Quectel Wireless Solutions Co Ltd (603236) — Tangible Net Worth Ratio
Quectel Wireless Solutions Co Ltd (603236) has a Tangible Net Worth Ratio of 91.9% as of September 2025. This metric is calculated by deducting intangible assets (CN¥366.34 Million) from net assets (CN¥4.50 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. Also explore Quectel Wireless Solutions Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Quectel Wireless Solutions Co Ltd Tangible Net Worth Ratio (2013–2024)
This chart shows how Quectel Wireless Solutions Co Ltd's Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 91.9%, reflecting net assets of CN¥4.50 Billion with intangible assets of CN¥366.34 Million CNY. For live market cap and overall valuation, see market value of Quectel Wireless Solutions Co Ltd.
Annual Tangible Net Worth Ratio for Quectel Wireless Solutions Co Ltd (2013–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Quectel Wireless Solutions Co Ltd from 2013 to 2024, covering 12 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 reinvestment intensity of Quectel Wireless Solutions Co Ltd 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) |
|---|---|---|---|---|---|
| 2024 | 90.7% | CN¥4.02 Billion | CN¥374.93 Million | CN¥12.98 Billion | ▲ +1.6 pp |
| 2023 | 89.1% | CN¥3.62 Billion | CN¥395.55 Million | CN¥11.23 Billion | ▼ -0.8 pp |
| 2022 | 89.8% | CN¥3.72 Billion | CN¥377.60 Million | CN¥10.27 Billion | ▼ -6.5 pp |
| 2021 | 96.3% | CN¥3.21 Billion | CN¥118.34 Million | CN¥8.14 Billion | ▲ +1.3 pp |
| 2020 | 95.0% | CN¥1.87 Billion | CN¥93.89 Million | CN¥4.60 Billion | ▼ -1.9 pp |
| 2019 | 96.9% | CN¥1.71 Billion | CN¥53.79 Million | CN¥2.93 Billion | ▼ -0.1 pp |
| 2018 | 97.0% | CN¥655.30 Million | CN¥19.92 Million | CN¥1.29 Billion | ▼ -0.7 pp |
| 2017 | 97.7% | CN¥465.43 Million | CN¥10.77 Million | CN¥806.42 Million | ▲ +4.8 pp |
| 2016 | 92.9% | CN¥115.87 Million | CN¥8.25 Million | CN¥299.23 Million | ▼ -0.1 pp |
| 2015 | 93.0% | CN¥82.51 Million | CN¥5.80 Million | CN¥129.18 Million | ▼ -0.3 pp |
| 2014 | 93.3% | CN¥55.98 Million | CN¥3.76 Million | CN¥90.65 Million | ▼ -4.9 pp |
| 2013 | 98.2% | CN¥43.93 Million | CN¥779.27K | CN¥60.31 Million | — |