Advanced Fiber Resources Zhuhai Ltd (300620) — Tangible Net Worth Ratio
Advanced Fiber Resources Zhuhai Ltd (300620) has a Tangible Net Worth Ratio of 91.7% as of March 2026. This metric is calculated by deducting intangible assets (CN¥186.98 Million) from net assets (CN¥2.24 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 net assets of Advanced Fiber Resources Zhuhai Ltd for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Advanced Fiber Resources Zhuhai Ltd Tangible Net Worth Ratio (2012–2025)
This chart shows how Advanced Fiber Resources Zhuhai Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 91.7%, reflecting net assets of CN¥2.24 Billion with intangible assets of CN¥186.98 Million CNY. Also explore Advanced Fiber Resources Zhuhai Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Advanced Fiber Resources Zhuhai Ltd (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Advanced Fiber Resources Zhuhai Ltd from 2012 to 2025, covering 14 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 Advanced Fiber Resources Zhuhai Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.8% | CN¥2.36 Billion | CN¥194.67 Million | CN¥3.72 Billion | ▲ +0.3 pp |
| 2024 | 91.4% | CN¥1.96 Billion | CN¥168.14 Million | CN¥2.95 Billion | ▼ -2.0 pp |
| 2023 | 93.5% | CN¥1.70 Billion | CN¥111.34 Million | CN¥2.00 Billion | ▼ -4.4 pp |
| 2022 | 97.8% | CN¥1.65 Billion | CN¥35.57 Million | CN¥1.96 Billion | ▲ +0.2 pp |
| 2021 | 97.7% | CN¥1.53 Billion | CN¥35.79 Million | CN¥1.77 Billion | ▼ -0.1 pp |
| 2020 | 97.8% | CN¥1.40 Billion | CN¥30.80 Million | CN¥1.64 Billion | ▼ -0.3 pp |
| 2019 | 98.1% | CN¥640.64 Million | CN¥12.28 Million | CN¥860.62 Million | ▲ +0.5 pp |
| 2018 | 97.6% | CN¥555.59 Million | CN¥13.30 Million | CN¥821.09 Million | ▼ -0.5 pp |
| 2017 | 98.1% | CN¥479.01 Million | CN¥9.04 Million | CN¥565.06 Million | ▲ +3.0 pp |
| 2016 | 95.1% | CN¥199.47 Million | CN¥9.77 Million | CN¥243.17 Million | ▲ +2.2 pp |
| 2015 | 93.0% | CN¥148.87 Million | CN¥10.49 Million | CN¥175.20 Million | ▼ -7.0 pp |
| 2014 | 100.0% | CN¥86.77 Million | CN¥0.00 | CN¥106.71 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CN¥33.46 Million | CN¥0.00 | CN¥82.27 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CN¥12.22 Million | CN¥0.00 | CN¥65.15 Million | — |