Zhejiang Provincial New Energy Investment Group Co Ltd Tangible Net Worth Ratio

Latest as of September 2025: 98.0%

Zhejiang Provincial New Energy Investment Group Co Ltd tangible net worth ratio. Zhejiang Provincial New Energy Investment Group Co Ltd (600032) has a Tangible Net Worth Ratio of 98.0% as of September 2025. This metric is calculated by deducting intangible assets (CN¥396.21 Million) from net assets (CN¥19.69 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 net asset quality index of Zhejiang Provincial New Energy Investmen to measure how much of total assets are equity-financed.

Tangible NW Ratio

98.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥19.69 Billion
CNY

Intangible Assets

CN¥396.21 Million
Goodwill, patents, brand value

Total Assets

CN¥59.85 Billion
CNY

Tangible Net Worth Ratio of Zhejiang Provincial New Energy Investment Group Co Ltd (2016–2024)

Tangible net worth ratio of Zhejiang Provincial New Energy Investment Group Co Ltd from 2016 to 2024. This chart shows how Zhejiang Provincial New Energy Investment Group Co Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 98.0%, reflecting net assets of CN¥19.69 Billion with intangible assets of CN¥396.21 Million CNY. See Zhejiang Provincial New Energy Investmen current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Zhejiang Provincial New Energy Investment Group Co Ltd Tangible Net Worth Ratio by Year (2016–2024)

Zhejiang Provincial New Energy Investment Group Co Ltd tangible net worth ratio by year from 2016 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Zhejiang Provincial New Energy Investment Group Co Ltd from 2016 to 2024, covering 9 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 market cap of Zhejiang Provincial New Energy Investmen.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 97.8% CN¥18.79 Billion CN¥405.85 Million CN¥58.90 Billion ▼ 0.0 pp
2023 97.9% CN¥18.28 Billion CN¥387.80 Million CN¥52.93 Billion ▲ +0.5 pp
2022 97.4% CN¥14.30 Billion CN¥369.55 Million CN¥46.64 Billion ▼ -0.4 pp
2021 97.8% CN¥11.93 Billion CN¥264.49 Million CN¥41.28 Billion ▲ +0.3 pp
2020 97.5% CN¥10.12 Billion CN¥255.55 Million CN¥29.77 Billion ▲ +0.2 pp
2019 97.3% CN¥9.71 Billion CN¥260.98 Million CN¥24.19 Billion ▼ -0.1 pp
2018 97.4% CN¥7.47 Billion CN¥194.04 Million CN¥17.27 Billion ▼ -1.3 pp
2017 98.7% CN¥4.66 Billion CN¥60.26 Million CN¥8.43 Billion ▲ +0.1 pp
2016 98.6% CN¥4.56 Billion CN¥63.75 Million CN¥7.98 Billion —
pp = percentage points