Ningbo Joy Intelligent Logistics Technology Co.Ltd. (301198) — Tangible Net Worth Ratio
Ningbo Joy Intelligent Logistics Technology Co.Ltd. (301198) has a Tangible Net Worth Ratio of 94.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥54.63 Million) from net assets (CN¥905.06 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 what is Ningbo Joy Intelligent Logistics Technol's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ningbo Joy Intelligent Logistics Technology Co.Ltd. Tangible Net Worth Ratio (2017–2025)
This chart shows how Ningbo Joy Intelligent Logistics Technology 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 94.0%, reflecting net assets of CN¥905.06 Million with intangible assets of CN¥54.63 Million CNY. Also explore how fast is Ningbo Joy Intelligent Logistics Technol growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Ningbo Joy Intelligent Logistics Technology Co.Ltd. (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Ningbo Joy Intelligent Logistics Technology 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 Ningbo Joy Intelligent Logistics Technol market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 93.9% | CN¥905.18 Million | CN¥55.24 Million | CN¥1.20 Billion | ▲ +0.0 pp |
| 2024 | 93.9% | CN¥918.85 Million | CN¥56.43 Million | CN¥1.32 Billion | ▼ -0.4 pp |
| 2023 | 94.3% | CN¥954.28 Million | CN¥54.37 Million | CN¥1.29 Billion | ▲ +0.2 pp |
| 2022 | 94.1% | CN¥945.78 Million | CN¥55.62 Million | CN¥1.13 Billion | ▼ -0.7 pp |
| 2021 | 94.8% | CN¥904.68 Million | CN¥46.86 Million | CN¥1.02 Billion | ▲ +8.2 pp |
| 2020 | 86.6% | CN¥360.39 Million | CN¥48.19 Million | CN¥438.01 Million | ▼ -1.0 pp |
| 2019 | 87.6% | CN¥301.57 Million | CN¥37.39 Million | CN¥375.47 Million | ▲ +1.4 pp |
| 2018 | 86.2% | CN¥279.87 Million | CN¥38.50 Million | CN¥428.77 Million | ▼ -8.0 pp |
| 2017 | 94.2% | CN¥128.15 Million | CN¥7.43 Million | CN¥258.55 Million | — |