Wafangdian Bearing Co Ltd (200706) — Tangible Net Worth Ratio
Wafangdian Bearing Co Ltd (200706) has a Tangible Net Worth Ratio of 71.7% as of June 2025. This metric is calculated by deducting intangible assets (HK$68.12 Million) from net assets (HK$240.62 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 200706 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Wafangdian Bearing Co Ltd Tangible Net Worth Ratio (1997–2024)
This chart shows how Wafangdian Bearing Co Ltd's Tangible Net Worth Ratio has changed across 28 annual periods from 1997 to 2024. As of June 2025, the ratio stands at 71.7%, reflecting net assets of HK$240.62 Million with intangible assets of HK$68.12 Million HKD. See Wafangdian Bearing Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Wafangdian Bearing Co Ltd (1997–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Wafangdian Bearing Co Ltd from 1997 to 2024, covering 28 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 200706 market cap.
| Year | Tangible NW Ratio | Net Assets (HKD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 73.1% | HK$260.98 Million | HK$70.12 Million | HK$3.32 Billion | ▼ -6.9 pp |
| 2023 | 80.0% | HK$371.31 Million | HK$74.32 Million | HK$3.18 Billion | ▼ -3.6 pp |
| 2022 | 83.5% | HK$470.30 Million | HK$77.44 Million | HK$3.32 Billion | ▼ -3.8 pp |
| 2021 | 87.4% | HK$608.27 Million | HK$76.81 Million | HK$3.22 Billion | ▼ -2.7 pp |
| 2020 | 90.1% | HK$814.00 Million | HK$80.73 Million | HK$3.13 Billion | ▼ -3.2 pp |
| 2019 | 93.3% | HK$1.23 Billion | HK$82.63 Million | HK$2.96 Billion | ▼ -0.5 pp |
| 2018 | 93.8% | HK$1.38 Billion | HK$85.67 Million | HK$3.30 Billion | ▲ +0.1 pp |
| 2017 | 93.7% | HK$1.39 Billion | HK$87.53 Million | HK$3.21 Billion | ▲ +3.2 pp |
| 2016 | 90.5% | HK$1.38 Billion | HK$130.88 Million | HK$3.55 Billion | ▲ +0.6 pp |
| 2015 | 90.0% | HK$1.35 Billion | HK$135.37 Million | HK$3.52 Billion | ▲ +0.1 pp |
| 2014 | 89.8% | HK$1.38 Billion | HK$140.36 Million | HK$3.94 Billion | ▼ -0.9 pp |
| 2013 | 90.7% | HK$1.50 Billion | HK$139.56 Million | HK$3.72 Billion | ▲ +0.2 pp |
| 2012 | 90.5% | HK$1.52 Billion | HK$144.00 Million | HK$3.62 Billion | ▼ -0.6 pp |
| 2011 | 91.1% | HK$1.49 Billion | HK$131.98 Million | HK$3.53 Billion | ▲ +0.6 pp |
| 2010 | 90.6% | HK$1.45 Billion | HK$136.14 Million | HK$3.12 Billion | ▲ +0.9 pp |
| 2009 | 89.6% | HK$1.35 Billion | HK$140.43 Million | HK$2.93 Billion | ▲ +0.7 pp |
| 2008 | 88.9% | HK$1.30 Billion | HK$144.79 Million | HK$2.87 Billion | ▲ +1.3 pp |
| 2007 | 87.6% | HK$1.20 Billion | HK$148.92 Million | HK$2.67 Billion | ▲ +2.4 pp |
| 2006 | 85.2% | HK$1.15 Billion | HK$170.62 Million | HK$2.52 Billion | ▼ -14.8 pp |
| 2005 | 100.0% | HK$1.09 Billion | HK$0.00 | HK$2.39 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | HK$1.07 Billion | HK$0.00 | HK$2.20 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | HK$1.04 Billion | HK$0.00 | HK$2.10 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | HK$1.02 Billion | HK$0.00 | HK$2.04 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | HK$1.04 Billion | HK$0.00 | HK$2.18 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | HK$1.02 Billion | HK$0.00 | HK$2.16 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | HK$992.65 Million | HK$0.00 | HK$2.19 Billion | ▲ +0.1 pp |
| 1998 | 99.9% | HK$986.18 Million | HK$574.58K | HK$2.09 Billion | ▼ -0.1 pp |
| 1997 | 100.0% | HK$931.76 Million | HK$0.00 | HK$1.84 Billion | — |