Shifeng Cultural Development Co Ltd (002862) — Tangible Net Worth Ratio
Shifeng Cultural Development Co Ltd (002862) has a Tangible Net Worth Ratio of 86.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥39.60 Million) from net assets (CN¥289.91 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 Shifeng Cultural Development Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shifeng Cultural Development Co Ltd Tangible Net Worth Ratio (2012–2025)
This chart shows how Shifeng Cultural Development Co Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 86.3%, reflecting net assets of CN¥289.91 Million with intangible assets of CN¥39.60 Million CNY. For live market cap and overall valuation, see Shifeng Cultural Development Co Ltd stock valuation.
Annual Tangible Net Worth Ratio for Shifeng Cultural Development Co Ltd (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Shifeng Cultural Development Co Ltd from 2012 to 2025, covering 14 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 Shifeng Cultural Development Co Ltd capital reinvestment ratio 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) |
|---|---|---|---|---|---|
| 2025 | 85.9% | CN¥283.43 Million | CN¥39.88 Million | CN¥664.26 Million | ▼ -5.2 pp |
| 2024 | 91.1% | CN¥462.60 Million | CN¥40.98 Million | CN¥719.71 Million | ▲ +1.4 pp |
| 2023 | 89.7% | CN¥408.51 Million | CN¥42.08 Million | CN¥630.02 Million | ▼ -1.2 pp |
| 2022 | 90.9% | CN¥472.71 Million | CN¥43.20 Million | CN¥704.25 Million | ▼ -0.5 pp |
| 2021 | 91.4% | CN¥513.21 Million | CN¥44.33 Million | CN¥669.84 Million | ▼ 0.0 pp |
| 2020 | 91.4% | CN¥526.78 Million | CN¥45.46 Million | CN¥675.61 Million | ▼ -0.5 pp |
| 2019 | 91.8% | CN¥569.63 Million | CN¥46.50 Million | CN¥648.77 Million | ▲ +0.2 pp |
| 2018 | 91.6% | CN¥569.17 Million | CN¥47.60 Million | CN¥608.33 Million | ▼ -2.2 pp |
| 2017 | 93.8% | CN¥541.86 Million | CN¥33.63 Million | CN¥588.05 Million | ▲ +5.5 pp |
| 2016 | 88.3% | CN¥295.34 Million | CN¥34.51 Million | CN¥337.77 Million | ▲ +2.2 pp |
| 2015 | 86.1% | CN¥255.15 Million | CN¥35.39 Million | CN¥317.12 Million | ▼ -10.3 pp |
| 2014 | 96.4% | CN¥212.25 Million | CN¥7.66 Million | CN¥280.08 Million | ▲ +0.7 pp |
| 2013 | 95.7% | CN¥179.37 Million | CN¥7.75 Million | CN¥279.53 Million | ▲ +5.7 pp |
| 2012 | 90.0% | CN¥79.61 Million | CN¥7.96 Million | CN¥168.96 Million | — |