Hes Technology Group (002963) — Tangible Net Worth Ratio

Latest as of March 2026: 100.0%

Hes Technology Group (002963) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥456.08K) from net assets (CN¥1.19 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 Hes Technology Group (002963) equity growth momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.19 Billion
CNY

Intangible Assets

CN¥456.08K
Goodwill, patents, brand value

Total Assets

CN¥1.58 Billion
CNY

Hes Technology Group Tangible Net Worth Ratio (2015–2025)

This chart shows how Hes Technology Group's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of CN¥1.19 Billion with intangible assets of CN¥456.08K CNY. For live market cap and overall valuation, see Hes Technology Group (002963) market capitalisation.

Annual Tangible Net Worth Ratio for Hes Technology Group (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Hes Technology Group from 2015 to 2025, covering 11 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 002963 capital expenditure intensity 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 100.0% CN¥1.19 Billion CN¥526.92K CN¥1.62 Billion ▲ +0.0 pp
2024 99.9% CN¥1.35 Billion CN¥875.74K CN¥1.82 Billion ▲ +0.0 pp
2023 99.9% CN¥1.53 Billion CN¥1.39 Million CN¥2.05 Billion ▼ 0.0 pp
2022 99.9% CN¥1.51 Billion CN¥948.56K CN¥2.12 Billion ▼ 0.0 pp
2021 99.9% CN¥1.67 Billion CN¥963.63K CN¥2.31 Billion ▼ 0.0 pp
2020 99.9% CN¥1.66 Billion CN¥829.35K CN¥2.14 Billion ▼ 0.0 pp
2019 100.0% CN¥1.64 Billion CN¥662.98K CN¥2.29 Billion ▲ +0.0 pp
2018 99.9% CN¥623.64 Million CN¥509.83K CN¥1.04 Billion ▼ 0.0 pp
2017 99.9% CN¥452.83 Million CN¥279.14K CN¥676.76 Million ▲ +0.0 pp
2016 99.9% CN¥267.60 Million CN¥196.37K CN¥394.35 Million ▲ +0.0 pp
2015 99.9% CN¥145.72 Million CN¥173.09K CN¥253.24 Million
pp = percentage points