Zibo Qixiang Tengda Chemical Co Ltd (002408) — Tangible Net Worth Ratio
Zibo Qixiang Tengda Chemical Co Ltd (002408) has a Tangible Net Worth Ratio of 85.8% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.57 Billion) from net assets (CN¥11.08 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 Zibo Qixiang Tengda Chemical Co Ltd's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Zibo Qixiang Tengda Chemical Co Ltd Tangible Net Worth Ratio (2006–2025)
This chart shows how Zibo Qixiang Tengda Chemical 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 85.8%, reflecting net assets of CN¥11.08 Billion with intangible assets of CN¥1.57 Billion CNY. Also explore 002408 net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Zibo Qixiang Tengda Chemical Co Ltd (2006–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Zibo Qixiang Tengda Chemical 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 Zibo Qixiang Tengda Chemical Co Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 85.7% | CN¥11.23 Billion | CN¥1.60 Billion | CN¥24.52 Billion | ▼ -0.7 pp |
| 2024 | 86.4% | CN¥11.88 Billion | CN¥1.62 Billion | CN¥25.36 Billion | ▲ +0.4 pp |
| 2023 | 85.9% | CN¥12.31 Billion | CN¥1.73 Billion | CN¥26.78 Billion | ▼ -3.3 pp |
| 2022 | 89.3% | CN¥14.09 Billion | CN¥1.51 Billion | CN¥29.00 Billion | ▲ +0.3 pp |
| 2021 | 89.0% | CN¥13.42 Billion | CN¥1.48 Billion | CN¥26.07 Billion | ▲ +5.5 pp |
| 2020 | 83.4% | CN¥9.79 Billion | CN¥1.62 Billion | CN¥20.66 Billion | ▲ +0.9 pp |
| 2019 | 82.5% | CN¥8.20 Billion | CN¥1.43 Billion | CN¥14.13 Billion | ▼ -6.3 pp |
| 2018 | 88.9% | CN¥7.45 Billion | CN¥829.54 Million | CN¥11.52 Billion | ▲ +0.0 pp |
| 2017 | 88.8% | CN¥6.67 Billion | CN¥744.82 Million | CN¥9.65 Billion | ▲ +1.9 pp |
| 2016 | 86.9% | CN¥5.91 Billion | CN¥773.34 Million | CN¥8.55 Billion | ▼ -7.2 pp |
| 2015 | 94.1% | CN¥5.60 Billion | CN¥328.95 Million | CN¥8.05 Billion | ▲ +1.1 pp |
| 2014 | 93.0% | CN¥3.72 Billion | CN¥260.27 Million | CN¥6.54 Billion | ▲ +0.7 pp |
| 2013 | 92.3% | CN¥3.29 Billion | CN¥253.86 Million | CN¥5.21 Billion | ▼ -4.1 pp |
| 2012 | 96.4% | CN¥3.14 Billion | CN¥113.62 Million | CN¥4.39 Billion | ▼ -1.9 pp |
| 2011 | 98.3% | CN¥2.93 Billion | CN¥49.37 Million | CN¥3.06 Billion | ▼ -1.0 pp |
| 2010 | 99.3% | CN¥2.58 Billion | CN¥17.10 Million | CN¥2.72 Billion | ▲ +3.1 pp |
| 2009 | 96.2% | CN¥480.42 Million | CN¥18.26 Million | CN¥830.70 Million | ▲ +1.1 pp |
| 2008 | 95.1% | CN¥388.62 Million | CN¥19.20 Million | CN¥845.18 Million | ▲ +1.5 pp |
| 2007 | 93.5% | CN¥312.20 Million | CN¥20.19 Million | CN¥469.05 Million | ▼ -1.6 pp |
| 2006 | 95.1% | CN¥234.79 Million | CN¥11.47 Million | CN¥333.21 Million | — |