Jade Bird Fire Alarm (002960) — Tangible Net Worth Ratio

Latest as of March 2026: 91.9%

Jade Bird Fire Alarm (002960) has a Tangible Net Worth Ratio of 91.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥544.28 Million) from net assets (CN¥6.69 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 Jade Bird Fire Alarm (002960) net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

91.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥6.69 Billion
CNY

Intangible Assets

CN¥544.28 Million
Goodwill, patents, brand value

Total Assets

CN¥10.42 Billion
CNY

Jade Bird Fire Alarm Tangible Net Worth Ratio (2011–2025)

This chart shows how Jade Bird Fire Alarm's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 91.9%, reflecting net assets of CN¥6.69 Billion with intangible assets of CN¥544.28 Million CNY. For live market cap and overall valuation, see 002960 market cap.

Annual Tangible Net Worth Ratio for Jade Bird Fire Alarm (2011–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Jade Bird Fire Alarm 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. Explore Jade Bird Fire Alarm capex to cash flow 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 92.4% CN¥6.81 Billion CN¥516.52 Million CN¥10.34 Billion ▼ -1.0 pp
2024 93.4% CN¥6.44 Billion CN¥425.38 Million CN¥8.89 Billion ▼ -2.3 pp
2023 95.6% CN¥6.48 Billion CN¥281.79 Million CN¥8.47 Billion ▼ -0.7 pp
2022 96.3% CN¥6.00 Billion CN¥220.17 Million CN¥8.06 Billion ▲ +1.7 pp
2021 94.6% CN¥3.72 Billion CN¥199.67 Million CN¥5.69 Billion ▼ -4.3 pp
2020 98.9% CN¥3.10 Billion CN¥33.32 Million CN¥4.34 Billion ▲ +0.1 pp
2019 98.9% CN¥2.77 Billion CN¥31.79 Million CN¥3.61 Billion ▲ +0.8 pp
2018 98.1% CN¥1.48 Billion CN¥28.83 Million CN¥2.18 Billion ▲ +0.8 pp
2017 97.3% CN¥1.14 Billion CN¥30.78 Million CN¥1.73 Billion ▲ +1.1 pp
2016 96.2% CN¥815.19 Million CN¥30.78 Million CN¥1.33 Billion ▲ +1.9 pp
2015 94.4% CN¥587.03 Million CN¥33.10 Million CN¥989.53 Million ▼ -2.7 pp
2014 97.0% CN¥423.84 Million CN¥12.61 Million CN¥679.95 Million ▼ -1.2 pp
2013 98.3% CN¥312.42 Million CN¥5.43 Million CN¥550.41 Million ▲ +1.2 pp
2012 97.1% CN¥186.68 Million CN¥5.50 Million CN¥346.88 Million ▲ +1.7 pp
2011 95.3% CN¥125.88 Million CN¥5.90 Million CN¥260.31 Million
pp = percentage points