North Long Dragon New Materials Technology Co. Ltd. A (301357) — Tangible Net Worth Ratio
North Long Dragon New Materials Technology Co. Ltd. A (301357) has a Tangible Net Worth Ratio of 97.3% as of June 2025. This metric is calculated by deducting intangible assets (CN¥30.54 Million) from net assets (CN¥1.13 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 301357 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
North Long Dragon New Materials Technology Co. Ltd. A Tangible Net Worth Ratio (2021–2024)
This chart shows how North Long Dragon New Materials Technology Co. Ltd. A's Tangible Net Worth Ratio has changed across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 97.3%, reflecting net assets of CN¥1.13 Billion with intangible assets of CN¥30.54 Million CNY. See 301357 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for North Long Dragon New Materials Technology Co. Ltd. A (2021–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for North Long Dragon New Materials Technology Co. Ltd. A from 2021 to 2024, covering 4 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 301357 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.3% | CN¥1.13 Billion | CN¥30.95 Million | CN¥1.24 Billion | ▲ +0.0 pp |
| 2023 | 97.2% | CN¥1.14 Billion | CN¥31.79 Million | CN¥1.32 Billion | ▲ +5.1 pp |
| 2022 | 92.2% | CN¥393.20 Million | CN¥30.85 Million | CN¥714.00 Million | ▲ +2.2 pp |
| 2021 | 89.9% | CN¥312.42 Million | CN¥31.52 Million | CN¥577.86 Million | — |