San Far Property Ltd (9946) — Tangible Net Worth Ratio
San Far Property Ltd (9946) has a Tangible Net Worth Ratio of 99.8% as of December 2025. This metric is calculated by deducting intangible assets (NT$15.81 Million) from net assets (NT$6.73 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 San Far Property Ltd (9946) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
San Far Property Ltd Tangible Net Worth Ratio (2002–2025)
This chart shows how San Far Property Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 99.8%, reflecting net assets of NT$6.73 Billion with intangible assets of NT$15.81 Million TWD. See defensive interval ratio of San Far Property Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for San Far Property Ltd (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for San Far Property Ltd from 2002 to 2025, covering 24 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 San Far Property Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (TWD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.8% | NT$6.73 Billion | NT$15.81 Million | NT$17.26 Billion | ▼ -0.2 pp |
| 2024 | 100.0% | NT$6.71 Billion | NT$0.00 | NT$16.51 Billion | ▲ +0.2 pp |
| 2023 | 99.8% | NT$6.48 Billion | NT$15.35 Million | NT$15.74 Billion | ▲ +0.0 pp |
| 2022 | 99.8% | NT$6.46 Billion | NT$15.51 Million | NT$15.48 Billion | ▲ +0.0 pp |
| 2021 | 99.7% | NT$6.54 Billion | NT$16.68 Million | NT$15.31 Billion | ▲ +0.0 pp |
| 2020 | 99.7% | NT$6.54 Billion | NT$17.66 Million | NT$10.88 Billion | ▼ 0.0 pp |
| 2019 | 99.8% | NT$6.71 Billion | NT$15.71 Million | NT$11.56 Billion | ▲ +0.1 pp |
| 2018 | 99.7% | NT$5.19 Billion | NT$14.83 Million | NT$11.65 Billion | ▲ +0.2 pp |
| 2017 | 99.6% | NT$5.00 Billion | NT$22.42 Million | NT$11.08 Billion | ▲ +0.1 pp |
| 2016 | 99.5% | NT$4.74 Billion | NT$24.92 Million | NT$10.20 Billion | ▼ -0.2 pp |
| 2015 | 99.6% | NT$4.64 Billion | NT$17.36 Million | NT$11.07 Billion | ▲ +0.1 pp |
| 2014 | 99.5% | NT$3.33 Billion | NT$16.90 Million | NT$12.43 Billion | ▼ -0.4 pp |
| 2013 | 99.9% | NT$3.78 Billion | NT$3.64 Million | NT$10.23 Billion | ▼ -0.1 pp |
| 2012 | 100.0% | NT$3.40 Billion | NT$30.00K | NT$9.85 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | NT$2.25 Billion | NT$48.00K | NT$7.09 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | NT$1.13 Billion | NT$66.00K | NT$4.44 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | NT$617.00 Million | NT$83.00K | NT$1.25 Billion | ▼ 0.0 pp |
| 2008 | 100.0% | NT$364.96 Million | NT$0.00 | NT$789.82 Million | ▲ +0.0 pp |
| 2007 | 100.0% | NT$263.32 Million | NT$0.00 | NT$381.69 Million | ▲ +0.0 pp |
| 2006 | 100.0% | NT$292.19 Million | NT$0.00 | NT$408.51 Million | ▲ +0.0 pp |
| 2005 | 100.0% | NT$285.46 Million | NT$0.00 | NT$409.20 Million | ▲ +0.0 pp |
| 2004 | 100.0% | NT$274.45 Million | NT$0.00 | NT$357.00 Million | ▲ +0.0 pp |
| 2003 | 100.0% | NT$256.17 Million | NT$0.00 | NT$338.70 Million | ▲ +0.0 pp |
| 2002 | 100.0% | NT$244.98 Million | NT$0.00 | NT$297.31 Million | — |