Zhejiang HangKe Technology Co Ltd (688006) — Tangible Net Worth Ratio

Latest as of September 2025: 96.0%

Zhejiang HangKe Technology Co Ltd (688006) has a Tangible Net Worth Ratio of 96.0% as of September 2025. This metric is calculated by deducting intangible assets (CN¥217.49 Million) from net assets (CN¥5.48 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 Zhejiang HangKe Technology Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

96.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥5.48 Billion
CNY

Intangible Assets

CN¥217.49 Million
Goodwill, patents, brand value

Total Assets

CN¥9.85 Billion
CNY

Zhejiang HangKe Technology Co Ltd Tangible Net Worth Ratio (2015–2024)

This chart shows how Zhejiang HangKe Technology Co Ltd's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 96.0%, reflecting net assets of CN¥5.48 Billion with intangible assets of CN¥217.49 Million CNY. See 688006 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Zhejiang HangKe Technology Co Ltd (2015–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Zhejiang HangKe Technology Co Ltd from 2015 to 2024, 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. For the full company profile including market capitalisation, see Zhejiang HangKe Technology Co Ltd market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 96.2% CN¥5.16 Billion CN¥197.06 Million CN¥9.77 Billion ▼ -0.2 pp
2023 96.4% CN¥5.12 Billion CN¥184.87 Million CN¥10.22 Billion ▲ +1.6 pp
2022 94.8% CN¥3.35 Billion CN¥175.50 Million CN¥7.97 Billion ▼ -0.4 pp
2021 95.1% CN¥2.82 Billion CN¥137.77 Million CN¥5.77 Billion ▼ -1.1 pp
2020 96.2% CN¥2.57 Billion CN¥96.54 Million CN¥3.88 Billion ▲ +0.6 pp
2019 95.6% CN¥2.22 Billion CN¥97.78 Million CN¥3.83 Billion ▲ +6.2 pp
2018 89.4% CN¥911.54 Million CN¥96.49 Million CN¥2.31 Billion ▲ +4.4 pp
2017 85.0% CN¥660.33 Million CN¥98.91 Million CN¥1.84 Billion ▼ -10.4 pp
2016 95.5% CN¥486.21 Million CN¥22.07 Million CN¥1.25 Billion ▼ -4.5 pp
2015 99.9% CN¥113.92 Million CN¥94.61K CN¥476.34 Million
pp = percentage points