Hisense Kelon Electrical Holdings Co Ltd (000921) — Tangible Net Worth Ratio

Latest as of September 2025: 93.2%

Hisense Kelon Electrical Holdings Co Ltd (000921) has a Tangible Net Worth Ratio of 93.2% as of September 2025. This metric is calculated by deducting intangible assets (CN¥1.40 Billion) from net assets (CN¥20.63 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 working capital to net assets of Hisense Kelon Electrical Holdings Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

93.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥20.63 Billion
CNY

Intangible Assets

CN¥1.40 Billion
Goodwill, patents, brand value

Total Assets

CN¥71.93 Billion
CNY

Hisense Kelon Electrical Holdings Co Ltd Tangible Net Worth Ratio (1996–2024)

This chart shows how Hisense Kelon Electrical Holdings Co Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 93.2%, reflecting net assets of CN¥20.63 Billion with intangible assets of CN¥1.40 Billion CNY. See 000921 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Hisense Kelon Electrical Holdings Co Ltd (1996–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Hisense Kelon Electrical Holdings Co Ltd from 1996 to 2024, covering 24 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 Hisense Kelon Electrical Holdings Co Ltd market cap and net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 92.7% CN¥19.37 Billion CN¥1.41 Billion CN¥69.70 Billion ▼ -0.3 pp
2023 93.1% CN¥19.40 Billion CN¥1.34 Billion CN¥65.95 Billion ▲ +2.0 pp
2022 91.0% CN¥16.28 Billion CN¥1.46 Billion CN¥55.38 Billion ▲ +1.6 pp
2021 89.5% CN¥15.59 Billion CN¥1.64 Billion CN¥55.95 Billion ▲ +1.6 pp
2020 87.9% CN¥14.41 Billion CN¥1.75 Billion CN¥41.81 Billion ▲ +3.3 pp
2019 84.6% CN¥12.48 Billion CN¥1.92 Billion CN¥33.99 Billion ▼ -6.3 pp
2018 90.9% CN¥7.89 Billion CN¥714.71 Million CN¥21.83 Billion ▲ +1.0 pp
2017 89.9% CN¥7.09 Billion CN¥716.34 Million CN¥21.61 Billion ▲ +3.7 pp
2016 86.1% CN¥5.32 Billion CN¥737.34 Million CN¥19.06 Billion ▲ +1.7 pp
2015 84.5% CN¥4.47 Billion CN¥694.38 Million CN¥14.29 Billion ▲ +1.5 pp
2014 83.0% CN¥3.94 Billion CN¥670.94 Million CN¥13.27 Billion ▼ -0.6 pp
2013 83.6% CN¥3.18 Billion CN¥521.78 Million CN¥11.96 Billion ▲ +10.1 pp
2012 73.5% CN¥1.87 Billion CN¥495.50 Million CN¥9.20 Billion ▲ +18.4 pp
2011 55.2% CN¥1.16 Billion CN¥520.07 Million CN¥7.64 Billion ▲ +13.7 pp
2010 41.5% CN¥910.95 Million CN¥533.09 Million CN¥8.02 Billion ▼ -21.9 pp
2004 63.4% CN¥2.93 Billion CN¥1.07 Billion CN¥11.16 Billion ▼ -2.0 pp
2003 65.5% CN¥3.11 Billion CN¥1.07 Billion CN¥9.49 Billion ▼ -23.3 pp
2002 88.8% CN¥2.80 Billion CN¥313.88 Million CN¥7.66 Billion ▲ +0.4 pp
2001 88.4% CN¥2.63 Billion CN¥305.78 Million CN¥6.53 Billion ▼ -4.2 pp
2000 92.6% CN¥4.24 Billion CN¥313.97 Million CN¥6.91 Billion ▼ -1.2 pp
1999 93.8% CN¥5.25 Billion CN¥323.96 Million CN¥7.49 Billion ▲ +1.3 pp
1998 92.6% CN¥3.74 Billion CN¥277.35 Million CN¥6.66 Billion ▲ +0.4 pp
1997 92.2% CN¥3.24 Billion CN¥251.99 Million CN¥4.95 Billion ▲ +3.0 pp
1996 89.2% CN¥1.97 Billion CN¥213.13 Million CN¥2.84 Billion
pp = percentage points