Wave Cyber Shanghai Co Ltd Tangible Net Worth Ratio

Latest as of September 2025: 92.1%

Wave Cyber Shanghai Co Ltd tangible net worth ratio. Wave Cyber Shanghai Co Ltd (688718) has a Tangible Net Worth Ratio of 92.1% as of September 2025. This metric is calculated by deducting intangible assets (CN¥61.80 Million) from net assets (CN¥778.33 Million) 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 Wave Cyber Shanghai Co Ltd to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

92.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥778.33 Million
CNY

Intangible Assets

CN¥61.80 Million
Goodwill, patents, brand value

Total Assets

CN¥920.04 Million
CNY

Tangible Net Worth Ratio of Wave Cyber Shanghai Co Ltd (2017–2024)

Tangible net worth ratio of Wave Cyber Shanghai Co Ltd from 2017 to 2024. This chart shows how Wave Cyber Shanghai Co Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 92.1%, reflecting net assets of CN¥778.33 Million with intangible assets of CN¥61.80 Million CNY.

Wave Cyber Shanghai Co Ltd Tangible Net Worth Ratio by Year (2017–2024)

Wave Cyber Shanghai Co Ltd tangible net worth ratio by year from 2017 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Wave Cyber Shanghai Co Ltd 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. For live market cap and overall valuation, see market cap of Wave Cyber Shanghai Co Ltd.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 91.8% CN¥772.53 Million CN¥63.01 Million CN¥911.46 Million ▲ +0.3 pp
2023 91.6% CN¥765.68 Million CN¥64.61 Million CN¥873.20 Million ▲ +0.8 pp
2022 90.8% CN¥717.20 Million CN¥66.21 Million CN¥848.76 Million ▲ +0.7 pp
2021 90.1% CN¥684.33 Million CN¥67.82 Million CN¥780.52 Million ▲ +6.2 pp
2020 83.9% CN¥431.42 Million CN¥69.42 Million CN¥564.68 Million ▼ -8.4 pp
2019 92.3% CN¥428.67 Million CN¥32.90 Million CN¥544.34 Million ▼ -2.3 pp
2018 94.6% CN¥362.89 Million CN¥19.59 Million CN¥424.47 Million ▲ +1.2 pp
2017 93.4% CN¥306.42 Million CN¥20.12 Million CN¥371.91 Million —
pp = percentage points