Xining Special Steel Co Ltd (600117) — Tangible Net Worth Ratio

Latest as of March 2026: 89.3%

Xining Special Steel Co Ltd (600117) has a Tangible Net Worth Ratio of 89.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥547.33 Million) from net assets (CN¥5.12 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 Xining Special Steel Co Ltd (600117) net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

89.3%
Tangible equity / total equity

Net Assets (Equity)

CN¥5.12 Billion
CNY

Intangible Assets

CN¥547.33 Million
Goodwill, patents, brand value

Total Assets

CN¥12.59 Billion
CNY

Xining Special Steel Co Ltd Tangible Net Worth Ratio (1994–2025)

This chart shows how Xining Special Steel Co Ltd's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 89.3%, reflecting net assets of CN¥5.12 Billion with intangible assets of CN¥547.33 Million CNY. Also explore 600117 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Xining Special Steel Co Ltd (1994–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Xining Special Steel Co Ltd from 1994 to 2025, covering 32 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 600117 company net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 89.8% CN¥5.42 Billion CN¥553.01 Million CN¥12.33 Billion ▼ -1.4 pp
2024 91.2% CN¥6.53 Billion CN¥575.77 Million CN¥12.37 Billion ▼ -1.0 pp
2023 92.2% CN¥7.69 Billion CN¥598.53 Million CN¥13.99 Billion ▲ +116.9 pp
2022 -24.7% CN¥562.58 Million CN¥701.46 Million CN¥16.79 Billion ▼ -91.4 pp
2021 66.7% CN¥2.19 Billion CN¥727.28 Million CN¥18.52 Billion ▼ -18.3 pp
2020 85.0% CN¥4.95 Billion CN¥742.99 Million CN¥20.49 Billion ▲ +0.3 pp
2019 84.7% CN¥4.89 Billion CN¥746.55 Million CN¥21.01 Billion ▲ +31.1 pp
2018 53.7% CN¥1.66 Billion CN¥770.95 Million CN¥23.52 Billion ▼ -25.1 pp
2017 78.7% CN¥3.71 Billion CN¥788.40 Million CN¥24.29 Billion ▲ +8.3 pp
2016 70.4% CN¥3.59 Billion CN¥1.06 Billion CN¥27.07 Billion ▲ +31.7 pp
2015 38.7% CN¥1.82 Billion CN¥1.11 Billion CN¥25.38 Billion ▼ -28.0 pp
2014 66.7% CN¥3.50 Billion CN¥1.17 Billion CN¥22.69 Billion ▼ -1.5 pp
2013 68.2% CN¥3.59 Billion CN¥1.14 Billion CN¥17.40 Billion ▼ -2.3 pp
2012 70.5% CN¥3.65 Billion CN¥1.08 Billion CN¥14.89 Billion ▲ +0.5 pp
2011 69.9% CN¥3.58 Billion CN¥1.08 Billion CN¥13.41 Billion ▲ +5.2 pp
2010 64.7% CN¥3.11 Billion CN¥1.10 Billion CN¥12.00 Billion ▼ -16.4 pp
2009 81.1% CN¥2.92 Billion CN¥551.20 Million CN¥10.50 Billion ▼ -8.8 pp
2008 89.9% CN¥3.01 Billion CN¥302.95 Million CN¥10.29 Billion ▼ -1.1 pp
2007 91.0% CN¥2.90 Billion CN¥261.19 Million CN¥9.17 Billion ▲ +1.2 pp
2006 89.8% CN¥2.21 Billion CN¥224.87 Million CN¥6.86 Billion ▼ -2.8 pp
2005 92.6% CN¥2.14 Billion CN¥157.73 Million CN¥5.68 Billion ▲ +1.0 pp
2004 91.7% CN¥1.96 Billion CN¥163.62 Million CN¥4.54 Billion ▲ +4.5 pp
2003 87.1% CN¥1.30 Billion CN¥167.57 Million CN¥3.35 Billion ▲ +1.5 pp
2002 85.7% CN¥1.21 Billion CN¥173.47 Million CN¥2.95 Billion ▼ -1.5 pp
2001 87.2% CN¥1.40 Billion CN¥179.36 Million CN¥2.73 Billion ▼ -12.8 pp
2000 100.0% CN¥1.36 Billion CN¥0.00 CN¥2.54 Billion ▲ +0.0 pp
1999 100.0% CN¥1.05 Billion CN¥0.00 CN¥2.08 Billion ▲ +0.0 pp
1998 100.0% CN¥961.30 Million CN¥0.00 CN¥1.98 Billion ▲ +0.0 pp
1997 100.0% CN¥858.95 Million CN¥0.00 CN¥1.66 Billion ▲ +0.0 pp
1996 100.0% CN¥323.25 Million CN¥0.00 CN¥1.06 Billion ▲ +0.0 pp
1995 100.0% CN¥261.80 Million CN¥0.00 CN¥1.01 Billion ▲ +0.0 pp
1994 100.0% CN¥208.16 Million CN¥0.00 CN¥902.34 Million
pp = percentage points