Shenzhen FRD Science & Technology Co Ltd (300602) — Tangible Net Worth Ratio
Shenzhen FRD Science & Technology Co Ltd (300602) has a Tangible Net Worth Ratio of 92.1% as of September 2025. This metric is calculated by deducting intangible assets (CN¥323.93 Million) from net assets (CN¥4.12 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. Also explore Shenzhen FRD Science & Technology Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shenzhen FRD Science & Technology Co Ltd Tangible Net Worth Ratio (2012–2024)
This chart shows how Shenzhen FRD Science & Technology 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 92.1%, reflecting net assets of CN¥4.12 Billion with intangible assets of CN¥323.93 Million CNY. For live market cap and overall valuation, see 300602 stock market capitalisation.
Annual Tangible Net Worth Ratio for Shenzhen FRD Science & Technology Co Ltd (2012–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shenzhen FRD Science & Technology 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. Explore how much does Shenzhen FRD Science & Technology Co Ltd reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 91.6% | CN¥3.98 Billion | CN¥334.23 Million | CN¥7.86 Billion | ▲ +0.6 pp |
| 2023 | 91.0% | CN¥3.81 Billion | CN¥341.85 Million | CN¥7.38 Billion | ▲ +3.5 pp |
| 2022 | 87.5% | CN¥2.65 Billion | CN¥330.50 Million | CN¥6.27 Billion | ▲ +0.0 pp |
| 2021 | 87.5% | CN¥2.63 Billion | CN¥328.29 Million | CN¥5.53 Billion | ▼ -1.7 pp |
| 2020 | 89.3% | CN¥2.69 Billion | CN¥288.52 Million | CN¥4.69 Billion | ▲ +0.4 pp |
| 2019 | 88.9% | CN¥1.80 Billion | CN¥199.37 Million | CN¥3.64 Billion | ▼ -1.0 pp |
| 2018 | 89.9% | CN¥1.16 Billion | CN¥116.62 Million | CN¥1.87 Billion | ▼ -8.2 pp |
| 2017 | 98.2% | CN¥968.79 Million | CN¥17.59 Million | CN¥1.45 Billion | ▲ +1.3 pp |
| 2016 | 96.9% | CN¥564.65 Million | CN¥17.69 Million | CN¥897.72 Million | ▲ +0.9 pp |
| 2015 | 96.0% | CN¥450.52 Million | CN¥18.09 Million | CN¥668.85 Million | ▲ +1.4 pp |
| 2014 | 94.6% | CN¥349.38 Million | CN¥18.75 Million | CN¥515.19 Million | ▲ +1.7 pp |
| 2013 | 92.9% | CN¥268.77 Million | CN¥19.11 Million | CN¥389.35 Million | ▼ -2.1 pp |
| 2012 | 95.0% | CN¥219.56 Million | CN¥10.91 Million | CN¥347.46 Million | — |