Dareway Software Co Ltd (688579) — Tangible Net Worth Ratio

Latest as of September 2025: 93.2%

Dareway Software Co Ltd (688579) has a Tangible Net Worth Ratio of 93.2% as of September 2025. This metric is calculated by deducting intangible assets (CN¥93.23 Million) from net assets (CN¥1.38 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 working capital position of Dareway Software Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

93.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.38 Billion
CNY

Intangible Assets

CN¥93.23 Million
Goodwill, patents, brand value

Total Assets

CN¥1.63 Billion
CNY

Dareway Software Co Ltd Tangible Net Worth Ratio (2012–2024)

This chart shows how Dareway Software Co Ltd's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 93.2%, reflecting net assets of CN¥1.38 Billion with intangible assets of CN¥93.23 Million CNY. See 688579 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Dareway Software Co Ltd (2012–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Dareway Software Co Ltd from 2012 to 2024, covering 13 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 Dareway Software Co Ltd market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 92.8% CN¥1.37 Billion CN¥99.35 Million CN¥1.71 Billion ▲ +0.7 pp
2023 92.1% CN¥1.34 Billion CN¥106.19 Million CN¥1.73 Billion ▼ -0.9 pp
2022 93.0% CN¥1.30 Billion CN¥90.60 Million CN¥1.69 Billion ▼ -1.4 pp
2021 94.4% CN¥1.27 Billion CN¥70.93 Million CN¥1.72 Billion ▼ -1.1 pp
2020 95.5% CN¥1.21 Billion CN¥54.24 Million CN¥1.65 Billion ▲ +0.9 pp
2019 94.6% CN¥840.74 Million CN¥45.53 Million CN¥1.06 Billion ▼ -0.5 pp
2018 95.1% CN¥794.96 Million CN¥39.12 Million CN¥1.06 Billion ▼ -4.6 pp
2017 99.7% CN¥521.55 Million CN¥1.65 Million CN¥692.09 Million ▲ +0.8 pp
2016 98.9% CN¥242.48 Million CN¥2.64 Million CN¥391.86 Million ▲ +0.8 pp
2015 98.1% CN¥188.19 Million CN¥3.63 Million CN¥374.35 Million ▲ +0.5 pp
2014 97.5% CN¥112.49 Million CN¥2.79 Million CN¥256.14 Million ▼ -2.2 pp
2013 99.7% CN¥82.27 Million CN¥250.27K CN¥147.99 Million ▼ -0.2 pp
2012 99.9% CN¥51.77 Million CN¥49.87K CN¥120.00 Million
pp = percentage points