Zhejiang Grandwall Electric Science&Technology Co Ltd Class A (603897) — Tangible Net Worth Ratio
Zhejiang Grandwall Electric Science&Technology Co Ltd Class A (603897) has a Tangible Net Worth Ratio of 93.3% as of June 2025. This metric is calculated by deducting intangible assets (CN¥161.31 Million) from net assets (CN¥2.39 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 603897 book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Zhejiang Grandwall Electric Science&Technology Co Ltd Class A Tangible Net Worth Ratio (2014–2024)
This chart shows how Zhejiang Grandwall Electric Science&Technology Co Ltd Class A's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 93.3%, reflecting net assets of CN¥2.39 Billion with intangible assets of CN¥161.31 Million CNY. Also explore Zhejiang Grandwall Electric Science&Tech (603897) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Zhejiang Grandwall Electric Science&Technology Co Ltd Class A (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Zhejiang Grandwall Electric Science&Technology Co Ltd Class A from 2014 to 2024, covering 11 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 603897 company net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.1% | CN¥2.56 Billion | CN¥149.85 Million | CN¥6.50 Billion | ▼ -0.5 pp |
| 2023 | 94.7% | CN¥2.78 Billion | CN¥148.44 Million | CN¥6.02 Billion | ▲ +0.4 pp |
| 2022 | 94.3% | CN¥2.75 Billion | CN¥157.57 Million | CN¥5.63 Billion | ▼ -0.5 pp |
| 2021 | 94.8% | CN¥2.71 Billion | CN¥141.40 Million | CN¥4.43 Billion | ▼ -0.8 pp |
| 2020 | 95.6% | CN¥1.99 Billion | CN¥86.96 Million | CN¥3.95 Billion | ▲ +0.3 pp |
| 2019 | 95.3% | CN¥1.92 Billion | CN¥89.30 Million | CN¥2.90 Billion | ▲ +0.8 pp |
| 2018 | 94.5% | CN¥1.68 Billion | CN¥91.68 Million | CN¥1.88 Billion | ▼ -2.3 pp |
| 2017 | 96.8% | CN¥796.86 Million | CN¥25.14 Million | CN¥1.32 Billion | ▲ +1.1 pp |
| 2016 | 95.8% | CN¥619.44 Million | CN¥26.18 Million | CN¥1.01 Billion | ▲ +1.6 pp |
| 2015 | 94.2% | CN¥469.14 Million | CN¥27.24 Million | CN¥736.72 Million | ▲ +1.0 pp |
| 2014 | 93.2% | CN¥416.77 Million | CN¥28.30 Million | CN¥1.02 Billion | — |