Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Tangible Net Worth Ratio
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. tangible net worth ratio. Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) has a Tangible Net Worth Ratio of 96.9% as of June 2026. This metric is calculated by deducting intangible assets (CN¥34.57 Million) from net assets (CN¥1.12 Billion) 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 Shanghai National Center of Testing and (301289) balance sheet quality index 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 Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (2019–2025)
Tangible net worth ratio of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. from 2019 to 2025. This chart shows how Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.'s Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at 96.9%, reflecting net assets of CN¥1.12 Billion with intangible assets of CN¥34.57 Million CNY. See 301289 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Tangible Net Worth Ratio by Year (2019–2025)
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. tangible net worth ratio by year from 2019 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. from 2019 to 2025, covering 7 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 Shanghai National Center of Testing and stock valuation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.8% | CN¥1.09 Billion | CN¥35.03 Million | CN¥1.38 Billion | ▲ +0.3 pp |
| 2024 | 96.5% | CN¥1.06 Billion | CN¥36.55 Million | CN¥1.29 Billion | ▲ +0.1 pp |
| 2023 | 96.4% | CN¥1.01 Billion | CN¥36.25 Million | CN¥1.24 Billion | ▲ +0.3 pp |
| 2022 | 96.2% | CN¥959.05 Million | CN¥36.89 Million | CN¥1.17 Billion | ▲ +1.2 pp |
| 2021 | 94.9% | CN¥394.27 Million | CN¥20.03 Million | CN¥612.77 Million | ▲ +1.5 pp |
| 2020 | 93.5% | CN¥316.42 Million | CN¥20.71 Million | CN¥448.98 Million | ▲ +0.5 pp |
| 2019 | 92.9% | CN¥260.88 Million | CN¥18.41 Million | CN¥324.11 Million | — |