Suzhou Mingzhi Technology Co. Ltd. A Tangible Net Worth Ratio
Suzhou Mingzhi Technology Co. Ltd. A tangible net worth ratio. Suzhou Mingzhi Technology Co. Ltd. A (688355) has a Tangible Net Worth Ratio of 97.3% as of September 2025. This metric is calculated by deducting intangible assets (CN¥28.32 Million) from net assets (CN¥1.07 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 Suzhou Mingzhi Technology Co. Ltd. A balance sheet independence to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Suzhou Mingzhi Technology Co. Ltd. A (2017–2024)
Tangible net worth ratio of Suzhou Mingzhi Technology Co. Ltd. A from 2017 to 2024. This chart shows how Suzhou Mingzhi Technology Co. Ltd. A's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 97.3%, reflecting net assets of CN¥1.07 Billion with intangible assets of CN¥28.32 Million CNY. See 688355 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Suzhou Mingzhi Technology Co. Ltd. A Tangible Net Worth Ratio by Year (2017–2024)
Suzhou Mingzhi Technology Co. Ltd. A tangible net worth ratio by year from 2017 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Suzhou Mingzhi Technology Co. Ltd. A 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 live market cap and overall valuation, see 688355 market cap.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.3% | CN¥1.08 Billion | CN¥29.52 Million | CN¥1.32 Billion | ▼ -0.2 pp |
| 2023 | 97.5% | CN¥1.06 Billion | CN¥26.93 Million | CN¥1.39 Billion | ▼ -0.1 pp |
| 2022 | 97.5% | CN¥1.07 Billion | CN¥26.24 Million | CN¥1.46 Billion | ▼ -0.7 pp |
| 2021 | 98.2% | CN¥1.07 Billion | CN¥19.27 Million | CN¥1.41 Billion | ▲ +2.5 pp |
| 2020 | 95.7% | CN¥454.07 Million | CN¥19.51 Million | CN¥783.58 Million | ▲ +1.5 pp |
| 2019 | 94.2% | CN¥335.35 Million | CN¥19.32 Million | CN¥742.81 Million | ▲ +0.4 pp |
| 2018 | 93.9% | CN¥275.48 Million | CN¥16.87 Million | CN¥675.35 Million | ▼ -0.1 pp |
| 2017 | 94.0% | CN¥261.65 Million | CN¥15.66 Million | CN¥569.18 Million | — |