Cayman Tung Ling Co Ltd (2924) — Tangible Net Worth Ratio
Cayman Tung Ling Co Ltd (2924) has a Tangible Net Worth Ratio of 99.5% as of December 2025. This metric is calculated by deducting intangible assets (NT$2.37 Million) from net assets (NT$474.68 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. See what is Cayman Tung Ling Co Ltd's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Cayman Tung Ling Co Ltd Tangible Net Worth Ratio (2015–2025)
This chart shows how Cayman Tung Ling Co Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 99.5%, reflecting net assets of NT$474.68 Million with intangible assets of NT$2.37 Million TWD. Also explore 2924 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Cayman Tung Ling Co Ltd (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Cayman Tung Ling Co Ltd from 2015 to 2025, covering 11 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 Cayman Tung Ling Co Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (TWD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.5% | NT$474.68 Million | NT$2.37 Million | NT$959.69 Million | ▲ +0.1 pp |
| 2024 | 99.4% | NT$536.68 Million | NT$3.02 Million | NT$872.88 Million | ▲ +1.9 pp |
| 2023 | 97.6% | NT$158.10 Million | NT$3.86 Million | NT$246.74 Million | ▼ -0.2 pp |
| 2022 | 97.7% | NT$187.45 Million | NT$4.27 Million | NT$245.57 Million | ▲ +0.9 pp |
| 2021 | 96.8% | NT$179.22 Million | NT$5.78 Million | NT$281.24 Million | ▲ +2.4 pp |
| 2020 | 94.3% | NT$236.26 Million | NT$13.37 Million | NT$506.79 Million | ▼ -3.2 pp |
| 2019 | 97.5% | NT$654.27 Million | NT$16.38 Million | NT$655.91 Million | ▲ +1.6 pp |
| 2018 | 95.9% | NT$456.05 Million | NT$18.66 Million | NT$766.76 Million | ▼ -1.0 pp |
| 2017 | 96.9% | NT$644.14 Million | NT$20.06 Million | NT$1.09 Billion | ▼ -1.2 pp |
| 2016 | 98.1% | NT$772.41 Million | NT$14.95 Million | NT$1.29 Billion | ▼ -0.3 pp |
| 2015 | 98.3% | NT$896.68 Million | NT$14.84 Million | NT$1.42 Billion | — |