Petpal Pet Nutrition Technology Co Ltd (300673) — Tangible Net Worth Ratio
Petpal Pet Nutrition Technology Co Ltd (300673) has a Tangible Net Worth Ratio of 97.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥51.05 Million) from net assets (CN¥1.90 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. Also explore Petpal Pet Nutrition Technology Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Petpal Pet Nutrition Technology Co Ltd Tangible Net Worth Ratio (2012–2025)
This chart shows how Petpal Pet Nutrition Technology Co Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 97.3%, reflecting net assets of CN¥1.90 Billion with intangible assets of CN¥51.05 Million CNY. For live market cap and overall valuation, see Petpal Pet Nutrition Technology Co Ltd stock valuation.
Annual Tangible Net Worth Ratio for Petpal Pet Nutrition Technology Co Ltd (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Petpal Pet Nutrition Technology Co 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. Explore how much does Petpal Pet Nutrition Technology Co Ltd reinvest in capital 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) |
|---|---|---|---|---|---|
| 2025 | 97.3% | CN¥1.92 Billion | CN¥51.61 Million | CN¥2.91 Billion | ▲ +0.0 pp |
| 2024 | 97.3% | CN¥1.97 Billion | CN¥53.19 Million | CN¥3.00 Billion | ▲ +0.2 pp |
| 2023 | 97.1% | CN¥1.88 Billion | CN¥54.68 Million | CN¥2.94 Billion | ▼ -0.4 pp |
| 2022 | 97.4% | CN¥1.92 Billion | CN¥49.04 Million | CN¥2.89 Billion | ▲ +0.2 pp |
| 2021 | 97.2% | CN¥1.79 Billion | CN¥49.75 Million | CN¥2.85 Billion | ▲ +0.4 pp |
| 2020 | 96.8% | CN¥1.63 Billion | CN¥51.43 Million | CN¥2.01 Billion | ▲ +2.0 pp |
| 2019 | 94.9% | CN¥1.04 Billion | CN¥53.28 Million | CN¥1.37 Billion | ▼ -1.3 pp |
| 2018 | 96.2% | CN¥977.94 Million | CN¥37.60 Million | CN¥1.18 Billion | ▲ +0.6 pp |
| 2017 | 95.5% | CN¥853.67 Million | CN¥38.36 Million | CN¥985.25 Million | ▲ +5.5 pp |
| 2016 | 90.0% | CN¥393.40 Million | CN¥39.47 Million | CN¥558.76 Million | ▲ +0.1 pp |
| 2015 | 89.9% | CN¥340.14 Million | CN¥34.44 Million | CN¥476.33 Million | ▲ +3.4 pp |
| 2014 | 86.4% | CN¥276.30 Million | CN¥37.48 Million | CN¥381.12 Million | ▲ +1.6 pp |
| 2013 | 84.8% | CN¥253.46 Million | CN¥38.49 Million | CN¥369.57 Million | ▲ +1.2 pp |
| 2012 | 83.6% | CN¥237.51 Million | CN¥39.01 Million | CN¥380.31 Million | — |