Guangdong Dowstone Technology Co Ltd (300409) — Tangible Net Worth Ratio
Guangdong Dowstone Technology Co Ltd (300409) has a Tangible Net Worth Ratio of 94.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥490.11 Million) from net assets (CN¥8.46 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 how liquid is Guangdong Dowstone Technology Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Guangdong Dowstone Technology Co Ltd Tangible Net Worth Ratio (2011–2025)
This chart shows how Guangdong Dowstone Technology Co Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 94.2%, reflecting net assets of CN¥8.46 Billion with intangible assets of CN¥490.11 Million CNY. See defensive interval ratio of Guangdong Dowstone Technology Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Guangdong Dowstone Technology Co Ltd (2011–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Guangdong Dowstone Technology Co Ltd from 2011 to 2025, 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 how much is Guangdong Dowstone Technology Co Ltd worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.1% | CN¥8.37 Billion | CN¥494.49 Million | CN¥14.17 Billion | ▲ +1.4 pp |
| 2024 | 92.7% | CN¥7.38 Billion | CN¥538.67 Million | CN¥14.31 Billion | ▲ +0.5 pp |
| 2023 | 92.2% | CN¥7.10 Billion | CN¥555.24 Million | CN¥14.87 Billion | ▲ +1.0 pp |
| 2022 | 91.2% | CN¥6.37 Billion | CN¥560.03 Million | CN¥11.70 Billion | ▼ -0.9 pp |
| 2021 | 92.1% | CN¥4.61 Billion | CN¥364.17 Million | CN¥7.99 Billion | ▲ +0.0 pp |
| 2020 | 92.1% | CN¥2.49 Billion | CN¥197.20 Million | CN¥4.84 Billion | ▲ +1.4 pp |
| 2019 | 90.7% | CN¥2.47 Billion | CN¥231.04 Million | CN¥4.45 Billion | ▼ -0.2 pp |
| 2018 | 90.8% | CN¥2.37 Billion | CN¥217.50 Million | CN¥5.24 Billion | ▼ -0.9 pp |
| 2017 | 91.7% | CN¥1.85 Billion | CN¥153.18 Million | CN¥3.71 Billion | ▲ +1.4 pp |
| 2016 | 90.3% | CN¥1.22 Billion | CN¥118.24 Million | CN¥1.83 Billion | ▲ +2.7 pp |
| 2015 | 87.7% | CN¥591.83 Million | CN¥73.08 Million | CN¥1.07 Billion | ▼ -5.5 pp |
| 2014 | 93.2% | CN¥564.43 Million | CN¥38.38 Million | CN¥815.41 Million | ▲ +8.6 pp |
| 2013 | 84.6% | CN¥253.95 Million | CN¥39.22 Million | CN¥437.64 Million | ▼ -5.5 pp |
| 2012 | 90.0% | CN¥205.90 Million | CN¥20.49 Million | CN¥300.40 Million | ▲ +3.0 pp |
| 2011 | 87.1% | CN¥161.78 Million | CN¥20.90 Million | CN¥240.82 Million | — |