Henan Shijia Photons Technology Co Ltd (688313) — Tangible Net Worth Ratio

Latest as of September 2025: 97.7%

Henan Shijia Photons Technology Co Ltd (688313) has a Tangible Net Worth Ratio of 97.7% as of September 2025. This metric is calculated by deducting intangible assets (CN¥33.59 Million) from net assets (CN¥1.48 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 net asset momentum of Henan Shijia Photons Technology Co Ltd to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

97.7%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.48 Billion
CNY

Intangible Assets

CN¥33.59 Million
Goodwill, patents, brand value

Total Assets

CN¥2.55 Billion
CNY

Henan Shijia Photons Technology Co Ltd Tangible Net Worth Ratio (2017–2024)

This chart shows how Henan Shijia Photons Technology 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 97.7%, reflecting net assets of CN¥1.48 Billion with intangible assets of CN¥33.59 Million CNY. For live market cap and overall valuation, see Henan Shijia Photons Technology Co Ltd market cap and net worth.

Annual Tangible Net Worth Ratio for Henan Shijia Photons Technology Co Ltd (2017–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Henan Shijia Photons Technology 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 Henan Shijia Photons Technology Co Ltd (688313) reinvestment 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 97.1% CN¥1.20 Billion CN¥34.53 Million CN¥1.78 Billion ▲ +0.4 pp
2023 96.7% CN¥1.13 Billion CN¥37.25 Million CN¥1.48 Billion ▲ +0.0 pp
2022 96.7% CN¥1.20 Billion CN¥39.75 Million CN¥1.57 Billion ▼ -0.6 pp
2021 97.3% CN¥1.20 Billion CN¥33.01 Million CN¥1.57 Billion ▲ +0.2 pp
2020 97.0% CN¥1.17 Billion CN¥35.00 Million CN¥1.50 Billion ▲ +2.3 pp
2019 94.7% CN¥691.77 Million CN¥36.39 Million CN¥993.32 Million ▲ +0.3 pp
2018 94.4% CN¥665.69 Million CN¥37.01 Million CN¥1.12 Billion ▲ +0.4 pp
2017 94.0% CN¥639.47 Million CN¥38.16 Million CN¥1.03 Billion
pp = percentage points