SMS Electric Co Ltd Zhengzhou Tangible Net Worth Ratio
SMS Electric Co Ltd Zhengzhou tangible net worth ratio. SMS Electric Co Ltd Zhengzhou (002857) has a Tangible Net Worth Ratio of 97.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥14.16 Million) from net assets (CN¥468.25 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. Also explore net asset momentum of SMS Electric Co Ltd Zhengzhou to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of SMS Electric Co Ltd Zhengzhou (2011–2025)
Tangible net worth ratio of SMS Electric Co Ltd Zhengzhou from 2011 to 2025. This chart shows how SMS Electric Co Ltd Zhengzhou's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 97.0%, reflecting net assets of CN¥468.25 Million with intangible assets of CN¥14.16 Million CNY. Check SMS Electric Co Ltd Zhengzhou strategic capital allocation to assess the company's strategic physical and investment asset allocation.
SMS Electric Co Ltd Zhengzhou Tangible Net Worth Ratio by Year (2011–2025)
SMS Electric Co Ltd Zhengzhou tangible net worth ratio by year from 2011 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for SMS Electric Co Ltd Zhengzhou from 2011 to 2025, covering 15 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 live market cap and overall valuation, see 002857 market cap.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.0% | CN¥493.70 Million | CN¥14.73 Million | CN¥951.18 Million | ▼ -0.1 pp |
| 2024 | 97.2% | CN¥545.23 Million | CN¥15.45 Million | CN¥1.17 Billion | ▲ +0.2 pp |
| 2023 | 96.9% | CN¥529.63 Million | CN¥16.30 Million | CN¥772.37 Million | ▲ +0.2 pp |
| 2022 | 96.7% | CN¥527.32 Million | CN¥17.33 Million | CN¥656.00 Million | ▲ +0.2 pp |
| 2021 | 96.5% | CN¥514.38 Million | CN¥17.88 Million | CN¥633.02 Million | ▲ +0.2 pp |
| 2020 | 96.3% | CN¥494.87 Million | CN¥18.27 Million | CN¥637.01 Million | ▲ +0.2 pp |
| 2019 | 96.1% | CN¥484.25 Million | CN¥18.76 Million | CN¥612.26 Million | ▲ +0.4 pp |
| 2018 | 95.8% | CN¥457.51 Million | CN¥19.44 Million | CN¥624.34 Million | ▲ +0.5 pp |
| 2017 | 95.3% | CN¥425.53 Million | CN¥20.07 Million | CN¥550.24 Million | ▲ +4.0 pp |
| 2016 | 91.3% | CN¥230.26 Million | CN¥20.11 Million | CN¥322.69 Million | ▲ +1.5 pp |
| 2015 | 89.8% | CN¥199.18 Million | CN¥20.40 Million | CN¥284.23 Million | ▲ +2.6 pp |
| 2014 | 87.1% | CN¥160.64 Million | CN¥20.70 Million | CN¥265.99 Million | ▼ -11.0 pp |
| 2013 | 98.1% | CN¥130.98 Million | CN¥2.50 Million | CN¥262.95 Million | ▲ +0.2 pp |
| 2012 | 97.9% | CN¥114.57 Million | CN¥2.42 Million | CN¥226.77 Million | ▲ +0.5 pp |
| 2011 | 97.4% | CN¥94.71 Million | CN¥2.46 Million | CN¥169.23 Million | — |