Xiangyang Automobile Bearing Co Ltd (000678) — Tangible Net Worth Ratio
Xiangyang Automobile Bearing Co Ltd (000678) has a Tangible Net Worth Ratio of 65.3% as of September 2025. This metric is calculated by deducting intangible assets (CN¥282.81 Million) from net assets (CN¥815.79 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 Xiangyang Automobile Bearing Co Ltd (000678) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Xiangyang Automobile Bearing Co Ltd Tangible Net Worth Ratio (1993–2024)
This chart shows how Xiangyang Automobile Bearing Co Ltd's Tangible Net Worth Ratio has changed across 32 annual periods from 1993 to 2024. As of September 2025, the ratio stands at 65.3%, reflecting net assets of CN¥815.79 Million with intangible assets of CN¥282.81 Million CNY. See 000678 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Xiangyang Automobile Bearing Co Ltd (1993–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Xiangyang Automobile Bearing Co Ltd from 1993 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 Xiangyang Automobile Bearing Co Ltd stock valuation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 67.6% | CN¥871.28 Million | CN¥282.35 Million | CN¥2.24 Billion | ▼ -1.7 pp |
| 2023 | 69.3% | CN¥926.07 Million | CN¥284.16 Million | CN¥2.39 Billion | ▼ -3.8 pp |
| 2022 | 73.1% | CN¥966.59 Million | CN¥260.00 Million | CN¥2.40 Billion | ▼ -0.6 pp |
| 2021 | 73.7% | CN¥1.10 Billion | CN¥289.06 Million | CN¥2.45 Billion | ▼ -0.2 pp |
| 2020 | 73.9% | CN¥1.15 Billion | CN¥300.31 Million | CN¥2.60 Billion | ▼ -1.6 pp |
| 2019 | 75.5% | CN¥1.27 Billion | CN¥310.14 Million | CN¥2.70 Billion | ▲ +1.5 pp |
| 2018 | 74.0% | CN¥1.26 Billion | CN¥327.04 Million | CN¥2.76 Billion | ▼ -0.7 pp |
| 2017 | 74.7% | CN¥1.32 Billion | CN¥335.05 Million | CN¥2.80 Billion | ▼ -2.5 pp |
| 2016 | 77.2% | CN¥1.29 Billion | CN¥294.11 Million | CN¥2.58 Billion | ▲ +7.6 pp |
| 2015 | 69.5% | CN¥1.05 Billion | CN¥318.88 Million | CN¥2.35 Billion | ▼ -4.4 pp |
| 2014 | 73.9% | CN¥1.10 Billion | CN¥286.51 Million | CN¥2.24 Billion | ▲ +1.4 pp |
| 2013 | 72.5% | CN¥1.10 Billion | CN¥301.57 Million | CN¥2.15 Billion | ▲ +19.8 pp |
| 2012 | 52.8% | CN¥530.98 Million | CN¥250.73 Million | CN¥1.32 Billion | ▼ -33.1 pp |
| 2011 | 85.9% | CN¥525.68 Million | CN¥74.33 Million | CN¥1.05 Billion | ▲ +1.1 pp |
| 2010 | 84.8% | CN¥500.08 Million | CN¥76.11 Million | CN¥919.18 Million | ▲ +1.2 pp |
| 2009 | 83.6% | CN¥473.93 Million | CN¥77.90 Million | CN¥778.50 Million | ▲ +0.6 pp |
| 2008 | 83.0% | CN¥468.60 Million | CN¥79.68 Million | CN¥778.24 Million | ▲ +0.8 pp |
| 2007 | 82.2% | CN¥520.20 Million | CN¥92.66 Million | CN¥806.11 Million | ▲ +7.1 pp |
| 2006 | 75.1% | CN¥378.71 Million | CN¥94.43 Million | CN¥633.89 Million | ▲ +1.9 pp |
| 2005 | 73.2% | CN¥358.67 Million | CN¥96.20 Million | CN¥676.46 Million | ▼ -19.4 pp |
| 2004 | 92.6% | CN¥351.71 Million | CN¥25.97 Million | CN¥691.35 Million | ▲ +0.5 pp |
| 2003 | 92.1% | CN¥337.81 Million | CN¥26.63 Million | CN¥692.88 Million | ▲ +3.2 pp |
| 2002 | 88.9% | CN¥319.83 Million | CN¥35.42 Million | CN¥756.24 Million | ▼ -4.1 pp |
| 2001 | 93.0% | CN¥399.73 Million | CN¥27.94 Million | CN¥811.28 Million | ▼ -1.7 pp |
| 2000 | 94.7% | CN¥541.12 Million | CN¥28.60 Million | CN¥971.79 Million | ▲ +1.3 pp |
| 1999 | 93.4% | CN¥443.53 Million | CN¥29.26 Million | CN¥914.34 Million | ▼ -0.3 pp |
| 1998 | 93.8% | CN¥478.88 Million | CN¥29.92 Million | CN¥902.45 Million | ▲ +0.9 pp |
| 1997 | 92.9% | CN¥430.51 Million | CN¥30.57 Million | CN¥846.21 Million | ▲ +1.0 pp |
| 1996 | 91.9% | CN¥383.72 Million | CN¥31.23 Million | CN¥773.34 Million | ▲ +7.5 pp |
| 1995 | 84.4% | CN¥233.02 Million | CN¥36.36 Million | CN¥655.27 Million | ▲ +1.2 pp |
| 1994 | 83.2% | CN¥220.59 Million | CN¥37.01 Million | CN¥557.73 Million | ▲ +3.5 pp |
| 1993 | 79.8% | CN¥290.76 Million | CN¥58.86 Million | CN¥561.72 Million | — |