TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) — Tangible Net Worth Ratio
TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) has a Tangible Net Worth Ratio of 84.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥5.80 Billion) from net assets (CN¥36.22 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 TCL Zhonghuan Renewable Energy Technolog (002129) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TCL Zhonghuan Renewable Energy Technology Co Ltd Tangible Net Worth Ratio (2004–2025)
This chart shows how TCL Zhonghuan Renewable Energy Technology Co Ltd's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 84.0%, reflecting net assets of CN¥36.22 Billion with intangible assets of CN¥5.80 Billion CNY. See 002129 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for TCL Zhonghuan Renewable Energy Technology Co Ltd (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for TCL Zhonghuan Renewable Energy Technology Co Ltd from 2004 to 2025, 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 TCL Zhonghuan Renewable Energy Technolog market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 85.3% | CN¥39.26 Billion | CN¥5.75 Billion | CN¥118.86 Billion | ▼ -2.3 pp |
| 2024 | 87.6% | CN¥46.47 Billion | CN¥5.76 Billion | CN¥125.60 Billion | ▼ -3.4 pp |
| 2023 | 91.0% | CN¥60.24 Billion | CN¥5.43 Billion | CN¥125.06 Billion | ▲ +0.6 pp |
| 2022 | 90.4% | CN¥47.06 Billion | CN¥4.53 Billion | CN¥108.31 Billion | ▲ +0.2 pp |
| 2021 | 90.2% | CN¥41.67 Billion | CN¥4.08 Billion | CN¥77.98 Billion | ▲ +2.1 pp |
| 2020 | 88.1% | CN¥28.08 Billion | CN¥3.33 Billion | CN¥58.94 Billion | ▲ +0.3 pp |
| 2019 | 87.9% | CN¥20.55 Billion | CN¥2.49 Billion | CN¥49.12 Billion | ▼ -0.2 pp |
| 2018 | 88.1% | CN¥15.72 Billion | CN¥1.87 Billion | CN¥42.70 Billion | ▼ -3.6 pp |
| 2017 | 91.7% | CN¥13.00 Billion | CN¥1.08 Billion | CN¥31.01 Billion | ▼ -0.8 pp |
| 2016 | 92.5% | CN¥10.66 Billion | CN¥793.82 Million | CN¥22.99 Billion | ▼ -2.3 pp |
| 2015 | 94.9% | CN¥10.31 Billion | CN¥530.60 Million | CN¥21.08 Billion | ▼ -2.0 pp |
| 2014 | 96.9% | CN¥6.70 Billion | CN¥207.85 Million | CN¥14.16 Billion | ▲ +1.0 pp |
| 2013 | 95.9% | CN¥3.63 Billion | CN¥150.12 Million | CN¥10.66 Billion | ▼ -1.9 pp |
| 2012 | 97.8% | CN¥3.63 Billion | CN¥80.28 Million | CN¥9.66 Billion | ▲ +1.2 pp |
| 2011 | 96.6% | CN¥1.89 Billion | CN¥65.02 Million | CN¥6.51 Billion | ▼ -2.6 pp |
| 2010 | 99.1% | CN¥1.70 Billion | CN¥14.44 Million | CN¥4.06 Billion | ▲ +0.0 pp |
| 2009 | 99.1% | CN¥1.53 Billion | CN¥13.50 Million | CN¥2.66 Billion | ▼ -0.1 pp |
| 2008 | 99.2% | CN¥1.58 Billion | CN¥12.05 Million | CN¥2.05 Billion | ▲ +0.7 pp |
| 2007 | 98.6% | CN¥1.20 Billion | CN¥17.20 Million | CN¥1.54 Billion | ▲ +1.7 pp |
| 2006 | 96.9% | CN¥472.51 Million | CN¥14.60 Million | CN¥1.03 Billion | ▼ -3.1 pp |
| 2005 | 100.0% | CN¥363.91 Million | CN¥0.00 | CN¥780.24 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CN¥324.60 Million | CN¥0.00 | CN¥531.49 Million | — |