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. For live market cap and overall valuation, see Hunan Jingfeng Pharmaceutical market cap and net worth.
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. Also explore Hunan Jingfeng Pharmaceutical (000908) net asset momentum to track the company's year-over-year net asset growth rate.
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. See Hunan Jingfeng Pharmaceutical leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
| 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 | — |