Ningbo Huaxiang Electronic Co Ltd (002048) — Tangible Net Worth Ratio
Ningbo Huaxiang Electronic Co Ltd (002048) has a Tangible Net Worth Ratio of 95.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥542.78 Million) from net assets (CN¥13.40 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 Ningbo Huaxiang Electronic Co Ltd (002048) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ningbo Huaxiang Electronic Co Ltd Tangible Net Worth Ratio (2002–2025)
This chart shows how Ningbo Huaxiang Electronic 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 95.9%, reflecting net assets of CN¥13.40 Billion with intangible assets of CN¥542.78 Million CNY. Also explore Ningbo Huaxiang Electronic Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Ningbo Huaxiang Electronic Co Ltd (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Ningbo Huaxiang Electronic 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 how much is Ningbo Huaxiang Electronic Co Ltd worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.8% | CN¥12.93 Billion | CN¥542.50 Million | CN¥27.19 Billion | ▲ +0.2 pp |
| 2024 | 95.6% | CN¥12.93 Billion | CN¥566.10 Million | CN¥29.16 Billion | ▼ -0.4 pp |
| 2023 | 96.0% | CN¥13.85 Billion | CN¥554.40 Million | CN¥27.24 Billion | ▼ -0.5 pp |
| 2022 | 96.5% | CN¥12.69 Billion | CN¥438.37 Million | CN¥23.05 Billion | ▲ +0.4 pp |
| 2021 | 96.1% | CN¥12.20 Billion | CN¥470.65 Million | CN¥21.85 Billion | ▼ -0.2 pp |
| 2020 | 96.3% | CN¥11.69 Billion | CN¥428.47 Million | CN¥19.28 Billion | ▲ +0.5 pp |
| 2019 | 95.8% | CN¥10.50 Billion | CN¥438.35 Million | CN¥17.13 Billion | ▲ +0.3 pp |
| 2018 | 95.5% | CN¥9.35 Billion | CN¥419.53 Million | CN¥16.26 Billion | ▼ -0.2 pp |
| 2017 | 95.7% | CN¥8.90 Billion | CN¥380.91 Million | CN¥16.20 Billion | ▲ +2.6 pp |
| 2016 | 93.1% | CN¥6.11 Billion | CN¥419.93 Million | CN¥13.52 Billion | ▼ -3.0 pp |
| 2015 | 96.1% | CN¥5.68 Billion | CN¥221.50 Million | CN¥10.53 Billion | ▲ +0.2 pp |
| 2014 | 95.9% | CN¥4.85 Billion | CN¥199.63 Million | CN¥8.59 Billion | ▲ +0.9 pp |
| 2013 | 95.0% | CN¥3.89 Billion | CN¥194.95 Million | CN¥7.07 Billion | ▲ +1.2 pp |
| 2012 | 93.8% | CN¥3.08 Billion | CN¥189.74 Million | CN¥5.23 Billion | ▼ -0.5 pp |
| 2011 | 94.3% | CN¥3.06 Billion | CN¥173.33 Million | CN¥4.38 Billion | ▼ -1.2 pp |
| 2010 | 95.6% | CN¥2.97 Billion | CN¥130.78 Million | CN¥4.04 Billion | ▲ +3.0 pp |
| 2009 | 92.6% | CN¥1.70 Billion | CN¥125.61 Million | CN¥2.78 Billion | ▲ +6.0 pp |
| 2008 | 86.7% | CN¥1.40 Billion | CN¥187.32 Million | CN¥3.05 Billion | ▼ -0.9 pp |
| 2007 | 87.6% | CN¥1.21 Billion | CN¥150.69 Million | CN¥2.74 Billion | ▲ +2.0 pp |
| 2006 | 85.6% | CN¥1.07 Billion | CN¥153.71 Million | CN¥2.15 Billion | ▼ -11.4 pp |
| 2005 | 97.0% | CN¥426.87 Million | CN¥13.02 Million | CN¥950.17 Million | ▲ +1.8 pp |
| 2004 | 95.2% | CN¥230.64 Million | CN¥11.08 Million | CN¥468.04 Million | ▲ +1.9 pp |
| 2003 | 93.3% | CN¥178.71 Million | CN¥11.95 Million | CN¥346.79 Million | ▲ +3.8 pp |
| 2002 | 89.5% | CN¥126.68 Million | CN¥13.28 Million | CN¥226.51 Million | — |