Joulwatt Technology Co. Ltd. A (688141) — Tangible Net Worth Ratio

Latest as of March 2026: 74.2%

Joulwatt Technology Co. Ltd. A (688141) has a Tangible Net Worth Ratio of 74.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥404.51 Million) from net assets (CN¥1.57 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.

Tangible NW Ratio

74.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.57 Billion
CNY

Intangible Assets

CN¥404.51 Million
Goodwill, patents, brand value

Total Assets

CN¥5.61 Billion
CNY

Joulwatt Technology Co. Ltd. A Tangible Net Worth Ratio (2019–2025)

This chart shows how Joulwatt Technology Co. Ltd. A's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 74.2%, reflecting net assets of CN¥1.57 Billion with intangible assets of CN¥404.51 Million CNY. Also explore how fast is Joulwatt Technology Co. Ltd. A growing its equity to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Joulwatt Technology Co. Ltd. A (2019–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Joulwatt Technology Co. Ltd. A from 2019 to 2025, covering 7 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 688141 market cap overview.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 94.5% CN¥7.53 Billion CN¥413.98 Million CN¥5.34 Billion ▼ -2.5 pp
2024 97.0% CN¥2.12 Billion CN¥63.36 Million CN¥4.20 Billion ▼ -1.8 pp
2023 98.8% CN¥2.67 Billion CN¥30.97 Million CN¥4.23 Billion ▼ -0.2 pp
2022 99.0% CN¥3.14 Billion CN¥30.01 Million CN¥4.36 Billion ▲ +3.0 pp
2021 96.1% CN¥937.08 Million CN¥36.73 Million CN¥1.17 Billion ▲ +4.3 pp
2020 91.7% CN¥461.95 Million CN¥38.15 Million CN¥688.04 Million ▼ -8.0 pp
2019 99.7% CN¥23.59 Million CN¥59.47K CN¥264.27 Million
pp = percentage points