Zhuhai Zhongfu Enterprise Co Ltd (000659) — Tangible Net Worth Ratio
Zhuhai Zhongfu Enterprise Co Ltd (000659) has a Tangible Net Worth Ratio of -709.5% as of December 2025. This metric is calculated by deducting intangible assets (CN¥110.52 Million) from net assets (CN¥13.65 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. For live market cap and overall valuation, see market cap of Zhuhai Zhongfu Enterprise Co Ltd.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Zhuhai Zhongfu Enterprise Co Ltd Tangible Net Worth Ratio (1993–2025)
This chart shows how Zhuhai Zhongfu Enterprise Co Ltd's Tangible Net Worth Ratio has changed across 33 annual periods from 1993 to 2025. As of December 2025, the ratio stands at -709.5%, reflecting net assets of CN¥13.65 Million with intangible assets of CN¥110.52 Million CNY. Also explore Zhuhai Zhongfu Enterprise Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Zhuhai Zhongfu Enterprise Co Ltd (1993–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Zhuhai Zhongfu Enterprise Co Ltd from 1993 to 2025, covering 33 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. See Zhuhai Zhongfu Enterprise Co Ltd (000659) flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -709.5% | CN¥13.65 Million | CN¥110.52 Million | CN¥1.92 Billion | ▼ -727.6 pp |
| 2024 | 18.1% | CN¥140.03 Million | CN¥114.66 Million | CN¥1.78 Billion | ▼ -33.3 pp |
| 2023 | 51.4% | CN¥243.75 Million | CN¥118.37 Million | CN¥1.84 Billion | ▼ -9.6 pp |
| 2022 | 61.0% | CN¥319.64 Million | CN¥124.65 Million | CN¥2.13 Billion | ▼ -12.9 pp |
| 2021 | 73.9% | CN¥499.69 Million | CN¥130.34 Million | CN¥2.32 Billion | ▼ -1.5 pp |
| 2020 | 75.4% | CN¥483.63 Million | CN¥119.00 Million | CN¥2.20 Billion | ▼ -9.9 pp |
| 2019 | 85.3% | CN¥657.12 Million | CN¥96.44 Million | CN¥2.38 Billion | ▼ -0.7 pp |
| 2018 | 86.0% | CN¥606.44 Million | CN¥84.88 Million | CN¥2.48 Billion | ▼ -0.3 pp |
| 2017 | 86.3% | CN¥587.29 Million | CN¥80.57 Million | CN¥2.65 Billion | ▲ +7.6 pp |
| 2016 | 78.7% | CN¥469.55 Million | CN¥100.16 Million | CN¥2.62 Billion | ▼ -11.2 pp |
| 2015 | 89.9% | CN¥1.05 Billion | CN¥106.60 Million | CN¥3.18 Billion | ▼ -0.4 pp |
| 2014 | 90.3% | CN¥1.13 Billion | CN¥109.83 Million | CN¥3.72 Billion | ▲ +1.1 pp |
| 2013 | 89.2% | CN¥1.12 Billion | CN¥121.67 Million | CN¥4.55 Billion | ▼ -4.8 pp |
| 2012 | 93.9% | CN¥2.66 Billion | CN¥162.20 Million | CN¥5.94 Billion | ▼ -0.3 pp |
| 2011 | 94.2% | CN¥2.95 Billion | CN¥171.00 Million | CN¥5.96 Billion | ▲ +0.3 pp |
| 2010 | 93.9% | CN¥2.96 Billion | CN¥181.69 Million | CN¥5.95 Billion | ▲ +1.0 pp |
| 2009 | 92.8% | CN¥2.61 Billion | CN¥187.32 Million | CN¥5.19 Billion | ▲ +0.4 pp |
| 2008 | 92.4% | CN¥2.49 Billion | CN¥189.60 Million | CN¥4.90 Billion | ▼ 0.0 pp |
| 2007 | 92.4% | CN¥2.52 Billion | CN¥191.50 Million | CN¥5.11 Billion | ▼ -5.8 pp |
| 2006 | 98.2% | CN¥2.55 Billion | CN¥45.82 Million | CN¥5.69 Billion | ▼ -0.2 pp |
| 2005 | 98.4% | CN¥2.42 Billion | CN¥39.84 Million | CN¥5.14 Billion | ▲ +0.1 pp |
| 2004 | 98.3% | CN¥2.35 Billion | CN¥40.30 Million | CN¥4.72 Billion | ▲ +0.0 pp |
| 2003 | 98.2% | CN¥2.16 Billion | CN¥37.96 Million | CN¥4.21 Billion | ▼ -0.3 pp |
| 2002 | 98.5% | CN¥1.61 Billion | CN¥23.44 Million | CN¥3.28 Billion | ▲ +0.3 pp |
| 2001 | 98.2% | CN¥1.45 Billion | CN¥26.04 Million | CN¥2.49 Billion | ▲ +2.2 pp |
| 2000 | 96.0% | CN¥1.35 Billion | CN¥53.61 Million | CN¥2.11 Billion | ▲ +1.6 pp |
| 1999 | 94.4% | CN¥960.44 Million | CN¥53.96 Million | CN¥1.51 Billion | ▼ -2.4 pp |
| 1998 | 96.8% | CN¥923.63 Million | CN¥29.50 Million | CN¥1.33 Billion | ▲ +1.9 pp |
| 1997 | 94.9% | CN¥467.11 Million | CN¥23.64 Million | CN¥785.97 Million | ▲ +1.5 pp |
| 1996 | 93.4% | CN¥366.56 Million | CN¥24.22 Million | CN¥737.67 Million | ▲ +1.6 pp |
| 1995 | 91.8% | CN¥302.24 Million | CN¥24.76 Million | CN¥713.18 Million | ▼ -8.2 pp |
| 1994 | 100.0% | CN¥250.28 Million | CN¥0.00 | CN¥482.15 Million | ▲ +0.0 pp |
| 1993 | 100.0% | CN¥235.46 Million | CN¥0.00 | CN¥520.57 Million | — |