Shenyang Fortune Precision Equipment Co. Ltd. A (688409) — Tangible Net Worth Ratio
Shenyang Fortune Precision Equipment Co. Ltd. A (688409) has a Tangible Net Worth Ratio of 96.7% as of June 2025. This metric is calculated by deducting intangible assets (CN¥153.80 Million) from net assets (CN¥4.66 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 Shenyang Fortune Precision Equipment Co. net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shenyang Fortune Precision Equipment Co. Ltd. A Tangible Net Worth Ratio (2020–2024)
This chart shows how Shenyang Fortune Precision Equipment Co. Ltd. A's Tangible Net Worth Ratio has changed across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 96.7%, reflecting net assets of CN¥4.66 Billion with intangible assets of CN¥153.80 Million CNY. Also explore 688409 net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Shenyang Fortune Precision Equipment Co. Ltd. A (2020–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shenyang Fortune Precision Equipment Co. Ltd. A from 2020 to 2024, covering 5 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 688409 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.7% | CN¥4.70 Billion | CN¥153.71 Million | CN¥8.36 Billion | ▼ -0.2 pp |
| 2023 | 97.0% | CN¥4.76 Billion | CN¥144.91 Million | CN¥7.59 Billion | ▼ -0.1 pp |
| 2022 | 97.1% | CN¥4.77 Billion | CN¥139.01 Million | CN¥6.64 Billion | ▲ +9.5 pp |
| 2021 | 87.6% | CN¥1.09 Billion | CN¥135.86 Million | CN¥2.49 Billion | ▼ -4.4 pp |
| 2020 | 92.0% | CN¥916.94 Million | CN¥73.32 Million | CN¥1.46 Billion | — |