Bytes Technology Ltd (BYIT) — Tangible Net Worth Ratio
Bytes Technology Ltd (BYIT) has a Tangible Net Worth Ratio of 88.9% as of February 2026. This metric is calculated by deducting intangible assets (GBX8.99 Million) from net assets (GBX81.12 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 BYIT net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Bytes Technology Ltd Tangible Net Worth Ratio (2018–2026)
This chart shows how Bytes Technology Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2018 to 2026. As of February 2026, the ratio stands at 88.9%, reflecting net assets of GBX81.12 Million with intangible assets of GBX8.99 Million GBX. For live market cap and overall valuation, see BYIT market cap overview.
Annual Tangible Net Worth Ratio for Bytes Technology Ltd (2018–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Bytes Technology Ltd from 2018 to 2026, covering 11 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 Bytes Technology Ltd capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 88.9% | GBX81.12 Million | GBX8.99 Million | GBX474.13 Million | ▼ -5.0 pp |
| 2025 | 93.9% | GBX98.04 Million | GBX5.98 Million | GBX455.23 Million | ▼ -2.1 pp |
| 2024 | 96.0% | GBX78.34 Million | GBX3.15 Million | GBX379.72 Million | ▲ +0.0 pp |
| 2024 | 96.0% | GBX78.34 Million | GBX3.15 Million | GBX379.72 Million | ▲ +63.5 pp |
| 2023 | 32.5% | GBX61.50 Million | GBX41.53 Million | GBX320.77 Million | ▲ +22.5 pp |
| 2022 | 10.0% | GBX47.57 Million | GBX42.83 Million | GBX283.57 Million | ▲ +175.3 pp |
| 2021 | -165.4% | GBX16.75 Million | GBX44.44 Million | GBX189.55 Million | ▼ -178.1 pp |
| 2020 | 12.7% | GBX52.78 Million | GBX46.05 Million | GBX187.19 Million | ▲ +0.0 pp |
| 2020 | 12.7% | GBX52.78 Million | GBX46.05 Million | GBX187.19 Million | ▼ -63.1 pp |
| 2019 | 75.9% | GBX42.15 Million | GBX10.17 Million | GBX144.97 Million | ▲ +10.9 pp |
| 2018 | 65.0% | GBX33.62 Million | GBX11.78 Million | GBX115.83 Million | — |