Hiconics Drive Tech Co (300048) — Tangible Net Worth Ratio
Hiconics Drive Tech Co (300048) has a Tangible Net Worth Ratio of 90.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥176.52 Million) from net assets (CN¥1.91 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 Hiconics Drive Tech Co equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hiconics Drive Tech Co Tangible Net Worth Ratio (2006–2024)
This chart shows how Hiconics Drive Tech Co's Tangible Net Worth Ratio has changed across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 90.8%, reflecting net assets of CN¥1.91 Billion with intangible assets of CN¥176.52 Million CNY. For live market cap and overall valuation, see 300048 market cap.
Annual Tangible Net Worth Ratio for Hiconics Drive Tech Co (2006–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Hiconics Drive Tech Co from 2006 to 2024, covering 19 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 Hiconics Drive Tech Co capex to cash flow 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 | 94.7% | CN¥1.76 Billion | CN¥93.80 Million | CN¥4.63 Billion | ▲ +1.2 pp |
| 2023 | 93.4% | CN¥1.72 Billion | CN¥113.01 Million | CN¥3.17 Billion | ▼ 0.0 pp |
| 2022 | 93.5% | CN¥1.90 Billion | CN¥124.47 Million | CN¥2.78 Billion | ▲ +1.4 pp |
| 2021 | 92.1% | CN¥1.83 Billion | CN¥144.17 Million | CN¥2.48 Billion | ▼ -0.8 pp |
| 2020 | 92.9% | CN¥1.64 Billion | CN¥116.08 Million | CN¥2.60 Billion | ▲ +0.7 pp |
| 2019 | 92.3% | CN¥2.33 Billion | CN¥179.90 Million | CN¥3.75 Billion | ▼ -0.1 pp |
| 2018 | 92.3% | CN¥2.34 Billion | CN¥179.29 Million | CN¥4.15 Billion | ▼ -0.9 pp |
| 2017 | 93.2% | CN¥2.64 Billion | CN¥179.36 Million | CN¥4.69 Billion | ▼ -1.0 pp |
| 2016 | 94.2% | CN¥2.66 Billion | CN¥153.54 Million | CN¥4.93 Billion | ▲ +1.4 pp |
| 2015 | 92.8% | CN¥2.50 Billion | CN¥178.89 Million | CN¥3.37 Billion | ▲ +0.2 pp |
| 2014 | 92.6% | CN¥1.68 Billion | CN¥124.07 Million | CN¥2.09 Billion | ▼ -1.4 pp |
| 2013 | 94.0% | CN¥1.51 Billion | CN¥90.71 Million | CN¥1.85 Billion | ▼ -1.1 pp |
| 2012 | 95.0% | CN¥1.51 Billion | CN¥74.87 Million | CN¥1.80 Billion | ▼ -1.0 pp |
| 2011 | 96.1% | CN¥1.47 Billion | CN¥57.63 Million | CN¥1.82 Billion | ▼ -2.8 pp |
| 2010 | 98.9% | CN¥1.34 Billion | CN¥14.86 Million | CN¥1.54 Billion | ▲ +2.3 pp |
| 2009 | 96.6% | CN¥229.12 Million | CN¥7.89 Million | CN¥409.03 Million | ▲ +6.4 pp |
| 2008 | 90.2% | CN¥82.24 Million | CN¥8.06 Million | CN¥240.00 Million | ▼ -9.8 pp |
| 2007 | 100.0% | CN¥43.91 Million | CN¥0.00 | CN¥105.10 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CN¥8.17 Million | CN¥0.00 | CN¥42.05 Million | — |