Nextool Technology Co. Ltd. A (688419) — Tangible Net Worth Ratio

Latest as of June 2025: 98.5%

Nextool Technology Co. Ltd. A (688419) has a Tangible Net Worth Ratio of 98.5% as of June 2025. This metric is calculated by deducting intangible assets (CN¥15.36 Million) from net assets (CN¥1.00 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 growth rate of Nextool Technology Co. Ltd. A to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

98.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.00 Billion
CNY

Intangible Assets

CN¥15.36 Million
Goodwill, patents, brand value

Total Assets

CN¥1.22 Billion
CNY

Nextool Technology Co. Ltd. A Tangible Net Worth Ratio (2020–2024)

This chart shows how Nextool Technology 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 98.5%, reflecting net assets of CN¥1.00 Billion with intangible assets of CN¥15.36 Million CNY. For live market cap and overall valuation, see 688419 market cap.

Annual Tangible Net Worth Ratio for Nextool Technology Co. Ltd. A (2020–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Nextool Technology 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. Explore Nextool Technology Co. Ltd. A capital 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 98.4% CN¥1.01 Billion CN¥15.70 Million CN¥1.22 Billion ▲ +0.1 pp
2023 98.4% CN¥970.79 Million CN¥15.79 Million CN¥1.14 Billion ▲ +0.1 pp
2022 98.3% CN¥942.96 Million CN¥16.20 Million CN¥1.13 Billion ▲ +6.6 pp
2021 91.7% CN¥184.42 Million CN¥15.35 Million CN¥382.88 Million ▲ +3.4 pp
2020 88.2% CN¥131.29 Million CN¥15.43 Million CN¥241.52 Million
pp = percentage points