Hubei Xingfa Chemicals Group Co Ltd (600141) — Tangible Net Worth Ratio

Latest as of September 2025: 80.2%

Hubei Xingfa Chemicals Group Co Ltd (600141) has a Tangible Net Worth Ratio of 80.2% as of September 2025. This metric is calculated by deducting intangible assets (CN¥4.81 Billion) from net assets (CN¥24.33 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 600141 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

80.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥24.33 Billion
CNY

Intangible Assets

CN¥4.81 Billion
Goodwill, patents, brand value

Total Assets

CN¥51.74 Billion
CNY

Hubei Xingfa Chemicals Group Co Ltd Tangible Net Worth Ratio (1996–2024)

This chart shows how Hubei Xingfa Chemicals Group Co Ltd's Tangible Net Worth Ratio has changed across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 80.2%, reflecting net assets of CN¥24.33 Billion with intangible assets of CN¥4.81 Billion CNY. See defensive interval ratio of Hubei Xingfa Chemicals Group Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Hubei Xingfa Chemicals Group Co Ltd (1996–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Hubei Xingfa Chemicals Group Co Ltd from 1996 to 2024, covering 29 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 Hubei Xingfa Chemicals Group Co Ltd (600141) market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 86.7% CN¥22.88 Billion CN¥3.05 Billion CN¥47.78 Billion ▲ +0.2 pp
2023 86.5% CN¥21.97 Billion CN¥2.97 Billion CN¥44.56 Billion ▼ -2.0 pp
2022 88.5% CN¥21.34 Billion CN¥2.46 Billion CN¥41.61 Billion ▲ +1.9 pp
2021 86.6% CN¥15.59 Billion CN¥2.10 Billion CN¥34.48 Billion ▲ +5.1 pp
2020 81.5% CN¥10.94 Billion CN¥2.03 Billion CN¥30.42 Billion ▲ +3.0 pp
2019 78.5% CN¥9.72 Billion CN¥2.09 Billion CN¥28.94 Billion ▼ -5.0 pp
2018 83.5% CN¥8.46 Billion CN¥1.40 Billion CN¥25.66 Billion ▲ +5.2 pp
2017 78.3% CN¥7.12 Billion CN¥1.55 Billion CN¥21.74 Billion ▲ +8.0 pp
2016 70.3% CN¥6.65 Billion CN¥1.98 Billion CN¥21.38 Billion ▲ +4.0 pp
2015 66.3% CN¥6.04 Billion CN¥2.04 Billion CN¥21.37 Billion ▼ -0.3 pp
2014 66.6% CN¥6.08 Billion CN¥2.03 Billion CN¥19.66 Billion ▲ +0.5 pp
2013 66.2% CN¥4.27 Billion CN¥1.44 Billion CN¥15.05 Billion ▼ -2.6 pp
2012 68.8% CN¥4.55 Billion CN¥1.42 Billion CN¥13.80 Billion ▼ -3.5 pp
2011 72.3% CN¥2.51 Billion CN¥695.63 Million CN¥8.25 Billion ▼ -0.4 pp
2010 72.7% CN¥1.97 Billion CN¥537.42 Million CN¥6.19 Billion ▼ -7.1 pp
2009 79.8% CN¥1.28 Billion CN¥258.94 Million CN¥3.64 Billion ▼ -1.5 pp
2008 81.3% CN¥1.18 Billion CN¥220.48 Million CN¥3.03 Billion ▲ +0.6 pp
2007 80.7% CN¥889.11 Million CN¥171.33 Million CN¥2.82 Billion ▲ +1.9 pp
2006 78.8% CN¥599.01 Million CN¥127.11 Million CN¥2.44 Billion ▼ -5.2 pp
2005 84.0% CN¥538.06 Million CN¥85.98 Million CN¥2.25 Billion ▼ -5.0 pp
2004 89.1% CN¥506.44 Million CN¥55.35 Million CN¥1.89 Billion ▼ -3.1 pp
2003 92.2% CN¥466.15 Million CN¥36.30 Million CN¥1.47 Billion ▼ -4.1 pp
2002 96.3% CN¥418.54 Million CN¥15.56 Million CN¥954.20 Million ▲ +0.4 pp
2001 95.9% CN¥418.14 Million CN¥17.19 Million CN¥714.78 Million ▼ -2.0 pp
2000 97.9% CN¥401.66 Million CN¥8.41 Million CN¥671.31 Million ▲ +0.1 pp
1999 97.8% CN¥391.28 Million CN¥8.60 Million CN¥684.16 Million ▲ +1.9 pp
1998 95.9% CN¥213.94 Million CN¥8.79 Million CN¥352.11 Million ▲ +1.1 pp
1997 94.8% CN¥173.44 Million CN¥8.98 Million CN¥325.22 Million ▲ +1.2 pp
1996 93.6% CN¥109.82 Million CN¥7.03 Million CN¥249.66 Million
pp = percentage points