Zhejiang Wanfeng Auto Wheel Co Ltd (002085) — Tangible Net Worth Ratio

Latest as of September 2025: 80.2%

Zhejiang Wanfeng Auto Wheel Co Ltd (002085) has a Tangible Net Worth Ratio of 80.2% as of September 2025. This metric is calculated by deducting intangible assets (CN¥2.08 Billion) from net assets (CN¥10.49 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 Zhejiang Wanfeng Auto Wheel Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

80.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥10.49 Billion
CNY

Intangible Assets

CN¥2.08 Billion
Goodwill, patents, brand value

Total Assets

CN¥18.67 Billion
CNY

Zhejiang Wanfeng Auto Wheel Co Ltd Tangible Net Worth Ratio (2003–2024)

This chart shows how Zhejiang Wanfeng Auto Wheel Co Ltd's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 80.2%, reflecting net assets of CN¥10.49 Billion with intangible assets of CN¥2.08 Billion CNY. See Zhejiang Wanfeng Auto Wheel Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Zhejiang Wanfeng Auto Wheel Co Ltd (2003–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Zhejiang Wanfeng Auto Wheel Co Ltd from 2003 to 2024, covering 22 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 002085 market cap.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 81.4% CN¥9.62 Billion CN¥1.79 Billion CN¥17.82 Billion ▲ +0.7 pp
2023 80.7% CN¥9.38 Billion CN¥1.81 Billion CN¥17.65 Billion ▲ +1.0 pp
2022 79.7% CN¥8.38 Billion CN¥1.70 Billion CN¥18.19 Billion ▲ +2.8 pp
2021 76.9% CN¥7.25 Billion CN¥1.68 Billion CN¥16.39 Billion ▼ 0.0 pp
2020 76.9% CN¥7.51 Billion CN¥1.74 Billion CN¥15.97 Billion ▼ -9.0 pp
2019 85.9% CN¥6.66 Billion CN¥938.99 Million CN¥13.99 Billion ▼ -0.2 pp
2018 86.1% CN¥6.84 Billion CN¥949.91 Million CN¥13.39 Billion ▼ -1.9 pp
2017 88.0% CN¥6.53 Billion CN¥783.11 Million CN¥10.05 Billion ▲ +2.2 pp
2016 85.8% CN¥5.76 Billion CN¥818.06 Million CN¥9.29 Billion ▲ +2.8 pp
2015 83.0% CN¥4.71 Billion CN¥799.08 Million CN¥8.85 Billion ▲ +11.2 pp
2014 71.8% CN¥2.41 Billion CN¥679.29 Million CN¥5.06 Billion ▼ -3.8 pp
2013 75.5% CN¥2.07 Billion CN¥506.35 Million CN¥4.21 Billion ▼ -17.1 pp
2012 92.7% CN¥1.90 Billion CN¥138.87 Million CN¥3.03 Billion ▼ -1.0 pp
2011 93.7% CN¥1.79 Billion CN¥112.75 Million CN¥2.57 Billion ▼ -1.0 pp
2010 94.7% CN¥1.06 Billion CN¥55.53 Million CN¥1.56 Billion ▲ +0.9 pp
2009 93.9% CN¥935.78 Million CN¥57.26 Million CN¥1.54 Billion ▼ -1.0 pp
2008 94.9% CN¥879.43 Million CN¥44.81 Million CN¥1.49 Billion ▼ -0.2 pp
2007 95.1% CN¥900.27 Million CN¥43.85 Million CN¥1.67 Billion ▲ +0.0 pp
2006 95.1% CN¥816.26 Million CN¥39.86 Million CN¥1.48 Billion ▲ +6.6 pp
2005 88.5% CN¥356.34 Million CN¥41.02 Million CN¥1.03 Billion ▲ +2.2 pp
2004 86.2% CN¥304.05 Million CN¥41.81 Million CN¥882.12 Million ▼ -9.2 pp
2003 95.4% CN¥244.15 Million CN¥11.22 Million CN¥540.35 Million
pp = percentage points