China Northern Rare Earth Group High-Tech Co Ltd (600111) — Tangible Net Worth Ratio
China Northern Rare Earth Group High-Tech Co Ltd (600111) has a Tangible Net Worth Ratio of 96.6% as of September 2025. This metric is calculated by deducting intangible assets (CN¥1.03 Billion) from net assets (CN¥30.15 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 working capital to net assets of China Northern Rare Earth Group High-Tec to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
China Northern Rare Earth Group High-Tech Co Ltd Tangible Net Worth Ratio (1994–2024)
This chart shows how China Northern Rare Earth Group High-Tech Co Ltd's Tangible Net Worth Ratio has changed across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 96.6%, reflecting net assets of CN¥30.15 Billion with intangible assets of CN¥1.03 Billion CNY. See how many days can China Northern Rare Earth Group High-Tec fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for China Northern Rare Earth Group High-Tech Co Ltd (1994–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for China Northern Rare Earth Group High-Tech 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 600111 stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.8% | CN¥28.16 Billion | CN¥622.21 Million | CN¥45.38 Billion | ▼ -0.1 pp |
| 2023 | 97.9% | CN¥26.90 Billion | CN¥568.72 Million | CN¥40.50 Billion | ▲ +0.2 pp |
| 2022 | 97.7% | CN¥25.03 Billion | CN¥582.81 Million | CN¥36.65 Billion | ▲ +1.8 pp |
| 2021 | 95.9% | CN¥19.22 Billion | CN¥789.05 Million | CN¥34.71 Billion | ▲ +1.8 pp |
| 2020 | 94.1% | CN¥13.79 Billion | CN¥817.30 Million | CN¥25.53 Billion | ▲ +0.2 pp |
| 2019 | 93.9% | CN¥12.95 Billion | CN¥795.50 Million | CN¥23.25 Billion | ▼ -0.2 pp |
| 2018 | 94.1% | CN¥12.52 Billion | CN¥741.68 Million | CN¥23.82 Billion | ▼ -0.3 pp |
| 2017 | 94.4% | CN¥10.71 Billion | CN¥600.50 Million | CN¥20.69 Billion | ▼ -0.2 pp |
| 2016 | 94.6% | CN¥9.86 Billion | CN¥533.08 Million | CN¥15.71 Billion | ▲ +0.1 pp |
| 2015 | 94.5% | CN¥9.97 Billion | CN¥549.54 Million | CN¥14.63 Billion | ▼ -0.1 pp |
| 2014 | 94.5% | CN¥10.21 Billion | CN¥557.06 Million | CN¥17.78 Billion | ▲ +0.2 pp |
| 2013 | 94.3% | CN¥10.35 Billion | CN¥588.01 Million | CN¥18.55 Billion | ▲ +0.8 pp |
| 2012 | 93.6% | CN¥10.00 Billion | CN¥643.26 Million | CN¥17.74 Billion | ▼ -0.5 pp |
| 2011 | 94.1% | CN¥9.14 Billion | CN¥538.82 Million | CN¥14.82 Billion | ▲ +6.3 pp |
| 2010 | 87.8% | CN¥4.33 Billion | CN¥529.58 Million | CN¥8.88 Billion | ▼ -3.1 pp |
| 2009 | 90.9% | CN¥2.56 Billion | CN¥233.04 Million | CN¥6.55 Billion | ▲ +0.4 pp |
| 2008 | 90.5% | CN¥2.26 Billion | CN¥215.18 Million | CN¥5.83 Billion | ▼ -3.4 pp |
| 2007 | 93.8% | CN¥1.91 Billion | CN¥117.97 Million | CN¥3.70 Billion | ▼ -0.5 pp |
| 2006 | 94.3% | CN¥1.44 Billion | CN¥81.85 Million | CN¥2.52 Billion | ▲ +3.9 pp |
| 2005 | 90.4% | CN¥1.31 Billion | CN¥126.52 Million | CN¥2.02 Billion | ▲ +0.6 pp |
| 2004 | 89.8% | CN¥1.29 Billion | CN¥131.45 Million | CN¥2.06 Billion | ▲ +0.1 pp |
| 2003 | 89.7% | CN¥1.26 Billion | CN¥129.17 Million | CN¥2.01 Billion | ▲ +1.2 pp |
| 2002 | 88.5% | CN¥1.16 Billion | CN¥133.39 Million | CN¥1.40 Billion | ▼ -0.6 pp |
| 2001 | 89.0% | CN¥1.09 Billion | CN¥119.96 Million | CN¥1.29 Billion | ▼ -1.3 pp |
| 2000 | 90.4% | CN¥1.08 Billion | CN¥103.70 Million | CN¥1.22 Billion | ▼ -9.6 pp |
| 1999 | 100.0% | CN¥663.96 Million | CN¥0.00 | CN¥773.41 Million | ▲ +4.2 pp |
| 1998 | 95.8% | CN¥606.85 Million | CN¥25.46 Million | CN¥709.22 Million | ▼ -4.2 pp |
| 1997 | 100.0% | CN¥592.08 Million | CN¥0.00 | CN¥654.53 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CN¥85.22 Million | CN¥0.00 | CN¥274.82 Million | ▲ +0.0 pp |
| 1995 | 100.0% | CN¥52.98 Million | CN¥0.00 | CN¥227.28 Million | ▲ +0.0 pp |
| 1994 | 100.0% | CN¥43.47 Million | CN¥0.00 | CN¥186.68 Million | — |