Shenzhen Zhongheng Huafa Co Ltd Class B (200020) — Tangible Net Worth Ratio
Shenzhen Zhongheng Huafa Co Ltd Class B (200020) has a Tangible Net Worth Ratio of 92.0% as of June 2025. This metric is calculated by deducting intangible assets (HK$33.26 Million) from net assets (HK$418.00 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. See Shenzhen Zhongheng Huafa Co Ltd Class B working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shenzhen Zhongheng Huafa Co Ltd Class B Tangible Net Worth Ratio (1991–2024)
This chart shows how Shenzhen Zhongheng Huafa Co Ltd Class B's Tangible Net Worth Ratio has changed across 34 annual periods from 1991 to 2024. As of June 2025, the ratio stands at 92.0%, reflecting net assets of HK$418.00 Million with intangible assets of HK$33.26 Million HKD. See 200020 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Shenzhen Zhongheng Huafa Co Ltd Class B (1991–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shenzhen Zhongheng Huafa Co Ltd Class B from 1991 to 2024, covering 34 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 cap of Shenzhen Zhongheng Huafa Co Ltd Class B.
| Year | Tangible NW Ratio | Net Assets (HKD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 91.5% | HK$403.66 Million | HK$34.12 Million | HK$680.19 Million | ▲ +1.3 pp |
| 2023 | 90.3% | HK$366.92 Million | HK$35.75 Million | HK$570.54 Million | ▲ +0.9 pp |
| 2022 | 89.4% | HK$353.58 Million | HK$37.46 Million | HK$608.82 Million | ▲ +0.8 pp |
| 2021 | 88.6% | HK$343.45 Million | HK$39.17 Million | HK$659.93 Million | ▲ +0.7 pp |
| 2020 | 87.9% | HK$336.25 Million | HK$40.82 Million | HK$627.78 Million | ▲ +0.9 pp |
| 2019 | 87.0% | HK$329.43 Million | HK$42.97 Million | HK$614.16 Million | ▼ -0.1 pp |
| 2018 | 87.1% | HK$323.97 Million | HK$41.82 Million | HK$617.09 Million | ▲ +0.6 pp |
| 2017 | 86.5% | HK$320.67 Million | HK$43.31 Million | HK$629.76 Million | ▲ +0.5 pp |
| 2016 | 86.0% | HK$319.70 Million | HK$44.88 Million | HK$632.48 Million | ▲ +0.9 pp |
| 2015 | 85.1% | HK$311.41 Million | HK$46.37 Million | HK$1.16 Billion | ▲ +2.1 pp |
| 2014 | 83.0% | HK$281.35 Million | HK$47.87 Million | HK$1.16 Billion | ▲ +1.0 pp |
| 2013 | 82.0% | HK$273.66 Million | HK$49.36 Million | HK$731.35 Million | ▲ +0.0 pp |
| 2012 | 82.0% | HK$280.18 Million | HK$50.54 Million | HK$681.65 Million | ▲ +0.7 pp |
| 2011 | 81.2% | HK$276.94 Million | HK$51.96 Million | HK$668.39 Million | ▲ +1.3 pp |
| 2010 | 80.0% | HK$266.56 Million | HK$53.43 Million | HK$725.89 Million | ▲ +1.7 pp |
| 2009 | 78.3% | HK$251.96 Million | HK$54.78 Million | HK$756.78 Million | ▼ -19.2 pp |
| 2008 | 97.5% | HK$247.81 Million | HK$6.25 Million | HK$446.67 Million | ▲ +0.1 pp |
| 2007 | 97.3% | HK$242.20 Million | HK$6.45 Million | HK$373.96 Million | ▼ -2.7 pp |
| 2006 | 100.0% | HK$223.84 Million | HK$0.00 | HK$376.03 Million | ▲ +0.0 pp |
| 2005 | 100.0% | HK$238.86 Million | HK$0.00 | HK$389.19 Million | ▲ +0.0 pp |
| 2004 | 100.0% | HK$232.24 Million | HK$0.00 | HK$429.71 Million | ▲ +0.0 pp |
| 2003 | 100.0% | HK$276.58 Million | HK$0.00 | HK$476.38 Million | ▲ +0.0 pp |
| 2002 | 100.0% | HK$293.99 Million | HK$0.00 | HK$479.02 Million | ▲ +0.0 pp |
| 2001 | 100.0% | HK$290.78 Million | HK$0.00 | HK$450.23 Million | ▲ +0.0 pp |
| 2000 | 100.0% | HK$299.33 Million | HK$0.00 | HK$466.97 Million | ▲ +0.0 pp |
| 1999 | 100.0% | HK$309.94 Million | HK$0.00 | HK$485.13 Million | ▲ +0.0 pp |
| 1998 | 100.0% | HK$312.79 Million | HK$0.00 | HK$446.07 Million | ▲ +0.0 pp |
| 1997 | 100.0% | HK$412.50 Million | HK$0.00 | HK$531.58 Million | ▲ +0.0 pp |
| 1996 | 100.0% | HK$375.12 Million | HK$0.00 | HK$570.66 Million | ▲ +0.0 pp |
| 1995 | 100.0% | HK$367.26 Million | HK$28.27K | HK$526.26 Million | ▲ +0.0 pp |
| 1994 | 100.0% | HK$333.77 Million | HK$56.54K | HK$441.05 Million | ▲ +0.0 pp |
| 1993 | 100.0% | HK$309.30 Million | HK$84.81K | HK$481.72 Million | ▲ +0.0 pp |
| 1992 | 100.0% | HK$268.05 Million | HK$113.09K | HK$456.54 Million | ▲ +0.0 pp |
| 1991 | 99.9% | HK$157.67 Million | HK$141.36K | HK$425.62 Million | — |