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. Also explore net asset momentum of Ningbo Joy Intelligent Logistics Technol to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see Ningbo Joy Intelligent Logistics Technol market capitalisation.
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. Explore Ningbo Joy Intelligent Logistics Technol capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |