Shandong Shanda Wit Science and Technology Co Ltd (000915) — Tangible Net Worth Ratio

Latest as of September 2025: 95.5%

Shandong Shanda Wit Science and Technology Co Ltd (000915) has a Tangible Net Worth Ratio of 95.5% as of September 2025. This metric is calculated by deducting intangible assets (CN¥188.15 Million) from net assets (CN¥4.21 Billion) 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 000915 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥4.21 Billion
CNY

Intangible Assets

CN¥188.15 Million
Goodwill, patents, brand value

Total Assets

CN¥4.78 Billion
CNY

Shandong Shanda Wit Science and Technology Co Ltd Tangible Net Worth Ratio (1996–2024)

This chart shows how Shandong Shanda Wit Science and Technology Co Ltd's Tangible Net Worth Ratio has changed across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 95.5%, reflecting net assets of CN¥4.21 Billion with intangible assets of CN¥188.15 Million CNY. See Shandong Shanda Wit Science and Technolo defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shandong Shanda Wit Science and Technology Co Ltd (1996–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shandong Shanda Wit Science and Technology Co Ltd from 1996 to 2024, covering 29 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 000915 market cap overview.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 96.3% CN¥4.41 Billion CN¥165.41 Million CN¥4.93 Billion ▲ +0.1 pp
2023 96.1% CN¥4.50 Billion CN¥174.22 Million CN¥5.20 Billion ▲ +0.6 pp
2022 95.6% CN¥4.06 Billion CN¥180.64 Million CN¥4.69 Billion ▲ +0.9 pp
2021 94.7% CN¥3.40 Billion CN¥180.55 Million CN¥3.94 Billion ▲ +0.3 pp
2020 94.4% CN¥2.94 Billion CN¥163.39 Million CN¥3.69 Billion ▲ +1.7 pp
2019 92.7% CN¥2.57 Billion CN¥186.31 Million CN¥3.15 Billion ▲ +0.7 pp
2018 92.0% CN¥2.34 Billion CN¥186.82 Million CN¥2.90 Billion ▼ -3.1 pp
2017 95.1% CN¥2.22 Billion CN¥108.34 Million CN¥2.78 Billion ▲ +3.9 pp
2016 91.3% CN¥1.95 Billion CN¥170.32 Million CN¥2.48 Billion ▲ +1.9 pp
2015 89.4% CN¥1.68 Billion CN¥178.35 Million CN¥2.08 Billion ▼ -0.1 pp
2014 89.5% CN¥1.48 Billion CN¥156.37 Million CN¥1.95 Billion ▲ +3.3 pp
2013 86.2% CN¥1.16 Billion CN¥160.15 Million CN¥1.59 Billion ▲ +3.0 pp
2012 83.2% CN¥946.05 Million CN¥159.01 Million CN¥1.34 Billion ▲ +4.7 pp
2011 78.5% CN¥769.24 Million CN¥165.44 Million CN¥1.16 Billion ▲ +7.8 pp
2010 70.7% CN¥649.52 Million CN¥190.28 Million CN¥1.14 Billion ▲ +3.7 pp
2009 67.0% CN¥526.71 Million CN¥173.97 Million CN¥1.11 Billion ▲ +8.5 pp
2008 58.5% CN¥443.06 Million CN¥184.05 Million CN¥1.04 Billion ▲ +7.6 pp
2007 50.9% CN¥393.55 Million CN¥193.43 Million CN¥993.28 Million ▲ +3.9 pp
2006 46.9% CN¥363.40 Million CN¥192.87 Million CN¥934.10 Million ▲ +4.3 pp
2005 42.6% CN¥343.51 Million CN¥197.05 Million CN¥952.21 Million ▼ -15.4 pp
2004 58.1% CN¥310.43 Million CN¥130.16 Million CN¥755.44 Million ▲ +3.6 pp
2003 54.4% CN¥299.64 Million CN¥136.52 Million CN¥715.07 Million ▲ +4.2 pp
2002 50.3% CN¥253.39 Million CN¥126.04 Million CN¥561.43 Million ▼ -35.9 pp
2001 86.2% CN¥245.49 Million CN¥33.92 Million CN¥484.25 Million ▼ -12.4 pp
2000 98.6% CN¥258.69 Million CN¥3.59 Million CN¥399.55 Million ▼ -0.9 pp
1999 99.6% CN¥262.99 Million CN¥1.18 Million CN¥370.30 Million ▼ -0.4 pp
1998 100.0% CN¥122.61 Million CN¥0.00 CN¥238.93 Million ▲ +0.0 pp
1997 100.0% CN¥102.78 Million CN¥0.00 CN¥221.46 Million ▲ +0.0 pp
1996 100.0% CN¥78.86 Million CN¥0.00 CN¥194.64 Million
pp = percentage points