Bingo Software Co Ltd (688227) — Tangible Net Worth Ratio

Latest as of September 2025: 89.1%

Bingo Software Co Ltd (688227) has a Tangible Net Worth Ratio of 89.1% as of September 2025. This metric is calculated by deducting intangible assets (CN¥140.61 Million) from net assets (CN¥1.29 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 Bingo Software Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

89.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.29 Billion
CNY

Intangible Assets

CN¥140.61 Million
Goodwill, patents, brand value

Total Assets

CN¥1.97 Billion
CNY

Bingo Software Co Ltd Tangible Net Worth Ratio (2017–2024)

This chart shows how Bingo Software Co Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 89.1%, reflecting net assets of CN¥1.29 Billion with intangible assets of CN¥140.61 Million CNY. For live market cap and overall valuation, see market cap of Bingo Software Co Ltd.

Annual Tangible Net Worth Ratio for Bingo Software Co Ltd (2017–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Bingo Software Co 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 688227 capex to operating cash flow ratio 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 89.3% CN¥1.31 Billion CN¥140.57 Million CN¥1.99 Billion ▼ -0.3 pp
2023 89.5% CN¥1.40 Billion CN¥146.69 Million CN¥1.87 Billion ▼ -0.4 pp
2022 89.9% CN¥1.45 Billion CN¥145.93 Million CN¥1.84 Billion ▼ -0.3 pp
2021 90.3% CN¥1.40 Billion CN¥136.18 Million CN¥1.94 Billion ▲ +22.3 pp
2020 68.0% CN¥429.96 Million CN¥137.80 Million CN¥814.43 Million ▼ -31.0 pp
2019 98.9% CN¥381.50 Million CN¥4.11 Million CN¥739.63 Million ▲ +1.5 pp
2018 97.4% CN¥172.96 Million CN¥4.52 Million CN¥568.17 Million ▼ -0.8 pp
2017 98.2% CN¥135.22 Million CN¥2.48 Million CN¥423.15 Million
pp = percentage points