China High-Speed Railway Technology (000008) — Tangible Net Worth Ratio
China High-Speed Railway Technology (000008) has a Tangible Net Worth Ratio of 95.4% as of September 2025. This metric is calculated by deducting intangible assets (CN¥138.98 Million) from net assets (CN¥3.02 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 China High-Speed Railway Technology current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
China High-Speed Railway Technology Tangible Net Worth Ratio (1991–2024)
This chart shows how China High-Speed Railway Technology's Tangible Net Worth Ratio has changed across 32 annual periods from 1991 to 2024. As of September 2025, the ratio stands at 95.4%, reflecting net assets of CN¥3.02 Billion with intangible assets of CN¥138.98 Million CNY. See defensive interval ratio of China High-Speed Railway Technology to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for China High-Speed Railway Technology (1991–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for China High-Speed Railway Technology from 1991 to 2024, covering 32 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 000008 company net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.5% | CN¥3.11 Billion | CN¥169.86 Million | CN¥9.96 Billion | ▲ +0.0 pp |
| 2023 | 94.5% | CN¥3.65 Billion | CN¥201.42 Million | CN¥10.66 Billion | ▲ +0.3 pp |
| 2022 | 94.2% | CN¥4.48 Billion | CN¥259.83 Million | CN¥11.25 Billion | ▲ +0.1 pp |
| 2021 | 94.1% | CN¥5.34 Billion | CN¥315.82 Million | CN¥12.38 Billion | ▼ -0.8 pp |
| 2020 | 94.9% | CN¥6.67 Billion | CN¥338.68 Million | CN¥12.83 Billion | ▼ -1.2 pp |
| 2019 | 96.1% | CN¥7.58 Billion | CN¥291.74 Million | CN¥12.04 Billion | ▼ -0.6 pp |
| 2018 | 96.7% | CN¥7.40 Billion | CN¥241.21 Million | CN¥10.47 Billion | ▼ -0.2 pp |
| 2017 | 97.0% | CN¥7.19 Billion | CN¥216.81 Million | CN¥10.68 Billion | ▼ -0.2 pp |
| 2016 | 97.2% | CN¥6.17 Billion | CN¥175.86 Million | CN¥8.19 Billion | ▼ -0.9 pp |
| 2015 | 98.0% | CN¥2.91 Billion | CN¥58.10 Million | CN¥3.59 Billion | ▼ -1.8 pp |
| 2014 | 99.8% | CN¥598.35 Million | CN¥905.22K | CN¥674.03 Million | ▲ +0.1 pp |
| 2013 | 99.8% | CN¥563.58 Million | CN¥1.33 Million | CN¥626.63 Million | ▲ +0.1 pp |
| 2012 | 99.7% | CN¥540.83 Million | CN¥1.77 Million | CN¥613.83 Million | ▼ -0.3 pp |
| 2011 | 99.9% | CN¥73.86 Million | CN¥56.51K | CN¥77.24 Million | ▼ -0.1 pp |
| 2010 | 100.0% | CN¥74.22 Million | CN¥0.00 | CN¥77.93 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CN¥73.33 Million | CN¥0.00 | CN¥79.41 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CN¥73.96 Million | CN¥0.00 | CN¥78.91 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CN¥73.21 Million | CN¥0.00 | CN¥79.09 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CN¥71.53 Million | CN¥0.00 | CN¥76.84 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CN¥68.04 Million | CN¥0.00 | CN¥90.64 Million | ▼ -4.6 pp |
| 2004 | 104.6% | CN¥72.85 Million | CN¥-3.34 Million | CN¥90.80 Million | ▲ +13.1 pp |
| 2003 | 91.4% | CN¥30.56 Million | CN¥2.61 Million | CN¥60.46 Million | ▲ +1.9 pp |
| 2000 | 89.6% | CN¥124.20 Million | CN¥12.94 Million | CN¥290.83 Million | ▼ -10.4 pp |
| 1999 | 100.0% | CN¥98.54 Million | CN¥0.00 | CN¥236.16 Million | ▲ +14.0 pp |
| 1998 | 86.0% | CN¥89.89 Million | CN¥12.58 Million | CN¥326.60 Million | ▼ -6.4 pp |
| 1997 | 92.4% | CN¥152.51 Million | CN¥11.60 Million | CN¥363.33 Million | ▼ -7.6 pp |
| 1996 | 100.0% | CN¥144.58 Million | CN¥0.00 | CN¥241.02 Million | ▲ +1.2 pp |
| 1995 | 98.8% | CN¥161.76 Million | CN¥1.99 Million | CN¥247.47 Million | ▼ -1.2 pp |
| 1994 | 100.0% | CN¥161.88 Million | CN¥0.00 | CN¥256.26 Million | ▲ +0.0 pp |
| 1993 | 100.0% | CN¥135.61 Million | CN¥0.00 | CN¥240.88 Million | ▲ +0.0 pp |
| 1992 | 100.0% | CN¥48.98 Million | CN¥0.00 | CN¥108.27 Million | ▲ +0.0 pp |
| 1991 | 100.0% | CN¥38.31 Million | CN¥0.00 | CN¥70.19 Million | — |