Shanghai Supezet Engineering Technology Corp Ltd (688121) — Tangible Net Worth Ratio
Shanghai Supezet Engineering Technology Corp Ltd (688121) has a Tangible Net Worth Ratio of 83.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥458.11 Million) from net assets (CN¥2.83 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 Shanghai Supezet Engineering Technology working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shanghai Supezet Engineering Technology Corp Ltd Tangible Net Worth Ratio (2017–2024)
This chart shows how Shanghai Supezet Engineering Technology Corp Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 83.8%, reflecting net assets of CN¥2.83 Billion with intangible assets of CN¥458.11 Million CNY. See Shanghai Supezet Engineering Technology liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Shanghai Supezet Engineering Technology Corp Ltd (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Supezet Engineering Technology Corp Ltd from 2017 to 2024, covering 8 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 Shanghai Supezet Engineering Technology (688121) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 79.4% | CN¥2.66 Billion | CN¥547.72 Million | CN¥8.71 Billion | ▼ -0.6 pp |
| 2023 | 80.0% | CN¥2.66 Billion | CN¥530.70 Million | CN¥7.65 Billion | ▲ +5.3 pp |
| 2022 | 74.8% | CN¥2.18 Billion | CN¥548.71 Million | CN¥7.69 Billion | ▼ -9.8 pp |
| 2021 | 84.6% | CN¥1.99 Billion | CN¥306.36 Million | CN¥6.73 Billion | ▲ +17.4 pp |
| 2020 | 67.2% | CN¥853.95 Million | CN¥280.06 Million | CN¥6.38 Billion | ▼ -25.8 pp |
| 2019 | 93.0% | CN¥424.58 Million | CN¥29.65 Million | CN¥3.35 Billion | ▲ +2.0 pp |
| 2018 | 91.0% | CN¥310.53 Million | CN¥28.03 Million | CN¥1.72 Billion | ▲ +1.7 pp |
| 2017 | 89.3% | CN¥268.49 Million | CN¥28.73 Million | CN¥1.11 Billion | — |