Changzhou NRB Corp (002708) — Tangible Net Worth Ratio
Changzhou NRB Corp (002708) has a Tangible Net Worth Ratio of 93.3% as of September 2025. This metric is calculated by deducting intangible assets (CN¥114.24 Million) from net assets (CN¥1.71 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 net asset growth rate of Changzhou NRB Corp to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Changzhou NRB Corp Tangible Net Worth Ratio (2009–2024)
This chart shows how Changzhou NRB Corp's Tangible Net Worth Ratio has changed across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 93.3%, reflecting net assets of CN¥1.71 Billion with intangible assets of CN¥114.24 Million CNY. For live market cap and overall valuation, see Changzhou NRB Corp (002708) total market value.
Annual Tangible Net Worth Ratio for Changzhou NRB Corp (2009–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Changzhou NRB Corp from 2009 to 2024, 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. Explore capital reinvestment ratio of Changzhou NRB Corp to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 93.4% | CN¥1.72 Billion | CN¥112.52 Million | CN¥3.53 Billion | ▲ +0.4 pp |
| 2023 | 93.1% | CN¥1.66 Billion | CN¥115.32 Million | CN¥3.25 Billion | ▲ +3.0 pp |
| 2022 | 90.1% | CN¥1.24 Billion | CN¥123.10 Million | CN¥2.71 Billion | ▼ -0.9 pp |
| 2021 | 91.0% | CN¥1.43 Billion | CN¥129.51 Million | CN¥2.66 Billion | ▲ +0.0 pp |
| 2020 | 90.9% | CN¥1.47 Billion | CN¥133.72 Million | CN¥2.65 Billion | ▼ -0.9 pp |
| 2019 | 91.8% | CN¥1.42 Billion | CN¥117.01 Million | CN¥2.17 Billion | ▲ +0.5 pp |
| 2018 | 91.2% | CN¥1.41 Billion | CN¥123.47 Million | CN¥2.18 Billion | ▲ +1.2 pp |
| 2017 | 90.0% | CN¥1.51 Billion | CN¥150.37 Million | CN¥2.35 Billion | ▲ +0.4 pp |
| 2016 | 89.6% | CN¥1.52 Billion | CN¥157.03 Million | CN¥2.39 Billion | ▼ -7.0 pp |
| 2015 | 96.6% | CN¥910.76 Million | CN¥30.57 Million | CN¥1.12 Billion | ▲ +0.1 pp |
| 2014 | 96.5% | CN¥902.12 Million | CN¥31.36 Million | CN¥1.13 Billion | ▲ +2.6 pp |
| 2013 | 94.0% | CN¥501.59 Million | CN¥30.28 Million | CN¥796.09 Million | ▲ +0.8 pp |
| 2012 | 93.2% | CN¥448.21 Million | CN¥30.42 Million | CN¥721.93 Million | ▲ +1.0 pp |
| 2011 | 92.2% | CN¥397.40 Million | CN¥31.02 Million | CN¥657.88 Million | ▼ -3.3 pp |
| 2010 | 95.5% | CN¥344.26 Million | CN¥15.63 Million | CN¥602.21 Million | ▲ +2.0 pp |
| 2009 | 93.4% | CN¥240.85 Million | CN¥15.80 Million | CN¥484.98 Million | — |