Shenzhen MinDe Electronics Technology Ltd (300656) — Tangible Net Worth Ratio

Latest as of September 2025: 90.5%

Shenzhen MinDe Electronics Technology Ltd (300656) has a Tangible Net Worth Ratio of 90.5% as of September 2025. This metric is calculated by deducting intangible assets (CN¥103.67 Million) from net assets (CN¥1.09 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 to net assets of Shenzhen MinDe Electronics Technology Lt to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

90.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.09 Billion
CNY

Intangible Assets

CN¥103.67 Million
Goodwill, patents, brand value

Total Assets

CN¥2.37 Billion
CNY

Shenzhen MinDe Electronics Technology Ltd Tangible Net Worth Ratio (2013–2024)

This chart shows how Shenzhen MinDe Electronics Technology Ltd's Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 90.5%, reflecting net assets of CN¥1.09 Billion with intangible assets of CN¥103.67 Million CNY. See Shenzhen MinDe Electronics Technology Lt defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shenzhen MinDe Electronics Technology Ltd (2013–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shenzhen MinDe Electronics Technology Ltd from 2013 to 2024, covering 12 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 300656 market cap.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 99.7% CN¥1.03 Billion CN¥3.12 Million CN¥1.59 Billion ▲ +0.0 pp
2023 99.7% CN¥1.18 Billion CN¥3.83 Million CN¥1.76 Billion ▲ +0.1 pp
2022 99.6% CN¥1.16 Billion CN¥4.74 Million CN¥1.53 Billion ▲ +0.5 pp
2021 99.0% CN¥567.86 Million CN¥5.44 Million CN¥831.67 Million ▲ +0.0 pp
2020 99.0% CN¥546.87 Million CN¥5.46 Million CN¥810.47 Million ▼ -0.8 pp
2019 99.8% CN¥507.23 Million CN¥862.89K CN¥649.81 Million ▼ -0.1 pp
2018 99.9% CN¥466.17 Million CN¥387.87K CN¥618.31 Million ▼ 0.0 pp
2017 99.9% CN¥426.38 Million CN¥259.22K CN¥447.73 Million ▲ +0.0 pp
2016 99.9% CN¥166.44 Million CN¥155.16K CN¥183.01 Million ▲ +0.1 pp
2015 99.8% CN¥120.12 Million CN¥181.05K CN¥145.93 Million ▲ +0.1 pp
2014 99.7% CN¥44.30 Million CN¥115.42K CN¥64.06 Million ▼ 0.0 pp
2013 99.7% CN¥51.01 Million CN¥132.42K CN¥64.24 Million
pp = percentage points