Shandong Keyuan Pharmaceutical Co. Ltd. A (301281) — Tangible Net Worth Ratio
Shandong Keyuan Pharmaceutical Co. Ltd. A (301281) has a Tangible Net Worth Ratio of 91.5% as of June 2025. This metric is calculated by deducting intangible assets (CN¥117.17 Million) from net assets (CN¥1.38 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. Also explore 301281 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shandong Keyuan Pharmaceutical Co. Ltd. A Tangible Net Worth Ratio (2021–2024)
This chart shows how Shandong Keyuan Pharmaceutical Co. Ltd. A's Tangible Net Worth Ratio has changed across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 91.5%, reflecting net assets of CN¥1.38 Billion with intangible assets of CN¥117.17 Million CNY. For live market cap and overall valuation, see Shandong Keyuan Pharmaceutical Co. Ltd. market capitalisation.
Annual Tangible Net Worth Ratio for Shandong Keyuan Pharmaceutical Co. Ltd. A (2021–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shandong Keyuan Pharmaceutical Co. Ltd. A from 2021 to 2024, covering 4 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. Explore 301281 capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 92.0% | CN¥1.36 Billion | CN¥108.98 Million | CN¥1.55 Billion | ▼ -4.6 pp |
| 2023 | 96.5% | CN¥1.33 Billion | CN¥46.02 Million | CN¥1.47 Billion | ▲ +6.0 pp |
| 2022 | 90.6% | CN¥519.73 Million | CN¥49.08 Million | CN¥651.79 Million | ▲ +2.6 pp |
| 2021 | 88.0% | CN¥430.98 Million | CN¥51.76 Million | CN¥559.51 Million | — |