Jiangsu Changqing Agrochemical Co Ltd (002391) — Tangible Net Worth Ratio
Jiangsu Changqing Agrochemical Co Ltd (002391) has a Tangible Net Worth Ratio of 91.7% as of March 2026. This metric is calculated by deducting intangible assets (CN¥353.53 Million) from net assets (CN¥4.28 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 what is Jiangsu Changqing Agrochemical Co Ltd's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Jiangsu Changqing Agrochemical Co Ltd Tangible Net Worth Ratio (2006–2025)
This chart shows how Jiangsu Changqing Agrochemical Co Ltd's Tangible Net Worth Ratio has changed across 20 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 91.7%, reflecting net assets of CN¥4.28 Billion with intangible assets of CN¥353.53 Million CNY. Also explore 002391 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Jiangsu Changqing Agrochemical Co Ltd (2006–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Jiangsu Changqing Agrochemical Co Ltd from 2006 to 2025, covering 20 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 market value of Jiangsu Changqing Agrochemical Co Ltd.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.7% | CN¥4.25 Billion | CN¥351.32 Million | CN¥8.72 Billion | ▼ -0.6 pp |
| 2024 | 92.3% | CN¥4.23 Billion | CN¥324.89 Million | CN¥8.64 Billion | ▼ -1.0 pp |
| 2023 | 93.4% | CN¥4.58 Billion | CN¥304.46 Million | CN¥8.05 Billion | ▼ -1.2 pp |
| 2022 | 94.6% | CN¥4.65 Billion | CN¥251.50 Million | CN¥7.47 Billion | ▼ -1.2 pp |
| 2021 | 95.8% | CN¥4.51 Billion | CN¥189.10 Million | CN¥6.87 Billion | ▼ -0.4 pp |
| 2020 | 96.2% | CN¥4.37 Billion | CN¥163.98 Million | CN¥5.67 Billion | ▼ -0.3 pp |
| 2019 | 96.5% | CN¥3.48 Billion | CN¥120.56 Million | CN¥5.14 Billion | ▲ +0.3 pp |
| 2018 | 96.2% | CN¥3.28 Billion | CN¥124.64 Million | CN¥4.07 Billion | ▲ +0.4 pp |
| 2017 | 95.8% | CN¥3.06 Billion | CN¥128.30 Million | CN¥3.83 Billion | ▲ +0.2 pp |
| 2016 | 95.6% | CN¥2.94 Billion | CN¥128.94 Million | CN¥3.99 Billion | ▲ +0.2 pp |
| 2015 | 95.4% | CN¥2.89 Billion | CN¥132.29 Million | CN¥3.55 Billion | ▲ +0.2 pp |
| 2014 | 95.2% | CN¥2.27 Billion | CN¥109.74 Million | CN¥3.11 Billion | ▲ +0.4 pp |
| 2013 | 94.8% | CN¥1.96 Billion | CN¥102.75 Million | CN¥2.27 Billion | ▲ +0.7 pp |
| 2012 | 94.0% | CN¥1.77 Billion | CN¥105.19 Million | CN¥1.96 Billion | ▼ -5.2 pp |
| 2011 | 99.2% | CN¥1.65 Billion | CN¥12.71 Million | CN¥1.75 Billion | ▲ +0.2 pp |
| 2010 | 99.1% | CN¥1.58 Billion | CN¥14.81 Million | CN¥1.66 Billion | ▲ +3.4 pp |
| 2009 | 95.7% | CN¥300.95 Million | CN¥13.02 Million | CN¥554.73 Million | ▲ +1.6 pp |
| 2008 | 94.0% | CN¥222.00 Million | CN¥13.23 Million | CN¥499.38 Million | ▲ +3.4 pp |
| 2007 | 90.7% | CN¥145.31 Million | CN¥13.56 Million | CN¥369.50 Million | ▲ +3.6 pp |
| 2006 | 87.0% | CN¥106.88 Million | CN¥13.86 Million | CN¥284.15 Million | — |