SPIC Dongfang New Energy Corp (000958) — Tangible Net Worth Ratio
SPIC Dongfang New Energy Corp (000958) has a Tangible Net Worth Ratio of 98.1% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.06 Billion) from net assets (CN¥56.65 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 SPIC Dongfang New Energy Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SPIC Dongfang New Energy Corp Tangible Net Worth Ratio (1996–2025)
This chart shows how SPIC Dongfang New Energy Corp's Tangible Net Worth Ratio has changed across 26 annual periods from 1996 to 2025. As of March 2026, the ratio stands at 98.1%, reflecting net assets of CN¥56.65 Billion with intangible assets of CN¥1.06 Billion CNY. See SPIC Dongfang New Energy Corp (000958) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for SPIC Dongfang New Energy Corp (1996–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for SPIC Dongfang New Energy Corp from 1996 to 2025, covering 26 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 how much is SPIC Dongfang New Energy Corp worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.1% | CN¥55.38 Billion | CN¥1.06 Billion | CN¥139.41 Billion | ▼ -1.0 pp |
| 2024 | 99.1% | CN¥29.79 Billion | CN¥273.64 Million | CN¥47.83 Billion | ▼ 0.0 pp |
| 2023 | 99.1% | CN¥28.98 Billion | CN¥263.27 Million | CN¥45.83 Billion | ▼ 0.0 pp |
| 2022 | 99.1% | CN¥28.00 Billion | CN¥243.65 Million | CN¥46.19 Billion | ▲ +0.0 pp |
| 2021 | 99.1% | CN¥25.43 Billion | CN¥222.38 Million | CN¥47.31 Billion | ▼ -0.3 pp |
| 2020 | 99.4% | CN¥33.35 Billion | CN¥200.99 Million | CN¥91.68 Billion | ▲ +0.1 pp |
| 2019 | 99.3% | CN¥30.69 Billion | CN¥202.03 Million | CN¥79.59 Billion | ▲ +0.1 pp |
| 2018 | 99.3% | CN¥28.76 Billion | CN¥204.54 Million | CN¥75.05 Billion | ▲ +8.4 pp |
| 2017 | 90.9% | CN¥2.93 Billion | CN¥265.88 Million | CN¥8.43 Billion | ▲ +1.2 pp |
| 2016 | 89.7% | CN¥2.64 Billion | CN¥270.61 Million | CN¥5.42 Billion | ▲ +1.5 pp |
| 2015 | 88.2% | CN¥2.32 Billion | CN¥274.13 Million | CN¥5.30 Billion | ▲ +6.4 pp |
| 2014 | 81.8% | CN¥1.54 Billion | CN¥280.12 Million | CN¥5.35 Billion | ▲ +2.9 pp |
| 2013 | 78.8% | CN¥854.18 Million | CN¥180.73 Million | CN¥2.88 Billion | ▲ +14.3 pp |
| 2008 | 64.6% | CN¥831.74 Million | CN¥294.57 Million | CN¥2.86 Billion | ▼ -12.4 pp |
| 2007 | 77.0% | CN¥1.16 Billion | CN¥267.52 Million | CN¥3.05 Billion | ▲ +0.7 pp |
| 2006 | 76.3% | CN¥1.15 Billion | CN¥273.06 Million | CN¥3.11 Billion | ▼ -23.6 pp |
| 2005 | 99.9% | CN¥1.30 Billion | CN¥1.68 Million | CN¥3.41 Billion | ▲ +0.0 pp |
| 2004 | 99.9% | CN¥1.27 Billion | CN¥1.80 Million | CN¥2.90 Billion | ▼ 0.0 pp |
| 2003 | 99.9% | CN¥1.29 Billion | CN¥1.21 Million | CN¥2.38 Billion | ▼ -0.1 pp |
| 2002 | 100.0% | CN¥1.21 Billion | CN¥0.00 | CN¥2.08 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | CN¥610.58 Million | CN¥0.00 | CN¥1.46 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | CN¥546.37 Million | CN¥0.00 | CN¥1.27 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | CN¥512.04 Million | CN¥0.00 | CN¥1.12 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | CN¥197.66 Million | CN¥0.00 | CN¥555.11 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CN¥168.75 Million | CN¥0.00 | CN¥479.57 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CN¥166.17 Million | CN¥0.00 | CN¥436.15 Million | — |