Asia Cuanon Tech (Shanghai) (603378) — Tangible Net Worth Ratio
Asia Cuanon Tech (Shanghai) (603378) has a Tangible Net Worth Ratio of 55.5% as of September 2025. This metric is calculated by deducting intangible assets (CN¥446.07 Million) from net assets (CN¥1.00 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 603378 net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Asia Cuanon Tech (Shanghai) Tangible Net Worth Ratio (2012–2024)
This chart shows how Asia Cuanon Tech (Shanghai)'s Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 55.5%, reflecting net assets of CN¥1.00 Billion with intangible assets of CN¥446.07 Million CNY. Check asset allocation strategy of Asia Cuanon Tech (Shanghai) to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Asia Cuanon Tech (Shanghai) (2012–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Asia Cuanon Tech (Shanghai) from 2012 to 2024, covering 13 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 603378 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 64.3% | CN¥1.31 Billion | CN¥467.13 Million | CN¥6.34 Billion | ▼ -9.5 pp |
| 2023 | 73.8% | CN¥1.74 Billion | CN¥455.87 Million | CN¥6.41 Billion | ▲ +4.5 pp |
| 2022 | 69.3% | CN¥1.73 Billion | CN¥529.66 Million | CN¥6.58 Billion | ▲ +2.7 pp |
| 2021 | 66.6% | CN¥1.62 Billion | CN¥541.51 Million | CN¥7.18 Billion | ▼ -18.8 pp |
| 2020 | 85.4% | CN¥2.05 Billion | CN¥298.62 Million | CN¥5.19 Billion | ▼ -0.5 pp |
| 2019 | 85.9% | CN¥1.37 Billion | CN¥192.48 Million | CN¥3.18 Billion | ▼ -4.8 pp |
| 2018 | 90.7% | CN¥1.31 Billion | CN¥122.41 Million | CN¥2.54 Billion | ▼ -2.3 pp |
| 2017 | 92.9% | CN¥1.29 Billion | CN¥90.93 Million | CN¥2.06 Billion | ▲ +6.9 pp |
| 2016 | 86.0% | CN¥593.76 Million | CN¥82.94 Million | CN¥1.26 Billion | ▲ +0.1 pp |
| 2015 | 86.0% | CN¥471.36 Million | CN¥66.18 Million | CN¥933.26 Million | ▲ +5.0 pp |
| 2014 | 81.0% | CN¥354.82 Million | CN¥67.52 Million | CN¥572.42 Million | ▲ +7.8 pp |
| 2013 | 73.2% | CN¥256.14 Million | CN¥68.60 Million | CN¥521.34 Million | ▲ +53.5 pp |
| 2012 | 19.8% | CN¥86.70 Million | CN¥69.57 Million | CN¥349.36 Million | — |