Maoming Petro-Chemical Shihua Co Ltd (000637) — Tangible Net Worth Ratio

Latest as of March 2026: 79.9%

Maoming Petro-Chemical Shihua Co Ltd (000637) has a Tangible Net Worth Ratio of 79.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥114.76 Million) from net assets (CN¥571.57 Million) 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 Maoming Petro-Chemical Shihua Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

79.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥571.57 Million
CNY

Intangible Assets

CN¥114.76 Million
Goodwill, patents, brand value

Total Assets

CN¥1.97 Billion
CNY

Maoming Petro-Chemical Shihua Co Ltd Tangible Net Worth Ratio (1995–2025)

This chart shows how Maoming Petro-Chemical Shihua Co Ltd's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 79.9%, reflecting net assets of CN¥571.57 Million with intangible assets of CN¥114.76 Million CNY. See Maoming Petro-Chemical Shihua Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Maoming Petro-Chemical Shihua Co Ltd (1995–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Maoming Petro-Chemical Shihua Co Ltd from 1995 to 2025, covering 31 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 market value of Maoming Petro-Chemical Shihua Co Ltd.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 80.7% CN¥599.21 Million CN¥115.46 Million CN¥1.94 Billion ▼ -3.5 pp
2024 84.3% CN¥758.08 Million CN¥119.28 Million CN¥2.39 Billion ▼ -2.1 pp
2023 86.3% CN¥873.91 Million CN¥119.47 Million CN¥2.50 Billion ▲ +2.8 pp
2022 83.5% CN¥1.03 Billion CN¥170.16 Million CN¥2.89 Billion ▼ -9.5 pp
2021 93.0% CN¥1.17 Billion CN¥81.72 Million CN¥2.89 Billion ▼ -1.3 pp
2020 94.2% CN¥985.33 Million CN¥56.70 Million CN¥1.92 Billion ▼ -0.1 pp
2019 94.4% CN¥1.03 Billion CN¥58.17 Million CN¥1.50 Billion ▼ -2.8 pp
2018 97.2% CN¥947.14 Million CN¥26.60 Million CN¥1.24 Billion ▼ 0.0 pp
2017 97.2% CN¥989.91 Million CN¥27.32 Million CN¥1.21 Billion ▲ +0.2 pp
2016 97.0% CN¥941.85 Million CN¥28.03 Million CN¥1.28 Billion ▲ +0.1 pp
2015 97.0% CN¥945.21 Million CN¥28.74 Million CN¥1.27 Billion ▲ +0.2 pp
2014 96.7% CN¥895.32 Million CN¥29.45 Million CN¥1.21 Billion ▲ +0.2 pp
2013 96.5% CN¥863.05 Million CN¥30.16 Million CN¥1.04 Billion ▲ +0.2 pp
2012 96.3% CN¥821.10 Million CN¥30.52 Million CN¥941.28 Million ▼ -2.7 pp
2011 99.0% CN¥723.47 Million CN¥7.47 Million CN¥728.62 Million ▲ +0.2 pp
2010 98.8% CN¥824.49 Million CN¥9.86 Million CN¥833.52 Million ▲ +0.3 pp
2009 98.5% CN¥744.34 Million CN¥10.99 Million CN¥925.51 Million ▲ +0.2 pp
2008 98.4% CN¥691.87 Million CN¥11.31 Million CN¥704.77 Million ▼ -0.1 pp
2007 98.5% CN¥771.01 Million CN¥11.63 Million CN¥846.26 Million ▼ -0.2 pp
2006 98.7% CN¥702.67 Million CN¥9.13 Million CN¥762.20 Million ▲ +29.4 pp
2005 69.3% CN¥611.31 Million CN¥187.93 Million CN¥1.72 Billion ▼ -19.2 pp
2004 88.5% CN¥674.52 Million CN¥77.53 Million CN¥1.35 Billion ▲ +0.1 pp
2003 88.4% CN¥704.85 Million CN¥81.95 Million CN¥1.11 Billion ▼ -9.8 pp
2002 98.2% CN¥558.49 Million CN¥10.22 Million CN¥696.93 Million ▲ +0.8 pp
2001 97.4% CN¥527.87 Million CN¥13.77 Million CN¥588.23 Million ▲ +0.3 pp
2000 97.1% CN¥492.40 Million CN¥14.09 Million CN¥563.81 Million ▲ +0.3 pp
1999 96.9% CN¥457.82 Million CN¥14.42 Million CN¥554.84 Million ▼ -2.9 pp
1998 99.7% CN¥423.45 Million CN¥1.07 Million CN¥525.85 Million ▲ +0.2 pp
1997 99.5% CN¥223.90 Million CN¥1.09 Million CN¥350.57 Million ▲ +0.1 pp
1996 99.4% CN¥220.98 Million CN¥1.32 Million CN¥309.93 Million ▼ -0.6 pp
1995 100.0% CN¥132.67 Million CN¥0.00 CN¥274.56 Million
pp = percentage points