Hunan Jingfeng Pharmaceutical (000908) — Tangible Net Worth Ratio
Hunan Jingfeng Pharmaceutical (000908) has a Tangible Net Worth Ratio of -27.9% as of September 2023. This metric is calculated by deducting intangible assets (CN¥239.93 Million) from net assets (CN¥187.65 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 working capital position of Hunan Jingfeng Pharmaceutical to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hunan Jingfeng Pharmaceutical Tangible Net Worth Ratio (1995–2022)
This chart shows how Hunan Jingfeng Pharmaceutical's Tangible Net Worth Ratio has changed across 27 annual periods from 1995 to 2022. As of September 2023, the ratio stands at -27.9%, reflecting net assets of CN¥187.65 Million with intangible assets of CN¥239.93 Million CNY. See operational self-sufficiency of Hunan Jingfeng Pharmaceutical to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Hunan Jingfeng Pharmaceutical (1995–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Hunan Jingfeng Pharmaceutical from 1995 to 2022, covering 27 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 000908 market cap.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 4.9% | CN¥214.83 Million | CN¥204.36 Million | CN¥1.47 Billion | ▼ -30.9 pp |
| 2021 | 35.8% | CN¥327.73 Million | CN¥210.44 Million | CN¥1.79 Billion | ▼ -25.9 pp |
| 2020 | 61.6% | CN¥638.18 Million | CN¥244.78 Million | CN¥2.69 Billion | ▼ -19.5 pp |
| 2019 | 81.2% | CN¥1.94 Billion | CN¥365.23 Million | CN¥4.35 Billion | ▼ -6.6 pp |
| 2018 | 87.8% | CN¥2.86 Billion | CN¥348.18 Million | CN¥5.23 Billion | ▼ -2.6 pp |
| 2017 | 90.4% | CN¥2.60 Billion | CN¥248.53 Million | CN¥4.87 Billion | ▼ -3.3 pp |
| 2016 | 93.8% | CN¥2.61 Billion | CN¥162.41 Million | CN¥5.13 Billion | ▼ -3.1 pp |
| 2015 | 96.8% | CN¥2.25 Billion | CN¥70.87 Million | CN¥3.44 Billion | ▼ -0.2 pp |
| 2014 | 97.0% | CN¥994.04 Million | CN¥29.58 Million | CN¥1.91 Billion | ▲ +578.3 pp |
| 2013 | -481.3% | CN¥5.31 Million | CN¥30.86 Million | CN¥336.78 Million | ▲ +6828.5 pp |
| 2011 | -7309.7% | CN¥790.82K | CN¥58.60 Million | CN¥421.45 Million | ▼ -7331.1 pp |
| 2010 | 21.4% | CN¥57.85 Million | CN¥45.46 Million | CN¥471.37 Million | ▲ +240.3 pp |
| 2009 | -218.9% | CN¥100.67 Million | CN¥321.08 Million | CN¥784.81 Million | ▼ -213.8 pp |
| 2008 | -5.2% | CN¥338.64 Million | CN¥356.09 Million | CN¥989.24 Million | ▼ -80.4 pp |
| 2007 | 75.3% | CN¥336.95 Million | CN¥83.34 Million | CN¥814.38 Million | ▲ +6.6 pp |
| 2006 | 68.7% | CN¥336.40 Million | CN¥105.44 Million | CN¥822.47 Million | ▼ -3.4 pp |
| 2005 | 72.0% | CN¥329.66 Million | CN¥92.21 Million | CN¥840.14 Million | ▼ -0.9 pp |
| 2004 | 73.0% | CN¥339.45 Million | CN¥91.75 Million | CN¥889.56 Million | ▼ -2.4 pp |
| 2003 | 75.4% | CN¥419.38 Million | CN¥103.09 Million | CN¥983.02 Million | ▼ -3.7 pp |
| 2002 | 79.1% | CN¥522.69 Million | CN¥109.08 Million | CN¥866.67 Million | ▼ -12.6 pp |
| 2001 | 91.7% | CN¥498.41 Million | CN¥41.44 Million | CN¥620.88 Million | ▲ +1.5 pp |
| 2000 | 90.2% | CN¥500.54 Million | CN¥49.11 Million | CN¥697.92 Million | ▼ -0.8 pp |
| 1999 | 91.0% | CN¥485.43 Million | CN¥43.82 Million | CN¥691.94 Million | ▼ -3.0 pp |
| 1998 | 94.0% | CN¥400.62 Million | CN¥24.01 Million | CN¥473.15 Million | ▲ +6.7 pp |
| 1997 | 87.3% | CN¥86.51 Million | CN¥11.01 Million | CN¥132.21 Million | ▼ -5.5 pp |
| 1996 | 92.8% | CN¥60.83 Million | CN¥4.40 Million | CN¥131.54 Million | ▲ +2.9 pp |
| 1995 | 89.9% | CN¥30.79 Million | CN¥3.12 Million | CN¥66.33 Million | — |