Beijing Shougang Co Ltd (000959) — Tangible Net Worth Ratio
Beijing Shougang Co Ltd (000959) has a Tangible Net Worth Ratio of 89.7% as of September 2025. This metric is calculated by deducting intangible assets (CN¥5.73 Billion) from net assets (CN¥55.41 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 position of Beijing Shougang Co Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Beijing Shougang Co Ltd Tangible Net Worth Ratio (1996–2024)
This chart shows how Beijing Shougang 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 89.7%, reflecting net assets of CN¥55.41 Billion with intangible assets of CN¥5.73 Billion CNY. See defensive interval ratio of Beijing Shougang Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Beijing Shougang Co Ltd (1996–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Beijing Shougang 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 Beijing Shougang Co Ltd (000959) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 89.3% | CN¥54.60 Billion | CN¥5.85 Billion | CN¥131.86 Billion | ▲ +0.3 pp |
| 2023 | 89.0% | CN¥54.42 Billion | CN¥6.00 Billion | CN¥137.52 Billion | ▼ -3.2 pp |
| 2022 | 92.2% | CN¥50.07 Billion | CN¥3.91 Billion | CN¥143.17 Billion | ▲ +0.2 pp |
| 2021 | 92.0% | CN¥49.18 Billion | CN¥3.96 Billion | CN¥147.21 Billion | ▲ +2.4 pp |
| 2020 | 89.6% | CN¥38.83 Billion | CN¥4.06 Billion | CN¥144.37 Billion | ▼ -3.5 pp |
| 2019 | 93.0% | CN¥39.70 Billion | CN¥2.76 Billion | CN¥141.37 Billion | ▲ +0.1 pp |
| 2018 | 92.9% | CN¥36.37 Billion | CN¥2.58 Billion | CN¥135.11 Billion | ▲ +0.2 pp |
| 2017 | 92.7% | CN¥36.52 Billion | CN¥2.66 Billion | CN¥134.16 Billion | ▲ +0.8 pp |
| 2016 | 91.9% | CN¥33.58 Billion | CN¥2.72 Billion | CN¥127.21 Billion | ▼ -1.3 pp |
| 2015 | 93.2% | CN¥22.99 Billion | CN¥1.56 Billion | CN¥66.54 Billion | ▲ +0.9 pp |
| 2014 | 92.3% | CN¥23.90 Billion | CN¥1.84 Billion | CN¥61.55 Billion | ▲ +0.3 pp |
| 2013 | 92.0% | CN¥7.46 Billion | CN¥593.32 Million | CN¥15.77 Billion | ▼ -0.1 pp |
| 2012 | 92.2% | CN¥7.80 Billion | CN¥610.35 Million | CN¥16.12 Billion | ▼ -5.7 pp |
| 2011 | 97.9% | CN¥7.92 Billion | CN¥165.74 Million | CN¥16.49 Billion | ▼ -1.9 pp |
| 2010 | 99.8% | CN¥8.40 Billion | CN¥12.74 Million | CN¥17.55 Billion | ▲ +0.0 pp |
| 2009 | 99.8% | CN¥8.01 Billion | CN¥15.85 Million | CN¥18.51 Billion | ▲ +0.0 pp |
| 2008 | 99.8% | CN¥7.81 Billion | CN¥19.04 Million | CN¥17.41 Billion | ▲ +0.0 pp |
| 2007 | 99.7% | CN¥8.03 Billion | CN¥23.26 Million | CN¥18.22 Billion | ▲ +0.2 pp |
| 2006 | 99.5% | CN¥5.91 Billion | CN¥26.76 Million | CN¥16.93 Billion | ▲ +0.0 pp |
| 2005 | 99.5% | CN¥6.20 Billion | CN¥30.19 Million | CN¥15.14 Billion | ▼ -0.5 pp |
| 2004 | 100.0% | CN¥6.43 Billion | CN¥1.99 Million | CN¥13.98 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | CN¥6.10 Billion | CN¥2.31 Million | CN¥12.95 Billion | ▲ +0.0 pp |
| 2002 | 99.9% | CN¥5.15 Billion | CN¥2.64 Million | CN¥10.01 Billion | ▲ +0.0 pp |
| 2001 | 99.9% | CN¥5.04 Billion | CN¥3.00 Million | CN¥9.71 Billion | ▲ +0.0 pp |
| 2000 | 99.9% | CN¥5.09 Billion | CN¥3.37 Million | CN¥9.64 Billion | ▼ -0.1 pp |
| 1999 | 100.0% | CN¥4.90 Billion | CN¥0.00 | CN¥9.38 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | CN¥2.57 Billion | CN¥0.00 | CN¥7.45 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | CN¥2.57 Billion | CN¥0.00 | CN¥7.98 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | CN¥2.56 Billion | CN¥0.00 | CN¥8.32 Billion | — |