Zhejiang Songyuan Automotive Safety (300893) — Tangible Net Worth Ratio
Zhejiang Songyuan Automotive Safety (300893) has a Tangible Net Worth Ratio of 86.3% as of September 2025. This metric is calculated by deducting intangible assets (CN¥265.33 Million) from net assets (CN¥1.94 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 shareholders equity of Zhejiang Songyuan Automotive Safety for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Zhejiang Songyuan Automotive Safety Tangible Net Worth Ratio (2016–2024)
This chart shows how Zhejiang Songyuan Automotive Safety's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 86.3%, reflecting net assets of CN¥1.94 Billion with intangible assets of CN¥265.33 Million CNY. Also explore 300893 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Zhejiang Songyuan Automotive Safety (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Zhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 82.4% | CN¥1.34 Billion | CN¥235.82 Million | CN¥3.14 Billion | ▼ -8.7 pp |
| 2023 | 91.1% | CN¥1.06 Billion | CN¥94.83 Million | CN¥1.98 Billion | ▼ -0.3 pp |
| 2022 | 91.4% | CN¥873.50 Million | CN¥75.31 Million | CN¥1.55 Billion | ▲ +0.2 pp |
| 2021 | 91.2% | CN¥772.30 Million | CN¥67.94 Million | CN¥1.09 Billion | ▼ -3.3 pp |
| 2020 | 94.5% | CN¥711.03 Million | CN¥38.78 Million | CN¥884.73 Million | ▲ +4.7 pp |
| 2019 | 89.8% | CN¥364.71 Million | CN¥37.03 Million | CN¥552.84 Million | ▲ +1.8 pp |
| 2018 | 88.1% | CN¥320.12 Million | CN¥38.22 Million | CN¥494.62 Million | ▲ +1.5 pp |
| 2017 | 86.6% | CN¥289.75 Million | CN¥38.85 Million | CN¥494.53 Million | ▼ -1.3 pp |
| 2016 | 87.9% | CN¥239.69 Million | CN¥28.94 Million | CN¥438.59 Million | — |