Beijing Hezong Science&Technology Co Ltd (300477) — Tangible Net Worth Ratio

Latest as of September 2025: -31.9%

Beijing Hezong Science&Technology Co Ltd (300477) has a Tangible Net Worth Ratio of -31.9% as of September 2025. This metric is calculated by deducting intangible assets (CN¥498.34 Million) from net assets (CN¥377.73 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. Also explore Beijing Hezong Science&Technology Co Ltd (300477) net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

-31.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥377.73 Million
CNY

Intangible Assets

CN¥498.34 Million
Goodwill, patents, brand value

Total Assets

CN¥4.87 Billion
CNY

Beijing Hezong Science&Technology Co Ltd Tangible Net Worth Ratio (2005–2024)

This chart shows how Beijing Hezong Science&Technology Co Ltd's Tangible Net Worth Ratio has changed across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at -31.9%, reflecting net assets of CN¥377.73 Million with intangible assets of CN¥498.34 Million CNY. For live market cap and overall valuation, see Beijing Hezong Science&Technology Co Ltd market cap and net worth.

Annual Tangible Net Worth Ratio for Beijing Hezong Science&Technology Co Ltd (2005–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Beijing Hezong Science&Technology Co Ltd from 2005 to 2024, covering 20 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. Explore Beijing Hezong Science&Technology Co Ltd capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 19.5% CN¥668.08 Million CN¥537.85 Million CN¥5.42 Billion ▼ -52.2 pp
2023 71.7% CN¥2.31 Billion CN¥653.59 Million CN¥9.69 Billion ▼ -18.5 pp
2022 90.2% CN¥2.99 Billion CN¥293.10 Million CN¥7.27 Billion ▲ +1.0 pp
2021 89.2% CN¥2.33 Billion CN¥252.85 Million CN¥5.10 Billion ▲ +9.8 pp
2020 79.3% CN¥1.24 Billion CN¥256.75 Million CN¥4.15 Billion ▼ -7.6 pp
2019 87.0% CN¥2.01 Billion CN¥261.52 Million CN¥4.62 Billion ▼ -2.0 pp
2018 89.0% CN¥1.94 Billion CN¥214.42 Million CN¥4.68 Billion ▼ -0.1 pp
2017 89.0% CN¥1.92 Billion CN¥211.20 Million CN¥3.95 Billion ▲ +5.8 pp
2016 83.2% CN¥881.13 Million CN¥147.78 Million CN¥2.01 Billion ▲ +0.6 pp
2015 82.6% CN¥735.52 Million CN¥127.96 Million CN¥1.56 Billion ▼ -10.7 pp
2014 93.3% CN¥420.59 Million CN¥28.00 Million CN¥993.96 Million ▲ +1.1 pp
2013 92.2% CN¥362.02 Million CN¥28.21 Million CN¥815.82 Million ▲ +2.0 pp
2012 90.2% CN¥285.62 Million CN¥27.97 Million CN¥624.84 Million ▲ +2.5 pp
2011 87.7% CN¥228.45 Million CN¥28.04 Million CN¥449.63 Million ▲ +4.3 pp
2010 83.4% CN¥172.62 Million CN¥28.66 Million CN¥334.23 Million ▼ -11.3 pp
2009 94.7% CN¥131.69 Million CN¥6.98 Million CN¥241.15 Million ▲ +0.4 pp
2008 94.3% CN¥119.76 Million CN¥6.88 Million CN¥189.54 Million ▲ +6.3 pp
2007 87.9% CN¥90.82 Million CN¥10.95 Million CN¥147.77 Million ▲ +3.3 pp
2006 84.7% CN¥78.18 Million CN¥11.98 Million CN¥132.16 Million ▲ +2.8 pp
2005 81.9% CN¥69.92 Million CN¥12.67 Million CN¥119.28 Million
pp = percentage points