Marssenger Kitchenware Co. Ltd. (300894) — Tangible Net Worth Ratio
Marssenger Kitchenware Co. Ltd. (300894) has a Tangible Net Worth Ratio of 89.6% as of March 2026. This metric is calculated by deducting intangible assets (CN¥109.60 Million) from net assets (CN¥1.05 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 300894 book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Marssenger Kitchenware Co. Ltd. Tangible Net Worth Ratio (2015–2025)
This chart shows how Marssenger Kitchenware Co. Ltd.'s Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 89.6%, reflecting net assets of CN¥1.05 Billion with intangible assets of CN¥109.60 Million CNY. Also explore 300894 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Marssenger Kitchenware Co. Ltd. (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Marssenger Kitchenware Co. Ltd. from 2015 to 2025, covering 11 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 Marssenger Kitchenware Co. Ltd. market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 90.0% | CN¥1.11 Billion | CN¥110.92 Million | CN¥2.09 Billion | ▼ -2.8 pp |
| 2024 | 92.8% | CN¥1.42 Billion | CN¥102.69 Million | CN¥2.48 Billion | ▼ -0.9 pp |
| 2023 | 93.6% | CN¥1.65 Billion | CN¥104.80 Million | CN¥3.33 Billion | ▼ -0.2 pp |
| 2022 | 93.8% | CN¥1.65 Billion | CN¥102.03 Million | CN¥3.20 Billion | ▼ -2.3 pp |
| 2021 | 96.1% | CN¥1.48 Billion | CN¥58.25 Million | CN¥2.40 Billion | ▲ +0.1 pp |
| 2020 | 96.0% | CN¥1.35 Billion | CN¥54.13 Million | CN¥2.17 Billion | ▲ +5.2 pp |
| 2019 | 90.8% | CN¥581.88 Million | CN¥53.49 Million | CN¥1.16 Billion | ▲ +3.9 pp |
| 2018 | 86.9% | CN¥407.75 Million | CN¥53.26 Million | CN¥858.48 Million | ▲ +3.7 pp |
| 2017 | 83.3% | CN¥275.74 Million | CN¥46.14 Million | CN¥636.82 Million | ▼ -2.7 pp |
| 2016 | 86.0% | CN¥112.61 Million | CN¥15.75 Million | CN¥304.42 Million | ▲ +56.5 pp |
| 2015 | 29.5% | CN¥22.00 Million | CN¥15.51 Million | CN¥199.34 Million | — |