Jiangsu Changbao Steeltube Co Ltd Tangible Net Worth Ratio

Latest as of June 2026: 97.5%

Jiangsu Changbao Steeltube Co Ltd tangible net worth ratio. Jiangsu Changbao Steeltube Co Ltd (002478) has a Tangible Net Worth Ratio of 97.5% as of June 2026. This metric is calculated by deducting intangible assets (CN¥148.46 Million) from net assets (CN¥5.96 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. Also explore Jiangsu Changbao Steeltube Co Ltd (002478) net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

97.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥5.96 Billion
CNY

Intangible Assets

CN¥148.46 Million
Goodwill, patents, brand value

Total Assets

CN¥8.69 Billion
CNY

Tangible Net Worth Ratio of Jiangsu Changbao Steeltube Co Ltd (2007–2025)

Tangible net worth ratio of Jiangsu Changbao Steeltube Co Ltd from 2007 to 2025. This chart shows how Jiangsu Changbao Steeltube 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 97.5%, reflecting net assets of CN¥5.96 Billion with intangible assets of CN¥148.46 Million CNY. Check Jiangsu Changbao Steeltube Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Jiangsu Changbao Steeltube Co Ltd Tangible Net Worth Ratio by Year (2007–2025)

Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 97.5% CN¥6.00 Billion CN¥151.15 Million CN¥8.87 Billion ▲ +0.1 pp
2024 97.4% CN¥5.85 Billion CN¥154.71 Million CN¥8.29 Billion ▲ +0.3 pp
2023 97.0% CN¥5.41 Billion CN¥160.45 Million CN¥7.82 Billion ▲ +0.5 pp
2022 96.5% CN¥4.74 Billion CN¥164.58 Million CN¥7.34 Billion ▲ +0.4 pp
2021 96.1% CN¥4.39 Billion CN¥170.35 Million CN¥6.97 Billion ▲ +1.3 pp
2020 94.8% CN¥4.68 Billion CN¥241.78 Million CN¥6.89 Billion ▲ +0.5 pp
2019 94.3% CN¥4.98 Billion CN¥281.43 Million CN¥6.84 Billion ▼ -0.2 pp
2018 94.6% CN¥4.45 Billion CN¥241.14 Million CN¥6.42 Billion ▼ -0.2 pp
2017 94.8% CN¥3.96 Billion CN¥205.61 Million CN¥5.68 Billion ▼ -0.8 pp
2016 95.6% CN¥3.15 Billion CN¥139.06 Million CN¥3.93 Billion ▲ +0.2 pp
2015 95.4% CN¥3.10 Billion CN¥142.90 Million CN¥3.95 Billion ▲ +0.2 pp
2014 95.2% CN¥3.06 Billion CN¥147.07 Million CN¥3.98 Billion ▲ +0.4 pp
2013 94.8% CN¥2.88 Billion CN¥148.70 Million CN¥3.70 Billion ▲ +2.0 pp
2012 92.8% CN¥2.69 Billion CN¥193.90 Million CN¥3.37 Billion ▲ +0.4 pp
2011 92.4% CN¥2.59 Billion CN¥197.30 Million CN¥3.00 Billion ▼ -0.5 pp
2010 92.8% CN¥2.35 Billion CN¥168.37 Million CN¥3.59 Billion ▲ +9.0 pp
2009 83.8% CN¥1.07 Billion CN¥172.60 Million CN¥2.26 Billion ▼ -5.5 pp
2008 89.4% CN¥868.03 Million CN¥92.10 Million CN¥2.75 Billion ▲ +1.7 pp
2007 87.7% CN¥496.84 Million CN¥61.20 Million CN¥1.26 Billion —
pp = percentage points