Beijing Kaiwen Education Technology Co Ltd (002659) — Tangible Net Worth Ratio
Beijing Kaiwen Education Technology Co Ltd (002659) has a Tangible Net Worth Ratio of 99.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥16.00 Million) from net assets (CN¥2.16 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 002659 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Beijing Kaiwen Education Technology Co Ltd Tangible Net Worth Ratio (2008–2025)
This chart shows how Beijing Kaiwen Education Technology Co Ltd's Tangible Net Worth Ratio has changed across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 99.3%, reflecting net assets of CN¥2.16 Billion with intangible assets of CN¥16.00 Million CNY. See Beijing Kaiwen Education Technology Co L defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Beijing Kaiwen Education Technology Co Ltd (2008–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Beijing Kaiwen Education Technology Co Ltd from 2008 to 2025, covering 18 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 002659 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.3% | CN¥2.16 Billion | CN¥16.12 Million | CN¥2.97 Billion | ▲ +0.4 pp |
| 2024 | 98.8% | CN¥2.17 Billion | CN¥25.68 Million | CN¥3.11 Billion | ▲ +0.0 pp |
| 2023 | 98.8% | CN¥2.20 Billion | CN¥27.09 Million | CN¥3.11 Billion | ▲ +3.8 pp |
| 2022 | 95.0% | CN¥2.25 Billion | CN¥113.04 Million | CN¥3.24 Billion | ▲ +29.4 pp |
| 2021 | 65.5% | CN¥2.34 Billion | CN¥808.01 Million | CN¥3.48 Billion | ▼ -1.1 pp |
| 2020 | 66.7% | CN¥2.48 Billion | CN¥826.62 Million | CN¥4.11 Billion | ▲ +6.0 pp |
| 2019 | 60.7% | CN¥2.15 Billion | CN¥845.44 Million | CN¥3.70 Billion | ▲ +4.5 pp |
| 2018 | 56.2% | CN¥2.12 Billion | CN¥925.50 Million | CN¥3.81 Billion | ▼ -0.5 pp |
| 2017 | 56.8% | CN¥2.21 Billion | CN¥956.25 Million | CN¥3.15 Billion | ▼ -23.2 pp |
| 2016 | 79.9% | CN¥2.49 Billion | CN¥499.71 Million | CN¥3.80 Billion | ▼ -14.0 pp |
| 2015 | 94.0% | CN¥863.53 Million | CN¥52.11 Million | CN¥2.56 Billion | ▲ +2.4 pp |
| 2014 | 91.6% | CN¥636.63 Million | CN¥53.39 Million | CN¥1.96 Billion | ▲ +0.4 pp |
| 2013 | 91.2% | CN¥625.39 Million | CN¥54.72 Million | CN¥1.66 Billion | ▼ -2.7 pp |
| 2012 | 93.9% | CN¥700.16 Million | CN¥42.59 Million | CN¥1.78 Billion | ▲ +8.2 pp |
| 2011 | 85.7% | CN¥303.56 Million | CN¥43.30 Million | CN¥1.13 Billion | ▲ +3.2 pp |
| 2010 | 82.5% | CN¥253.07 Million | CN¥44.21 Million | CN¥937.35 Million | ▼ -3.1 pp |
| 2009 | 85.6% | CN¥220.81 Million | CN¥31.78 Million | CN¥737.59 Million | ▼ -1.6 pp |
| 2008 | 87.2% | CN¥181.56 Million | CN¥23.19 Million | CN¥637.24 Million | — |