EST Tools Co Ltd (300488) — Tangible Net Worth Ratio
EST Tools Co Ltd (300488) has a Tangible Net Worth Ratio of 96.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥53.76 Million) from net assets (CN¥1.70 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 EST Tools Co Ltd 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
EST Tools Co Ltd Tangible Net Worth Ratio (2011–2024)
This chart shows how EST Tools Co Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 96.8%, reflecting net assets of CN¥1.70 Billion with intangible assets of CN¥53.76 Million CNY. See defensive interval ratio of EST Tools Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for EST Tools Co Ltd (2011–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for EST Tools Co Ltd from 2011 to 2024, covering 14 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 300488 market cap.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.3% | CN¥1.47 Billion | CN¥55.06 Million | CN¥2.24 Billion | ▲ +0.3 pp |
| 2023 | 95.9% | CN¥1.39 Billion | CN¥56.41 Million | CN¥1.59 Billion | ▲ +0.4 pp |
| 2022 | 95.5% | CN¥1.27 Billion | CN¥57.13 Million | CN¥1.55 Billion | ▲ +0.4 pp |
| 2021 | 95.2% | CN¥1.20 Billion | CN¥58.10 Million | CN¥1.47 Billion | ▲ +0.9 pp |
| 2020 | 94.2% | CN¥1.07 Billion | CN¥61.86 Million | CN¥1.25 Billion | ▲ +0.7 pp |
| 2019 | 93.6% | CN¥1.02 Billion | CN¥65.49 Million | CN¥1.19 Billion | ▼ -1.3 pp |
| 2018 | 94.9% | CN¥934.04 Million | CN¥48.01 Million | CN¥1.11 Billion | ▲ +0.7 pp |
| 2017 | 94.2% | CN¥880.46 Million | CN¥51.00 Million | CN¥1.05 Billion | ▼ -0.9 pp |
| 2016 | 95.1% | CN¥659.28 Million | CN¥32.29 Million | CN¥700.68 Million | ▼ -0.9 pp |
| 2015 | 96.0% | CN¥598.26 Million | CN¥24.15 Million | CN¥637.09 Million | ▲ +3.5 pp |
| 2014 | 92.4% | CN¥324.65 Million | CN¥24.54 Million | CN¥419.42 Million | ▲ +1.2 pp |
| 2013 | 91.2% | CN¥283.62 Million | CN¥24.89 Million | CN¥327.68 Million | ▲ +2.5 pp |
| 2012 | 88.7% | CN¥224.42 Million | CN¥25.37 Million | CN¥279.66 Million | ▲ +5.1 pp |
| 2011 | 83.6% | CN¥156.83 Million | CN¥25.73 Million | CN¥258.40 Million | — |