Sinomach Precision Industry Co Ltd (002046) — Tangible Net Worth Ratio

Latest as of March 2026: 96.8%

Sinomach Precision Industry Co Ltd (002046) has a Tangible Net Worth Ratio of 96.8% as of March 2026. This metric is calculated by deducting intangible assets (CN¥178.61 Million) from net assets (CN¥5.65 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 002046 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

96.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥5.65 Billion
CNY

Intangible Assets

CN¥178.61 Million
Goodwill, patents, brand value

Total Assets

CN¥8.14 Billion
CNY

Sinomach Precision Industry Co Ltd Tangible Net Worth Ratio (2002–2025)

This chart shows how Sinomach Precision Industry Co Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 96.8%, reflecting net assets of CN¥5.65 Billion with intangible assets of CN¥178.61 Million CNY. See Sinomach Precision Industry Co Ltd (002046) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Sinomach Precision Industry Co Ltd (2002–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Sinomach Precision Industry Co Ltd from 2002 to 2025, covering 24 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 Sinomach Precision Industry Co Ltd stock valuation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 96.8% CN¥5.65 Billion CN¥180.74 Million CN¥8.02 Billion ▲ +2.6 pp
2024 94.2% CN¥3.75 Billion CN¥217.97 Million CN¥6.19 Billion ▲ +0.8 pp
2023 93.4% CN¥3.37 Billion CN¥221.56 Million CN¥5.17 Billion ▲ +5.2 pp
2022 88.2% CN¥3.19 Billion CN¥377.20 Million CN¥5.25 Billion ▲ +1.5 pp
2021 86.7% CN¥3.01 Billion CN¥401.08 Million CN¥4.93 Billion ▲ +0.4 pp
2020 86.3% CN¥2.92 Billion CN¥400.04 Million CN¥4.75 Billion ▲ +0.8 pp
2019 85.5% CN¥2.85 Billion CN¥412.78 Million CN¥4.62 Billion ▼ -0.3 pp
2018 85.8% CN¥2.82 Billion CN¥400.52 Million CN¥4.61 Billion ▲ +4.5 pp
2017 81.3% CN¥2.22 Billion CN¥415.08 Million CN¥3.74 Billion ▼ -0.4 pp
2016 81.7% CN¥2.24 Billion CN¥411.22 Million CN¥3.88 Billion ▲ +0.9 pp
2015 80.7% CN¥1.22 Billion CN¥234.87 Million CN¥2.24 Billion ▼ -1.8 pp
2014 82.5% CN¥1.38 Billion CN¥240.60 Million CN¥2.29 Billion ▲ +5.5 pp
2013 77.0% CN¥1.07 Billion CN¥245.99 Million CN¥2.05 Billion ▲ +0.8 pp
2012 76.2% CN¥1.02 Billion CN¥242.54 Million CN¥1.89 Billion ▲ +10.2 pp
2011 66.0% CN¥602.99 Million CN¥205.20 Million CN¥1.19 Billion ▼ -14.9 pp
2010 80.8% CN¥546.28 Million CN¥104.73 Million CN¥863.65 Million ▲ +2.0 pp
2009 78.8% CN¥508.67 Million CN¥107.69 Million CN¥714.61 Million ▲ +1.5 pp
2008 77.3% CN¥482.31 Million CN¥109.39 Million CN¥668.82 Million ▼ -17.1 pp
2007 94.4% CN¥332.93 Million CN¥18.58 Million CN¥392.80 Million ▲ +0.7 pp
2006 93.8% CN¥299.32 Million CN¥18.65 Million CN¥357.07 Million ▲ +0.6 pp
2005 93.1% CN¥274.00 Million CN¥18.82 Million CN¥329.63 Million ▲ +11.9 pp
2004 81.2% CN¥101.11 Million CN¥19.00 Million CN¥169.77 Million ▼ -8.6 pp
2003 89.8% CN¥79.94 Million CN¥8.17 Million CN¥134.80 Million ▼ -10.2 pp
2002 100.0% CN¥61.52 Million CN¥0.00 CN¥129.43 Million
pp = percentage points