Top Resource Conservation Engineering Co Ltd (300332) — Tangible Net Worth Ratio
Top Resource Conservation Engineering Co Ltd (300332) has a Tangible Net Worth Ratio of 72.8% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.14 Billion) from net assets (CN¥4.19 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 Top Resource Conservation Engineering Co (300332) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Top Resource Conservation Engineering Co Ltd Tangible Net Worth Ratio (2009–2025)
This chart shows how Top Resource Conservation Engineering Co Ltd's Tangible Net Worth Ratio has changed across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at 72.8%, reflecting net assets of CN¥4.19 Billion with intangible assets of CN¥1.14 Billion CNY. See Top Resource Conservation Engineering Co (300332) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Top Resource Conservation Engineering Co Ltd (2009–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Top Resource Conservation Engineering Co Ltd from 2009 to 2025, 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 market cap of Top Resource Conservation Engineering Co.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 72.3% | CN¥4.17 Billion | CN¥1.16 Billion | CN¥8.02 Billion | ▲ +1.4 pp |
| 2024 | 70.9% | CN¥4.44 Billion | CN¥1.29 Billion | CN¥8.27 Billion | ▲ +1.5 pp |
| 2023 | 69.4% | CN¥4.42 Billion | CN¥1.35 Billion | CN¥9.13 Billion | ▲ +3.6 pp |
| 2022 | 65.8% | CN¥4.17 Billion | CN¥1.43 Billion | CN¥9.29 Billion | ▲ +5.0 pp |
| 2021 | 60.8% | CN¥3.77 Billion | CN¥1.48 Billion | CN¥8.28 Billion | ▼ -11.4 pp |
| 2020 | 72.1% | CN¥3.65 Billion | CN¥1.02 Billion | CN¥8.49 Billion | ▲ +2.0 pp |
| 2019 | 70.2% | CN¥3.54 Billion | CN¥1.06 Billion | CN¥7.86 Billion | ▲ +0.3 pp |
| 2018 | 69.9% | CN¥3.60 Billion | CN¥1.08 Billion | CN¥8.13 Billion | ▲ +0.7 pp |
| 2017 | 69.1% | CN¥3.67 Billion | CN¥1.13 Billion | CN¥8.35 Billion | ▲ +2.0 pp |
| 2016 | 67.2% | CN¥3.57 Billion | CN¥1.17 Billion | CN¥7.60 Billion | ▲ +7.6 pp |
| 2015 | 59.5% | CN¥2.36 Billion | CN¥954.06 Million | CN¥4.14 Billion | ▼ -14.0 pp |
| 2014 | 73.5% | CN¥1.39 Billion | CN¥368.80 Million | CN¥2.37 Billion | ▼ -25.4 pp |
| 2013 | 98.9% | CN¥1.28 Billion | CN¥14.51 Million | CN¥1.66 Billion | ▼ -1.0 pp |
| 2012 | 99.9% | CN¥1.17 Billion | CN¥1.05 Million | CN¥1.55 Billion | ▲ +0.0 pp |
| 2011 | 99.9% | CN¥465.13 Million | CN¥434.74K | CN¥1.05 Billion | ▼ 0.0 pp |
| 2010 | 99.9% | CN¥413.88 Million | CN¥348.79K | CN¥704.15 Million | ▼ -0.1 pp |
| 2009 | 100.0% | CN¥204.71 Million | CN¥58.21K | CN¥364.46 Million | — |