Nine Dragons Paper (Holdings) Limited (N3Y) — Tangible Net Worth Ratio
Nine Dragons Paper (Holdings) Limited (N3Y) has a Tangible Net Worth Ratio of 93.3% as of June 2024. This metric is calculated by deducting intangible assets (€3.27 Billion) from net assets (€48.48 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 N3Y net 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
Nine Dragons Paper (Holdings) Limited Tangible Net Worth Ratio (2014–2024)
This chart shows how Nine Dragons Paper (Holdings) Limited's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of June 2024, the ratio stands at 93.3%, reflecting net assets of €48.48 Billion with intangible assets of €3.27 Billion EUR. See N3Y cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Nine Dragons Paper (Holdings) Limited (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Nine Dragons Paper (Holdings) Limited from 2014 to 2024, 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 Nine Dragons Paper (Holdings) Limited market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 93.3% | €48.48 Billion | €3.27 Billion | €138.37 Billion | ▼ -6.1 pp |
| 2023 | 99.3% | €45.14 Billion | €300.25 Million | €120.65 Billion | ▲ +4.1 pp |
| 2022 | 95.2% | €47.51 Billion | €2.29 Billion | €107.08 Billion | ▼ -0.9 pp |
| 2021 | 96.1% | €46.40 Billion | €1.79 Billion | €92.17 Billion | ▲ +0.5 pp |
| 2020 | 95.6% | €40.80 Billion | €1.79 Billion | €79.32 Billion | ▲ +0.1 pp |
| 2019 | 95.5% | €37.90 Billion | €1.70 Billion | €80.76 Billion | ▼ -0.2 pp |
| 2018 | 95.7% | €36.27 Billion | €1.57 Billion | €77.84 Billion | ▲ +1.0 pp |
| 2017 | 94.7% | €30.08 Billion | €1.60 Billion | €66.17 Billion | ▼ -5.0 pp |
| 2016 | 99.6% | €26.42 Billion | €98.58 Million | €67.29 Billion | ▲ +5.8 pp |
| 2015 | 93.8% | €25.53 Billion | €1.58 Billion | €65.03 Billion | ▲ +0.1 pp |
| 2014 | 93.7% | €24.60 Billion | €1.56 Billion | €66.98 Billion | — |