BEST Inc (BEST) — Tangible Net Worth Ratio
BEST Inc (BEST) has a Tangible Net Worth Ratio of 55.6% as of September 2023. This metric is calculated by deducting intangible assets ($88.54 Million) from net assets ($199.31 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 BEST Inc equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
BEST Inc Tangible Net Worth Ratio (2017–2022)
This chart shows how BEST Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2017 to 2022. As of September 2023, the ratio stands at 55.6%, reflecting net assets of $199.31 Million with intangible assets of $88.54 Million USD. For live market cap and overall valuation, see BEST Inc market capitalisation.
Annual Tangible Net Worth Ratio for BEST Inc (2017–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for BEST Inc from 2017 to 2022, 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 BEST Inc capex to 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) |
|---|---|---|---|---|---|
| 2022 | 90.6% | $803.75 Million | $75.55 Million | $7.81 Billion | ▼ -6.9 pp |
| 2021 | 97.5% | $2.22 Billion | $55.68 Million | $11.31 Billion | ▼ -1.8 pp |
| 2020 | 99.3% | $1.72 Billion | $12.20 Million | $19.83 Billion | ▲ +2.4 pp |
| 2019 | 96.9% | $3.92 Billion | $121.59 Million | $19.49 Billion | ▲ +0.4 pp |
| 2018 | 96.5% | $4.14 Billion | $143.81 Million | $12.37 Billion | ▲ +0.1 pp |
| 2017 | 96.4% | $4.39 Billion | $158.56 Million | $10.88 Billion | — |