Daqing Huake Co Ltd (000985) — Tangible Net Worth Ratio

Latest as of March 2026: 98.1%

Daqing Huake Co Ltd (000985) has a Tangible Net Worth Ratio of 98.1% as of March 2026. This metric is calculated by deducting intangible assets (CN¥11.33 Million) from net assets (CN¥611.86 Million) 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 000985 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

98.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥611.86 Million
CNY

Intangible Assets

CN¥11.33 Million
Goodwill, patents, brand value

Total Assets

CN¥722.20 Million
CNY

Daqing Huake Co Ltd Tangible Net Worth Ratio (1997–2025)

This chart shows how Daqing Huake Co Ltd's Tangible Net Worth Ratio has changed across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 98.1%, reflecting net assets of CN¥611.86 Million with intangible assets of CN¥11.33 Million CNY. See Daqing Huake Co Ltd (000985) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Daqing Huake Co Ltd (1997–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Daqing Huake Co Ltd from 1997 to 2025, 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 000985 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 98.1% CN¥604.82 Million CN¥11.77 Million CN¥661.03 Million ▼ -0.1 pp
2024 98.2% CN¥604.05 Million CN¥10.87 Million CN¥697.16 Million ▼ -0.1 pp
2023 98.3% CN¥586.06 Million CN¥10.06 Million CN¥701.94 Million ▲ +0.2 pp
2022 98.1% CN¥603.17 Million CN¥11.44 Million CN¥706.07 Million ▲ +0.3 pp
2021 97.8% CN¥592.29 Million CN¥12.83 Million CN¥705.44 Million ▼ -0.5 pp
2020 98.3% CN¥578.20 Million CN¥9.66 Million CN¥694.66 Million ▲ +0.2 pp
2019 98.2% CN¥578.12 Million CN¥10.63 Million CN¥741.04 Million ▲ +0.4 pp
2018 97.8% CN¥526.24 Million CN¥11.60 Million CN¥692.51 Million ▲ +0.6 pp
2017 97.2% CN¥553.67 Million CN¥15.58 Million CN¥700.55 Million ▲ +1.9 pp
2016 95.3% CN¥518.34 Million CN¥24.41 Million CN¥662.78 Million ▼ -0.1 pp
2015 95.4% CN¥482.11 Million CN¥22.13 Million CN¥607.48 Million ▲ +0.0 pp
2014 95.4% CN¥501.93 Million CN¥23.27 Million CN¥635.08 Million ▲ +0.3 pp
2013 95.1% CN¥494.91 Million CN¥24.40 Million CN¥614.18 Million ▲ +1.5 pp
2012 93.5% CN¥472.44 Million CN¥30.54 Million CN¥600.20 Million ▼ -0.3 pp
2011 93.9% CN¥488.75 Million CN¥29.90 Million CN¥581.64 Million ▲ +0.9 pp
2010 93.0% CN¥475.24 Million CN¥33.16 Million CN¥520.26 Million ▲ +0.5 pp
2009 92.5% CN¥467.40 Million CN¥35.06 Million CN¥510.36 Million ▼ -4.9 pp
2008 97.4% CN¥436.30 Million CN¥11.37 Million CN¥475.67 Million ▼ -0.1 pp
2007 97.5% CN¥458.45 Million CN¥11.41 Million CN¥523.77 Million ▼ -1.8 pp
2006 99.3% CN¥431.73 Million CN¥2.82 Million CN¥492.46 Million ▲ +0.1 pp
2005 99.2% CN¥425.16 Million CN¥3.27 Million CN¥488.76 Million ▲ +0.1 pp
2004 99.1% CN¥413.20 Million CN¥3.73 Million CN¥468.59 Million ▲ +0.4 pp
2003 98.7% CN¥411.54 Million CN¥5.21 Million CN¥479.10 Million ▲ +0.2 pp
2002 98.5% CN¥404.07 Million CN¥5.92 Million CN¥523.84 Million ▲ +0.0 pp
2001 98.5% CN¥401.34 Million CN¥5.89 Million CN¥483.53 Million ▼ -1.4 pp
2000 99.9% CN¥379.56 Million CN¥200.00K CN¥475.40 Million ▼ -0.1 pp
1999 100.0% CN¥132.13 Million CN¥0.00 CN¥180.71 Million ▲ +0.0 pp
1998 100.0% CN¥125.06 Million CN¥0.00 CN¥176.55 Million ▲ +0.0 pp
1997 100.0% CN¥111.68 Million CN¥0.00 CN¥180.79 Million
pp = percentage points