Suzhou Mingzhi Technology Co. Ltd. A (688355) — 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. Also explore Suzhou Mingzhi Technology Co. Ltd. A (688355) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Suzhou Mingzhi Technology Co. Ltd. A Tangible Net Worth Ratio (2017–2024)
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. For live market cap and overall valuation, see market cap of Suzhou Mingzhi Technology Co. Ltd. A.
Annual Tangible Net Worth Ratio for Suzhou Mingzhi Technology Co. Ltd. A (2017–2024)
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. Explore 688355 capex to operating cash flow 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 | 97.3% | 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 | — |