Qingdao Hengshun Zhongsheng (300208) — Tangible Net Worth Ratio
Qingdao Hengshun Zhongsheng (300208) has a Tangible Net Worth Ratio of -447.3% as of March 2025. This metric is calculated by deducting intangible assets (CN¥550.10 Million) from net assets (CN¥100.51 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 Qingdao Hengshun Zhongsheng short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Qingdao Hengshun Zhongsheng Tangible Net Worth Ratio (2008–2024)
This chart shows how Qingdao Hengshun Zhongsheng's Tangible Net Worth Ratio has changed across 16 annual periods from 2008 to 2024. As of March 2025, the ratio stands at -447.3%, reflecting net assets of CN¥100.51 Million with intangible assets of CN¥550.10 Million CNY. See Qingdao Hengshun Zhongsheng defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Qingdao Hengshun Zhongsheng (2008–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Qingdao Hengshun Zhongsheng from 2008 to 2024, covering 16 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 300208 company net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -203.3% | CN¥186.88 Million | CN¥566.70 Million | CN¥2.63 Billion | ▼ -215.1 pp |
| 2022 | 11.8% | CN¥1.09 Billion | CN¥961.46 Million | CN¥4.17 Billion | ▼ -44.7 pp |
| 2021 | 56.5% | CN¥1.22 Billion | CN¥532.21 Million | CN¥4.20 Billion | ▼ -6.1 pp |
| 2020 | 62.6% | CN¥1.40 Billion | CN¥523.05 Million | CN¥4.60 Billion | ▼ -9.1 pp |
| 2019 | 71.7% | CN¥1.88 Billion | CN¥532.28 Million | CN¥5.75 Billion | ▼ -3.2 pp |
| 2018 | 75.0% | CN¥2.12 Billion | CN¥530.91 Million | CN¥5.09 Billion | ▼ -3.2 pp |
| 2017 | 78.2% | CN¥1.92 Billion | CN¥419.56 Million | CN¥3.89 Billion | ▲ +4.0 pp |
| 2016 | 74.2% | CN¥1.61 Billion | CN¥415.81 Million | CN¥2.78 Billion | ▲ +10.2 pp |
| 2015 | 64.0% | CN¥1.16 Billion | CN¥416.60 Million | CN¥2.14 Billion | ▲ +11.2 pp |
| 2014 | 52.8% | CN¥807.75 Million | CN¥381.29 Million | CN¥1.44 Billion | ▼ -2.8 pp |
| 2013 | 55.6% | CN¥693.90 Million | CN¥308.30 Million | CN¥1.19 Billion | ▼ -44.4 pp |
| 2012 | 100.0% | CN¥679.86 Million | CN¥63.00K | CN¥1.05 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | CN¥628.40 Million | CN¥104.00K | CN¥859.49 Million | ▲ +0.1 pp |
| 2010 | 99.9% | CN¥174.43 Million | CN¥145.00K | CN¥338.18 Million | ▲ +8.9 pp |
| 2009 | 91.0% | CN¥73.98 Million | CN¥6.66 Million | CN¥251.71 Million | ▲ +2.4 pp |
| 2008 | 88.6% | CN¥58.64 Million | CN¥6.67 Million | CN¥275.40 Million | — |