Cheng Fwa Industrial Ltd (5426) — Tangible Net Worth Ratio
Cheng Fwa Industrial Ltd (5426) has a Tangible Net Worth Ratio of 99.5% as of June 2026. This metric is calculated by deducting intangible assets (NT$10.75 Million) from net assets (NT$2.30 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 5426 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Cheng Fwa Industrial Ltd Tangible Net Worth Ratio (2017–2025)
This chart shows how Cheng Fwa Industrial Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at 99.5%, reflecting net assets of NT$2.30 Billion with intangible assets of NT$10.75 Million TWD. For live market cap and overall valuation, see market cap of Cheng Fwa Industrial Ltd.
Annual Tangible Net Worth Ratio for Cheng Fwa Industrial Ltd (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Cheng Fwa Industrial Ltd from 2017 to 2025, covering 9 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 5426 capital reinvestment 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) |
|---|---|---|---|---|---|
| 2025 | 99.5% | NT$2.26 Billion | NT$11.66 Million | NT$3.22 Billion | ▲ +0.2 pp |
| 2024 | 99.3% | NT$2.28 Billion | NT$15.47 Million | NT$3.03 Billion | ▲ +0.6 pp |
| 2023 | 98.8% | NT$2.07 Billion | NT$25.62 Million | NT$2.68 Billion | ▼ -0.1 pp |
| 2022 | 98.8% | NT$2.10 Billion | NT$24.81 Million | NT$3.04 Billion | ▼ -0.1 pp |
| 2021 | 98.9% | NT$1.90 Billion | NT$21.24 Million | NT$3.15 Billion | ▲ +0.1 pp |
| 2020 | 98.7% | NT$2.00 Billion | NT$25.06 Million | NT$2.84 Billion | ▲ +0.0 pp |
| 2019 | 98.7% | NT$2.10 Billion | NT$26.39 Million | NT$2.69 Billion | ▼ -0.3 pp |
| 2018 | 99.0% | NT$2.30 Billion | NT$22.66 Million | NT$2.89 Billion | ▲ +0.1 pp |
| 2017 | 98.9% | NT$2.18 Billion | NT$24.13 Million | NT$3.04 Billion | — |