Tianjin Meiteng Technology Co. Ltd. A (688420) — Tangible Net Worth Ratio
Tianjin Meiteng Technology Co. Ltd. A (688420) has a Tangible Net Worth Ratio of 98.5% as of March 2026. This metric is calculated by deducting intangible assets (CN¥21.51 Million) from net assets (CN¥1.46 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 Tianjin Meiteng Technology Co. Ltd. A to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tianjin Meiteng Technology Co. Ltd. A Tangible Net Worth Ratio (2020–2025)
This chart shows how Tianjin Meiteng Technology Co. Ltd. A's Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 98.5%, reflecting net assets of CN¥1.46 Billion with intangible assets of CN¥21.51 Million CNY. For live market cap and overall valuation, see how much is Tianjin Meiteng Technology Co. Ltd. A worth.
Annual Tangible Net Worth Ratio for Tianjin Meiteng Technology Co. Ltd. A (2020–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Tianjin Meiteng Technology Co. Ltd. A from 2020 to 2025, covering 6 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 reinvestment intensity of Tianjin Meiteng Technology Co. Ltd. A 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) |
|---|---|---|---|---|---|
| 2025 | 98.5% | CN¥1.46 Billion | CN¥21.67 Million | CN¥1.90 Billion | ▲ +0.1 pp |
| 2024 | 98.5% | CN¥1.48 Billion | CN¥22.79 Million | CN¥1.86 Billion | ▼ 0.0 pp |
| 2023 | 98.5% | CN¥1.49 Billion | CN¥22.78 Million | CN¥1.82 Billion | ▲ +0.1 pp |
| 2022 | 98.3% | CN¥1.44 Billion | CN¥24.23 Million | CN¥1.79 Billion | ▼ -1.3 pp |
| 2021 | 99.6% | CN¥344.70 Million | CN¥1.43 Million | CN¥706.57 Million | ▼ -0.1 pp |
| 2020 | 99.6% | CN¥237.73 Million | CN¥860.26K | CN¥502.62 Million | — |