Shenzhen Haoningda Meters Co Ltd (002356) — Tangible Net Worth Ratio

Latest as of September 2025: 91.9%

Shenzhen Haoningda Meters Co Ltd (002356) has a Tangible Net Worth Ratio of 91.9% as of September 2025. This metric is calculated by deducting intangible assets (CN¥58.60 Million) from net assets (CN¥722.61 Million) 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 Shenzhen Haoningda Meters Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

91.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥722.61 Million
CNY

Intangible Assets

CN¥58.60 Million
Goodwill, patents, brand value

Total Assets

CN¥823.45 Million
CNY

Shenzhen Haoningda Meters Co Ltd Tangible Net Worth Ratio (2006–2024)

This chart shows how Shenzhen Haoningda Meters Co Ltd's Tangible Net Worth Ratio has changed across 17 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 91.9%, reflecting net assets of CN¥722.61 Million with intangible assets of CN¥58.60 Million CNY. See 002356 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shenzhen Haoningda Meters Co Ltd (2006–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shenzhen Haoningda Meters Co Ltd from 2006 to 2024, covering 17 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 Shenzhen Haoningda Meters Co Ltd worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 90.9% CN¥633.57 Million CN¥57.44 Million CN¥822.69 Million ▼ -6.3 pp
2023 97.2% CN¥589.47 Million CN¥16.46 Million CN¥800.67 Million ▲ +0.0 pp
2022 97.2% CN¥616.77 Million CN¥17.30 Million CN¥844.63 Million ▲ +0.9 pp
2021 96.3% CN¥690.00 Million CN¥25.28 Million CN¥1.07 Billion ▲ +123.6 pp
2018 -27.2% CN¥48.10 Million CN¥61.20 Million CN¥4.34 Billion ▼ -120.3 pp
2017 93.0% CN¥2.19 Billion CN¥152.02 Million CN¥7.00 Billion ▼ -1.9 pp
2016 94.9% CN¥1.89 Billion CN¥96.18 Million CN¥4.75 Billion ▲ +0.9 pp
2015 94.0% CN¥1.60 Billion CN¥96.84 Million CN¥2.61 Billion ▲ +0.7 pp
2014 93.3% CN¥1.48 Billion CN¥99.69 Million CN¥2.36 Billion ▲ +1.3 pp
2013 92.0% CN¥959.67 Million CN¥76.91 Million CN¥1.41 Billion ▼ -4.0 pp
2012 96.0% CN¥959.64 Million CN¥38.70 Million CN¥1.42 Billion ▼ -2.1 pp
2011 98.0% CN¥955.49 Million CN¥18.69 Million CN¥1.28 Billion ▼ -1.5 pp
2010 99.6% CN¥934.11 Million CN¥3.91 Million CN¥1.20 Billion ▲ +1.0 pp
2009 98.6% CN¥264.38 Million CN¥3.76 Million CN¥435.16 Million ▲ +0.4 pp
2008 98.2% CN¥209.74 Million CN¥3.75 Million CN¥365.34 Million ▲ +0.4 pp
2007 97.8% CN¥177.98 Million CN¥3.84 Million CN¥298.85 Million ▲ +1.0 pp
2006 96.8% CN¥122.88 Million CN¥3.92 Million CN¥261.05 Million
pp = percentage points