Hunan Fazhan Industrial Co Ltd (000722) — Tangible Net Worth Ratio

Latest as of June 2026: 98.5%

Hunan Fazhan Industrial Co Ltd (000722) has a Tangible Net Worth Ratio of 98.5% as of June 2026. This metric is calculated by deducting intangible assets (CN¥60.45 Million) from net assets (CN¥3.99 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. Also explore Hunan Fazhan Industrial Co Ltd (000722) equity growth momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

98.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥3.99 Billion
CNY

Intangible Assets

CN¥60.45 Million
Goodwill, patents, brand value

Total Assets

CN¥6.67 Billion
CNY

Hunan Fazhan Industrial Co Ltd Tangible Net Worth Ratio (1994–2025)

This chart shows how Hunan Fazhan Industrial Co Ltd's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of June 2026, the ratio stands at 98.5%, reflecting net assets of CN¥3.99 Billion with intangible assets of CN¥60.45 Million CNY. For live market cap and overall valuation, see Hunan Fazhan Industrial Co Ltd stock valuation.

Annual Tangible Net Worth Ratio for Hunan Fazhan Industrial Co Ltd (1994–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Hunan Fazhan Industrial 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. Explore reinvestment intensity of Hunan Fazhan Industrial Co Ltd to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 98.1% CN¥3.19 Billion CN¥61.52 Million CN¥3.55 Billion ▲ +0.3 pp
2024 97.8% CN¥3.17 Billion CN¥70.88 Million CN¥3.44 Billion ▼ -1.2 pp
2023 99.0% CN¥3.47 Billion CN¥35.49 Million CN¥3.62 Billion ▲ +0.1 pp
2022 98.9% CN¥3.18 Billion CN¥35.49 Million CN¥3.35 Billion ▼ -0.7 pp
2021 99.6% CN¥3.14 Billion CN¥12.64 Million CN¥3.34 Billion ▲ +0.0 pp
2020 99.6% CN¥3.08 Billion CN¥13.04 Million CN¥3.32 Billion ▲ +0.0 pp
2019 99.6% CN¥3.01 Billion CN¥13.36 Million CN¥3.20 Billion ▲ +0.0 pp
2018 99.5% CN¥2.98 Billion CN¥13.58 Million CN¥3.20 Billion ▲ +0.0 pp
2017 99.5% CN¥2.92 Billion CN¥13.76 Million CN¥3.14 Billion ▲ +0.0 pp
2016 99.5% CN¥2.85 Billion CN¥14.07 Million CN¥3.06 Billion ▲ +0.0 pp
2015 99.5% CN¥2.70 Billion CN¥14.37 Million CN¥2.90 Billion ▲ +0.1 pp
2014 99.4% CN¥2.49 Billion CN¥14.67 Million CN¥3.05 Billion ▲ +0.1 pp
2013 99.3% CN¥2.27 Billion CN¥15.03 Million CN¥2.86 Billion ▲ +0.1 pp
2012 99.3% CN¥2.10 Billion CN¥15.39 Million CN¥2.13 Billion ▲ +0.1 pp
2011 99.2% CN¥1.94 Billion CN¥15.64 Million CN¥1.97 Billion ▲ +0.1 pp
2010 99.1% CN¥1.86 Billion CN¥15.91 Million CN¥1.88 Billion ▲ +8.7 pp
2009 90.4% CN¥248.22 Million CN¥23.83 Million CN¥1.32 Billion ▼ -6.7 pp
2008 97.1% CN¥880.06 Million CN¥25.36 Million CN¥2.10 Billion ▲ +0.3 pp
2007 96.8% CN¥755.59 Million CN¥24.11 Million CN¥2.06 Billion ▼ -1.1 pp
2006 97.9% CN¥1.04 Billion CN¥21.55 Million CN¥2.25 Billion ▲ +4.9 pp
2005 93.0% CN¥1.55 Billion CN¥108.17 Million CN¥2.67 Billion ▲ +5.7 pp
2004 87.3% CN¥955.43 Million CN¥121.28 Million CN¥2.54 Billion ▼ -7.6 pp
2003 94.9% CN¥1.09 Billion CN¥55.28 Million CN¥2.17 Billion ▼ -1.3 pp
2002 96.3% CN¥1.09 Billion CN¥40.54 Million CN¥1.95 Billion ▼ -1.5 pp
2001 97.7% CN¥832.92 Million CN¥18.75 Million CN¥1.60 Billion ▼ -0.8 pp
2000 98.6% CN¥849.00 Million CN¥11.99 Million CN¥1.59 Billion ▼ -0.1 pp
1999 98.7% CN¥797.34 Million CN¥10.17 Million CN¥1.20 Billion ▲ +2.3 pp
1998 96.4% CN¥246.45 Million CN¥8.78 Million CN¥379.53 Million ▼ -1.0 pp
1997 97.5% CN¥218.67 Million CN¥5.56 Million CN¥326.20 Million ▲ +5.3 pp
1996 92.2% CN¥72.61 Million CN¥5.68 Million CN¥191.95 Million ▲ +1.8 pp
1995 90.3% CN¥60.03 Million CN¥5.81 Million CN¥154.14 Million ▲ +0.5 pp
1994 89.8% CN¥58.17 Million CN¥5.93 Million CN¥139.42 Million
pp = percentage points