Shanxi Meijin Energy Co Ltd (000723) — Tangible Net Worth Ratio

Latest as of March 2026: 67.3%

Shanxi Meijin Energy Co Ltd (000723) has a Tangible Net Worth Ratio of 67.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥4.70 Billion) from net assets (CN¥14.38 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 Shanxi Meijin Energy Co Ltd (000723) shareholders funds for net asset value and shareholders' equity analysis.

Tangible NW Ratio

67.3%
Tangible equity / total equity

Net Assets (Equity)

CN¥14.38 Billion
CNY

Intangible Assets

CN¥4.70 Billion
Goodwill, patents, brand value

Total Assets

CN¥40.42 Billion
CNY

Shanxi Meijin Energy Co Ltd Tangible Net Worth Ratio (1994–2025)

This chart shows how Shanxi Meijin Energy Co Ltd's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 67.3%, reflecting net assets of CN¥14.38 Billion with intangible assets of CN¥4.70 Billion CNY. Also explore Shanxi Meijin Energy Co Ltd (000723) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Shanxi Meijin Energy Co Ltd (1994–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Shanxi Meijin Energy 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. For the full company profile including market capitalisation, see Shanxi Meijin Energy Co Ltd (000723) market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 79.7% CN¥14.70 Billion CN¥2.99 Billion CN¥42.19 Billion ▲ +0.0 pp
2024 79.6% CN¥16.21 Billion CN¥3.30 Billion CN¥45.04 Billion ▼ -1.8 pp
2023 81.4% CN¥16.92 Billion CN¥3.15 Billion CN¥42.51 Billion ▼ -4.7 pp
2022 86.1% CN¥16.54 Billion CN¥2.30 Billion CN¥36.62 Billion ▼ -1.2 pp
2021 87.3% CN¥14.26 Billion CN¥1.82 Billion CN¥29.38 Billion ▲ +6.6 pp
2020 80.7% CN¥11.71 Billion CN¥2.26 Billion CN¥27.19 Billion ▼ -11.7 pp
2019 92.4% CN¥9.28 Billion CN¥707.93 Million CN¥19.64 Billion ▲ +16.0 pp
2018 76.4% CN¥8.10 Billion CN¥1.91 Billion CN¥18.68 Billion ▼ -7.6 pp
2017 84.0% CN¥8.79 Billion CN¥1.41 Billion CN¥16.24 Billion ▼ -9.0 pp
2016 92.9% CN¥7.40 Billion CN¥522.46 Million CN¥12.60 Billion ▲ +0.7 pp
2015 92.2% CN¥6.66 Billion CN¥517.17 Million CN¥14.86 Billion ▲ +5.6 pp
2014 86.7% CN¥3.94 Billion CN¥525.58 Million CN¥17.14 Billion ▼ -13.3 pp
2013 100.0% CN¥492.88 Million CN¥0.00 CN¥890.79 Million ▲ +0.0 pp
2012 100.0% CN¥477.44 Million CN¥0.00 CN¥783.55 Million ▲ +0.0 pp
2011 100.0% CN¥525.81 Million CN¥0.00 CN¥929.60 Million ▲ +0.0 pp
2010 100.0% CN¥500.93 Million CN¥0.00 CN¥923.84 Million ▲ +0.0 pp
2009 100.0% CN¥504.73 Million CN¥0.00 CN¥992.81 Million ▲ +0.0 pp
2008 100.0% CN¥509.04 Million CN¥0.00 CN¥1.23 Billion ▲ +0.0 pp
2007 100.0% CN¥414.91 Million CN¥0.00 CN¥1.06 Billion ▲ +2.3 pp
2006 97.7% CN¥307.11 Million CN¥7.03 Million CN¥697.59 Million ▲ +0.7 pp
2005 97.0% CN¥277.60 Million CN¥8.36 Million CN¥713.17 Million ▲ +0.2 pp
2004 96.8% CN¥274.30 Million CN¥8.75 Million CN¥716.99 Million ▲ +0.4 pp
2003 96.4% CN¥250.99 Million CN¥9.13 Million CN¥710.15 Million ▲ +0.6 pp
2002 95.7% CN¥223.36 Million CN¥9.51 Million CN¥644.46 Million ▲ +0.7 pp
2001 95.0% CN¥198.63 Million CN¥9.90 Million CN¥690.72 Million ▼ -2.2 pp
2000 97.2% CN¥388.82 Million CN¥10.85 Million CN¥874.00 Million ▼ -0.4 pp
1999 97.7% CN¥481.48 Million CN¥11.29 Million CN¥977.75 Million ▲ +0.6 pp
1998 97.1% CN¥391.27 Million CN¥11.46 Million CN¥827.74 Million ▼ -0.7 pp
1997 97.8% CN¥395.75 Million CN¥8.77 Million CN¥761.07 Million ▲ +2.5 pp
1996 95.3% CN¥189.92 Million CN¥8.93 Million CN¥464.91 Million ▲ +11.3 pp
1995 84.0% CN¥56.92 Million CN¥9.12 Million CN¥164.82 Million ▲ +1.5 pp
1994 82.5% CN¥53.67 Million CN¥9.38 Million CN¥132.41 Million
pp = percentage points