Zhejiang Busen Garments Co Ltd (002569) — Tangible Net Worth Ratio
Zhejiang Busen Garments Co Ltd (002569) has a Tangible Net Worth Ratio of 97.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥812.69K) from net assets (CN¥38.43 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 Zhejiang Busen Garments 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
Zhejiang Busen Garments Co Ltd Tangible Net Worth Ratio (2007–2025)
This chart shows how Zhejiang Busen Garments Co Ltd's Tangible Net Worth Ratio has changed across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 97.9%, reflecting net assets of CN¥38.43 Million with intangible assets of CN¥812.69K CNY. See how many days can Zhejiang Busen Garments Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Zhejiang Busen Garments Co Ltd (2007–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Zhejiang Busen Garments 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 the full company profile including market capitalisation, see market cap of Zhejiang Busen Garments Co Ltd.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.9% | CN¥42.55 Million | CN¥905.86K | CN¥239.79 Million | ▼ -1.0 pp |
| 2024 | 98.9% | CN¥33.22 Million | CN¥363.99K | CN¥189.25 Million | ▲ +1.2 pp |
| 2023 | 97.7% | CN¥93.38 Million | CN¥2.17 Million | CN¥236.67 Million | ▲ +10.0 pp |
| 2022 | 87.7% | CN¥162.66 Million | CN¥19.97 Million | CN¥295.61 Million | ▼ -3.9 pp |
| 2021 | 91.6% | CN¥250.92 Million | CN¥21.07 Million | CN¥382.52 Million | ▲ +1.8 pp |
| 2020 | 89.8% | CN¥196.75 Million | CN¥20.16 Million | CN¥390.64 Million | ▼ -4.1 pp |
| 2019 | 93.8% | CN¥342.68 Million | CN¥21.10 Million | CN¥616.30 Million | ▲ +0.2 pp |
| 2018 | 93.6% | CN¥303.49 Million | CN¥19.29 Million | CN¥659.07 Million | ▼ -2.3 pp |
| 2017 | 96.0% | CN¥491.37 Million | CN¥19.82 Million | CN¥712.47 Million | ▼ -0.1 pp |
| 2016 | 96.1% | CN¥525.26 Million | CN¥20.57 Million | CN¥627.28 Million | ▲ +0.6 pp |
| 2015 | 95.5% | CN¥518.73 Million | CN¥23.46 Million | CN¥684.55 Million | ▲ +2.1 pp |
| 2014 | 93.3% | CN¥507.36 Million | CN¥33.77 Million | CN¥813.86 Million | ▼ -0.9 pp |
| 2013 | 94.2% | CN¥610.44 Million | CN¥35.22 Million | CN¥900.21 Million | ▼ -3.2 pp |
| 2012 | 97.4% | CN¥613.00 Million | CN¥15.90 Million | CN¥885.11 Million | ▼ -0.3 pp |
| 2011 | 97.7% | CN¥582.17 Million | CN¥13.29 Million | CN¥864.75 Million | ▲ +4.4 pp |
| 2010 | 93.4% | CN¥205.85 Million | CN¥13.67 Million | CN¥448.72 Million | ▲ +1.6 pp |
| 2009 | 91.8% | CN¥163.69 Million | CN¥13.49 Million | CN¥371.38 Million | ▲ +2.0 pp |
| 2008 | 89.8% | CN¥135.92 Million | CN¥13.89 Million | CN¥341.44 Million | ▼ -0.5 pp |
| 2007 | 90.3% | CN¥111.77 Million | CN¥10.82 Million | CN¥312.87 Million | — |