Road Environment Technology Co. Ltd. A (688156) — Tangible Net Worth Ratio
Road Environment Technology Co. Ltd. A (688156) has a Tangible Net Worth Ratio of 80.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥162.99 Million) from net assets (CN¥813.80 Million) 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 Road Environment Technology Co. Ltd. A 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
Road Environment Technology Co. Ltd. A Tangible Net Worth Ratio (2019–2025)
This chart shows how Road Environment 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 80.0%, reflecting net assets of CN¥813.80 Million with intangible assets of CN¥162.99 Million CNY. See 688156 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Road Environment Technology Co. Ltd. A (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Road Environment 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 Road Environment Technology Co. Ltd. A (688156) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 79.5% | CN¥801.24 Million | CN¥163.92 Million | CN¥1.92 Billion | ▼ -5.3 pp |
| 2024 | 84.9% | CN¥872.87 Million | CN¥132.06 Million | CN¥1.73 Billion | ▼ -1.0 pp |
| 2023 | 85.8% | CN¥946.08 Million | CN¥134.03 Million | CN¥1.59 Billion | ▼ -7.3 pp |
| 2022 | 93.1% | CN¥830.95 Million | CN¥57.00 Million | CN¥1.20 Billion | ▲ +0.4 pp |
| 2021 | 92.8% | CN¥813.19 Million | CN¥58.84 Million | CN¥1.00 Billion | ▼ -3.7 pp |
| 2020 | 96.5% | CN¥741.93 Million | CN¥26.23 Million | CN¥878.79 Million | ▲ +3.7 pp |
| 2019 | 92.8% | CN¥371.45 Million | CN¥26.83 Million | CN¥526.87 Million | — |