Sichuan Anning Iron and Titanium Co (002978) — Tangible Net Worth Ratio
Sichuan Anning Iron and Titanium Co (002978) has a Tangible Net Worth Ratio of 35.8% as of March 2026. This metric is calculated by deducting intangible assets (CN¥5.66 Billion) from net assets (CN¥8.81 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 002978 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sichuan Anning Iron and Titanium Co Tangible Net Worth Ratio (2014–2025)
This chart shows how Sichuan Anning Iron and Titanium Co's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 35.8%, reflecting net assets of CN¥8.81 Billion with intangible assets of CN¥5.66 Billion CNY. For live market cap and overall valuation, see 002978 stock market capitalisation.
Annual Tangible Net Worth Ratio for Sichuan Anning Iron and Titanium Co (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Sichuan Anning Iron and Titanium Co from 2014 to 2025, covering 12 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 capital reinvestment ratio of Sichuan Anning Iron and Titanium Co 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 | 94.5% | CN¥8.67 Billion | CN¥478.08 Million | CN¥16.85 Billion | ▲ +0.2 pp |
| 2024 | 94.3% | CN¥8.19 Billion | CN¥465.82 Million | CN¥9.49 Billion | ▲ +2.1 pp |
| 2023 | 92.2% | CN¥6.06 Billion | CN¥472.82 Million | CN¥7.13 Billion | ▲ +0.8 pp |
| 2022 | 91.4% | CN¥5.46 Billion | CN¥469.84 Million | CN¥6.56 Billion | ▼ -2.4 pp |
| 2021 | 93.8% | CN¥4.81 Billion | CN¥297.53 Million | CN¥5.61 Billion | ▲ +1.4 pp |
| 2020 | 92.4% | CN¥4.04 Billion | CN¥306.57 Million | CN¥4.77 Billion | ▲ +5.8 pp |
| 2019 | 86.6% | CN¥2.35 Billion | CN¥314.90 Million | CN¥3.05 Billion | ▲ +3.7 pp |
| 2018 | 82.9% | CN¥1.84 Billion | CN¥314.78 Million | CN¥2.64 Billion | ▲ +2.8 pp |
| 2017 | 80.1% | CN¥1.64 Billion | CN¥325.03 Million | CN¥2.60 Billion | ▲ +9.0 pp |
| 2016 | 71.1% | CN¥1.15 Billion | CN¥331.47 Million | CN¥2.47 Billion | ▲ +6.5 pp |
| 2015 | 64.7% | CN¥966.35 Million | CN¥341.60 Million | CN¥2.34 Billion | ▼ -29.6 pp |
| 2014 | 94.3% | CN¥873.35 Million | CN¥49.99 Million | CN¥2.27 Billion | — |