Qingdao Kingking Applied Chemistry Co Ltd (002094) — Tangible Net Worth Ratio

Latest as of September 2025: 93.0%

Qingdao Kingking Applied Chemistry Co Ltd (002094) has a Tangible Net Worth Ratio of 93.0% as of September 2025. This metric is calculated by deducting intangible assets (CN¥108.95 Million) from net assets (CN¥1.56 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 how liquid is Qingdao Kingking Applied Chemistry Co Lt's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

93.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.56 Billion
CNY

Intangible Assets

CN¥108.95 Million
Goodwill, patents, brand value

Total Assets

CN¥3.19 Billion
CNY

Qingdao Kingking Applied Chemistry Co Ltd Tangible Net Worth Ratio (2003–2024)

This chart shows how Qingdao Kingking Applied Chemistry 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 93.0%, reflecting net assets of CN¥1.56 Billion with intangible assets of CN¥108.95 Million CNY. See Qingdao Kingking Applied Chemistry Co Lt (002094) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Qingdao Kingking Applied Chemistry Co Ltd (2003–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Qingdao Kingking Applied Chemistry 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 Qingdao Kingking Applied Chemistry Co Lt stock valuation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 98.3% CN¥1.49 Billion CN¥25.34 Million CN¥3.12 Billion ▲ +0.3 pp
2023 98.0% CN¥1.46 Billion CN¥29.13 Million CN¥3.15 Billion ▲ +0.3 pp
2022 97.7% CN¥1.47 Billion CN¥33.91 Million CN¥3.24 Billion ▲ +0.8 pp
2021 96.9% CN¥2.45 Billion CN¥75.29 Million CN¥4.57 Billion ▼ 0.0 pp
2020 96.9% CN¥2.77 Billion CN¥84.47 Million CN¥4.81 Billion ▼ -0.2 pp
2019 97.1% CN¥3.39 Billion CN¥97.90 Million CN¥5.55 Billion ▲ +1.3 pp
2018 95.8% CN¥3.37 Billion CN¥140.55 Million CN¥5.92 Billion ▲ +0.5 pp
2017 95.3% CN¥2.87 Billion CN¥133.49 Million CN¥4.66 Billion ▼ -3.7 pp
2016 99.0% CN¥1.92 Billion CN¥18.60 Million CN¥2.88 Billion ▲ +0.5 pp
2015 98.6% CN¥803.99 Million CN¥11.64 Million CN¥1.92 Billion ▲ +0.5 pp
2014 98.0% CN¥632.76 Million CN¥12.58 Million CN¥1.23 Billion ▼ -0.3 pp
2013 98.3% CN¥603.44 Million CN¥10.39 Million CN¥1.11 Billion ▲ +0.3 pp
2012 98.0% CN¥552.57 Million CN¥10.95 Million CN¥1.12 Billion ▲ +0.3 pp
2011 97.7% CN¥500.91 Million CN¥11.50 Million CN¥1.00 Billion ▲ +0.5 pp
2010 97.2% CN¥461.54 Million CN¥12.73 Million CN¥878.09 Million ▲ +0.4 pp
2009 96.8% CN¥434.49 Million CN¥13.73 Million CN¥887.55 Million ▲ +0.1 pp
2008 96.8% CN¥459.68 Million CN¥14.81 Million CN¥792.09 Million ▲ +0.3 pp
2007 96.5% CN¥455.94 Million CN¥16.02 Million CN¥882.98 Million ▼ -2.6 pp
2006 99.1% CN¥422.70 Million CN¥3.99 Million CN¥708.75 Million ▲ +1.7 pp
2005 97.3% CN¥145.72 Million CN¥3.90 Million CN¥383.40 Million ▲ +0.5 pp
2004 96.8% CN¥117.73 Million CN¥3.75 Million CN¥260.43 Million ▲ +1.4 pp
2003 95.4% CN¥82.23 Million CN¥3.81 Million CN¥215.05 Million
pp = percentage points