. However, the company has also faced criticism for past allegations of human rights violations against its foreign workers. Overall, Top Glove is a significant player in the market for medical and industrial gloves. The company has an impressive success story and is well positioned to continue playing a leading role in the industry. Top Glove Corporation Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Top Glove Corporation Bhd's Equity
Top Glove Corporation Bhd's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Top Glove Corporation Bhd's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Top Glove Corporation Bhd's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Top Glove Corporation Bhd's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Top Glove Corporation Bhd’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Top Glove Corporation Bhd stock
What was the equity of Top Glove Corporation Bhd compared to the previous year?
The equity of Top Glove Corporation Bhd has increased/decreased by -12.8% decreased compared to the previous year.
What impact does a high equity have on investors of Top Glove Corporation Bhd?
A high equity is advantageous for investors of Top Glove Corporation Bhd as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Top Glove Corporation Bhd?
A low equity can be a risk for investors of Top Glove Corporation Bhd, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Top Glove Corporation Bhd affect the company?
An increase in equity of Top Glove Corporation Bhd can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Top Glove Corporation Bhd affect the company?
A reduction in equity of Top Glove Corporation Bhd can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Top Glove Corporation Bhd?
Some factors that can affect the equity of Top Glove Corporation Bhd include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Top Glove Corporation Bhd so important for investors?
The equity of Top Glove Corporation Bhd is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Top Glove Corporation Bhd take to change the equity?
To change equity, Top Glove Corporation Bhd can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Top Glove Corporation Bhd pay?
Over the past 12 months, Top Glove Corporation Bhd paid a dividend of 0.43 MYR . This corresponds to a dividend yield of about 35.75 %. For the coming 12 months, Top Glove Corporation Bhd is expected to pay a dividend of 0 MYR.
What is the dividend yield of Top Glove Corporation Bhd?
The current dividend yield of Top Glove Corporation Bhd is 35.75 %.
When does Top Glove Corporation Bhd pay dividends?
Top Glove Corporation Bhd pays a quarterly dividend. This is distributed in the months of April, July, November, January.
How secure is the dividend of Top Glove Corporation Bhd?
Top Glove Corporation Bhd paid dividends every year for the past 3 years.
What is the dividend of Top Glove Corporation Bhd?
For the upcoming 12 months, dividends amounting to 0 MYR are expected. This corresponds to a dividend yield of 0 %.
In which sector is Top Glove Corporation Bhd located?
Top Glove Corporation Bhd is assigned to the 'Health' sector.
Wann musste ich die Aktien von Top Glove Corporation Bhd kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Top Glove Corporation Bhd from 1/10/2022 amounting to 0.012 MYR, you needed to have the stock in your portfolio before the ex-date on 12/24/2021.
When did Top Glove Corporation Bhd pay the last dividend?
The last dividend was paid out on 1/10/2022.
What was the dividend of Top Glove Corporation Bhd in the year 2023?
In the year 2023, Top Glove Corporation Bhd distributed 0 MYR as dividends.
In which currency does Top Glove Corporation Bhd pay out the dividend?
The dividends of Top Glove Corporation Bhd are distributed in MYR.
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Andere Kennzahlen von Top Glove Corporation Bhd
Our stock analysis for Top Glove Corporation Bhd Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Top Glove Corporation Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Top Glove Corporation Bhd Revenue
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- Top Glove Corporation Bhd P/E
- Top Glove Corporation Bhd P/S
- Top Glove Corporation Bhd EBIT
- Top Glove Corporation Bhd Dividend
- Top Glove Corporation Bhd Stocks
- Top Glove Corporation Bhd Market capitalization
- Top Glove Corporation Bhd Debt
- Top Glove Corporation Bhd Liabilities
- Top Glove Corporation Bhd Equity
- Top Glove Corporation Bhd AAQS
- Top Glove Corporation Bhd Employees
- Top Glove Corporation Bhd ROE
- Top Glove Corporation Bhd ROA
- Top Glove Corporation Bhd ROCE
