Sichuan Meifeng Chemical Industry Co Ltd (000731) — Tangible Net Worth Ratio

Latest as of September 2025: 96.1%

Sichuan Meifeng Chemical Industry Co Ltd (000731) has a Tangible Net Worth Ratio of 96.1% as of September 2025. This metric is calculated by deducting intangible assets (CN¥170.29 Million) from net assets (CN¥4.37 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 Sichuan Meifeng Chemical Industry Co Ltd (000731) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

96.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥4.37 Billion
CNY

Intangible Assets

CN¥170.29 Million
Goodwill, patents, brand value

Total Assets

CN¥5.17 Billion
CNY

Sichuan Meifeng Chemical Industry Co Ltd Tangible Net Worth Ratio (1994–2024)

This chart shows how Sichuan Meifeng Chemical Industry Co Ltd's Tangible Net Worth Ratio has changed across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 96.1%, reflecting net assets of CN¥4.37 Billion with intangible assets of CN¥170.29 Million CNY. See Sichuan Meifeng Chemical Industry Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Sichuan Meifeng Chemical Industry Co Ltd (1994–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Sichuan Meifeng Chemical Industry Co Ltd from 1994 to 2024, 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 Sichuan Meifeng Chemical Industry Co Ltd market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 96.1% CN¥4.52 Billion CN¥174.44 Million CN¥5.67 Billion ▲ +0.2 pp
2023 96.0% CN¥4.49 Billion CN¥180.72 Million CN¥5.71 Billion ▲ +0.3 pp
2022 95.6% CN¥4.30 Billion CN¥187.11 Million CN¥5.17 Billion ▲ +1.2 pp
2021 94.5% CN¥3.61 Billion CN¥199.63 Million CN¥4.41 Billion ▲ +3.8 pp
2020 90.7% CN¥2.97 Billion CN¥276.18 Million CN¥4.00 Billion ▲ +0.6 pp
2019 90.1% CN¥2.90 Billion CN¥287.10 Million CN¥3.82 Billion ▲ +0.3 pp
2018 89.8% CN¥2.90 Billion CN¥296.14 Million CN¥4.15 Billion ▲ +1.0 pp
2017 88.7% CN¥2.72 Billion CN¥306.00 Million CN¥4.37 Billion ▲ +1.0 pp
2016 87.7% CN¥2.57 Billion CN¥315.59 Million CN¥4.74 Billion ▼ -2.5 pp
2015 90.2% CN¥2.83 Billion CN¥278.34 Million CN¥5.08 Billion ▲ +0.4 pp
2014 89.8% CN¥2.76 Billion CN¥283.13 Million CN¥4.53 Billion ▼ -3.2 pp
2013 93.0% CN¥3.04 Billion CN¥213.68 Million CN¥4.82 Billion ▲ +3.0 pp
2012 90.0% CN¥2.28 Billion CN¥229.05 Million CN¥4.45 Billion ▲ +0.3 pp
2011 89.7% CN¥2.12 Billion CN¥218.83 Million CN¥3.85 Billion ▲ +1.7 pp
2010 88.0% CN¥1.90 Billion CN¥227.29 Million CN¥3.65 Billion ▲ +0.7 pp
2009 87.3% CN¥1.73 Billion CN¥220.26 Million CN¥2.90 Billion ▲ +4.5 pp
2008 82.8% CN¥1.81 Billion CN¥312.85 Million CN¥3.88 Billion ▼ -8.0 pp
2007 90.8% CN¥1.47 Billion CN¥135.73 Million CN¥2.49 Billion ▼ -2.7 pp
2006 93.5% CN¥1.27 Billion CN¥82.62 Million CN¥2.26 Billion ▼ -0.4 pp
2005 93.9% CN¥1.14 Billion CN¥69.37 Million CN¥1.62 Billion ▲ +1.0 pp
2004 92.9% CN¥1.01 Billion CN¥71.83 Million CN¥1.45 Billion ▲ +1.1 pp
2003 91.7% CN¥902.72 Million CN¥74.62 Million CN¥1.29 Billion ▼ -4.4 pp
2002 96.1% CN¥790.66 Million CN¥30.52 Million CN¥1.31 Billion ▲ +1.3 pp
2001 94.8% CN¥628.24 Million CN¥32.55 Million CN¥792.18 Million ▼ -1.1 pp
2000 95.9% CN¥630.20 Million CN¥25.86 Million CN¥776.79 Million ▲ +0.6 pp
1999 95.3% CN¥591.33 Million CN¥28.04 Million CN¥683.11 Million ▼ -0.2 pp
1998 95.5% CN¥416.94 Million CN¥18.74 Million CN¥462.86 Million ▲ +1.1 pp
1997 94.5% CN¥362.33 Million CN¥20.09 Million CN¥466.12 Million ▲ +10.9 pp
1996 83.5% CN¥130.35 Million CN¥21.45 Million CN¥234.75 Million ▲ +0.0 pp
1995 83.5% CN¥70.10 Million CN¥11.55 Million CN¥166.08 Million ▲ +6.2 pp
1994 77.3% CN¥54.44 Million CN¥12.36 Million CN¥129.01 Million
pp = percentage points