Shanghai Supezet Engineering Technology Corp Ltd (688121) — Tangible Net Worth Ratio

Latest as of September 2025: 83.8%

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. Also explore 688121 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

83.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥2.83 Billion
CNY

Intangible Assets

CN¥458.11 Million
Goodwill, patents, brand value

Total Assets

CN¥8.53 Billion
CNY

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. For live market cap and overall valuation, see market value of Shanghai Supezet Engineering Technology .

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. Explore 688121 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)
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
pp = percentage points