Sanhe Tongfei Refrigeration Co. Ltd. Tangible Net Worth Ratio
Sanhe Tongfei Refrigeration Co. Ltd. tangible net worth ratio. Sanhe Tongfei Refrigeration Co. Ltd. (300990) has a Tangible Net Worth Ratio of 92.9% as of September 2025. This metric is calculated by deducting intangible assets (CN¥144.26 Million) from net assets (CN¥2.03 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 Sanhe Tongfei Refrigeration Co. Ltd. net asset quality index to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Sanhe Tongfei Refrigeration Co. Ltd. (2017–2024)
Tangible net worth ratio of Sanhe Tongfei Refrigeration Co. Ltd. from 2017 to 2024. This chart shows how Sanhe Tongfei Refrigeration Co. Ltd.'s Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 92.9%, reflecting net assets of CN¥2.03 Billion with intangible assets of CN¥144.26 Million CNY. See working capital to net assets of Sanhe Tongfei Refrigeration Co. Ltd. to evaluate short-term liquidity relative to the company's equity base.
Sanhe Tongfei Refrigeration Co. Ltd. Tangible Net Worth Ratio by Year (2017–2024)
Sanhe Tongfei Refrigeration Co. Ltd. tangible net worth ratio by year from 2017 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Sanhe Tongfei Refrigeration Co. Ltd. from 2017 to 2024, covering 8 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 live market cap and overall valuation, see Sanhe Tongfei Refrigeration Co. Ltd. stock valuation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 92.2% | CN¥1.89 Billion | CN¥147.65 Million | CN¥2.50 Billion | ▲ +0.8 pp |
| 2023 | 91.4% | CN¥1.76 Billion | CN¥151.91 Million | CN¥2.18 Billion | ▲ +1.0 pp |
| 2022 | 90.3% | CN¥1.63 Billion | CN¥157.60 Million | CN¥1.86 Billion | ▼ -4.0 pp |
| 2021 | 94.3% | CN¥1.55 Billion | CN¥88.05 Million | CN¥1.69 Billion | ▲ +5.1 pp |
| 2020 | 89.2% | CN¥470.16 Million | CN¥50.67 Million | CN¥548.17 Million | ▲ +4.2 pp |
| 2019 | 85.0% | CN¥345.34 Million | CN¥51.67 Million | CN¥395.68 Million | ▼ -11.8 pp |
| 2018 | 96.8% | CN¥290.81 Million | CN¥9.16 Million | CN¥327.26 Million | ▲ +0.8 pp |
| 2017 | 96.0% | CN¥232.58 Million | CN¥9.26 Million | CN¥264.83 Million | — |