Sangfor Technologies Inc Class A (300454) — Tangible Net Worth Ratio
Sangfor Technologies Inc Class A (300454) has a Tangible Net Worth Ratio of 97.2% as of September 2025. This metric is calculated by deducting intangible assets (CN¥260.94 Million) from net assets (CN¥9.21 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 Sangfor Technologies Inc Class A current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sangfor Technologies Inc Class A Tangible Net Worth Ratio (2014–2024)
This chart shows how Sangfor Technologies Inc Class A's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 97.2%, reflecting net assets of CN¥9.21 Billion with intangible assets of CN¥260.94 Million CNY. See Sangfor Technologies Inc Class A defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Sangfor Technologies Inc Class A (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Sangfor Technologies Inc Class A from 2014 to 2024, covering 11 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 Sangfor Technologies Inc Class A (300454) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.1% | CN¥9.17 Billion | CN¥266.71 Million | CN¥15.22 Billion | ▲ +0.2 pp |
| 2023 | 96.9% | CN¥8.81 Billion | CN¥271.24 Million | CN¥15.03 Billion | ▲ +0.5 pp |
| 2022 | 96.4% | CN¥7.72 Billion | CN¥274.60 Million | CN¥12.18 Billion | ▲ +0.3 pp |
| 2021 | 96.1% | CN¥7.30 Billion | CN¥282.83 Million | CN¥10.95 Billion | ▲ +0.6 pp |
| 2020 | 95.5% | CN¥6.51 Billion | CN¥293.02 Million | CN¥9.66 Billion | ▲ +1.8 pp |
| 2019 | 93.7% | CN¥4.32 Billion | CN¥271.16 Million | CN¥6.77 Billion | ▼ -6.1 pp |
| 2018 | 99.9% | CN¥3.44 Billion | CN¥4.48 Million | CN¥5.13 Billion | ▲ +0.2 pp |
| 2017 | 99.7% | CN¥1.74 Billion | CN¥5.32 Million | CN¥2.91 Billion | ▼ -0.2 pp |
| 2016 | 99.9% | CN¥1.21 Billion | CN¥954.44K | CN¥2.10 Billion | ▲ +0.0 pp |
| 2015 | 99.9% | CN¥1.10 Billion | CN¥930.50K | CN¥2.14 Billion | ▲ +0.0 pp |
| 2014 | 99.9% | CN¥972.05 Million | CN¥946.82K | CN¥1.61 Billion | — |