Changhong Meiling Co Ltd B (200521) — Tangible Net Worth Ratio
Changhong Meiling Co Ltd B (200521) has a Tangible Net Worth Ratio of 83.1% as of June 2025. This metric is calculated by deducting intangible assets (HK$1.11 Billion) from net assets (HK$6.57 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 Changhong Meiling Co Ltd B annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Changhong Meiling Co Ltd B Tangible Net Worth Ratio (1992–2024)
This chart shows how Changhong Meiling Co Ltd B's Tangible Net Worth Ratio has changed across 33 annual periods from 1992 to 2024. As of June 2025, the ratio stands at 83.1%, reflecting net assets of HK$6.57 Billion with intangible assets of HK$1.11 Billion HKD. For live market cap and overall valuation, see Changhong Meiling Co Ltd B stock valuation.
Annual Tangible Net Worth Ratio for Changhong Meiling Co Ltd B (1992–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Changhong Meiling Co Ltd B from 1992 to 2024, covering 33 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 how much does Changhong Meiling Co Ltd B reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (HKD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 83.5% | HK$6.48 Billion | HK$1.07 Billion | HK$23.97 Billion | ▼ -0.6 pp |
| 2023 | 84.1% | HK$6.19 Billion | HK$983.63 Million | HK$19.39 Billion | ▲ +2.2 pp |
| 2022 | 81.9% | HK$5.54 Billion | HK$1.00 Billion | HK$16.20 Billion | ▲ +2.7 pp |
| 2021 | 79.2% | HK$4.99 Billion | HK$1.04 Billion | HK$15.19 Billion | ▼ -0.5 pp |
| 2020 | 79.6% | HK$4.96 Billion | HK$1.01 Billion | HK$16.10 Billion | ▼ -0.1 pp |
| 2019 | 79.8% | HK$5.11 Billion | HK$1.03 Billion | HK$14.20 Billion | ▼ -2.2 pp |
| 2018 | 82.0% | HK$5.14 Billion | HK$925.79 Million | HK$15.56 Billion | ▼ -1.4 pp |
| 2017 | 83.4% | HK$5.16 Billion | HK$858.48 Million | HK$15.96 Billion | ▼ -3.9 pp |
| 2016 | 87.2% | HK$5.17 Billion | HK$658.99 Million | HK$12.51 Billion | ▲ +5.7 pp |
| 2015 | 81.5% | HK$3.42 Billion | HK$631.38 Million | HK$9.07 Billion | ▼ -1.4 pp |
| 2014 | 82.9% | HK$3.44 Billion | HK$587.06 Million | HK$9.01 Billion | ▲ +1.7 pp |
| 2013 | 81.2% | HK$3.21 Billion | HK$602.57 Million | HK$8.52 Billion | ▲ +3.4 pp |
| 2012 | 77.9% | HK$2.98 Billion | HK$660.02 Million | HK$7.89 Billion | ▲ +1.5 pp |
| 2011 | 76.4% | HK$2.85 Billion | HK$673.83 Million | HK$7.60 Billion | ▲ +1.7 pp |
| 2010 | 74.7% | HK$2.75 Billion | HK$695.38 Million | HK$7.12 Billion | ▲ +20.6 pp |
| 2009 | 54.1% | HK$1.35 Billion | HK$619.12 Million | HK$4.79 Billion | ▲ +7.9 pp |
| 2008 | 46.2% | HK$1.08 Billion | HK$579.00 Million | HK$3.39 Billion | ▲ +11.3 pp |
| 2007 | 34.9% | HK$930.83 Million | HK$605.74 Million | HK$2.94 Billion | ▲ +14.7 pp |
| 2006 | 20.2% | HK$893.80 Million | HK$713.38 Million | HK$2.37 Billion | ▲ +4.7 pp |
| 2005 | 15.5% | HK$879.37 Million | HK$742.97 Million | HK$2.44 Billion | ▼ -17.2 pp |
| 2004 | 32.7% | HK$872.22 Million | HK$587.12 Million | HK$2.36 Billion | ▼ -37.7 pp |
| 2003 | 70.4% | HK$855.75 Million | HK$253.27 Million | HK$2.25 Billion | ▼ -5.0 pp |
| 2002 | 75.5% | HK$1.04 Billion | HK$254.18 Million | HK$2.30 Billion | ▼ -23.9 pp |
| 2001 | 99.3% | HK$1.03 Billion | HK$7.06 Million | HK$2.26 Billion | ▼ -0.2 pp |
| 2000 | 99.5% | HK$1.38 Billion | HK$6.58 Million | HK$2.53 Billion | ▲ +0.0 pp |
| 1999 | 99.5% | HK$1.40 Billion | HK$7.23 Million | HK$2.55 Billion | ▲ +0.1 pp |
| 1998 | 99.4% | HK$1.39 Billion | HK$7.87 Million | HK$2.43 Billion | ▲ +0.1 pp |
| 1997 | 99.4% | HK$1.35 Billion | HK$8.51 Million | HK$2.33 Billion | ▲ +0.3 pp |
| 1996 | 99.0% | HK$1.11 Billion | HK$10.58 Million | HK$2.20 Billion | ▲ +0.5 pp |
| 1995 | 98.5% | HK$654.07 Million | HK$9.50 Million | HK$1.30 Billion | ▲ +0.5 pp |
| 1994 | 98.0% | HK$457.05 Million | HK$9.10 Million | HK$850.49 Million | ▲ +0.6 pp |
| 1993 | 97.4% | HK$375.87 Million | HK$9.70 Million | HK$645.95 Million | ▼ -2.6 pp |
| 1992 | 100.0% | HK$186.47 Million | HK$0.00 | HK$407.87 Million | — |