Xinjiang Machinery Research Inst (300159) — Tangible Net Worth Ratio
Xinjiang Machinery Research Inst (300159) has a Tangible Net Worth Ratio of -522.9% as of December 2023. This metric is calculated by deducting intangible assets (CN¥154.67 Million) from net assets (CN¥24.83 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 Xinjiang Machinery Research Inst (300159) liquidity 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
Xinjiang Machinery Research Inst Tangible Net Worth Ratio (2007–2023)
This chart shows how Xinjiang Machinery Research Inst's Tangible Net Worth Ratio has changed across 17 annual periods from 2007 to 2023. As of December 2023, the ratio stands at -522.9%, reflecting net assets of CN¥24.83 Million with intangible assets of CN¥154.67 Million CNY. See 300159 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Xinjiang Machinery Research Inst (2007–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Xinjiang Machinery Research Inst from 2007 to 2023, covering 17 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 how much is Xinjiang Machinery Research Inst worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -522.9% | CN¥24.83 Million | CN¥154.67 Million | CN¥2.97 Billion | ▼ -522.3 pp |
| 2022 | -0.6% | CN¥161.74 Million | CN¥162.74 Million | CN¥3.30 Billion | ▲ +4.6 pp |
| 2021 | -5.3% | CN¥203.48 Million | CN¥214.19 Million | CN¥3.26 Billion | ▼ -62.7 pp |
| 2020 | 57.4% | CN¥532.25 Million | CN¥226.79 Million | CN¥3.84 Billion | ▼ -11.1 pp |
| 2019 | 68.5% | CN¥937.03 Million | CN¥295.24 Million | CN¥4.15 Billion | ▼ -5.4 pp |
| 2018 | 73.9% | CN¥1.35 Billion | CN¥351.88 Million | CN¥4.50 Billion | ▼ -0.2 pp |
| 2017 | 74.1% | CN¥1.42 Billion | CN¥367.14 Million | CN¥4.07 Billion | ▼ -8.5 pp |
| 2016 | 82.5% | CN¥1.78 Billion | CN¥310.14 Million | CN¥4.01 Billion | ▼ -11.7 pp |
| 2015 | 94.3% | CN¥5.27 Billion | CN¥300.95 Million | CN¥7.14 Billion | ▼ -1.8 pp |
| 2014 | 96.1% | CN¥1.13 Billion | CN¥43.91 Million | CN¥1.27 Billion | ▲ +0.6 pp |
| 2013 | 95.5% | CN¥1.03 Billion | CN¥46.49 Million | CN¥1.17 Billion | ▼ -0.4 pp |
| 2012 | 95.9% | CN¥954.61 Million | CN¥39.13 Million | CN¥1.03 Billion | ▼ -1.8 pp |
| 2011 | 97.7% | CN¥891.16 Million | CN¥20.27 Million | CN¥997.27 Million | ▲ +0.3 pp |
| 2010 | 97.5% | CN¥824.26 Million | CN¥20.88 Million | CN¥925.17 Million | ▲ +22.9 pp |
| 2009 | 74.6% | CN¥84.22 Million | CN¥21.40 Million | CN¥151.57 Million | ▼ -11.8 pp |
| 2008 | 86.4% | CN¥50.62 Million | CN¥6.90 Million | CN¥79.79 Million | ▲ +4.5 pp |
| 2007 | 81.9% | CN¥37.28 Million | CN¥6.76 Million | CN¥64.24 Million | — |