Sungrow Power Supply Co Ltd (300274) — Tangible Net Worth Ratio

Latest as of March 2026: 97.5%

Sungrow Power Supply Co Ltd (300274) has a Tangible Net Worth Ratio of 97.5% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.28 Billion) from net assets (CN¥51.77 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 300274 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

97.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥51.77 Billion
CNY

Intangible Assets

CN¥1.28 Billion
Goodwill, patents, brand value

Total Assets

CN¥121.86 Billion
CNY

Sungrow Power Supply Co Ltd Tangible Net Worth Ratio (2008–2025)

This chart shows how Sungrow Power Supply Co Ltd's Tangible Net Worth Ratio has changed across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 97.5%, reflecting net assets of CN¥51.77 Billion with intangible assets of CN¥1.28 Billion CNY. See Sungrow Power Supply Co Ltd (300274) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Sungrow Power Supply Co Ltd (2008–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Sungrow Power Supply Co Ltd from 2008 to 2025, covering 18 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 Sungrow Power Supply Co Ltd stock valuation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 97.5% CN¥49.77 Billion CN¥1.23 Billion CN¥118.68 Billion ▲ +0.3 pp
2024 97.2% CN¥40.20 Billion CN¥1.12 Billion CN¥115.07 Billion ▼ -0.3 pp
2023 97.5% CN¥29.45 Billion CN¥732.41 Million CN¥82.88 Billion ▼ -0.8 pp
2022 98.3% CN¥19.74 Billion CN¥340.38 Million CN¥61.63 Billion ▼ -0.7 pp
2021 99.0% CN¥16.70 Billion CN¥174.39 Million CN¥42.84 Billion ▲ +0.1 pp
2020 98.8% CN¥10.86 Billion CN¥128.95 Million CN¥28.23 Billion ▲ +0.1 pp
2019 98.8% CN¥8.74 Billion CN¥108.14 Million CN¥22.73 Billion ▼ -0.1 pp
2018 98.9% CN¥7.79 Billion CN¥88.51 Million CN¥18.49 Billion ▲ +0.1 pp
2017 98.8% CN¥7.02 Billion CN¥86.63 Million CN¥16.25 Billion ▲ +0.2 pp
2016 98.5% CN¥5.96 Billion CN¥87.38 Million CN¥11.66 Billion ▲ +1.6 pp
2015 97.0% CN¥2.84 Billion CN¥86.11 Million CN¥6.78 Billion ▼ -1.9 pp
2014 98.9% CN¥2.37 Billion CN¥26.48 Million CN¥4.88 Billion ▼ -0.1 pp
2013 99.0% CN¥2.05 Billion CN¥20.18 Million CN¥3.91 Billion ▼ -0.1 pp
2012 99.1% CN¥1.85 Billion CN¥16.41 Million CN¥2.75 Billion ▼ 0.0 pp
2011 99.1% CN¥1.81 Billion CN¥15.84 Million CN¥2.41 Billion ▲ +0.3 pp
2010 98.8% CN¥392.81 Million CN¥4.58 Million CN¥854.97 Million ▲ +1.9 pp
2009 97.0% CN¥148.21 Million CN¥4.51 Million CN¥277.43 Million ▲ +0.9 pp
2008 96.1% CN¥113.00 Million CN¥4.41 Million CN¥166.06 Million
pp = percentage points