Luoyang Northglass Technology Co Ltd (002613) — Tangible Net Worth Ratio

Latest as of September 2025: 91.5%

Luoyang Northglass Technology Co Ltd (002613) has a Tangible Net Worth Ratio of 91.5% as of September 2025. This metric is calculated by deducting intangible assets (CN¥188.44 Million) from net assets (CN¥2.22 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 002613 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

91.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥2.22 Billion
CNY

Intangible Assets

CN¥188.44 Million
Goodwill, patents, brand value

Total Assets

CN¥2.95 Billion
CNY

Luoyang Northglass Technology Co Ltd Tangible Net Worth Ratio (2007–2024)

This chart shows how Luoyang Northglass Technology Co Ltd's Tangible Net Worth Ratio has changed across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 91.5%, reflecting net assets of CN¥2.22 Billion with intangible assets of CN¥188.44 Million CNY. See 002613 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Luoyang Northglass Technology Co Ltd (2007–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Luoyang Northglass Technology Co Ltd from 2007 to 2024, covering 18 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 Luoyang Northglass Technology Co Ltd.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 91.4% CN¥2.24 Billion CN¥192.95 Million CN¥3.11 Billion ▲ +2.7 pp
2023 88.7% CN¥1.74 Billion CN¥197.12 Million CN¥2.54 Billion ▲ +0.9 pp
2022 87.8% CN¥1.66 Billion CN¥202.68 Million CN¥2.30 Billion ▼ -3.4 pp
2021 91.2% CN¥1.62 Billion CN¥143.06 Million CN¥2.50 Billion ▼ -3.4 pp
2020 94.6% CN¥1.60 Billion CN¥86.52 Million CN¥2.11 Billion ▲ +0.2 pp
2019 94.4% CN¥1.59 Billion CN¥88.86 Million CN¥1.98 Billion ▲ +0.9 pp
2018 93.6% CN¥1.57 Billion CN¥100.94 Million CN¥1.96 Billion ▼ 0.0 pp
2017 93.6% CN¥1.62 Billion CN¥103.79 Million CN¥2.12 Billion ▲ +0.5 pp
2016 93.1% CN¥1.62 Billion CN¥111.66 Million CN¥1.96 Billion ▲ +0.3 pp
2015 92.8% CN¥1.61 Billion CN¥115.87 Million CN¥1.94 Billion ▼ -0.8 pp
2014 93.6% CN¥1.55 Billion CN¥99.16 Million CN¥1.94 Billion ▲ +0.2 pp
2013 93.4% CN¥1.55 Billion CN¥102.73 Million CN¥1.95 Billion ▼ -1.4 pp
2012 94.8% CN¥1.50 Billion CN¥78.47 Million CN¥1.78 Billion ▲ +0.1 pp
2011 94.7% CN¥1.53 Billion CN¥81.49 Million CN¥1.79 Billion ▲ +8.8 pp
2010 85.9% CN¥602.44 Million CN¥85.09 Million CN¥895.57 Million ▼ -5.3 pp
2009 91.2% CN¥505.91 Million CN¥44.74 Million CN¥775.42 Million ▲ +2.3 pp
2008 88.8% CN¥434.11 Million CN¥48.45 Million CN¥685.03 Million ▲ +2.5 pp
2007 86.3% CN¥373.91 Million CN¥51.17 Million CN¥642.67 Million
pp = percentage points