Guangdong Mingyang Electric Co. Ltd. A Tangible Net Worth Ratio
Guangdong Mingyang Electric Co. Ltd. A tangible net worth ratio. Guangdong Mingyang Electric Co. Ltd. A (301291) has a Tangible Net Worth Ratio of 94.5% as of June 2026. This metric is calculated by deducting intangible assets (CN¥288.50 Million) from net assets (CN¥5.23 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 Guangdong Mingyang Electric Co. Ltd. A (301291) net asset quality to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Guangdong Mingyang Electric Co. Ltd. A (2021–2025)
Tangible net worth ratio of Guangdong Mingyang Electric Co. Ltd. A from 2021 to 2025. This chart shows how Guangdong Mingyang Electric Co. Ltd. A's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at 94.5%, reflecting net assets of CN¥5.23 Billion with intangible assets of CN¥288.50 Million CNY. See working capital to net assets of Guangdong Mingyang Electric Co. Ltd. A to evaluate short-term liquidity relative to the company's equity base.
Guangdong Mingyang Electric Co. Ltd. A Tangible Net Worth Ratio by Year (2021–2025)
Guangdong Mingyang Electric Co. Ltd. A tangible net worth ratio by year from 2021 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Guangdong Mingyang Electric Co. Ltd. A from 2021 to 2025, covering 5 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 live market cap and overall valuation, see Guangdong Mingyang Electric Co. Ltd. A market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.2% | CN¥5.04 Billion | CN¥292.30 Million | CN¥9.44 Billion | ▼ -2.4 pp |
| 2024 | 96.6% | CN¥4.67 Billion | CN¥160.79 Million | CN¥9.34 Billion | ▼ -0.4 pp |
| 2023 | 96.9% | CN¥4.22 Billion | CN¥129.60 Million | CN¥7.86 Billion | ▲ +6.9 pp |
| 2022 | 90.0% | CN¥970.80 Million | CN¥97.22 Million | CN¥3.80 Billion | ▲ +4.2 pp |
| 2021 | 85.8% | CN¥702.26 Million | CN¥99.64 Million | CN¥2.64 Billion | — |