Leedarson IoT Technology Inc (605365) — Tangible Net Worth Ratio

Latest as of March 2026: 96.7%

Leedarson IoT Technology Inc (605365) has a Tangible Net Worth Ratio of 96.7% as of March 2026. This metric is calculated by deducting intangible assets (CN¥127.21 Million) from net assets (CN¥3.80 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 605365 net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

96.7%
Tangible equity / total equity

Net Assets (Equity)

CN¥3.80 Billion
CNY

Intangible Assets

CN¥127.21 Million
Goodwill, patents, brand value

Total Assets

CN¥6.50 Billion
CNY

Leedarson IoT Technology Inc Tangible Net Worth Ratio (2017–2025)

This chart shows how Leedarson IoT Technology Inc's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 96.7%, reflecting net assets of CN¥3.80 Billion with intangible assets of CN¥127.21 Million CNY. For live market cap and overall valuation, see Leedarson IoT Technology Inc stock valuation.

Annual Tangible Net Worth Ratio for Leedarson IoT Technology Inc (2017–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Leedarson IoT Technology Inc from 2017 to 2025, covering 9 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 605365 capital expenditure intensity 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 96.5% CN¥3.82 Billion CN¥131.99 Million CN¥6.86 Billion ▲ +0.2 pp
2024 96.4% CN¥3.79 Billion CN¥137.69 Million CN¥6.68 Billion ▼ -0.2 pp
2023 96.5% CN¥3.52 Billion CN¥122.01 Million CN¥6.01 Billion ▲ +0.5 pp
2022 96.0% CN¥3.32 Billion CN¥131.37 Million CN¥5.70 Billion ▲ +0.8 pp
2021 95.3% CN¥2.90 Billion CN¥136.81 Million CN¥5.68 Billion ▲ +2.8 pp
2020 92.5% CN¥1.83 Billion CN¥136.75 Million CN¥4.05 Billion ▲ +0.7 pp
2019 91.8% CN¥1.38 Billion CN¥113.16 Million CN¥3.45 Billion ▼ -0.5 pp
2018 92.3% CN¥1.01 Billion CN¥77.85 Million CN¥3.17 Billion ▲ +1.7 pp
2017 90.6% CN¥862.57 Million CN¥81.32 Million CN¥3.87 Billion
pp = percentage points