Zhejiang Hongchang Electrical Technology Co. Ltd. Tangible Net Worth Ratio
Zhejiang Hongchang Electrical Technology Co. Ltd. tangible net worth ratio. Zhejiang Hongchang Electrical Technology Co. Ltd. (301008) has a Tangible Net Worth Ratio of 95.9% as of September 2025. This metric is calculated by deducting intangible assets (CN¥61.95 Million) from net assets (CN¥1.50 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 301008 net asset quality score 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 Zhejiang Hongchang Electrical Technology Co. Ltd. (2017–2024)
Tangible net worth ratio of Zhejiang Hongchang Electrical Technology Co. Ltd. from 2017 to 2024. This chart shows how Zhejiang Hongchang Electrical Technology 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 95.9%, reflecting net assets of CN¥1.50 Billion with intangible assets of CN¥61.95 Million CNY. See 301008 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Zhejiang Hongchang Electrical Technology Co. Ltd. Tangible Net Worth Ratio by Year (2017–2024)
Zhejiang Hongchang Electrical Technology 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 Zhejiang Hongchang Electrical Technology 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 Zhejiang Hongchang Electrical Technology market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.3% | CN¥1.13 Billion | CN¥64.53 Million | CN¥2.05 Billion | ▼ 0.0 pp |
| 2023 | 94.3% | CN¥1.14 Billion | CN¥64.73 Million | CN¥2.02 Billion | ▲ +0.6 pp |
| 2022 | 93.8% | CN¥1.03 Billion | CN¥64.26 Million | CN¥1.50 Billion | ▼ -2.9 pp |
| 2021 | 96.7% | CN¥959.58 Million | CN¥31.77 Million | CN¥1.38 Billion | ▲ +4.7 pp |
| 2020 | 92.0% | CN¥382.33 Million | CN¥30.48 Million | CN¥691.77 Million | ▲ +1.7 pp |
| 2019 | 90.3% | CN¥315.15 Million | CN¥30.52 Million | CN¥597.17 Million | ▲ +3.1 pp |
| 2018 | 87.2% | CN¥244.63 Million | CN¥31.28 Million | CN¥462.49 Million | ▲ +2.5 pp |
| 2017 | 84.7% | CN¥199.79 Million | CN¥30.58 Million | CN¥469.28 Million | — |