Kung Sing Engineering Corp (5521) — Tangible Net Worth Ratio

Latest as of September 2025: 99.9%

Kung Sing Engineering Corp (5521) has a Tangible Net Worth Ratio of 99.9% as of September 2025. This metric is calculated by deducting intangible assets (NT$6.28 Million) from net assets (NT$5.55 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 Kung Sing Engineering Corp (5521) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.9%
Tangible equity / total equity

Net Assets (Equity)

NT$5.55 Billion
TWD

Intangible Assets

NT$6.28 Million
Goodwill, patents, brand value

Total Assets

NT$13.21 Billion
TWD

Kung Sing Engineering Corp Tangible Net Worth Ratio (2002–2024)

This chart shows how Kung Sing Engineering Corp's Tangible Net Worth Ratio has changed across 23 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 99.9%, reflecting net assets of NT$5.55 Billion with intangible assets of NT$6.28 Million TWD. See defensive interval ratio of Kung Sing Engineering Corp to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Kung Sing Engineering Corp (2002–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Kung Sing Engineering Corp from 2002 to 2024, covering 23 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 5521 company net worth.

Year Tangible NW Ratio Net Assets (TWD) Intangible Assets Total Assets Change (pp)
2024 99.9% NT$5.38 Billion NT$6.07 Million NT$12.08 Billion ▼ 0.0 pp
2023 99.9% NT$5.40 Billion NT$5.39 Million NT$8.75 Billion ▼ 0.0 pp
2022 99.9% NT$5.28 Billion NT$5.09 Million NT$7.33 Billion ▼ -0.1 pp
2021 100.0% NT$5.28 Billion NT$2.09 Million NT$7.80 Billion ▲ +0.0 pp
2020 99.9% NT$5.58 Billion NT$4.15 Million NT$8.33 Billion ▲ +0.1 pp
2019 99.9% NT$4.53 Billion NT$5.82 Million NT$9.52 Billion ▼ -0.1 pp
2018 100.0% NT$3.82 Billion NT$0.00 NT$9.85 Billion ▲ +0.0 pp
2017 100.0% NT$4.06 Billion NT$0.00 NT$8.55 Billion ▲ +0.0 pp
2016 100.0% NT$4.33 Billion NT$0.00 NT$8.47 Billion ▲ +0.0 pp
2015 100.0% NT$4.15 Billion NT$0.00 NT$8.89 Billion ▲ +71.5 pp
2014 28.5% NT$4.06 Billion NT$2.91 Billion NT$9.15 Billion ▼ -71.5 pp
2013 100.0% NT$4.27 Billion NT$0.00 NT$9.25 Billion ▲ +0.0 pp
2012 100.0% NT$4.24 Billion NT$485.00K NT$9.07 Billion ▼ 0.0 pp
2011 100.0% NT$4.31 Billion NT$485.00K NT$7.69 Billion ▼ 0.0 pp
2010 100.0% NT$4.20 Billion NT$418.00K NT$8.30 Billion ▼ 0.0 pp
2009 100.0% NT$3.94 Billion NT$348.00K NT$8.40 Billion ▲ +0.0 pp
2008 100.0% NT$3.84 Billion NT$405.00K NT$7.31 Billion ▲ +0.0 pp
2007 100.0% NT$4.13 Billion NT$519.00K NT$8.25 Billion ▲ +0.0 pp
2006 100.0% NT$3.09 Billion NT$491.00K NT$8.15 Billion ▼ 0.0 pp
2005 100.0% NT$2.64 Billion NT$0.00 NT$6.05 Billion ▲ +0.0 pp
2004 100.0% NT$2.50 Billion NT$0.00 NT$5.82 Billion ▲ +0.0 pp
2003 100.0% NT$1.67 Billion NT$0.00 NT$5.28 Billion ▲ +0.0 pp
2002 100.0% NT$1.64 Billion NT$0.00 NT$4.61 Billion
pp = percentage points