Shenzhen Friendcom Technology Development Co Ltd (300514) — Tangible Net Worth Ratio

Latest as of September 2025: 98.5%

Shenzhen Friendcom Technology Development Co Ltd (300514) has a Tangible Net Worth Ratio of 98.5% as of September 2025. This metric is calculated by deducting intangible assets (CN¥15.93 Million) from net assets (CN¥1.06 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 working capital position of Shenzhen Friendcom Technology Developmen to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

98.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.06 Billion
CNY

Intangible Assets

CN¥15.93 Million
Goodwill, patents, brand value

Total Assets

CN¥1.46 Billion
CNY

Shenzhen Friendcom Technology Development Co Ltd Tangible Net Worth Ratio (2012–2024)

This chart shows how Shenzhen Friendcom Technology Development Co Ltd's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 98.5%, reflecting net assets of CN¥1.06 Billion with intangible assets of CN¥15.93 Million CNY. See Shenzhen Friendcom Technology Developmen (300514) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shenzhen Friendcom Technology Development Co Ltd (2012–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shenzhen Friendcom Technology Development Co Ltd from 2012 to 2024, covering 13 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 Shenzhen Friendcom Technology Developmen (300514) total market value.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 98.6% CN¥1.04 Billion CN¥14.62 Million CN¥1.46 Billion ▲ +0.3 pp
2023 98.3% CN¥883.62 Million CN¥15.21 Million CN¥1.21 Billion ▲ +0.0 pp
2022 98.2% CN¥721.86 Million CN¥12.72 Million CN¥1.09 Billion ▲ +0.3 pp
2021 97.9% CN¥643.24 Million CN¥13.49 Million CN¥1.15 Billion ▲ +0.1 pp
2020 97.8% CN¥595.46 Million CN¥13.38 Million CN¥930.02 Million ▲ +0.2 pp
2019 97.5% CN¥571.90 Million CN¥14.17 Million CN¥1.15 Billion ▲ +0.4 pp
2018 97.1% CN¥528.68 Million CN¥15.15 Million CN¥892.71 Million ▼ -2.4 pp
2017 99.5% CN¥486.15 Million CN¥2.47 Million CN¥775.23 Million ▼ -0.4 pp
2016 99.9% CN¥232.03 Million CN¥248.74K CN¥483.48 Million ▼ 0.0 pp
2015 99.9% CN¥195.81 Million CN¥176.57K CN¥387.72 Million ▲ +0.1 pp
2014 99.8% CN¥156.95 Million CN¥302.34K CN¥367.49 Million ▲ +0.2 pp
2013 99.6% CN¥109.31 Million CN¥415.82K CN¥262.80 Million ▼ 0.0 pp
2012 99.6% CN¥81.34 Million CN¥289.50K CN¥161.08 Million
pp = percentage points