KEDE Numerical Control Co Ltd (688305) — Tangible Net Worth Ratio
KEDE Numerical Control Co Ltd (688305) has a Tangible Net Worth Ratio of 77.6% as of September 2025. This metric is calculated by deducting intangible assets (CN¥421.19 Million) from net assets (CN¥1.88 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 KEDE Numerical Control Co Ltd book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
KEDE Numerical Control Co Ltd Tangible Net Worth Ratio (2017–2024)
This chart shows how KEDE Numerical Control 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 77.6%, reflecting net assets of CN¥1.88 Billion with intangible assets of CN¥421.19 Million CNY. Also explore KEDE Numerical Control Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for KEDE Numerical Control Co Ltd (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for KEDE Numerical Control 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. For the full company profile including market capitalisation, see KEDE Numerical Control Co Ltd (688305) total market value.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 78.5% | CN¥1.83 Billion | CN¥392.49 Million | CN¥2.26 Billion | ▲ +2.9 pp |
| 2023 | 75.7% | CN¥1.13 Billion | CN¥275.85 Million | CN¥1.50 Billion | ▼ -6.4 pp |
| 2022 | 82.0% | CN¥1.03 Billion | CN¥185.51 Million | CN¥1.34 Billion | ▼ -4.0 pp |
| 2021 | 86.0% | CN¥812.71 Million | CN¥113.77 Million | CN¥990.81 Million | ▲ +0.4 pp |
| 2020 | 85.6% | CN¥548.36 Million | CN¥78.73 Million | CN¥681.84 Million | ▼ -0.1 pp |
| 2019 | 85.7% | CN¥513.29 Million | CN¥73.24 Million | CN¥649.79 Million | ▼ 0.0 pp |
| 2018 | 85.8% | CN¥402.44 Million | CN¥57.33 Million | CN¥567.32 Million | ▲ +16.9 pp |
| 2017 | 68.9% | CN¥143.99 Million | CN¥44.80 Million | CN¥286.25 Million | — |