Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. (301040) — Tangible Net Worth Ratio
Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. (301040) has a Tangible Net Worth Ratio of 93.9% as of June 2025. This metric is calculated by deducting intangible assets (CN¥51.71 Million) from net assets (CN¥843.20 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. See Zhangjiagang Zhonghuan Hailu High-End Eq (301040) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. Tangible Net Worth Ratio (2019–2024)
This chart shows how Zhangjiagang Zhonghuan Hailu High-End Equipment 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 93.9%, reflecting net assets of CN¥843.20 Million with intangible assets of CN¥51.71 Million CNY. See operational self-sufficiency of Zhangjiagang Zhonghuan Hailu High-End Eq to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Zhangjiagang Zhonghuan Hailu High-End Equipment 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. For the full company profile including market capitalisation, see Zhangjiagang Zhonghuan Hailu High-End Eq (301040) total market value.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.1% | CN¥885.69 Million | CN¥52.35 Million | CN¥1.56 Billion | ▼ -0.8 pp |
| 2023 | 94.9% | CN¥1.04 Billion | CN¥53.49 Million | CN¥1.68 Billion | ▼ -0.1 pp |
| 2022 | 94.9% | CN¥1.08 Billion | CN¥54.81 Million | CN¥1.93 Billion | ▲ +0.7 pp |
| 2021 | 94.2% | CN¥966.88 Million | CN¥56.11 Million | CN¥1.43 Billion | ▲ +3.4 pp |
| 2020 | 90.8% | CN¥614.12 Million | CN¥56.69 Million | CN¥1.04 Billion | ▼ -6.2 pp |
| 2019 | 97.0% | CN¥480.22 Million | CN¥14.59 Million | CN¥786.72 Million | — |