Changzhou Xiangming Intelligent Drive System Corporation (301226) — Tangible Net Worth Ratio
Changzhou Xiangming Intelligent Drive System Corporation (301226) has a Tangible Net Worth Ratio of 95.4% as of March 2026. This metric is calculated by deducting intangible assets (CN¥41.71 Million) from net assets (CN¥913.13 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 Changzhou Xiangming Intelligent Drive Sy shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Changzhou Xiangming Intelligent Drive System Corporation Tangible Net Worth Ratio (2019–2025)
This chart shows how Changzhou Xiangming Intelligent Drive System Corporation's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 95.4%, reflecting net assets of CN¥913.13 Million with intangible assets of CN¥41.71 Million CNY. Also explore Changzhou Xiangming Intelligent Drive Sy (301226) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Changzhou Xiangming Intelligent Drive System Corporation (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Changzhou Xiangming Intelligent Drive System Corporation from 2019 to 2025, covering 7 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 market cap of Changzhou Xiangming Intelligent Drive Sy.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.3% | CN¥912.87 Million | CN¥42.94 Million | CN¥1.05 Billion | ▼ -1.0 pp |
| 2024 | 96.3% | CN¥901.50 Million | CN¥33.64 Million | CN¥1.02 Billion | ▼ 0.0 pp |
| 2023 | 96.3% | CN¥904.24 Million | CN¥33.35 Million | CN¥1.05 Billion | ▼ -1.7 pp |
| 2022 | 98.0% | CN¥903.78 Million | CN¥17.91 Million | CN¥1.07 Billion | ▲ +1.8 pp |
| 2021 | 96.2% | CN¥443.99 Million | CN¥17.01 Million | CN¥659.78 Million | ▲ +0.8 pp |
| 2020 | 95.4% | CN¥381.45 Million | CN¥17.60 Million | CN¥539.20 Million | ▲ +0.7 pp |
| 2019 | 94.7% | CN¥346.40 Million | CN¥18.36 Million | CN¥484.40 Million | — |