Jiangsu Changfa Refrigeration Co Ltd (002413) — Tangible Net Worth Ratio
Jiangsu Changfa Refrigeration Co Ltd (002413) has a Tangible Net Worth Ratio of 91.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥288.04 Million) from net assets (CN¥3.30 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 Jiangsu Changfa Refrigeration Co Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Jiangsu Changfa Refrigeration Co Ltd Tangible Net Worth Ratio (2006–2025)
This chart shows how Jiangsu Changfa Refrigeration 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 91.3%, reflecting net assets of CN¥3.30 Billion with intangible assets of CN¥288.04 Million CNY. See 002413 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Jiangsu Changfa Refrigeration Co Ltd (2006–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Jiangsu Changfa Refrigeration 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 Jiangsu Changfa Refrigeration Co Ltd (002413) total market value.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.1% | CN¥3.29 Billion | CN¥294.17 Million | CN¥5.16 Billion | ▲ +0.2 pp |
| 2024 | 90.8% | CN¥3.47 Billion | CN¥318.01 Million | CN¥4.94 Billion | ▼ -0.7 pp |
| 2023 | 91.6% | CN¥3.86 Billion | CN¥325.82 Million | CN¥5.29 Billion | ▲ +0.2 pp |
| 2022 | 91.3% | CN¥4.22 Billion | CN¥365.71 Million | CN¥5.97 Billion | ▼ -1.1 pp |
| 2021 | 92.4% | CN¥4.96 Billion | CN¥375.10 Million | CN¥6.45 Billion | ▲ +1.3 pp |
| 2020 | 91.1% | CN¥4.07 Billion | CN¥362.15 Million | CN¥5.84 Billion | ▼ -2.0 pp |
| 2019 | 93.1% | CN¥3.69 Billion | CN¥255.25 Million | CN¥4.58 Billion | ▼ -2.9 pp |
| 2018 | 96.0% | CN¥4.02 Billion | CN¥160.47 Million | CN¥4.57 Billion | ▼ -0.3 pp |
| 2017 | 96.3% | CN¥3.68 Billion | CN¥135.89 Million | CN¥4.10 Billion | ▼ -0.7 pp |
| 2016 | 97.0% | CN¥3.50 Billion | CN¥104.70 Million | CN¥3.73 Billion | ▼ -2.2 pp |
| 2015 | 99.2% | CN¥2.13 Billion | CN¥16.54 Million | CN¥2.34 Billion | ▲ +4.7 pp |
| 2014 | 94.5% | CN¥1.21 Billion | CN¥66.40 Million | CN¥1.61 Billion | ▲ +0.2 pp |
| 2013 | 94.3% | CN¥1.20 Billion | CN¥68.14 Million | CN¥1.79 Billion | ▲ +0.0 pp |
| 2012 | 94.3% | CN¥1.19 Billion | CN¥68.34 Million | CN¥1.48 Billion | ▲ +0.3 pp |
| 2011 | 94.0% | CN¥1.16 Billion | CN¥69.86 Million | CN¥1.62 Billion | ▲ +0.6 pp |
| 2010 | 93.4% | CN¥1.08 Billion | CN¥71.42 Million | CN¥1.67 Billion | ▲ +8.4 pp |
| 2009 | 85.0% | CN¥351.64 Million | CN¥52.86 Million | CN¥892.97 Million | ▲ +4.7 pp |
| 2008 | 80.2% | CN¥273.32 Million | CN¥54.04 Million | CN¥633.15 Million | ▲ +2.3 pp |
| 2007 | 77.9% | CN¥249.95 Million | CN¥55.24 Million | CN¥732.54 Million | ▼ -10.9 pp |
| 2006 | 88.8% | CN¥156.57 Million | CN¥17.57 Million | CN¥665.53 Million | — |