Shanghai Longyun Advg & Media (603729) — Tangible Net Worth Ratio
Shanghai Longyun Advg & Media (603729) has a Tangible Net Worth Ratio of 99.4% as of September 2025. This metric is calculated by deducting intangible assets (CN¥1.87 Million) from net assets (CN¥301.88 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 working capital to net assets of Shanghai Longyun Advg & Media to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shanghai Longyun Advg & Media Tangible Net Worth Ratio (2008–2024)
This chart shows how Shanghai Longyun Advg & Media's Tangible Net Worth Ratio has changed across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 99.4%, reflecting net assets of CN¥301.88 Million with intangible assets of CN¥1.87 Million CNY. See 603729 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Shanghai Longyun Advg & Media (2008–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Longyun Advg & Media from 2008 to 2024, covering 17 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 value of Shanghai Longyun Advg & Media.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.4% | CN¥368.29 Million | CN¥2.03 Million | CN¥687.06 Million | ▲ +0.1 pp |
| 2023 | 99.4% | CN¥361.28 Million | CN¥2.24 Million | CN¥637.25 Million | ▲ +11.4 pp |
| 2022 | 88.0% | CN¥523.96 Million | CN¥62.96 Million | CN¥679.93 Million | ▼ -3.0 pp |
| 2021 | 91.0% | CN¥724.01 Million | CN¥65.19 Million | CN¥976.19 Million | ▼ -0.4 pp |
| 2020 | 91.4% | CN¥787.81 Million | CN¥67.40 Million | CN¥1.05 Billion | ▼ -0.4 pp |
| 2019 | 91.8% | CN¥808.65 Million | CN¥66.17 Million | CN¥1.13 Billion | ▼ -0.4 pp |
| 2018 | 92.2% | CN¥871.72 Million | CN¥67.95 Million | CN¥1.28 Billion | ▲ +0.4 pp |
| 2017 | 91.8% | CN¥856.34 Million | CN¥69.83 Million | CN¥1.15 Billion | ▲ +0.6 pp |
| 2016 | 91.2% | CN¥817.28 Million | CN¥71.80 Million | CN¥879.11 Million | ▼ -1.3 pp |
| 2015 | 92.6% | CN¥985.87 Million | CN¥73.33 Million | CN¥1.11 Billion | ▼ -7.4 pp |
| 2014 | 100.0% | CN¥543.60 Million | CN¥0.00 | CN¥755.40 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CN¥466.74 Million | CN¥0.00 | CN¥626.12 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CN¥381.08 Million | CN¥0.00 | CN¥531.69 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CN¥295.19 Million | CN¥0.00 | CN¥408.43 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CN¥222.92 Million | CN¥0.00 | CN¥338.97 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CN¥80.94 Million | CN¥0.00 | CN¥173.98 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CN¥36.43 Million | CN¥0.00 | CN¥106.77 Million | — |