Linewell Software Co Ltd (603636) — Tangible Net Worth Ratio

Latest as of September 2025: 76.1%

Linewell Software Co Ltd (603636) has a Tangible Net Worth Ratio of 76.1% as of September 2025. This metric is calculated by deducting intangible assets (CN¥555.23 Million) from net assets (CN¥2.32 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 603636 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

76.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥2.32 Billion
CNY

Intangible Assets

CN¥555.23 Million
Goodwill, patents, brand value

Total Assets

CN¥5.51 Billion
CNY

Linewell Software Co Ltd Tangible Net Worth Ratio (2011–2024)

This chart shows how Linewell Software Co Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 76.1%, reflecting net assets of CN¥2.32 Billion with intangible assets of CN¥555.23 Million CNY. See Linewell Software Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Linewell Software Co Ltd (2011–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Linewell Software Co Ltd from 2011 to 2024, covering 14 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 Linewell Software Co Ltd (603636) market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 76.7% CN¥2.44 Billion CN¥569.14 Million CN¥5.84 Billion ▼ -1.3 pp
2023 77.9% CN¥2.80 Billion CN¥617.74 Million CN¥6.13 Billion ▼ -10.0 pp
2022 88.0% CN¥2.79 Billion CN¥334.93 Million CN¥5.40 Billion ▼ -0.9 pp
2021 88.9% CN¥2.69 Billion CN¥298.62 Million CN¥4.49 Billion ▼ -1.5 pp
2020 90.3% CN¥2.67 Billion CN¥258.02 Million CN¥4.56 Billion ▲ +2.0 pp
2019 88.3% CN¥2.09 Billion CN¥243.94 Million CN¥3.79 Billion ▼ -0.7 pp
2018 89.0% CN¥1.77 Billion CN¥194.43 Million CN¥3.00 Billion ▲ +3.2 pp
2017 85.8% CN¥1.01 Billion CN¥142.82 Million CN¥1.96 Billion ▼ -1.3 pp
2016 87.1% CN¥904.01 Million CN¥116.29 Million CN¥1.31 Billion ▼ -3.7 pp
2015 90.9% CN¥872.33 Million CN¥79.72 Million CN¥1.23 Billion ▼ -2.2 pp
2014 93.1% CN¥814.35 Million CN¥56.37 Million CN¥1.10 Billion ▲ +6.2 pp
2013 86.9% CN¥372.11 Million CN¥48.70 Million CN¥589.91 Million ▲ +1.0 pp
2012 85.9% CN¥293.15 Million CN¥41.41 Million CN¥450.35 Million ▼ -0.3 pp
2011 86.2% CN¥218.95 Million CN¥30.16 Million CN¥327.64 Million
pp = percentage points