Shanghai Fudan Forward S&T Co Ltd (600624) — Tangible Net Worth Ratio
Shanghai Fudan Forward S&T Co Ltd (600624) has a Tangible Net Worth Ratio of 87.0% as of September 2025. This metric is calculated by deducting intangible assets (CN¥85.38 Million) from net assets (CN¥658.31 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 600624 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shanghai Fudan Forward S&T Co Ltd Tangible Net Worth Ratio (1992–2024)
This chart shows how Shanghai Fudan Forward S&T Co Ltd's Tangible Net Worth Ratio has changed across 33 annual periods from 1992 to 2024. As of September 2025, the ratio stands at 87.0%, reflecting net assets of CN¥658.31 Million with intangible assets of CN¥85.38 Million CNY. See how many days can Shanghai Fudan Forward S&T Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Shanghai Fudan Forward S&T Co Ltd (1992–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Fudan Forward S&T Co Ltd from 1992 to 2024, covering 33 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 market cap of Shanghai Fudan Forward S&T Co Ltd.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 87.9% | CN¥677.57 Million | CN¥82.21 Million | CN¥1.42 Billion | ▼ -3.2 pp |
| 2023 | 91.1% | CN¥845.50 Million | CN¥75.26 Million | CN¥1.80 Billion | ▼ -1.7 pp |
| 2022 | 92.8% | CN¥993.73 Million | CN¥71.71 Million | CN¥1.86 Billion | ▲ +0.3 pp |
| 2021 | 92.5% | CN¥999.37 Million | CN¥74.64 Million | CN¥1.92 Billion | ▼ -1.3 pp |
| 2020 | 93.9% | CN¥1.12 Billion | CN¥68.81 Million | CN¥2.09 Billion | ▲ +0.4 pp |
| 2019 | 93.5% | CN¥1.21 Billion | CN¥78.80 Million | CN¥2.23 Billion | ▼ -0.7 pp |
| 2018 | 94.2% | CN¥1.22 Billion | CN¥71.13 Million | CN¥2.75 Billion | ▲ +0.4 pp |
| 2017 | 93.8% | CN¥1.19 Billion | CN¥74.07 Million | CN¥2.40 Billion | ▲ +0.4 pp |
| 2016 | 93.4% | CN¥1.16 Billion | CN¥76.18 Million | CN¥2.30 Billion | ▼ -0.8 pp |
| 2015 | 94.3% | CN¥1.13 Billion | CN¥64.90 Million | CN¥1.84 Billion | ▲ +0.1 pp |
| 2014 | 94.2% | CN¥1.09 Billion | CN¥63.11 Million | CN¥1.65 Billion | ▲ +4.9 pp |
| 2013 | 89.3% | CN¥653.63 Million | CN¥70.14 Million | CN¥1.54 Billion | ▼ -0.6 pp |
| 2012 | 89.8% | CN¥635.94 Million | CN¥64.72 Million | CN¥1.32 Billion | ▼ -1.3 pp |
| 2011 | 91.1% | CN¥637.51 Million | CN¥56.69 Million | CN¥1.52 Billion | ▲ +0.3 pp |
| 2010 | 90.8% | CN¥622.44 Million | CN¥57.32 Million | CN¥1.43 Billion | ▲ +0.1 pp |
| 2009 | 90.7% | CN¥561.02 Million | CN¥52.08 Million | CN¥1.21 Billion | ▲ +1.6 pp |
| 2008 | 89.1% | CN¥546.96 Million | CN¥59.52 Million | CN¥1.08 Billion | ▲ +0.6 pp |
| 2007 | 88.6% | CN¥530.40 Million | CN¥60.66 Million | CN¥1.07 Billion | ▼ -0.6 pp |
| 2006 | 89.2% | CN¥510.05 Million | CN¥55.13 Million | CN¥1.02 Billion | ▲ +0.1 pp |
| 2005 | 89.1% | CN¥523.46 Million | CN¥57.03 Million | CN¥1.06 Billion | ▲ +0.8 pp |
| 2004 | 88.3% | CN¥495.62 Million | CN¥58.14 Million | CN¥1.04 Billion | ▲ +2.5 pp |
| 2003 | 85.7% | CN¥457.05 Million | CN¥65.26 Million | CN¥1.06 Billion | ▲ +3.2 pp |
| 2002 | 82.5% | CN¥437.11 Million | CN¥76.40 Million | CN¥1.00 Billion | ▼ -1.8 pp |
| 2001 | 84.3% | CN¥442.45 Million | CN¥69.47 Million | CN¥1.07 Billion | ▼ -11.1 pp |
| 2000 | 95.4% | CN¥531.49 Million | CN¥24.67 Million | CN¥953.22 Million | ▲ +0.6 pp |
| 1999 | 94.7% | CN¥502.54 Million | CN¥26.53 Million | CN¥849.08 Million | ▲ +0.2 pp |
| 1998 | 94.5% | CN¥500.36 Million | CN¥27.53 Million | CN¥789.31 Million | ▲ +0.7 pp |
| 1997 | 93.8% | CN¥473.78 Million | CN¥29.16 Million | CN¥628.98 Million | ▲ +2.5 pp |
| 1996 | 91.3% | CN¥302.09 Million | CN¥26.19 Million | CN¥472.61 Million | ▼ -0.8 pp |
| 1995 | 92.2% | CN¥275.86 Million | CN¥21.65 Million | CN¥381.36 Million | ▼ -7.8 pp |
| 1994 | 100.0% | CN¥195.70 Million | CN¥0.00 | CN¥257.07 Million | ▲ +5.8 pp |
| 1993 | 94.2% | CN¥184.14 Million | CN¥10.66 Million | CN¥236.83 Million | ▼ -4.9 pp |
| 1992 | 99.1% | CN¥112.26 Million | CN¥1.01 Million | CN¥154.77 Million | — |