Tes Touch Embedded Solutions (003019) — Tangible Net Worth Ratio

Latest as of September 2025: 97.8%

Tes Touch Embedded Solutions (003019) has a Tangible Net Worth Ratio of 97.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥38.07 Million) from net assets (CN¥1.74 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 003019 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

97.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.74 Billion
CNY

Intangible Assets

CN¥38.07 Million
Goodwill, patents, brand value

Total Assets

CN¥2.85 Billion
CNY

Tes Touch Embedded Solutions Tangible Net Worth Ratio (2016–2024)

This chart shows how Tes Touch Embedded Solutions's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 97.8%, reflecting net assets of CN¥1.74 Billion with intangible assets of CN¥38.07 Million CNY. See 003019 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Tes Touch Embedded Solutions (2016–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Tes Touch Embedded Solutions from 2016 to 2024, covering 9 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 how much is Tes Touch Embedded Solutions worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 97.6% CN¥1.61 Billion CN¥38.41 Million CN¥2.48 Billion ▼ -2.1 pp
2023 99.7% CN¥1.60 Billion CN¥5.42 Million CN¥1.97 Billion ▼ -0.1 pp
2022 99.7% CN¥1.52 Billion CN¥4.21 Million CN¥1.85 Billion ▲ +0.1 pp
2021 99.7% CN¥1.31 Billion CN¥4.45 Million CN¥1.88 Billion ▲ +0.1 pp
2020 99.6% CN¥1.21 Billion CN¥4.91 Million CN¥1.49 Billion ▲ +0.8 pp
2019 98.8% CN¥486.19 Million CN¥5.93 Million CN¥801.65 Million ▼ -0.2 pp
2018 98.9% CN¥397.17 Million CN¥4.21 Million CN¥687.98 Million ▼ -0.2 pp
2017 99.2% CN¥316.00 Million CN¥2.56 Million CN¥529.95 Million ▼ -0.3 pp
2016 99.5% CN¥248.99 Million CN¥1.33 Million CN¥503.52 Million
pp = percentage points