Hongbo Co Ltd (002229) — Tangible Net Worth Ratio

Latest as of March 2026: 96.3%

Hongbo Co Ltd (002229) has a Tangible Net Worth Ratio of 96.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥42.37 Million) from net assets (CN¥1.16 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. Also explore 002229 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

96.3%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.16 Billion
CNY

Intangible Assets

CN¥42.37 Million
Goodwill, patents, brand value

Total Assets

CN¥2.02 Billion
CNY

Hongbo Co Ltd Tangible Net Worth Ratio (2005–2025)

This chart shows how Hongbo Co Ltd's Tangible Net Worth Ratio has changed across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 96.3%, reflecting net assets of CN¥1.16 Billion with intangible assets of CN¥42.37 Million CNY. For live market cap and overall valuation, see Hongbo Co Ltd (002229) total market value.

Annual Tangible Net Worth Ratio for Hongbo Co Ltd (2005–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Hongbo Co Ltd from 2005 to 2025, covering 21 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. Explore Hongbo Co Ltd (002229) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 96.4% CN¥1.19 Billion CN¥42.67 Million CN¥2.16 Billion ▼ -0.3 pp
2024 96.7% CN¥1.34 Billion CN¥44.28 Million CN¥3.12 Billion ▼ -0.5 pp
2023 97.2% CN¥1.66 Billion CN¥46.40 Million CN¥3.08 Billion ▲ +0.0 pp
2022 97.2% CN¥1.72 Billion CN¥48.37 Million CN¥2.46 Billion ▲ +0.0 pp
2021 97.2% CN¥1.78 Billion CN¥50.37 Million CN¥2.42 Billion ▲ +0.1 pp
2020 97.0% CN¥1.78 Billion CN¥52.68 Million CN¥2.14 Billion ▼ -0.2 pp
2019 97.2% CN¥1.79 Billion CN¥50.20 Million CN¥2.12 Billion ▲ +0.4 pp
2018 96.8% CN¥1.70 Billion CN¥54.86 Million CN¥2.07 Billion ▼ 0.0 pp
2017 96.8% CN¥1.76 Billion CN¥56.43 Million CN¥2.11 Billion ▼ 0.0 pp
2016 96.8% CN¥1.83 Billion CN¥58.45 Million CN¥2.43 Billion ▲ +2.5 pp
2015 94.3% CN¥1.05 Billion CN¥59.47 Million CN¥2.04 Billion ▲ +1.1 pp
2014 93.2% CN¥908.22 Million CN¥61.88 Million CN¥1.37 Billion ▼ -4.0 pp
2013 97.2% CN¥889.84 Million CN¥24.60 Million CN¥1.20 Billion ▲ +0.5 pp
2012 96.7% CN¥856.69 Million CN¥28.17 Million CN¥1.25 Billion ▲ +0.0 pp
2011 96.7% CN¥844.95 Million CN¥27.82 Million CN¥1.08 Billion ▼ -1.3 pp
2010 98.0% CN¥545.17 Million CN¥11.00 Million CN¥700.45 Million ▲ +0.3 pp
2009 97.6% CN¥473.68 Million CN¥11.21 Million CN¥634.69 Million ▲ +0.2 pp
2008 97.4% CN¥445.34 Million CN¥11.45 Million CN¥475.50 Million ▲ +5.0 pp
2007 92.4% CN¥154.52 Million CN¥11.69 Million CN¥223.45 Million ▼ -4.4 pp
2006 96.9% CN¥123.13 Million CN¥3.87 Million CN¥161.94 Million ▲ +0.7 pp
2005 96.1% CN¥101.62 Million CN¥3.95 Million CN¥122.50 Million
pp = percentage points