HBIS Resources Co Ltd (000923) — Tangible Net Worth Ratio

Latest as of March 2026: 96.0%

HBIS Resources Co Ltd (000923) has a Tangible Net Worth Ratio of 96.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥528.26 Million) from net assets (CN¥13.31 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. Also explore 000923 net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

96.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥13.31 Billion
CNY

Intangible Assets

CN¥528.26 Million
Goodwill, patents, brand value

Total Assets

CN¥17.92 Billion
CNY

HBIS Resources Co Ltd Tangible Net Worth Ratio (1996–2025)

This chart shows how HBIS Resources Co Ltd's Tangible Net Worth Ratio has changed across 30 annual periods from 1996 to 2025. As of March 2026, the ratio stands at 96.0%, reflecting net assets of CN¥13.31 Billion with intangible assets of CN¥528.26 Million CNY. For live market cap and overall valuation, see how much is HBIS Resources Co Ltd worth.

Annual Tangible Net Worth Ratio for HBIS Resources Co Ltd (1996–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for HBIS Resources Co Ltd from 1996 to 2025, covering 30 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. Explore HBIS Resources Co Ltd capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 99.8% CN¥13.91 Billion CN¥21.51 Million CN¥18.79 Billion ▲ +4.0 pp
2024 95.9% CN¥12.73 Billion CN¥523.12 Million CN¥16.40 Billion ▼ -3.9 pp
2023 99.8% CN¥12.19 Billion CN¥19.40 Million CN¥15.87 Billion ▲ +4.8 pp
2022 95.0% CN¥11.93 Billion CN¥592.75 Million CN¥15.44 Billion ▲ +0.5 pp
2021 94.5% CN¥10.74 Billion CN¥591.87 Million CN¥13.98 Billion ▲ +1.6 pp
2020 92.8% CN¥9.85 Billion CN¥704.85 Million CN¥13.43 Billion ▲ +1.4 pp
2019 91.4% CN¥9.44 Billion CN¥811.00 Million CN¥12.84 Billion ▲ +2.5 pp
2018 88.9% CN¥8.36 Billion CN¥927.22 Million CN¥12.38 Billion ▲ +0.7 pp
2017 88.2% CN¥8.86 Billion CN¥1.05 Billion CN¥13.58 Billion ▲ +12.5 pp
2016 75.8% CN¥407.94 Million CN¥98.92 Million CN¥1.41 Billion ▲ +0.0 pp
2015 75.7% CN¥421.21 Million CN¥102.15 Million CN¥1.46 Billion ▼ -0.8 pp
2014 76.6% CN¥449.43 Million CN¥105.38 Million CN¥1.47 Billion ▼ -2.7 pp
2013 79.2% CN¥522.53 Million CN¥108.57 Million CN¥1.53 Billion ▼ -7.3 pp
2012 86.6% CN¥597.15 Million CN¥80.21 Million CN¥1.44 Billion ▲ +0.6 pp
2011 86.0% CN¥580.77 Million CN¥81.60 Million CN¥1.28 Billion ▼ -0.5 pp
2010 86.4% CN¥620.55 Million CN¥84.26 Million CN¥1.12 Billion ▲ +2.5 pp
2009 83.9% CN¥530.86 Million CN¥85.59 Million CN¥1.07 Billion ▲ +3.2 pp
2008 80.6% CN¥455.95 Million CN¥88.23 Million CN¥961.49 Million ▼ -2.4 pp
2007 83.0% CN¥530.23 Million CN¥89.97 Million CN¥995.66 Million ▲ +7.6 pp
2006 75.4% CN¥376.21 Million CN¥92.47 Million CN¥779.83 Million ▲ +1.0 pp
2005 74.5% CN¥372.01 Million CN¥94.99 Million CN¥822.33 Million ▼ -2.1 pp
2004 76.5% CN¥415.63 Million CN¥97.48 Million CN¥822.50 Million ▲ +0.8 pp
2003 75.7% CN¥417.86 Million CN¥101.36 Million CN¥811.33 Million ▲ +0.8 pp
2002 74.9% CN¥413.56 Million CN¥103.70 Million CN¥809.80 Million ▼ -24.6 pp
2001 99.6% CN¥405.78 Million CN¥1.77 Million CN¥705.26 Million ▼ -0.4 pp
2000 100.0% CN¥391.17 Million CN¥0.00 CN¥683.04 Million ▲ +0.0 pp
1999 100.0% CN¥390.61 Million CN¥0.00 CN¥660.51 Million ▲ +0.0 pp
1998 100.0% CN¥189.51 Million CN¥0.00 CN¥427.74 Million ▲ +0.0 pp
1997 100.0% CN¥134.08 Million CN¥0.00 CN¥390.41 Million ▲ +0.0 pp
1996 100.0% CN¥130.44 Million CN¥0.00 CN¥348.06 Million
pp = percentage points