Ningbo Kangqiang Electronics Co Ltd (002119) — Tangible Net Worth Ratio

Latest as of March 2026: 95.3%

Ningbo Kangqiang Electronics Co Ltd (002119) has a Tangible Net Worth Ratio of 95.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥65.78 Million) from net assets (CN¥1.41 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 002119 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.3%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.41 Billion
CNY

Intangible Assets

CN¥65.78 Million
Goodwill, patents, brand value

Total Assets

CN¥2.82 Billion
CNY

Ningbo Kangqiang Electronics Co Ltd Tangible Net Worth Ratio (2003–2025)

This chart shows how Ningbo Kangqiang Electronics Co Ltd's Tangible Net Worth Ratio has changed across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 95.3%, reflecting net assets of CN¥1.41 Billion with intangible assets of CN¥65.78 Million CNY. See Ningbo Kangqiang Electronics Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Ningbo Kangqiang Electronics Co Ltd (2003–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Ningbo Kangqiang Electronics Co Ltd from 2003 to 2025, covering 23 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 Ningbo Kangqiang Electronics Co Ltd market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 95.2% CN¥1.37 Billion CN¥66.26 Million CN¥2.61 Billion ▼ -0.5 pp
2024 95.7% CN¥1.37 Billion CN¥59.36 Million CN¥2.34 Billion ▲ +0.3 pp
2023 95.3% CN¥1.30 Billion CN¥60.33 Million CN¥2.32 Billion ▲ +0.4 pp
2022 94.9% CN¥1.23 Billion CN¥62.02 Million CN¥1.91 Billion ▲ +0.9 pp
2021 94.0% CN¥1.14 Billion CN¥68.23 Million CN¥2.13 Billion ▲ +1.6 pp
2020 92.5% CN¥971.20 Million CN¥73.13 Million CN¥1.83 Billion ▲ +0.7 pp
2019 91.7% CN¥892.65 Million CN¥73.88 Million CN¥1.81 Billion ▲ +1.9 pp
2018 89.9% CN¥809.71 Million CN¥82.04 Million CN¥1.68 Billion ▲ +2.6 pp
2017 87.3% CN¥808.58 Million CN¥102.97 Million CN¥1.67 Billion ▲ +1.1 pp
2016 86.1% CN¥754.44 Million CN¥104.51 Million CN¥1.59 Billion ▲ +1.3 pp
2015 84.8% CN¥703.43 Million CN¥106.82 Million CN¥1.43 Billion ▼ -0.7 pp
2014 85.5% CN¥757.42 Million CN¥109.50 Million CN¥1.57 Billion ▲ +0.4 pp
2013 85.2% CN¥754.26 Million CN¥111.78 Million CN¥1.62 Billion ▲ +2.7 pp
2012 82.4% CN¥651.41 Million CN¥114.39 Million CN¥1.58 Billion ▲ +0.4 pp
2011 82.0% CN¥648.88 Million CN¥116.70 Million CN¥1.66 Billion ▼ -6.6 pp
2010 88.6% CN¥690.16 Million CN¥78.75 Million CN¥1.42 Billion ▲ +1.4 pp
2009 87.2% CN¥629.45 Million CN¥80.51 Million CN¥1.09 Billion ▲ +6.5 pp
2008 80.7% CN¥552.98 Million CN¥106.53 Million CN¥952.83 Million ▼ -18.7 pp
2007 99.4% CN¥556.45 Million CN¥3.36 Million CN¥969.89 Million ▲ +0.1 pp
2006 99.3% CN¥181.99 Million CN¥1.35 Million CN¥558.55 Million ▼ -0.1 pp
2005 99.3% CN¥161.26 Million CN¥1.08 Million CN¥448.19 Million ▲ +0.2 pp
2004 99.2% CN¥128.50 Million CN¥1.08 Million CN¥356.59 Million ▲ +0.2 pp
2003 99.0% CN¥107.85 Million CN¥1.09 Million CN¥312.11 Million
pp = percentage points