M Grass Ecology and Environment Group Co Ltd (300355) — Tangible Net Worth Ratio
M Grass Ecology and Environment Group Co Ltd (300355) has a Tangible Net Worth Ratio of 62.8% as of June 2025. This metric is calculated by deducting intangible assets (CN¥1.89 Billion) from net assets (CN¥5.07 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 M Grass Ecology and Environment Group Co working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
M Grass Ecology and Environment Group Co Ltd Tangible Net Worth Ratio (2009–2024)
This chart shows how M Grass Ecology and Environment Group Co Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 2009 to 2024. As of June 2025, the ratio stands at 62.8%, reflecting net assets of CN¥5.07 Billion with intangible assets of CN¥1.89 Billion CNY. See M Grass Ecology and Environment Group Co liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for M Grass Ecology and Environment Group Co Ltd (2009–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for M Grass Ecology and Environment Group Co Ltd from 2009 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 M Grass Ecology and Environment Group Co (300355) total market value.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 60.5% | CN¥5.00 Billion | CN¥1.98 Billion | CN¥15.49 Billion | ▼ -7.7 pp |
| 2023 | 68.1% | CN¥5.92 Billion | CN¥1.88 Billion | CN¥15.94 Billion | ▲ +5.6 pp |
| 2022 | 62.6% | CN¥5.74 Billion | CN¥2.15 Billion | CN¥16.06 Billion | ▲ +1.7 pp |
| 2021 | 60.9% | CN¥5.76 Billion | CN¥2.25 Billion | CN¥16.01 Billion | ▼ -9.3 pp |
| 2020 | 70.2% | CN¥5.49 Billion | CN¥1.64 Billion | CN¥15.22 Billion | ▼ -20.3 pp |
| 2019 | 90.5% | CN¥5.35 Billion | CN¥509.10 Million | CN¥16.18 Billion | ▼ -5.8 pp |
| 2018 | 96.3% | CN¥4.18 Billion | CN¥155.59 Million | CN¥14.52 Billion | ▼ -2.4 pp |
| 2017 | 98.7% | CN¥3.92 Billion | CN¥50.93 Million | CN¥12.48 Billion | ▲ +2.0 pp |
| 2016 | 96.7% | CN¥3.08 Billion | CN¥102.39 Million | CN¥7.02 Billion | ▲ +1.3 pp |
| 2015 | 95.4% | CN¥2.22 Billion | CN¥102.63 Million | CN¥4.55 Billion | ▲ +10.2 pp |
| 2014 | 85.1% | CN¥1.58 Billion | CN¥235.53 Million | CN¥3.51 Billion | ▼ -13.1 pp |
| 2013 | 98.2% | CN¥936.00 Million | CN¥16.51 Million | CN¥1.77 Billion | ▲ +0.3 pp |
| 2012 | 98.0% | CN¥819.74 Million | CN¥16.63 Million | CN¥1.32 Billion | ▲ +2.2 pp |
| 2011 | 95.8% | CN¥319.35 Million | CN¥13.56 Million | CN¥701.58 Million | ▼ -2.5 pp |
| 2010 | 98.2% | CN¥236.93 Million | CN¥4.19 Million | CN¥435.62 Million | ▼ -0.8 pp |
| 2009 | 99.0% | CN¥121.80 Million | CN¥1.20 Million | CN¥283.07 Million | — |