Kangyue Technology Co Ltd (300391) — Tangible Net Worth Ratio

Latest as of September 2024: 86.8%

Kangyue Technology Co Ltd (300391) has a Tangible Net Worth Ratio of 86.8% as of September 2024. This metric is calculated by deducting intangible assets (CN¥97.20 Million) from net assets (CN¥737.22 Million) 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 working capital to net assets of Kangyue Technology Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

86.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥737.22 Million
CNY

Intangible Assets

CN¥97.20 Million
Goodwill, patents, brand value

Total Assets

CN¥3.09 Billion
CNY

Kangyue Technology Co Ltd Tangible Net Worth Ratio (2009–2023)

This chart shows how Kangyue Technology Co Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2009 to 2023. As of September 2024, the ratio stands at 86.8%, reflecting net assets of CN¥737.22 Million with intangible assets of CN¥97.20 Million CNY. See how many days can Kangyue Technology Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Kangyue Technology Co Ltd (2009–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Kangyue Technology Co Ltd from 2009 to 2023, 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. For the full company profile including market capitalisation, see 300391 market cap overview.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2023 90.3% CN¥1.02 Billion CN¥99.18 Million CN¥3.45 Billion ▼ -7.2 pp
2022 97.5% CN¥1.66 Billion CN¥41.74 Million CN¥3.58 Billion ▲ +1.4 pp
2021 96.1% CN¥1.61 Billion CN¥62.67 Million CN¥4.21 Billion ▲ +1.1 pp
2020 95.0% CN¥1.45 Billion CN¥72.90 Million CN¥4.68 Billion ▲ +3.5 pp
2019 91.5% CN¥751.95 Million CN¥63.88 Million CN¥1.52 Billion ▼ -3.5 pp
2018 95.0% CN¥1.43 Billion CN¥72.07 Million CN¥2.08 Billion ▲ +3.5 pp
2017 91.4% CN¥933.89 Million CN¥79.99 Million CN¥1.97 Billion ▲ +3.0 pp
2016 88.5% CN¥362.88 Million CN¥41.82 Million CN¥748.11 Million ▼ -0.9 pp
2015 89.4% CN¥363.91 Million CN¥38.59 Million CN¥694.64 Million ▼ -0.7 pp
2014 90.1% CN¥364.71 Million CN¥36.05 Million CN¥681.85 Million ▲ +1.4 pp
2013 88.8% CN¥197.50 Million CN¥22.20 Million CN¥562.92 Million ▼ -5.8 pp
2012 94.6% CN¥172.54 Million CN¥9.37 Million CN¥407.28 Million ▲ +1.2 pp
2011 93.4% CN¥144.57 Million CN¥9.60 Million CN¥329.72 Million ▲ +2.3 pp
2010 91.0% CN¥117.43 Million CN¥10.54 Million CN¥278.04 Million ▲ +0.7 pp
2009 90.4% CN¥70.62 Million CN¥6.80 Million CN¥228.17 Million
pp = percentage points