Phenix Optical Co Ltd (600071) — Tangible Net Worth Ratio

Latest as of March 2026: 97.1%

Phenix Optical Co Ltd (600071) has a Tangible Net Worth Ratio of 97.1% as of March 2026. This metric is calculated by deducting intangible assets (CN¥16.26 Million) from net assets (CN¥562.41 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 Phenix Optical Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

97.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥562.41 Million
CNY

Intangible Assets

CN¥16.26 Million
Goodwill, patents, brand value

Total Assets

CN¥1.97 Billion
CNY

Phenix Optical Co Ltd Tangible Net Worth Ratio (1994–2024)

This chart shows how Phenix Optical Co Ltd's Tangible Net Worth Ratio has changed across 31 annual periods from 1994 to 2024. As of March 2026, the ratio stands at 97.1%, reflecting net assets of CN¥562.41 Million with intangible assets of CN¥16.26 Million CNY. See defensive interval ratio of Phenix Optical Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Phenix Optical Co Ltd (1994–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Phenix Optical Co Ltd from 1994 to 2024, covering 31 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 600071 company net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 96.7% CN¥553.93 Million CN¥18.01 Million CN¥1.88 Billion ▲ +1.4 pp
2023 95.4% CN¥518.87 Million CN¥23.88 Million CN¥1.95 Billion ▼ -1.2 pp
2022 96.6% CN¥614.21 Million CN¥20.70 Million CN¥2.09 Billion ▼ -0.4 pp
2021 97.0% CN¥608.17 Million CN¥18.00 Million CN¥1.85 Billion ▼ -0.3 pp
2020 97.3% CN¥595.03 Million CN¥16.07 Million CN¥1.69 Billion ▲ +0.2 pp
2019 97.1% CN¥573.71 Million CN¥16.88 Million CN¥1.50 Billion ▲ +0.5 pp
2018 96.5% CN¥504.47 Million CN¥17.43 Million CN¥992.49 Million ▼ -0.1 pp
2017 96.6% CN¥484.01 Million CN¥16.35 Million CN¥931.75 Million ▲ +0.2 pp
2016 96.4% CN¥491.75 Million CN¥17.78 Million CN¥960.35 Million ▼ -0.7 pp
2015 97.1% CN¥625.77 Million CN¥18.24 Million CN¥1.09 Billion ▲ +2.1 pp
2014 95.0% CN¥629.91 Million CN¥31.55 Million CN¥1.07 Billion ▼ -1.5 pp
2013 96.5% CN¥746.97 Million CN¥26.00 Million CN¥932.34 Million ▼ -0.1 pp
2012 96.6% CN¥791.05 Million CN¥26.87 Million CN¥1.01 Billion ▲ +0.0 pp
2011 96.6% CN¥809.92 Million CN¥27.81 Million CN¥1.15 Billion ▼ -1.8 pp
2010 98.4% CN¥798.94 Million CN¥12.92 Million CN¥1.12 Billion ▲ +0.1 pp
2009 98.2% CN¥764.82 Million CN¥13.44 Million CN¥1.15 Billion ▲ +0.2 pp
2008 98.1% CN¥730.31 Million CN¥14.12 Million CN¥1.09 Billion ▲ +0.2 pp
2007 97.9% CN¥707.09 Million CN¥14.83 Million CN¥1.12 Billion ▼ -0.2 pp
2006 98.1% CN¥643.58 Million CN¥12.33 Million CN¥990.54 Million ▲ +0.3 pp
2005 97.8% CN¥611.75 Million CN¥13.33 Million CN¥973.14 Million ▼ -0.4 pp
2004 98.2% CN¥552.73 Million CN¥9.95 Million CN¥929.44 Million ▼ -0.5 pp
2003 98.7% CN¥506.52 Million CN¥6.52 Million CN¥848.80 Million ▼ -0.5 pp
2002 99.2% CN¥472.79 Million CN¥3.74 Million CN¥673.39 Million ▲ +0.1 pp
2001 99.1% CN¥430.06 Million CN¥4.04 Million CN¥661.00 Million ▼ -0.1 pp
2000 99.2% CN¥388.11 Million CN¥3.28 Million CN¥563.89 Million ▼ -0.5 pp
1999 99.7% CN¥346.93 Million CN¥1.08 Million CN¥465.47 Million ▼ -0.3 pp
1998 100.0% CN¥221.34 Million CN¥0.00 CN¥286.20 Million ▲ +0.0 pp
1997 100.0% CN¥196.32 Million CN¥0.00 CN¥293.96 Million ▲ +0.0 pp
1996 100.0% CN¥51.21 Million CN¥0.00 CN¥132.17 Million ▲ +0.0 pp
1995 100.0% CN¥31.21 Million CN¥0.00 CN¥109.76 Million ▲ +0.0 pp
1994 100.0% CN¥27.64 Million CN¥0.00 CN¥84.75 Million
pp = percentage points