Sunmax Biotechnology Co Ltd (4728) — Tangible Net Worth Ratio
Sunmax Biotechnology Co Ltd (4728) has a Tangible Net Worth Ratio of 99.4% as of September 2025. This metric is calculated by deducting intangible assets (NT$8.03 Million) from net assets (NT$1.44 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. Also explore Sunmax Biotechnology 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
Sunmax Biotechnology Co Ltd Tangible Net Worth Ratio (2015–2024)
This chart shows how Sunmax Biotechnology Co Ltd's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 99.4%, reflecting net assets of NT$1.44 Billion with intangible assets of NT$8.03 Million TWD. For live market cap and overall valuation, see Sunmax Biotechnology Co Ltd market capitalisation.
Annual Tangible Net Worth Ratio for Sunmax Biotechnology Co Ltd (2015–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Sunmax Biotechnology Co Ltd from 2015 to 2024, covering 10 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 4728 capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (TWD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.6% | NT$1.51 Billion | NT$5.75 Million | NT$1.85 Billion | ▼ 0.0 pp |
| 2023 | 99.6% | NT$1.43 Billion | NT$5.05 Million | NT$2.16 Billion | ▼ -0.1 pp |
| 2022 | 99.7% | NT$1.33 Billion | NT$3.84 Million | NT$1.79 Billion | ▼ -0.3 pp |
| 2021 | 100.0% | NT$1.02 Billion | NT$0.00 | NT$1.48 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | NT$888.84 Million | NT$0.00 | NT$1.36 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | NT$676.83 Million | NT$0.00 | NT$1.11 Billion | ▲ +1.5 pp |
| 2018 | 98.5% | NT$648.01 Million | NT$9.69 Million | NT$757.89 Million | ▲ +0.9 pp |
| 2017 | 97.6% | NT$572.70 Million | NT$13.67 Million | NT$660.92 Million | ▲ +0.7 pp |
| 2016 | 96.9% | NT$555.29 Million | NT$17.32 Million | NT$597.49 Million | ▲ +1.0 pp |
| 2015 | 95.9% | NT$558.24 Million | NT$23.00 Million | NT$602.57 Million | — |