Zhejiang Dayang Biotech Group Co (003017) — Tangible Net Worth Ratio

Latest as of March 2026: 91.8%

Zhejiang Dayang Biotech Group Co (003017) has a Tangible Net Worth Ratio of 91.8% as of March 2026. This metric is calculated by deducting intangible assets (CN¥96.08 Million) from net assets (CN¥1.17 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. See 003017 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

91.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.17 Billion
CNY

Intangible Assets

CN¥96.08 Million
Goodwill, patents, brand value

Total Assets

CN¥1.88 Billion
CNY

Zhejiang Dayang Biotech Group Co Tangible Net Worth Ratio (2013–2025)

This chart shows how Zhejiang Dayang Biotech Group Co's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 91.8%, reflecting net assets of CN¥1.17 Billion with intangible assets of CN¥96.08 Million CNY. See 003017 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Zhejiang Dayang Biotech Group Co (2013–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Zhejiang Dayang Biotech Group Co from 2013 to 2025, covering 13 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 the full company profile including market capitalisation, see market value of Zhejiang Dayang Biotech Group Co.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 92.4% CN¥1.14 Billion CN¥86.17 Million CN¥1.82 Billion ▲ +1.1 pp
2024 91.4% CN¥1.05 Billion CN¥91.06 Million CN¥1.65 Billion ▲ +0.6 pp
2023 90.7% CN¥1.01 Billion CN¥93.35 Million CN¥1.55 Billion ▲ +0.4 pp
2022 90.3% CN¥985.05 Million CN¥95.36 Million CN¥1.51 Billion ▼ -4.0 pp
2021 94.3% CN¥990.71 Million CN¥56.73 Million CN¥1.37 Billion ▲ +0.3 pp
2020 94.0% CN¥958.13 Million CN¥57.48 Million CN¥1.23 Billion ▲ +5.7 pp
2019 88.3% CN¥498.09 Million CN¥58.17 Million CN¥645.60 Million ▲ +1.4 pp
2018 86.9% CN¥440.62 Million CN¥57.73 Million CN¥601.61 Million ▼ -1.7 pp
2017 88.6% CN¥337.71 Million CN¥38.47 Million CN¥513.08 Million ▲ +3.7 pp
2016 84.9% CN¥229.35 Million CN¥34.63 Million CN¥466.72 Million ▲ +1.8 pp
2015 83.1% CN¥209.76 Million CN¥35.55 Million CN¥458.88 Million ▼ -2.5 pp
2014 85.6% CN¥196.87 Million CN¥28.40 Million CN¥463.30 Million ▲ +0.9 pp
2013 84.6% CN¥187.42 Million CN¥28.79 Million CN¥441.35 Million
pp = percentage points