Xinxiang Chemical Fiber Co Ltd (000949) — Tangible Net Worth Ratio

Latest as of September 2025: 96.0%

Xinxiang Chemical Fiber Co Ltd (000949) has a Tangible Net Worth Ratio of 96.0% as of September 2025. This metric is calculated by deducting intangible assets (CN¥267.02 Million) from net assets (CN¥6.63 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 000949 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

96.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥6.63 Billion
CNY

Intangible Assets

CN¥267.02 Million
Goodwill, patents, brand value

Total Assets

CN¥13.36 Billion
CNY

Xinxiang Chemical Fiber Co Ltd Tangible Net Worth Ratio (1996–2024)

This chart shows how Xinxiang Chemical Fiber Co Ltd's Tangible Net Worth Ratio has changed across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 96.0%, reflecting net assets of CN¥6.63 Billion with intangible assets of CN¥267.02 Million CNY. See 000949 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Xinxiang Chemical Fiber Co Ltd (1996–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Xinxiang Chemical Fiber Co Ltd from 1996 to 2024, covering 29 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 Xinxiang Chemical Fiber Co Ltd (000949) market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 95.8% CN¥6.56 Billion CN¥272.76 Million CN¥13.08 Billion ▲ +0.9 pp
2023 94.9% CN¥5.45 Billion CN¥276.00 Million CN¥11.99 Billion ▲ +0.1 pp
2022 94.9% CN¥5.51 Billion CN¥283.38 Million CN¥11.19 Billion ▼ -2.9 pp
2021 97.8% CN¥6.20 Billion CN¥137.84 Million CN¥11.25 Billion ▲ +1.4 pp
2020 96.4% CN¥3.85 Billion CN¥139.74 Million CN¥8.78 Billion ▼ -1.7 pp
2019 98.1% CN¥3.78 Billion CN¥72.88 Million CN¥8.13 Billion ▲ +0.1 pp
2018 98.0% CN¥3.67 Billion CN¥74.99 Million CN¥7.88 Billion ▲ +0.1 pp
2017 97.8% CN¥3.57 Billion CN¥76.87 Million CN¥6.48 Billion ▼ -0.2 pp
2016 98.1% CN¥3.57 Billion CN¥68.60 Million CN¥5.70 Billion ▲ +0.9 pp
2015 97.2% CN¥2.52 Billion CN¥70.48 Million CN¥4.98 Billion ▼ -0.1 pp
2014 97.3% CN¥2.41 Billion CN¥65.60 Million CN¥4.47 Billion ▲ +1.1 pp
2013 96.1% CN¥1.73 Billion CN¥67.07 Million CN¥4.31 Billion ▲ +0.2 pp
2012 96.0% CN¥1.70 Billion CN¥68.73 Million CN¥4.42 Billion ▼ -1.7 pp
2011 97.6% CN¥1.84 Billion CN¥43.38 Million CN¥4.76 Billion ▲ +0.0 pp
2010 97.6% CN¥1.87 Billion CN¥44.44 Million CN¥4.46 Billion ▲ +0.9 pp
2009 96.7% CN¥1.42 Billion CN¥46.36 Million CN¥3.85 Billion ▲ +0.4 pp
2008 96.3% CN¥1.32 Billion CN¥48.80 Million CN¥3.43 Billion ▼ -0.6 pp
2007 96.9% CN¥1.62 Billion CN¥50.20 Million CN¥3.64 Billion ▼ -2.2 pp
2006 99.1% CN¥1.36 Billion CN¥11.65 Million CN¥3.16 Billion ▲ +0.2 pp
2005 98.9% CN¥1.28 Billion CN¥14.04 Million CN¥3.30 Billion ▲ +0.4 pp
2004 98.5% CN¥1.31 Billion CN¥19.88 Million CN¥3.20 Billion ▼ -1.5 pp
2003 100.0% CN¥1.25 Billion CN¥268.32K CN¥2.15 Billion ▲ +0.0 pp
2002 100.0% CN¥1.05 Billion CN¥402.49K CN¥1.60 Billion ▼ 0.0 pp
2001 100.0% CN¥1.00 Billion CN¥0.00 CN¥1.28 Billion ▲ +0.0 pp
2000 100.0% CN¥960.13 Million CN¥0.00 CN¥1.22 Billion ▲ +0.0 pp
1999 100.0% CN¥886.10 Million CN¥0.00 CN¥1.05 Billion ▲ +0.0 pp
1998 100.0% CN¥266.46 Million CN¥0.00 CN¥492.57 Million ▲ +0.0 pp
1997 100.0% CN¥285.85 Million CN¥0.00 CN¥498.09 Million ▲ +0.0 pp
1996 100.0% CN¥123.80 Million CN¥0.00 CN¥280.16 Million
pp = percentage points