HIT Welding Industry Co. Ltd. (301137) — Tangible Net Worth Ratio
HIT Welding Industry Co. Ltd. (301137) has a Tangible Net Worth Ratio of 91.7% as of September 2025. This metric is calculated by deducting intangible assets (CN¥121.31 Million) from net assets (CN¥1.46 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 301137 book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
HIT Welding Industry Co. Ltd. Tangible Net Worth Ratio (2017–2024)
This chart shows how HIT Welding Industry 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 91.7%, reflecting net assets of CN¥1.46 Billion with intangible assets of CN¥121.31 Million CNY. Also explore 301137 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for HIT Welding Industry Co. Ltd. (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for HIT Welding Industry 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 the full company profile including market capitalisation, see HIT Welding Industry Co. Ltd. (301137) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 91.5% | CN¥1.44 Billion | CN¥122.96 Million | CN¥2.40 Billion | ▼ -1.4 pp |
| 2023 | 92.8% | CN¥1.34 Billion | CN¥95.81 Million | CN¥2.07 Billion | ▲ +0.5 pp |
| 2022 | 92.3% | CN¥1.30 Billion | CN¥99.31 Million | CN¥2.03 Billion | ▲ +9.8 pp |
| 2021 | 82.5% | CN¥623.29 Million | CN¥108.85 Million | CN¥1.48 Billion | ▲ +3.3 pp |
| 2020 | 79.3% | CN¥543.92 Million | CN¥112.70 Million | CN¥1.36 Billion | ▼ -13.3 pp |
| 2019 | 92.6% | CN¥546.77 Million | CN¥40.39 Million | CN¥1.05 Billion | ▼ -0.2 pp |
| 2018 | 92.8% | CN¥509.99 Million | CN¥36.59 Million | CN¥945.29 Million | ▲ +1.3 pp |
| 2017 | 91.6% | CN¥458.99 Million | CN¥38.68 Million | CN¥861.36 Million | — |