XJ Electric Co Ltd (000400) — Tangible Net Worth Ratio

Latest as of March 2026: 93.2%

XJ Electric Co Ltd (000400) has a Tangible Net Worth Ratio of 93.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥919.55 Million) from net assets (CN¥13.52 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 how liquid is XJ Electric Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

93.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥13.52 Billion
CNY

Intangible Assets

CN¥919.55 Million
Goodwill, patents, brand value

Total Assets

CN¥25.80 Billion
CNY

XJ Electric Co Ltd Tangible Net Worth Ratio (1994–2025)

This chart shows how XJ Electric Co Ltd's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 93.2%, reflecting net assets of CN¥13.52 Billion with intangible assets of CN¥919.55 Million CNY. See 000400 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for XJ Electric Co Ltd (1994–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for XJ Electric Co Ltd from 1994 to 2025, 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 000400 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 93.1% CN¥13.38 Billion CN¥920.34 Million CN¥26.25 Billion ▲ +0.0 pp
2024 93.1% CN¥12.38 Billion CN¥853.44 Million CN¥25.26 Billion ▲ +0.4 pp
2023 92.7% CN¥11.69 Billion CN¥852.14 Million CN¥21.90 Billion ▲ +0.5 pp
2022 92.2% CN¥11.10 Billion CN¥865.29 Million CN¥19.40 Billion ▲ +0.5 pp
2021 91.7% CN¥10.16 Billion CN¥845.70 Million CN¥17.67 Billion ▲ +1.7 pp
2020 89.9% CN¥9.20 Billion CN¥924.67 Million CN¥16.85 Billion ▲ +0.5 pp
2019 89.4% CN¥8.95 Billion CN¥945.32 Million CN¥16.02 Billion ▼ -1.2 pp
2018 90.7% CN¥8.35 Billion CN¥778.03 Million CN¥14.58 Billion ▼ -1.5 pp
2017 92.1% CN¥8.12 Billion CN¥637.97 Million CN¥15.31 Billion ▼ -1.4 pp
2016 93.5% CN¥7.55 Billion CN¥489.35 Million CN¥14.30 Billion ▼ -3.1 pp
2015 96.6% CN¥6.87 Billion CN¥232.85 Million CN¥12.49 Billion ▼ -2.2 pp
2014 98.8% CN¥6.23 Billion CN¥76.95 Million CN¥10.79 Billion ▼ -0.4 pp
2013 99.2% CN¥4.75 Billion CN¥39.92 Million CN¥10.39 Billion ▲ +0.6 pp
2012 98.6% CN¥3.19 Billion CN¥45.38 Million CN¥6.93 Billion ▲ +1.1 pp
2011 97.5% CN¥2.97 Billion CN¥75.36 Million CN¥7.07 Billion ▼ -0.2 pp
2010 97.7% CN¥2.76 Billion CN¥64.74 Million CN¥5.75 Billion ▼ -0.6 pp
2009 98.3% CN¥2.53 Billion CN¥43.52 Million CN¥4.61 Billion ▼ -0.3 pp
2008 98.6% CN¥2.36 Billion CN¥32.25 Million CN¥4.74 Billion ▲ +0.1 pp
2007 98.5% CN¥2.33 Billion CN¥35.14 Million CN¥4.65 Billion ▼ -0.4 pp
2006 98.9% CN¥2.20 Billion CN¥24.67 Million CN¥4.72 Billion ▼ -0.3 pp
2005 99.2% CN¥2.06 Billion CN¥17.01 Million CN¥3.99 Billion ▲ +0.2 pp
2004 99.0% CN¥1.97 Billion CN¥20.21 Million CN¥3.67 Billion ▲ +0.1 pp
2003 98.9% CN¥1.86 Billion CN¥21.32 Million CN¥3.09 Billion ▲ +0.5 pp
2002 98.3% CN¥1.66 Billion CN¥27.52 Million CN¥2.75 Billion ▼ -0.2 pp
2001 98.5% CN¥1.49 Billion CN¥21.79 Million CN¥2.58 Billion ▼ -0.2 pp
2000 98.7% CN¥1.39 Billion CN¥18.06 Million CN¥2.02 Billion ▼ -0.4 pp
1999 99.0% CN¥1.30 Billion CN¥12.41 Million CN¥1.82 Billion ▼ -0.9 pp
1998 100.0% CN¥769.50 Million CN¥256.50K CN¥992.97 Million ▼ 0.0 pp
1997 100.0% CN¥706.72 Million CN¥0.00 CN¥843.24 Million ▲ +0.0 pp
1996 100.0% CN¥169.94 Million CN¥0.00 CN¥432.76 Million ▲ +0.0 pp
1995 100.0% CN¥141.28 Million CN¥0.00 CN¥373.07 Million ▲ +0.0 pp
1994 100.0% CN¥115.97 Million CN¥0.00 CN¥295.38 Million
pp = percentage points