Jiangsu WELLE Environmental Co Ltd (300190) — Tangible Net Worth Ratio
Jiangsu WELLE Environmental Co Ltd (300190) has a Tangible Net Worth Ratio of 42.8% as of June 2025. This metric is calculated by deducting intangible assets (CN¥1.63 Billion) from net assets (CN¥2.85 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. See Jiangsu WELLE Environmental Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Jiangsu WELLE Environmental Co Ltd Tangible Net Worth Ratio (2008–2024)
This chart shows how Jiangsu WELLE Environmental Co Ltd's Tangible Net Worth Ratio has changed across 17 annual periods from 2008 to 2024. As of June 2025, the ratio stands at 42.8%, reflecting net assets of CN¥2.85 Billion with intangible assets of CN¥1.63 Billion CNY. See Jiangsu WELLE Environmental Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Jiangsu WELLE Environmental Co Ltd (2008–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Jiangsu WELLE Environmental Co Ltd from 2008 to 2024, 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 Jiangsu WELLE Environmental Co Ltd (300190) total market value.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 41.5% | CN¥2.89 Billion | CN¥1.69 Billion | CN¥7.64 Billion | ▼ -2.0 pp |
| 2023 | 43.5% | CN¥3.70 Billion | CN¥2.09 Billion | CN¥9.08 Billion | ▼ -2.7 pp |
| 2022 | 46.2% | CN¥3.97 Billion | CN¥2.13 Billion | CN¥9.91 Billion | ▼ -13.1 pp |
| 2021 | 59.3% | CN¥4.52 Billion | CN¥1.84 Billion | CN¥10.65 Billion | ▼ -2.2 pp |
| 2020 | 61.5% | CN¥4.41 Billion | CN¥1.70 Billion | CN¥9.81 Billion | ▼ -3.2 pp |
| 2019 | 64.8% | CN¥4.01 Billion | CN¥1.41 Billion | CN¥8.10 Billion | ▼ -0.4 pp |
| 2018 | 65.2% | CN¥3.72 Billion | CN¥1.30 Billion | CN¥7.21 Billion | ▼ -10.8 pp |
| 2017 | 76.1% | CN¥3.74 Billion | CN¥896.28 Million | CN¥6.14 Billion | ▲ +2.3 pp |
| 2016 | 73.8% | CN¥2.84 Billion | CN¥745.05 Million | CN¥4.49 Billion | ▲ +15.3 pp |
| 2015 | 58.4% | CN¥1.61 Billion | CN¥669.10 Million | CN¥2.78 Billion | ▲ +3.3 pp |
| 2014 | 55.2% | CN¥1.50 Billion | CN¥670.06 Million | CN¥1.97 Billion | ▼ -28.5 pp |
| 2013 | 83.7% | CN¥976.43 Million | CN¥159.16 Million | CN¥1.18 Billion | ▼ -10.7 pp |
| 2012 | 94.4% | CN¥952.66 Million | CN¥53.44 Million | CN¥1.13 Billion | ▼ -4.8 pp |
| 2011 | 99.2% | CN¥864.42 Million | CN¥7.03 Million | CN¥1.05 Billion | ▲ +6.1 pp |
| 2010 | 93.0% | CN¥118.39 Million | CN¥8.23 Million | CN¥284.89 Million | ▲ +3.4 pp |
| 2009 | 89.7% | CN¥83.17 Million | CN¥8.59 Million | CN¥149.04 Million | ▲ +13.8 pp |
| 2008 | 75.9% | CN¥40.78 Million | CN¥9.84 Million | CN¥77.91 Million | — |