Shandong Molong Petroleum Machinery Co Ltd (002490) — Tangible Net Worth Ratio

Latest as of September 2025: 59.8%

Shandong Molong Petroleum Machinery Co Ltd (002490) has a Tangible Net Worth Ratio of 59.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥200.02 Million) from net assets (CN¥497.53 Million) 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 Shandong Molong Petroleum Machinery Co L (002490) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

59.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥497.53 Million
CNY

Intangible Assets

CN¥200.02 Million
Goodwill, patents, brand value

Total Assets

CN¥2.53 Billion
CNY

Shandong Molong Petroleum Machinery Co Ltd Tangible Net Worth Ratio (2005–2024)

This chart shows how Shandong Molong Petroleum Machinery Co Ltd's Tangible Net Worth Ratio has changed across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 59.8%, reflecting net assets of CN¥497.53 Million with intangible assets of CN¥200.02 Million CNY. See Shandong Molong Petroleum Machinery Co L (002490) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shandong Molong Petroleum Machinery Co Ltd (2005–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shandong Molong Petroleum Machinery Co Ltd from 2005 to 2024, 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 how much is Shandong Molong Petroleum Machinery Co L worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 70.8% CN¥491.89 Million CN¥143.87 Million CN¥2.42 Billion ▲ +72.9 pp
2023 -2.1% CN¥334.70 Million CN¥341.87 Million CN¥2.89 Billion ▼ -62.9 pp
2022 60.8% CN¥910.35 Million CN¥357.28 Million CN¥4.04 Billion ▼ -11.6 pp
2021 72.3% CN¥1.36 Billion CN¥376.05 Million CN¥4.46 Billion ▼ -5.8 pp
2020 78.1% CN¥1.80 Billion CN¥393.69 Million CN¥5.18 Billion ▲ +2.9 pp
2019 75.2% CN¥1.79 Billion CN¥443.22 Million CN¥5.74 Billion ▼ -2.3 pp
2018 77.6% CN¥2.01 Billion CN¥452.05 Million CN¥6.61 Billion ▲ +0.5 pp
2017 77.0% CN¥1.93 Billion CN¥443.97 Million CN¥6.22 Billion ▲ +0.8 pp
2016 76.2% CN¥1.89 Billion CN¥449.21 Million CN¥5.77 Billion ▼ -5.4 pp
2015 81.5% CN¥2.54 Billion CN¥468.81 Million CN¥5.85 Billion ▼ -1.1 pp
2014 82.6% CN¥2.75 Billion CN¥478.53 Million CN¥6.04 Billion ▲ +0.4 pp
2013 82.2% CN¥2.74 Billion CN¥486.67 Million CN¥5.79 Billion ▼ -4.7 pp
2012 86.9% CN¥2.95 Billion CN¥385.66 Million CN¥5.29 Billion ▼ -1.4 pp
2011 88.3% CN¥2.85 Billion CN¥333.02 Million CN¥4.69 Billion ▼ -2.6 pp
2010 90.9% CN¥2.74 Billion CN¥249.92 Million CN¥4.59 Billion ▲ +3.5 pp
2009 87.4% CN¥1.31 Billion CN¥165.63 Million CN¥3.26 Billion ▼ -3.3 pp
2008 90.7% CN¥1.11 Billion CN¥103.00 Million CN¥3.34 Billion ▲ +1.7 pp
2007 89.0% CN¥839.78 Million CN¥92.18 Million CN¥2.27 Billion ▼ -7.2 pp
2006 96.2% CN¥536.76 Million CN¥20.45 Million CN¥1.45 Billion ▲ +1.2 pp
2005 94.9% CN¥414.29 Million CN¥20.96 Million CN¥958.35 Million
pp = percentage points