Wintime Energy Co Ltd (600157) — Tangible Net Worth Ratio

Latest as of March 2026: -5.5%

Wintime Energy Co Ltd (600157) has a Tangible Net Worth Ratio of -5.5% as of March 2026. This metric is calculated by deducting intangible assets (CN¥57.38 Billion) from net assets (CN¥54.36 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 600157 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-5.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥54.36 Billion
CNY

Intangible Assets

CN¥57.38 Billion
Goodwill, patents, brand value

Total Assets

CN¥110.73 Billion
CNY

Wintime Energy Co Ltd Tangible Net Worth Ratio (1995–2025)

This chart shows how Wintime Energy Co Ltd's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at -5.5%, reflecting net assets of CN¥54.36 Billion with intangible assets of CN¥57.38 Billion CNY. See 600157 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Wintime Energy Co Ltd (1995–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Wintime Energy Co Ltd from 1995 to 2025, 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 Wintime Energy Co Ltd stock valuation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 98.4% CN¥54.24 Billion CN¥840.94 Million CN¥111.15 Billion ▲ +100.5 pp
2024 -2.1% CN¥52.03 Billion CN¥53.12 Billion CN¥107.78 Billion ▼ -100.7 pp
2023 98.6% CN¥51.21 Billion CN¥697.77 Million CN¥107.08 Billion ▲ +105.1 pp
2022 -6.5% CN¥47.58 Billion CN¥50.65 Billion CN¥103.86 Billion ▲ +1.3 pp
2021 -7.8% CN¥46.10 Billion CN¥49.69 Billion CN¥104.31 Billion ▲ +2.5 pp
2020 -10.2% CN¥45.45 Billion CN¥50.11 Billion CN¥104.13 Billion ▲ +66.9 pp
2019 -77.2% CN¥28.68 Billion CN¥50.80 Billion CN¥106.49 Billion ▲ +2.4 pp
2018 -79.5% CN¥28.45 Billion CN¥51.08 Billion CN¥106.53 Billion ▼ -30.2 pp
2017 -49.4% CN¥28.79 Billion CN¥43.00 Billion CN¥107.17 Billion ▼ -0.2 pp
2016 -49.2% CN¥29.13 Billion CN¥43.45 Billion CN¥98.11 Billion ▼ -6.2 pp
2015 -43.0% CN¥25.98 Billion CN¥37.14 Billion CN¥87.56 Billion ▲ +66.7 pp
2014 -109.6% CN¥13.65 Billion CN¥28.62 Billion CN¥52.11 Billion ▼ -24.0 pp
2013 -85.6% CN¥13.42 Billion CN¥24.91 Billion CN¥47.61 Billion ▼ -64.6 pp
2012 -21.0% CN¥17.11 Billion CN¥20.70 Billion CN¥42.57 Billion ▼ -3.7 pp
2011 -17.3% CN¥3.70 Billion CN¥4.34 Billion CN¥14.65 Billion ▲ +49.7 pp
2010 -67.0% CN¥788.31 Million CN¥1.32 Billion CN¥4.06 Billion ▼ -61.0 pp
2009 -6.0% CN¥598.88 Million CN¥634.78 Million CN¥1.95 Billion ▼ -93.2 pp
2008 87.2% CN¥353.78 Million CN¥45.16 Million CN¥1.05 Billion ▼ -12.1 pp
2007 99.4% CN¥394.43 Million CN¥2.43 Million CN¥832.00 Million ▲ +0.5 pp
2006 98.9% CN¥339.87 Million CN¥3.66 Million CN¥865.55 Million ▼ -0.2 pp
2005 99.1% CN¥366.11 Million CN¥3.31 Million CN¥900.91 Million ▲ +0.2 pp
2004 98.9% CN¥335.85 Million CN¥3.57 Million CN¥876.98 Million ▲ +0.4 pp
2003 98.5% CN¥372.69 Million CN¥5.55 Million CN¥1.23 Billion ▲ +0.1 pp
2002 98.4% CN¥362.48 Million CN¥5.84 Million CN¥919.06 Million ▲ +0.1 pp
2001 98.3% CN¥357.02 Million CN¥6.14 Million CN¥789.04 Million ▲ +0.5 pp
2000 97.8% CN¥286.35 Million CN¥6.28 Million CN¥737.50 Million ▼ 0.0 pp
1999 97.8% CN¥244.02 Million CN¥5.34 Million CN¥644.33 Million ▲ +0.9 pp
1998 96.9% CN¥169.66 Million CN¥5.30 Million CN¥432.29 Million ▲ +40.3 pp
1997 56.6% CN¥112.01 Million CN¥48.59 Million CN¥281.47 Million ▲ +11.0 pp
1996 45.6% CN¥91.27 Million CN¥49.61 Million CN¥234.81 Million ▲ +13.2 pp
1995 32.4% CN¥74.39 Million CN¥50.26 Million CN¥232.50 Million
pp = percentage points