Wuxi Double Elephant Micro Fibre Material Co Ltd (002395) — Tangible Net Worth Ratio

Latest as of September 2025: 91.9%

Wuxi Double Elephant Micro Fibre Material Co Ltd (002395) has a Tangible Net Worth Ratio of 91.9% as of September 2025. This metric is calculated by deducting intangible assets (CN¥121.86 Million) from net assets (CN¥1.50 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 002395 total equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

91.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.50 Billion
CNY

Intangible Assets

CN¥121.86 Million
Goodwill, patents, brand value

Total Assets

CN¥2.39 Billion
CNY

Wuxi Double Elephant Micro Fibre Material Co Ltd Tangible Net Worth Ratio (2006–2024)

This chart shows how Wuxi Double Elephant Micro Fibre Material Co Ltd's Tangible Net Worth Ratio has changed across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 91.9%, reflecting net assets of CN¥1.50 Billion with intangible assets of CN¥121.86 Million CNY. Also explore 002395 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Wuxi Double Elephant Micro Fibre Material Co Ltd (2006–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Wuxi Double Elephant Micro Fibre Material Co Ltd from 2006 to 2024, covering 19 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 Wuxi Double Elephant Micro Fibre Materia worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 90.9% CN¥1.36 Billion CN¥124.09 Million CN¥2.28 Billion ▲ +4.8 pp
2023 86.1% CN¥914.84 Million CN¥127.14 Million CN¥2.27 Billion ▼ -5.6 pp
2022 91.7% CN¥859.35 Million CN¥71.05 Million CN¥2.04 Billion ▲ +3.6 pp
2021 88.1% CN¥904.81 Million CN¥107.66 Million CN¥2.06 Billion ▼ -5.0 pp
2020 93.1% CN¥894.55 Million CN¥61.90 Million CN¥1.56 Billion ▲ +0.5 pp
2019 92.5% CN¥852.36 Million CN¥63.55 Million CN¥1.33 Billion ▲ +0.5 pp
2018 92.1% CN¥857.84 Million CN¥67.82 Million CN¥1.30 Billion ▼ -0.6 pp
2017 92.7% CN¥956.80 Million CN¥69.65 Million CN¥1.29 Billion ▲ +0.3 pp
2016 92.4% CN¥940.59 Million CN¥71.27 Million CN¥1.25 Billion ▲ +0.6 pp
2015 91.8% CN¥889.96 Million CN¥73.00 Million CN¥1.17 Billion ▲ +0.4 pp
2014 91.4% CN¥868.21 Million CN¥74.73 Million CN¥1.14 Billion ▼ -0.3 pp
2013 91.7% CN¥875.36 Million CN¥73.02 Million CN¥1.12 Billion ▲ +0.5 pp
2012 91.1% CN¥839.10 Million CN¥74.29 Million CN¥1.02 Billion ▼ -3.2 pp
2011 94.3% CN¥789.60 Million CN¥44.65 Million CN¥959.01 Million ▼ -5.6 pp
2010 100.0% CN¥776.48 Million CN¥200.00K CN¥952.92 Million ▲ +0.1 pp
2009 99.8% CN¥197.71 Million CN¥300.73K CN¥433.43 Million ▲ +0.1 pp
2008 99.7% CN¥155.54 Million CN¥405.13K CN¥357.51 Million ▼ -0.3 pp
2007 100.0% CN¥122.26 Million CN¥9.53K CN¥334.00 Million ▲ +0.0 pp
2006 100.0% CN¥89.89 Million CN¥13.93K CN¥334.43 Million
pp = percentage points