Ludan Engineering Co. Ltd (LUDN) — Tangible Net Worth Ratio
Ludan Engineering Co. Ltd (LUDN) has a Tangible Net Worth Ratio of 73.0% as of June 2026. This metric is calculated by deducting intangible assets (ILA21.70 Million) from net assets (ILA80.29 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 Ludan Engineering Co. Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ludan Engineering Co. Ltd Tangible Net Worth Ratio (2004–2025)
This chart shows how Ludan Engineering Co. Ltd's Tangible Net Worth Ratio has changed across 20 annual periods from 2004 to 2025. As of June 2026, the ratio stands at 73.0%, reflecting net assets of ILA80.29 Million with intangible assets of ILA21.70 Million ILA. For live market cap and overall valuation, see LUDN market cap.
Annual Tangible Net Worth Ratio for Ludan Engineering Co. Ltd (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Ludan Engineering Co. Ltd from 2004 to 2025, covering 20 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 LUDN capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (ILA) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 93.4% | ILA84.31 Million | ILA5.59 Million | ILA266.39 Million | ▲ +5.2 pp |
| 2024 | 88.2% | ILA143.01 Million | ILA16.90 Million | ILA487.36 Million | ▲ +1.8 pp |
| 2023 | 86.4% | ILA142.32 Million | ILA19.32 Million | ILA433.65 Million | ▼ -0.8 pp |
| 2022 | 87.3% | ILA131.66 Million | ILA16.76 Million | ILA389.57 Million | ▲ +4.4 pp |
| 2021 | 82.9% | ILA82.07 Million | ILA14.06 Million | ILA358.12 Million | ▲ +1.5 pp |
| 2020 | 81.4% | ILA70.89 Million | ILA13.22 Million | ILA349.71 Million | ▼ -4.4 pp |
| 2019 | 85.7% | ILA73.53 Million | ILA10.49 Million | ILA380.44 Million | ▼ 0.0 pp |
| 2018 | 85.8% | ILA71.37 Million | ILA10.16 Million | ILA352.11 Million | ▼ -1.5 pp |
| 2017 | 87.2% | ILA83.38 Million | ILA10.65 Million | ILA368.27 Million | ▲ +2.6 pp |
| 2016 | 84.6% | ILA74.04 Million | ILA11.37 Million | ILA351.63 Million | ▲ +7.3 pp |
| 2015 | 77.4% | ILA66.46 Million | ILA15.03 Million | ILA382.77 Million | ▼ -5.4 pp |
| 2014 | 82.8% | ILA74.55 Million | ILA12.84 Million | ILA301.58 Million | ▼ -3.8 pp |
| 2013 | 86.6% | ILA83.69 Million | ILA11.20 Million | ILA325.84 Million | ▼ -6.0 pp |
| 2012 | 92.6% | ILA82.20 Million | ILA6.10 Million | ILA278.64 Million | ▲ +146.8 pp |
| 2011 | -54.2% | ILA81.16 Million | ILA125.13 Million | ILA235.25 Million | ▼ -125.9 pp |
| 2010 | 71.7% | ILA82.12 Million | ILA23.24 Million | ILA227.66 Million | ▲ +6.0 pp |
| 2009 | 65.7% | ILA83.70 Million | ILA28.68 Million | ILA254.84 Million | ▲ +8.6 pp |
| 2008 | 57.2% | ILA78.27 Million | ILA33.53 Million | ILA250.30 Million | ▼ -34.0 pp |
| 2005 | 91.2% | ILA27.16 Million | ILA2.40 Million | ILA122.29 Million | ▼ -7.6 pp |
| 2004 | 98.7% | ILA17.96 Million | ILA225.00K | ILA73.84 Million | — |