Shenzhen Ellassay Fashion Co (603808) — Tangible Net Worth Ratio
Shenzhen Ellassay Fashion Co (603808) has a Tangible Net Worth Ratio of 86.5% as of September 2025. This metric is calculated by deducting intangible assets (CN¥391.32 Million) from net assets (CN¥2.89 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 working capital position of Shenzhen Ellassay Fashion Co to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shenzhen Ellassay Fashion Co Tangible Net Worth Ratio (2011–2024)
This chart shows how Shenzhen Ellassay Fashion Co's Tangible Net Worth Ratio has changed across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 86.5%, reflecting net assets of CN¥2.89 Billion with intangible assets of CN¥391.32 Million CNY. See Shenzhen Ellassay Fashion Co liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Shenzhen Ellassay Fashion Co (2011–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shenzhen Ellassay Fashion Co 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 market cap of Shenzhen Ellassay Fashion Co.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 85.6% | CN¥2.73 Billion | CN¥392.49 Million | CN¥4.15 Billion | ▲ +4.6 pp |
| 2023 | 81.0% | CN¥3.06 Billion | CN¥581.27 Million | CN¥4.62 Billion | ▲ +2.9 pp |
| 2022 | 78.1% | CN¥2.86 Billion | CN¥627.07 Million | CN¥4.34 Billion | ▼ -0.4 pp |
| 2021 | 78.6% | CN¥2.93 Billion | CN¥628.61 Million | CN¥4.51 Billion | ▲ +5.3 pp |
| 2020 | 73.2% | CN¥2.25 Billion | CN¥602.37 Million | CN¥3.58 Billion | ▲ +9.0 pp |
| 2019 | 64.2% | CN¥1.96 Billion | CN¥702.35 Million | CN¥3.45 Billion | ▼ -9.4 pp |
| 2018 | 73.6% | CN¥2.67 Billion | CN¥704.85 Million | CN¥3.66 Billion | ▲ +3.1 pp |
| 2017 | 70.5% | CN¥2.38 Billion | CN¥702.23 Million | CN¥3.57 Billion | ▼ -17.4 pp |
| 2016 | 87.9% | CN¥1.81 Billion | CN¥218.99 Million | CN¥2.57 Billion | ▼ -5.7 pp |
| 2015 | 93.6% | CN¥1.51 Billion | CN¥96.65 Million | CN¥1.87 Billion | ▼ -3.5 pp |
| 2014 | 97.1% | CN¥658.11 Million | CN¥18.92 Million | CN¥844.77 Million | ▼ -0.6 pp |
| 2013 | 97.7% | CN¥584.39 Million | CN¥13.17 Million | CN¥782.97 Million | ▲ +0.4 pp |
| 2012 | 97.3% | CN¥494.30 Million | CN¥13.28 Million | CN¥667.62 Million | ▲ +0.8 pp |
| 2011 | 96.5% | CN¥372.00 Million | CN¥13.11 Million | CN¥510.31 Million | — |