Jiangsu Longda Superalloy Co. Ltd. A (688231) — Tangible Net Worth Ratio
Jiangsu Longda Superalloy Co. Ltd. A (688231) has a Tangible Net Worth Ratio of 97.8% as of March 2026. This metric is calculated by deducting intangible assets (CN¥60.86 Million) from net assets (CN¥2.81 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 Jiangsu Longda Superalloy Co. Ltd. A (688231) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Jiangsu Longda Superalloy Co. Ltd. A Tangible Net Worth Ratio (2020–2025)
This chart shows how Jiangsu Longda Superalloy Co. Ltd. A's Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 97.8%, reflecting net assets of CN¥2.81 Billion with intangible assets of CN¥60.86 Million CNY. See Jiangsu Longda Superalloy Co. Ltd. A defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Jiangsu Longda Superalloy Co. Ltd. A (2020–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Jiangsu Longda Superalloy Co. Ltd. A from 2020 to 2025, covering 6 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 Jiangsu Longda Superalloy Co. Ltd. A market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.8% | CN¥2.76 Billion | CN¥61.43 Million | CN¥4.23 Billion | ▲ +0.1 pp |
| 2024 | 97.6% | CN¥2.70 Billion | CN¥63.57 Million | CN¥3.57 Billion | ▲ +0.6 pp |
| 2023 | 97.1% | CN¥2.78 Billion | CN¥81.85 Million | CN¥3.36 Billion | ▼ -0.6 pp |
| 2022 | 97.7% | CN¥2.80 Billion | CN¥65.80 Million | CN¥3.17 Billion | ▲ +0.4 pp |
| 2021 | 97.3% | CN¥503.64 Million | CN¥13.77 Million | CN¥1.14 Billion | ▲ +0.4 pp |
| 2020 | 96.9% | CN¥431.09 Million | CN¥13.55 Million | CN¥871.08 Million | — |