Essence Fastening Systems (Shanghai) Co. Ltd. Tangible Net Worth Ratio
Essence Fastening Systems (Shanghai) Co. Ltd. tangible net worth ratio. Essence Fastening Systems (Shanghai) Co. Ltd. (301005) has a Tangible Net Worth Ratio of 95.1% as of June 2026. This metric is calculated by deducting intangible assets (CN¥39.66 Million) from net assets (CN¥801.83 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 how leveraged is Essence Fastening Systems (Shanghai) Co.'s balance sheet to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Essence Fastening Systems (Shanghai) Co. Ltd. (2017–2025)
Tangible net worth ratio of Essence Fastening Systems (Shanghai) Co. Ltd. from 2017 to 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 June 2026, the ratio stands at 95.1%, reflecting net assets of CN¥801.83 Million with intangible assets of CN¥39.66 Million CNY. See 301005 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Essence Fastening Systems (Shanghai) Co. Ltd. Tangible Net Worth Ratio by Year (2017–2025)
Essence Fastening Systems (Shanghai) Co. Ltd. tangible net worth ratio by year from 2017 to 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 live market cap and overall valuation, see 301005 stock 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 | — |