Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd (300967) — Tangible Net Worth Ratio
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd (300967) has a Tangible Net Worth Ratio of 94.4% as of June 2025. This metric is calculated by deducting intangible assets (CN¥50.88 Million) from net assets (CN¥907.92 Million) 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 net asset momentum of Ningxia Xiaoming Agriculture & Animal Hu to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd Tangible Net Worth Ratio (2019–2024)
This chart shows how Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 94.4%, reflecting net assets of CN¥907.92 Million with intangible assets of CN¥50.88 Million CNY. For live market cap and overall valuation, see market value of Ningxia Xiaoming Agriculture & Animal Hu.
Annual Tangible Net Worth Ratio for Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd from 2019 to 2024, covering 6 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 Ningxia Xiaoming Agriculture & Animal Hu capital spending ratio 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) |
|---|---|---|---|---|---|
| 2024 | 93.5% | CN¥782.16 Million | CN¥50.90 Million | CN¥1.69 Billion | ▲ +0.6 pp |
| 2023 | 92.8% | CN¥737.28 Million | CN¥52.73 Million | CN¥1.62 Billion | ▼ -1.1 pp |
| 2022 | 93.9% | CN¥798.37 Million | CN¥48.45 Million | CN¥1.45 Billion | ▼ -0.5 pp |
| 2021 | 94.5% | CN¥825.37 Million | CN¥45.74 Million | CN¥1.16 Billion | ▼ -1.1 pp |
| 2020 | 95.6% | CN¥614.97 Million | CN¥27.31 Million | CN¥895.97 Million | ▼ -0.5 pp |
| 2019 | 96.1% | CN¥564.72 Million | CN¥22.25 Million | CN¥774.71 Million | — |