Hangzhou Wensli Silk Culture Co. Ltd. (301066) — Tangible Net Worth Ratio

Latest as of June 2025: 90.1%

Hangzhou Wensli Silk Culture Co. Ltd. (301066) has a Tangible Net Worth Ratio of 90.1% as of June 2025. This metric is calculated by deducting intangible assets (CN¥67.19 Million) from net assets (CN¥675.93 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 301066 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

90.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥675.93 Million
CNY

Intangible Assets

CN¥67.19 Million
Goodwill, patents, brand value

Total Assets

CN¥1.08 Billion
CNY

Hangzhou Wensli Silk Culture Co. Ltd. Tangible Net Worth Ratio (2019–2024)

This chart shows how Hangzhou Wensli Silk Culture 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 90.1%, reflecting net assets of CN¥675.93 Million with intangible assets of CN¥67.19 Million CNY. See Hangzhou Wensli Silk Culture Co. Ltd. defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Hangzhou Wensli Silk Culture Co. Ltd. (2019–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Hangzhou Wensli Silk Culture 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 301066 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 89.9% CN¥683.98 Million CN¥68.90 Million CN¥1.09 Billion ▲ +0.5 pp
2023 89.5% CN¥653.79 Million CN¥68.86 Million CN¥934.94 Million ▲ +0.6 pp
2022 88.9% CN¥635.68 Million CN¥70.69 Million CN¥827.60 Million ▼ -1.9 pp
2021 90.8% CN¥655.66 Million CN¥60.17 Million CN¥882.04 Million ▼ -6.9 pp
2020 97.8% CN¥492.34 Million CN¥11.03 Million CN¥712.53 Million ▼ -0.1 pp
2019 97.9% CN¥449.64 Million CN¥9.50 Million CN¥705.93 Million
pp = percentage points