Rendong Holdings Co Ltd (002647) — Tangible Net Worth Ratio
Rendong Holdings Co Ltd (002647) has a Tangible Net Worth Ratio of 99.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥1.16 Million) from net assets (CN¥700.94 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 002647 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Rendong Holdings Co Ltd Tangible Net Worth Ratio (2008–2023)
This chart shows how Rendong Holdings Co Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 2008 to 2023. As of September 2025, the ratio stands at 99.8%, reflecting net assets of CN¥700.94 Million with intangible assets of CN¥1.16 Million CNY. See operational self-sufficiency of Rendong Holdings Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Rendong Holdings Co Ltd (2008–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Rendong Holdings Co Ltd from 2008 to 2023, covering 16 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 Rendong Holdings Co Ltd.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 97.9% | CN¥115.11 Million | CN¥2.46 Million | CN¥4.43 Billion | ▲ +1.5 pp |
| 2022 | 96.3% | CN¥239.77 Million | CN¥8.80 Million | CN¥4.82 Billion | ▲ +0.6 pp |
| 2021 | 95.8% | CN¥396.56 Million | CN¥16.85 Million | CN¥3.75 Billion | ▲ +1.6 pp |
| 2020 | 94.2% | CN¥442.70 Million | CN¥25.73 Million | CN¥3.69 Billion | ▼ -2.6 pp |
| 2019 | 96.7% | CN¥969.62 Million | CN¥31.58 Million | CN¥3.60 Billion | ▲ +0.6 pp |
| 2018 | 96.2% | CN¥1.00 Billion | CN¥38.33 Million | CN¥5.02 Billion | ▲ +2.1 pp |
| 2017 | 94.1% | CN¥784.59 Million | CN¥46.09 Million | CN¥2.85 Billion | ▼ -1.5 pp |
| 2016 | 95.6% | CN¥1.15 Billion | CN¥50.60 Million | CN¥2.25 Billion | ▲ +3.2 pp |
| 2015 | 92.4% | CN¥1.13 Billion | CN¥85.10 Million | CN¥2.12 Billion | ▲ +0.4 pp |
| 2014 | 92.1% | CN¥1.12 Billion | CN¥88.82 Million | CN¥2.67 Billion | ▼ -0.3 pp |
| 2013 | 92.4% | CN¥1.19 Billion | CN¥90.75 Million | CN¥2.65 Billion | ▼ -0.9 pp |
| 2012 | 93.3% | CN¥1.10 Billion | CN¥74.15 Million | CN¥2.78 Billion | ▲ +0.3 pp |
| 2011 | 93.0% | CN¥1.08 Billion | CN¥75.87 Million | CN¥2.22 Billion | ▲ +8.8 pp |
| 2010 | 84.2% | CN¥491.62 Million | CN¥77.60 Million | CN¥1.62 Billion | ▲ +4.0 pp |
| 2009 | 80.3% | CN¥415.41 Million | CN¥82.01 Million | CN¥1.78 Billion | ▲ +2.7 pp |
| 2008 | 77.5% | CN¥373.32 Million | CN¥83.93 Million | CN¥1.73 Billion | — |