Shanghai New Centurion Network Information Technology Co Ltd (605398) — Tangible Net Worth Ratio
Shanghai New Centurion Network Information Technology Co Ltd (605398) has a Tangible Net Worth Ratio of 99.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥602.19K) from net assets (CN¥1.04 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 605398 net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shanghai New Centurion Network Information Technology Co Ltd Tangible Net Worth Ratio (2016–2025)
This chart shows how Shanghai New Centurion Network Information Technology Co Ltd's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 99.9%, reflecting net assets of CN¥1.04 Billion with intangible assets of CN¥602.19K CNY. For live market cap and overall valuation, see market cap of Shanghai New Centurion Network Informati.
Annual Tangible Net Worth Ratio for Shanghai New Centurion Network Information Technology Co Ltd (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai New Centurion Network Information Technology Co Ltd from 2016 to 2025, covering 10 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 605398 capex to operating 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 | 99.9% | CN¥1.04 Billion | CN¥661.07K | CN¥1.24 Billion | ▲ +0.0 pp |
| 2024 | 99.9% | CN¥1.02 Billion | CN¥833.20K | CN¥1.21 Billion | ▲ +0.0 pp |
| 2023 | 99.9% | CN¥1.07 Billion | CN¥1.04 Million | CN¥1.27 Billion | ▲ +0.0 pp |
| 2022 | 99.9% | CN¥1.02 Billion | CN¥1.26 Million | CN¥1.23 Billion | ▼ 0.0 pp |
| 2021 | 99.9% | CN¥976.40 Million | CN¥976.78K | CN¥1.26 Billion | ▲ +0.2 pp |
| 2020 | 99.7% | CN¥415.64 Million | CN¥1.04 Million | CN¥662.92 Million | ▲ +0.1 pp |
| 2019 | 99.6% | CN¥327.10 Million | CN¥1.16 Million | CN¥547.04 Million | ▲ +0.2 pp |
| 2018 | 99.5% | CN¥239.47 Million | CN¥1.28 Million | CN¥447.62 Million | ▲ +0.1 pp |
| 2017 | 99.4% | CN¥188.67 Million | CN¥1.21 Million | CN¥364.83 Million | ▲ +0.4 pp |
| 2016 | 99.0% | CN¥123.03 Million | CN¥1.25 Million | CN¥227.41 Million | — |