Ningxia Qinglong Pipes Industry Co Ltd Tangible Net Worth Ratio

Latest as of June 2026: 93.6%

Ningxia Qinglong Pipes Industry Co Ltd tangible net worth ratio. Ningxia Qinglong Pipes Industry Co Ltd (002457) has a Tangible Net Worth Ratio of 93.6% as of June 2026. This metric is calculated by deducting intangible assets (CN¥174.51 Million) from net assets (CN¥2.74 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. Check 002457 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

93.6%
Tangible equity / total equity

Net Assets (Equity)

CN¥2.74 Billion
CNY

Intangible Assets

CN¥174.51 Million
Goodwill, patents, brand value

Total Assets

CN¥4.76 Billion
CNY

Tangible Net Worth Ratio of Ningxia Qinglong Pipes Industry Co Ltd (2007–2025)

Tangible net worth ratio of Ningxia Qinglong Pipes Industry Co Ltd from 2007 to 2025. This chart shows how Ningxia Qinglong Pipes Industry Co Ltd's Tangible Net Worth Ratio has changed across 19 annual periods from 2007 to 2025. As of June 2026, the ratio stands at 93.6%, reflecting net assets of CN¥2.74 Billion with intangible assets of CN¥174.51 Million CNY. See 002457 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Ningxia Qinglong Pipes Industry Co Ltd Tangible Net Worth Ratio by Year (2007–2025)

Ningxia Qinglong Pipes Industry Co Ltd tangible net worth ratio by year from 2007 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Ningxia Qinglong Pipes Industry Co Ltd from 2007 to 2025, 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 live market cap and overall valuation, see 002457 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 94.1% CN¥2.77 Billion CN¥162.74 Million CN¥4.69 Billion ▲ +0.3 pp
2024 93.8% CN¥2.70 Billion CN¥166.46 Million CN¥4.54 Billion ▲ +0.4 pp
2023 93.4% CN¥2.48 Billion CN¥163.48 Million CN¥4.30 Billion ▼ -1.1 pp
2022 94.5% CN¥2.52 Billion CN¥139.04 Million CN¥4.17 Billion ▲ +0.9 pp
2021 93.6% CN¥2.33 Billion CN¥149.83 Million CN¥4.02 Billion ▲ +1.0 pp
2020 92.6% CN¥2.20 Billion CN¥163.52 Million CN¥3.66 Billion ▲ +0.4 pp
2019 92.2% CN¥2.05 Billion CN¥159.48 Million CN¥3.56 Billion ▼ -2.0 pp
2018 94.2% CN¥1.88 Billion CN¥109.95 Million CN¥2.88 Billion ▲ +0.0 pp
2017 94.1% CN¥1.84 Billion CN¥108.34 Million CN¥2.80 Billion ▼ -0.1 pp
2016 94.2% CN¥1.83 Billion CN¥106.43 Million CN¥2.91 Billion ▼ -0.3 pp
2015 94.4% CN¥1.80 Billion CN¥99.98 Million CN¥2.47 Billion ▲ +0.3 pp
2014 94.2% CN¥1.75 Billion CN¥101.61 Million CN¥2.25 Billion ▲ +0.9 pp
2013 93.2% CN¥1.70 Billion CN¥115.08 Million CN¥2.40 Billion ▼ -0.9 pp
2012 94.2% CN¥1.60 Billion CN¥93.27 Million CN¥1.94 Billion ▼ -0.8 pp
2011 95.0% CN¥1.55 Billion CN¥77.10 Million CN¥1.87 Billion ▼ -0.9 pp
2010 96.0% CN¥1.47 Billion CN¥59.35 Million CN¥1.82 Billion ▲ +7.5 pp
2009 88.4% CN¥523.21 Million CN¥60.67 Million CN¥963.73 Million ▲ +4.8 pp
2008 83.6% CN¥379.10 Million CN¥62.19 Million CN¥764.85 Million ▼ -5.2 pp
2007 88.8% CN¥273.28 Million CN¥30.62 Million CN¥550.25 Million —
pp = percentage points