Shandong Hongyu Agricultural Machinery Co Ltd Tangible Net Worth Ratio
Shandong Hongyu Agricultural Machinery Co Ltd tangible net worth ratio. Shandong Hongyu Agricultural Machinery Co Ltd (002890) has a Tangible Net Worth Ratio of 96.2% as of June 2026. This metric is calculated by deducting intangible assets (CN¥22.96 Million) from net assets (CN¥604.62 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. Check Shandong Hongyu Agricultural Machinery C strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Shandong Hongyu Agricultural Machinery Co Ltd (2012–2025)
Tangible net worth ratio of Shandong Hongyu Agricultural Machinery Co Ltd from 2012 to 2025. This chart shows how Shandong Hongyu Agricultural Machinery Co Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 96.2%, reflecting net assets of CN¥604.62 Million with intangible assets of CN¥22.96 Million CNY. See Shandong Hongyu Agricultural Machinery C current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Shandong Hongyu Agricultural Machinery Co Ltd Tangible Net Worth Ratio by Year (2012–2025)
Shandong Hongyu Agricultural Machinery Co Ltd tangible net worth ratio by year from 2012 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Shandong Hongyu Agricultural Machinery 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. For live market cap and overall valuation, see market value of Shandong Hongyu Agricultural Machinery C.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.1% | CN¥600.06 Million | CN¥23.36 Million | CN¥747.40 Million | ▲ +0.2 pp |
| 2024 | 95.9% | CN¥593.99 Million | CN¥24.12 Million | CN¥737.45 Million | ▲ +0.2 pp |
| 2023 | 95.8% | CN¥590.31 Million | CN¥24.96 Million | CN¥737.41 Million | ▲ +0.2 pp |
| 2022 | 95.6% | CN¥580.80 Million | CN¥25.52 Million | CN¥739.36 Million | ▲ +0.2 pp |
| 2021 | 95.4% | CN¥566.50 Million | CN¥26.10 Million | CN¥711.29 Million | ▲ +0.3 pp |
| 2020 | 95.1% | CN¥551.55 Million | CN¥26.96 Million | CN¥654.26 Million | ▲ +0.2 pp |
| 2019 | 94.9% | CN¥540.68 Million | CN¥27.68 Million | CN¥641.10 Million | ▲ +0.2 pp |
| 2018 | 94.7% | CN¥530.16 Million | CN¥28.28 Million | CN¥638.38 Million | ▲ +0.4 pp |
| 2017 | 94.3% | CN¥505.06 Million | CN¥29.02 Million | CN¥604.40 Million | ▲ +4.4 pp |
| 2016 | 89.9% | CN¥291.34 Million | CN¥29.45 Million | CN¥406.76 Million | ▲ +1.4 pp |
| 2015 | 88.5% | CN¥263.11 Million | CN¥30.19 Million | CN¥382.83 Million | ▲ +4.6 pp |
| 2014 | 83.9% | CN¥214.83 Million | CN¥34.50 Million | CN¥422.45 Million | ▲ +2.9 pp |
| 2013 | 81.1% | CN¥186.61 Million | CN¥35.29 Million | CN¥486.68 Million | ▼ -13.5 pp |
| 2012 | 94.6% | CN¥155.04 Million | CN¥8.34 Million | CN¥457.51 Million | — |