Hubei Biocause Pharmaceutical (000627) — Tangible Net Worth Ratio

Latest as of September 2024: 99.3%

Hubei Biocause Pharmaceutical (000627) has a Tangible Net Worth Ratio of 99.3% as of September 2024. This metric is calculated by deducting intangible assets (CN¥259.99 Million) from net assets (CN¥36.00 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 Hubei Biocause Pharmaceutical (000627) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.3%
Tangible equity / total equity

Net Assets (Equity)

CN¥36.00 Billion
CNY

Intangible Assets

CN¥259.99 Million
Goodwill, patents, brand value

Total Assets

CN¥285.15 Billion
CNY

Hubei Biocause Pharmaceutical Tangible Net Worth Ratio (2000–2023)

This chart shows how Hubei Biocause Pharmaceutical's Tangible Net Worth Ratio has changed across 24 annual periods from 2000 to 2023. As of September 2024, the ratio stands at 99.3%, reflecting net assets of CN¥36.00 Billion with intangible assets of CN¥259.99 Million CNY. See Hubei Biocause Pharmaceutical defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Hubei Biocause Pharmaceutical (2000–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Hubei Biocause Pharmaceutical from 2000 to 2023, covering 24 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 Hubei Biocause Pharmaceutical (000627) total market value.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2023 99.2% CN¥33.63 Billion CN¥283.20 Million CN¥301.94 Billion ▲ +0.0 pp
2022 99.1% CN¥34.60 Billion CN¥299.34 Million CN¥288.60 Billion ▼ -0.1 pp
2021 99.3% CN¥37.47 Billion CN¥269.71 Million CN¥263.90 Billion ▼ -0.2 pp
2020 99.5% CN¥34.59 Billion CN¥190.00 Million CN¥239.40 Billion ▼ -0.2 pp
2019 99.7% CN¥34.35 Billion CN¥109.42 Million CN¥205.27 Billion ▲ +0.5 pp
2018 99.2% CN¥26.01 Billion CN¥213.35 Million CN¥178.25 Billion ▲ +1.1 pp
2017 98.1% CN¥26.70 Billion CN¥519.90 Million CN¥140.42 Billion ▲ +0.7 pp
2016 97.3% CN¥20.40 Billion CN¥549.06 Million CN¥117.88 Billion ▲ +24.8 pp
2015 72.5% CN¥1.78 Billion CN¥490.45 Million CN¥2.41 Billion ▲ +6.3 pp
2014 66.2% CN¥1.49 Billion CN¥503.88 Million CN¥2.11 Billion ▼ -32.7 pp
2013 98.9% CN¥1.44 Billion CN¥15.54 Million CN¥2.16 Billion ▲ +0.2 pp
2012 98.7% CN¥1.54 Billion CN¥19.73 Million CN¥2.06 Billion ▲ +0.1 pp
2011 98.6% CN¥1.41 Billion CN¥19.71 Million CN¥1.88 Billion ▲ +0.4 pp
2010 98.3% CN¥1.60 Billion CN¥28.02 Million CN¥1.98 Billion ▲ +0.3 pp
2009 98.0% CN¥1.57 Billion CN¥32.07 Million CN¥2.16 Billion ▲ +0.2 pp
2008 97.8% CN¥1.51 Billion CN¥33.40 Million CN¥1.98 Billion ▲ +1.9 pp
2007 95.9% CN¥866.03 Million CN¥35.34 Million CN¥1.32 Billion ▼ -0.2 pp
2006 96.1% CN¥723.71 Million CN¥28.19 Million CN¥1.17 Billion ▲ +0.4 pp
2005 95.7% CN¥731.23 Million CN¥31.63 Million CN¥1.09 Billion ▲ +21.5 pp
2004 74.2% CN¥723.91 Million CN¥186.79 Million CN¥1.08 Billion ▲ +0.5 pp
2003 73.7% CN¥718.75 Million CN¥189.07 Million CN¥1.09 Billion ▼ -2.3 pp
2002 76.0% CN¥768.02 Million CN¥184.43 Million CN¥1.09 Billion ▼ -7.8 pp
2001 83.8% CN¥762.99 Million CN¥123.54 Million CN¥989.09 Million ▲ +1.5 pp
2000 82.3% CN¥594.52 Million CN¥105.05 Million CN¥886.33 Million
pp = percentage points