Essence Fastening Systems (Shanghai) Co. Ltd. (301005) — Tangible Net Worth Ratio
Essence Fastening Systems (Shanghai) Co. Ltd. (301005) has a Tangible Net Worth Ratio of 94.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥40.24 Million) from net assets (CN¥786.55 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 Essence Fastening Systems (Shanghai) Co. 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
Essence Fastening Systems (Shanghai) Co. Ltd. Tangible Net Worth Ratio (2017–2025)
This chart shows how Essence Fastening Systems (Shanghai) Co. Ltd.'s Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 94.9%, reflecting net assets of CN¥786.55 Million with intangible assets of CN¥40.24 Million CNY. See Essence Fastening Systems (Shanghai) Co. (301005) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Essence Fastening Systems (Shanghai) Co. Ltd. (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Essence Fastening Systems (Shanghai) Co. Ltd. from 2017 to 2025, covering 9 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 Essence Fastening Systems (Shanghai) Co. market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.8% | CN¥772.80 Million | CN¥40.11 Million | CN¥1.37 Billion | ▲ +0.4 pp |
| 2024 | 94.4% | CN¥752.78 Million | CN¥42.28 Million | CN¥1.20 Billion | ▼ -0.4 pp |
| 2023 | 94.8% | CN¥832.08 Million | CN¥43.26 Million | CN¥1.14 Billion | ▼ 0.0 pp |
| 2022 | 94.8% | CN¥867.96 Million | CN¥45.08 Million | CN¥1.14 Billion | ▼ -1.1 pp |
| 2021 | 95.9% | CN¥773.97 Million | CN¥31.44 Million | CN¥880.31 Million | ▲ +8.1 pp |
| 2020 | 87.9% | CN¥269.36 Million | CN¥32.65 Million | CN¥394.65 Million | ▲ +2.8 pp |
| 2019 | 85.1% | CN¥223.08 Million | CN¥33.35 Million | CN¥317.85 Million | ▼ -10.9 pp |
| 2018 | 95.9% | CN¥183.99 Million | CN¥7.46 Million | CN¥272.67 Million | ▲ +3.0 pp |
| 2017 | 92.9% | CN¥98.00 Million | CN¥6.93 Million | CN¥229.69 Million | — |