TCTM Kids IT Education Inc. (VSA) — Tangible Net Worth Ratio

Latest as of March 2026: 49.9%

TCTM Kids IT Education Inc. (VSA) has a Tangible Net Worth Ratio of 49.9% as of March 2026. This metric is calculated by deducting intangible assets ($51.43 Million) from net assets ($102.74 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 VSA net assets growth trend to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

49.9%
Tangible equity / total equity

Net Assets (Equity)

$102.74 Million
USD

Intangible Assets

$51.43 Million
Goodwill, patents, brand value

Total Assets

$106.56 Million
USD

TCTM Kids IT Education Inc. Tangible Net Worth Ratio (2014–2025)

This chart shows how TCTM Kids IT Education Inc.'s Tangible Net Worth Ratio has changed across 6 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 49.9%, reflecting net assets of $102.74 Million with intangible assets of $51.43 Million USD. For live market cap and overall valuation, see VSA company net worth.

Annual Tangible Net Worth Ratio for TCTM Kids IT Education Inc. (2014–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for TCTM Kids IT Education Inc. from 2014 to 2025, covering 6 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 VSA capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 49.9% $102.74 Million $51.43 Million $106.56 Million ▼ -46.7 pp
2018 96.7% $571.64 Million $19.05 Million $1.88 Billion ▼ -3.0 pp
2017 99.6% $1.27 Billion $4.75 Million $2.02 Billion ▼ -0.4 pp
2016 100.0% $1.60 Billion $0.00 $2.09 Billion ▲ +0.0 pp
2015 100.0% $1.34 Billion $0.00 $1.65 Billion ▲ +0.0 pp
2014 100.0% $1.13 Billion $0.00 $1.35 Billion
pp = percentage points