Zhejiang Narada Power Source (300068) — Tangible Net Worth Ratio

Latest as of March 2026: 59.9%

Zhejiang Narada Power Source (300068) has a Tangible Net Worth Ratio of 59.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥343.65 Million) from net assets (CN¥856.75 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 300068 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

59.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥856.75 Million
CNY

Intangible Assets

CN¥343.65 Million
Goodwill, patents, brand value

Total Assets

CN¥13.70 Billion
CNY

Zhejiang Narada Power Source Tangible Net Worth Ratio (2007–2025)

This chart shows how Zhejiang Narada Power Source's Tangible Net Worth Ratio has changed across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 59.9%, reflecting net assets of CN¥856.75 Million with intangible assets of CN¥343.65 Million CNY. See 300068 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 Narada Power Source (2007–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Zhejiang Narada Power Source from 2007 to 2025, covering 19 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 Zhejiang Narada Power Source.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 70.3% CN¥1.17 Billion CN¥347.42 Million CN¥14.89 Billion ▼ -19.7 pp
2024 90.0% CN¥3.82 Billion CN¥382.19 Million CN¥18.30 Billion ▼ -3.1 pp
2023 93.1% CN¥5.30 Billion CN¥368.00 Million CN¥18.20 Billion ▲ +0.0 pp
2022 93.0% CN¥5.04 Billion CN¥350.70 Million CN¥16.01 Billion ▲ +1.8 pp
2021 91.2% CN¥4.14 Billion CN¥363.05 Million CN¥13.83 Billion ▼ -3.0 pp
2020 94.3% CN¥5.76 Billion CN¥330.84 Million CN¥14.28 Billion ▼ -0.8 pp
2019 95.0% CN¥6.34 Billion CN¥315.52 Million CN¥13.19 Billion ▼ -0.3 pp
2018 95.3% CN¥6.15 Billion CN¥286.44 Million CN¥12.68 Billion ▼ -0.1 pp
2017 95.4% CN¥6.16 Billion CN¥282.78 Million CN¥10.89 Billion ▼ -1.1 pp
2016 96.5% CN¥6.35 Billion CN¥222.77 Million CN¥9.19 Billion ▲ +3.5 pp
2015 93.0% CN¥3.36 Billion CN¥235.57 Million CN¥6.93 Billion ▼ -0.6 pp
2014 93.5% CN¥2.96 Billion CN¥191.39 Million CN¥4.87 Billion ▲ +0.3 pp
2013 93.2% CN¥3.03 Billion CN¥204.56 Million CN¥4.23 Billion ▼ -0.2 pp
2012 93.4% CN¥2.89 Billion CN¥190.48 Million CN¥3.91 Billion ▲ +0.3 pp
2011 93.2% CN¥2.66 Billion CN¥182.35 Million CN¥3.24 Billion ▼ -4.7 pp
2010 97.9% CN¥2.56 Billion CN¥54.11 Million CN¥2.91 Billion ▲ +7.0 pp
2009 90.9% CN¥503.83 Million CN¥45.95 Million CN¥1.19 Billion ▲ +2.6 pp
2008 88.2% CN¥380.78 Million CN¥44.80 Million CN¥978.39 Million ▼ -2.2 pp
2007 90.4% CN¥267.48 Million CN¥25.64 Million CN¥788.30 Million
pp = percentage points