L&K Engineering Suzhou Co Ltd (603929) — Tangible Net Worth Ratio

Latest as of June 2026: 99.8%

L&K Engineering Suzhou Co Ltd (603929) has a Tangible Net Worth Ratio of 99.8% as of June 2026. This metric is calculated by deducting intangible assets (CN¥5.97 Million) from net assets (CN¥2.40 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 how fast is L&K Engineering Suzhou Co Ltd growing its equity to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

99.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥2.40 Billion
CNY

Intangible Assets

CN¥5.97 Million
Goodwill, patents, brand value

Total Assets

CN¥5.51 Billion
CNY

L&K Engineering Suzhou Co Ltd Tangible Net Worth Ratio (2011–2025)

This chart shows how L&K Engineering Suzhou Co Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 99.8%, reflecting net assets of CN¥2.40 Billion with intangible assets of CN¥5.97 Million CNY. For live market cap and overall valuation, see 603929 market cap.

Annual Tangible Net Worth Ratio for L&K Engineering Suzhou Co Ltd (2011–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for L&K Engineering Suzhou Co Ltd from 2011 to 2025, covering 15 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. Explore L&K Engineering Suzhou Co Ltd capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 99.8% CN¥2.32 Billion CN¥4.92 Million CN¥5.39 Billion ▲ +0.1 pp
2024 99.7% CN¥1.85 Billion CN¥5.48 Million CN¥4.04 Billion ▲ +0.1 pp
2023 99.6% CN¥1.45 Billion CN¥5.62 Million CN¥3.54 Billion ▲ +0.1 pp
2022 99.5% CN¥1.19 Billion CN¥5.62 Million CN¥2.57 Billion ▼ -0.1 pp
2021 99.6% CN¥1.05 Billion CN¥3.96 Million CN¥2.26 Billion ▲ +0.0 pp
2020 99.6% CN¥1.05 Billion CN¥4.07 Million CN¥1.98 Billion ▼ 0.0 pp
2019 99.6% CN¥1.17 Billion CN¥4.36 Million CN¥2.13 Billion ▲ +0.1 pp
2018 99.6% CN¥1.12 Billion CN¥4.73 Million CN¥1.93 Billion ▼ 0.0 pp
2017 99.6% CN¥996.79 Million CN¥3.94 Million CN¥1.66 Billion ▼ 0.0 pp
2016 99.7% CN¥888.13 Million CN¥3.06 Million CN¥1.43 Billion ▲ +0.2 pp
2015 99.4% CN¥543.82 Million CN¥3.12 Million CN¥1.18 Billion ▼ 0.0 pp
2014 99.4% CN¥479.78 Million CN¥2.69 Million CN¥754.54 Million ▲ +0.0 pp
2013 99.4% CN¥453.96 Million CN¥2.60 Million CN¥742.22 Million ▲ +0.8 pp
2012 98.6% CN¥416.38 Million CN¥5.86 Million CN¥651.88 Million ▲ +2.3 pp
2011 96.3% CN¥390.06 Million CN¥14.60 Million CN¥707.11 Million
pp = percentage points