Kennede Electronics MFG Co Ltd (002723) — Tangible Net Worth Ratio
Kennede Electronics MFG Co Ltd (002723) has a Tangible Net Worth Ratio of 95.3% as of June 2025. This metric is calculated by deducting intangible assets (CN¥48.21 Million) from net assets (CN¥1.02 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. Also explore Kennede Electronics MFG Co Ltd (002723) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Kennede Electronics MFG Co Ltd Tangible Net Worth Ratio (2010–2024)
This chart shows how Kennede Electronics MFG Co Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2010 to 2024. As of June 2025, the ratio stands at 95.3%, reflecting net assets of CN¥1.02 Billion with intangible assets of CN¥48.21 Million CNY. For live market cap and overall valuation, see Kennede Electronics MFG Co Ltd (002723) total market value.
Annual Tangible Net Worth Ratio for Kennede Electronics MFG Co Ltd (2010–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Kennede Electronics MFG Co Ltd from 2010 to 2024, covering 15 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 Kennede Electronics MFG Co Ltd (002723) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 95.4% | CN¥1.05 Billion | CN¥48.86 Million | CN¥2.72 Billion | ▼ -0.8 pp |
| 2023 | 96.1% | CN¥1.27 Billion | CN¥49.26 Million | CN¥2.86 Billion | ▲ +0.2 pp |
| 2022 | 95.9% | CN¥1.24 Billion | CN¥50.85 Million | CN¥2.67 Billion | ▲ +0.0 pp |
| 2021 | 95.9% | CN¥1.22 Billion | CN¥50.12 Million | CN¥2.19 Billion | ▲ +3.9 pp |
| 2020 | 92.0% | CN¥637.94 Million | CN¥50.77 Million | CN¥1.49 Billion | ▲ +0.6 pp |
| 2019 | 91.4% | CN¥605.18 Million | CN¥51.82 Million | CN¥1.24 Billion | ▲ +0.6 pp |
| 2018 | 90.8% | CN¥582.24 Million | CN¥53.37 Million | CN¥991.15 Million | ▼ -0.8 pp |
| 2017 | 91.6% | CN¥653.89 Million | CN¥54.99 Million | CN¥1.04 Billion | ▲ +0.4 pp |
| 2016 | 91.2% | CN¥641.50 Million | CN¥56.63 Million | CN¥1.05 Billion | ▼ 0.0 pp |
| 2015 | 91.2% | CN¥655.30 Million | CN¥57.58 Million | CN¥982.05 Million | ▲ +0.7 pp |
| 2014 | 90.6% | CN¥620.22 Million | CN¥58.60 Million | CN¥806.29 Million | ▼ -9.1 pp |
| 2013 | 99.7% | CN¥350.32 Million | CN¥1.17 Million | CN¥601.14 Million | ▼ -0.1 pp |
| 2012 | 99.8% | CN¥309.92 Million | CN¥747.00K | CN¥527.73 Million | ▲ +0.1 pp |
| 2011 | 99.7% | CN¥247.92 Million | CN¥796.00K | CN¥384.84 Million | ▲ +26.3 pp |
| 2010 | 73.4% | CN¥192.38 Million | CN¥51.19 Million | CN¥364.27 Million | — |