Shenzhen L&A Design Holding Limited (300949) — Tangible Net Worth Ratio
Shenzhen L&A Design Holding Limited (300949) has a Tangible Net Worth Ratio of 96.0% as of June 2025. This metric is calculated by deducting intangible assets (CN¥27.13 Million) from net assets (CN¥681.07 Million) 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 L&A Design Holding Limited to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shenzhen L&A Design Holding Limited Tangible Net Worth Ratio (2019–2024)
This chart shows how Shenzhen L&A Design Holding Limited's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 96.0%, reflecting net assets of CN¥681.07 Million with intangible assets of CN¥27.13 Million CNY. See 300949 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Shenzhen L&A Design Holding Limited (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shenzhen L&A Design Holding Limited from 2019 to 2024, covering 6 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 market cap of Shenzhen L&A Design Holding Limited.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.0% | CN¥703.07 Million | CN¥28.26 Million | CN¥1.23 Billion | ▼ -1.0 pp |
| 2023 | 97.0% | CN¥981.82 Million | CN¥29.89 Million | CN¥1.56 Billion | ▼ -2.8 pp |
| 2022 | 99.8% | CN¥1.15 Billion | CN¥2.71 Million | CN¥1.48 Billion | ▼ -0.1 pp |
| 2021 | 99.8% | CN¥1.20 Billion | CN¥2.13 Million | CN¥1.46 Billion | ▲ +0.0 pp |
| 2020 | 99.8% | CN¥409.37 Million | CN¥898.44K | CN¥714.87 Million | ▲ +0.3 pp |
| 2019 | 99.5% | CN¥306.67 Million | CN¥1.44 Million | CN¥526.40 Million | — |