Jiangxi Wannianqing Cement Co Ltd (000789) — Tangible Net Worth Ratio

Latest as of March 2026: 82.2%

Jiangxi Wannianqing Cement Co Ltd (000789) has a Tangible Net Worth Ratio of 82.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.67 Billion) from net assets (CN¥9.39 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 Jiangxi Wannianqing Cement Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

82.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥9.39 Billion
CNY

Intangible Assets

CN¥1.67 Billion
Goodwill, patents, brand value

Total Assets

CN¥14.29 Billion
CNY

Jiangxi Wannianqing Cement Co Ltd Tangible Net Worth Ratio (1994–2025)

This chart shows how Jiangxi Wannianqing Cement 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 82.2%, reflecting net assets of CN¥9.39 Billion with intangible assets of CN¥1.67 Billion CNY. See Jiangxi Wannianqing Cement Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Jiangxi Wannianqing Cement Co Ltd (1994–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Jiangxi Wannianqing Cement 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 Jiangxi Wannianqing Cement Co Ltd stock valuation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 83.4% CN¥9.50 Billion CN¥1.58 Billion CN¥14.59 Billion ▼ -1.3 pp
2024 84.8% CN¥10.26 Billion CN¥1.56 Billion CN¥16.53 Billion ▼ -8.8 pp
2023 93.6% CN¥10.39 Billion CN¥669.69 Million CN¥17.00 Billion ▲ +10.0 pp
2022 83.6% CN¥10.46 Billion CN¥1.72 Billion CN¥18.22 Billion ▼ -1.0 pp
2021 84.6% CN¥10.90 Billion CN¥1.68 Billion CN¥17.43 Billion ▲ +2.0 pp
2020 82.6% CN¥9.35 Billion CN¥1.63 Billion CN¥15.14 Billion ▲ +4.1 pp
2019 78.5% CN¥7.52 Billion CN¥1.62 Billion CN¥11.81 Billion ▼ -8.1 pp
2018 86.5% CN¥6.09 Billion CN¥821.61 Million CN¥10.05 Billion ▲ +2.4 pp
2017 84.1% CN¥4.63 Billion CN¥735.92 Million CN¥8.37 Billion ▼ -0.8 pp
2016 84.9% CN¥4.39 Billion CN¥663.71 Million CN¥8.48 Billion ▲ +1.4 pp
2015 83.5% CN¥4.09 Billion CN¥674.43 Million CN¥9.01 Billion ▼ -1.7 pp
2014 85.2% CN¥4.20 Billion CN¥620.79 Million CN¥8.84 Billion ▲ +1.7 pp
2013 83.5% CN¥3.55 Billion CN¥584.19 Million CN¥7.85 Billion ▲ +2.9 pp
2012 80.7% CN¥2.86 Billion CN¥553.03 Million CN¥7.19 Billion ▼ -0.6 pp
2011 81.2% CN¥2.61 Billion CN¥489.87 Million CN¥7.03 Billion ▲ +1.9 pp
2010 79.3% CN¥2.33 Billion CN¥483.65 Million CN¥6.59 Billion ▲ +1.7 pp
2009 77.6% CN¥2.06 Billion CN¥462.49 Million CN¥5.79 Billion ▼ 0.0 pp
2008 77.6% CN¥1.69 Billion CN¥378.14 Million CN¥3.90 Billion ▲ +0.5 pp
2007 77.1% CN¥1.24 Billion CN¥283.29 Million CN¥2.63 Billion ▲ +7.2 pp
2006 69.9% CN¥691.24 Million CN¥207.85 Million CN¥2.07 Billion ▼ -29.1 pp
2005 99.1% CN¥677.08 Million CN¥6.38 Million CN¥1.98 Billion ▲ +0.2 pp
2004 98.8% CN¥712.04 Million CN¥8.48 Million CN¥1.89 Billion ▼ -0.1 pp
2003 98.9% CN¥784.94 Million CN¥8.46 Million CN¥1.60 Billion ▼ -1.1 pp
2002 100.0% CN¥741.06 Million CN¥200.75K CN¥1.16 Billion ▼ 0.0 pp
2001 100.0% CN¥733.27 Million CN¥9.72K CN¥1.04 Billion ▲ +1.1 pp
2000 98.9% CN¥648.64 Million CN¥7.00 Million CN¥861.62 Million ▼ -1.1 pp
1999 100.0% CN¥437.21 Million CN¥0.00 CN¥706.24 Million ▲ +0.0 pp
1998 100.0% CN¥436.78 Million CN¥0.00 CN¥584.86 Million ▲ +0.0 pp
1997 100.0% CN¥388.07 Million CN¥0.00 CN¥518.65 Million ▲ +0.0 pp
1996 100.0% CN¥157.70 Million CN¥0.00 CN¥265.48 Million ▲ +0.0 pp
1995 100.0% CN¥135.40 Million CN¥0.00 CN¥229.98 Million ▲ +0.0 pp
1994 100.0% CN¥62.54 Million CN¥0.00 CN¥143.93 Million
pp = percentage points