Luoyang Xinqianglian Slewing Bearin (300850) — Tangible Net Worth Ratio
Luoyang Xinqianglian Slewing Bearin (300850) has a Tangible Net Worth Ratio of 95.2% as of September 2025. This metric is calculated by deducting intangible assets (CN¥337.32 Million) from net assets (CN¥7.07 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 working capital position of Luoyang Xinqianglian Slewing Bearin to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Luoyang Xinqianglian Slewing Bearin Tangible Net Worth Ratio (2016–2024)
This chart shows how Luoyang Xinqianglian Slewing Bearin's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 95.2%, reflecting net assets of CN¥7.07 Billion with intangible assets of CN¥337.32 Million CNY. See how many days can Luoyang Xinqianglian Slewing Bearin fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Luoyang Xinqianglian Slewing Bearin (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Luoyang Xinqianglian Slewing Bearin from 2016 to 2024, covering 9 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 market cap of Luoyang Xinqianglian Slewing Bearin.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 93.4% | CN¥5.24 Billion | CN¥347.18 Million | CN¥10.00 Billion | ▲ +0.3 pp |
| 2023 | 93.1% | CN¥5.19 Billion | CN¥359.64 Million | CN¥9.67 Billion | ▲ +2.2 pp |
| 2022 | 90.8% | CN¥3.95 Billion | CN¥362.10 Million | CN¥9.18 Billion | ▼ -4.7 pp |
| 2021 | 95.6% | CN¥3.51 Billion | CN¥154.78 Million | CN¥6.26 Billion | ▼ -0.3 pp |
| 2020 | 95.9% | CN¥1.51 Billion | CN¥62.38 Million | CN¥3.34 Billion | ▼ -0.3 pp |
| 2019 | 96.2% | CN¥640.22 Million | CN¥24.58 Million | CN¥1.01 Billion | ▼ -1.7 pp |
| 2018 | 97.8% | CN¥540.23 Million | CN¥11.73 Million | CN¥809.44 Million | ▲ +0.3 pp |
| 2017 | 97.5% | CN¥482.26 Million | CN¥12.04 Million | CN¥770.23 Million | ▲ +0.3 pp |
| 2016 | 97.2% | CN¥438.58 Million | CN¥12.35 Million | CN¥770.81 Million | — |