Niutech Environment Technology Corp (688309) — Tangible Net Worth Ratio
Niutech Environment Technology Corp (688309) has a Tangible Net Worth Ratio of 94.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥51.49 Million) from net assets (CN¥898.08 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 Niutech Environment Technology Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Niutech Environment Technology Corp Tangible Net Worth Ratio (2015–2025)
This chart shows how Niutech Environment Technology Corp's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 94.3%, reflecting net assets of CN¥898.08 Million with intangible assets of CN¥51.49 Million CNY. See operational self-sufficiency of Niutech Environment Technology Corp to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Niutech Environment Technology Corp (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Niutech Environment Technology Corp from 2015 to 2025, covering 11 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 688309 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 93.6% | CN¥800.83 Million | CN¥51.37 Million | CN¥1.02 Billion | ▼ -2.0 pp |
| 2024 | 95.6% | CN¥748.95 Million | CN¥33.27 Million | CN¥915.58 Million | ▼ -0.9 pp |
| 2023 | 96.4% | CN¥725.45 Million | CN¥25.96 Million | CN¥852.12 Million | ▲ +0.2 pp |
| 2022 | 96.3% | CN¥711.70 Million | CN¥26.58 Million | CN¥829.32 Million | ▲ +0.1 pp |
| 2021 | 96.1% | CN¥702.45 Million | CN¥27.19 Million | CN¥757.59 Million | ▲ +0.0 pp |
| 2020 | 96.1% | CN¥711.64 Million | CN¥27.80 Million | CN¥782.98 Million | ▲ +8.6 pp |
| 2019 | 87.5% | CN¥226.72 Million | CN¥28.44 Million | CN¥349.68 Million | ▼ -3.0 pp |
| 2018 | 90.4% | CN¥170.03 Million | CN¥16.26 Million | CN¥302.01 Million | ▼ -9.3 pp |
| 2017 | 99.8% | CN¥91.09 Million | CN¥202.50K | CN¥140.96 Million | ▲ +0.4 pp |
| 2016 | 99.4% | CN¥49.36 Million | CN¥292.50K | CN¥111.43 Million | ▲ +0.5 pp |
| 2015 | 98.9% | CN¥34.21 Million | CN¥382.50K | CN¥48.30 Million | — |