Zhuzhou Hongda Electronics Corp Ltd Class A (300726) — Tangible Net Worth Ratio

Latest as of March 2026: 99.5%

Zhuzhou Hongda Electronics Corp Ltd Class A (300726) has a Tangible Net Worth Ratio of 99.5% as of March 2026. This metric is calculated by deducting intangible assets (CN¥29.01 Million) from net assets (CN¥5.61 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 300726 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥5.61 Billion
CNY

Intangible Assets

CN¥29.01 Million
Goodwill, patents, brand value

Total Assets

CN¥6.14 Billion
CNY

Zhuzhou Hongda Electronics Corp Ltd Class A Tangible Net Worth Ratio (2013–2025)

This chart shows how Zhuzhou Hongda Electronics Corp Ltd Class A's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 99.5%, reflecting net assets of CN¥5.61 Billion with intangible assets of CN¥29.01 Million CNY. See Zhuzhou Hongda Electronics Corp Ltd Clas defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Zhuzhou Hongda Electronics Corp Ltd Class A (2013–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Zhuzhou Hongda Electronics Corp Ltd Class A from 2013 to 2025, covering 13 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 300726 company net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 99.5% CN¥5.50 Billion CN¥29.75 Million CN¥6.15 Billion ▲ +0.1 pp
2024 99.4% CN¥5.23 Billion CN¥31.62 Million CN¥5.90 Billion ▲ +0.0 pp
2023 99.3% CN¥5.05 Billion CN¥32.92 Million CN¥5.77 Billion ▲ +0.1 pp
2022 99.3% CN¥4.71 Billion CN¥35.17 Million CN¥5.76 Billion ▲ +0.1 pp
2021 99.1% CN¥4.02 Billion CN¥34.29 Million CN¥4.91 Billion ▲ +0.7 pp
2020 98.5% CN¥2.20 Billion CN¥33.13 Million CN¥2.97 Billion ▼ -1.0 pp
2019 99.5% CN¥1.80 Billion CN¥9.46 Million CN¥1.97 Billion ▲ +0.1 pp
2018 99.4% CN¥1.59 Billion CN¥9.74 Million CN¥1.69 Billion ▲ +0.1 pp
2017 99.3% CN¥1.40 Billion CN¥9.96 Million CN¥1.48 Billion ▲ +0.5 pp
2016 98.8% CN¥833.44 Million CN¥10.23 Million CN¥910.25 Million ▲ +0.4 pp
2015 98.4% CN¥576.02 Million CN¥9.41 Million CN¥675.74 Million ▲ +0.2 pp
2014 98.2% CN¥522.44 Million CN¥9.65 Million CN¥620.59 Million ▼ -0.8 pp
2013 98.9% CN¥358.08 Million CN¥3.88 Million CN¥442.53 Million
pp = percentage points