Ningxia Xinri Hengli Steel Wire Rope Co Ltd (600165) — Tangible Net Worth Ratio
Ningxia Xinri Hengli Steel Wire Rope Co Ltd (600165) has a Tangible Net Worth Ratio of -29.7% as of June 2025. This metric is calculated by deducting intangible assets (CN¥65.63 Million) from net assets (CN¥50.60 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 working capital position of Ningxia Xinri Hengli Steel Wire Rope Co to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ningxia Xinri Hengli Steel Wire Rope Co Ltd Tangible Net Worth Ratio (1995–2024)
This chart shows how Ningxia Xinri Hengli Steel Wire Rope Co Ltd's Tangible Net Worth Ratio has changed across 30 annual periods from 1995 to 2024. As of June 2025, the ratio stands at -29.7%, reflecting net assets of CN¥50.60 Million with intangible assets of CN¥65.63 Million CNY. See Ningxia Xinri Hengli Steel Wire Rope Co defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Ningxia Xinri Hengli Steel Wire Rope Co Ltd (1995–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Ningxia Xinri Hengli Steel Wire Rope Co Ltd from 1995 to 2024, covering 30 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 how much is Ningxia Xinri Hengli Steel Wire Rope Co worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 72.0% | CN¥240.17 Million | CN¥67.14 Million | CN¥2.17 Billion | ▼ -8.5 pp |
| 2023 | 80.5% | CN¥381.99 Million | CN¥74.31 Million | CN¥2.96 Billion | ▼ -10.6 pp |
| 2022 | 91.1% | CN¥894.08 Million | CN¥79.30 Million | CN¥3.28 Billion | ▼ -4.6 pp |
| 2021 | 95.7% | CN¥1.22 Billion | CN¥52.53 Million | CN¥3.47 Billion | ▼ -0.1 pp |
| 2020 | 95.8% | CN¥1.27 Billion | CN¥53.82 Million | CN¥3.33 Billion | ▲ +0.9 pp |
| 2019 | 94.9% | CN¥925.11 Million | CN¥47.05 Million | CN¥2.25 Billion | ▼ -0.3 pp |
| 2018 | 95.2% | CN¥993.20 Million | CN¥47.78 Million | CN¥2.18 Billion | ▼ -4.2 pp |
| 2017 | 99.4% | CN¥1.02 Billion | CN¥5.84 Million | CN¥2.30 Billion | ▲ +13.3 pp |
| 2016 | 86.1% | CN¥902.66 Million | CN¥125.45 Million | CN¥3.35 Billion | ▼ -0.2 pp |
| 2015 | 86.3% | CN¥1.03 Billion | CN¥141.02 Million | CN¥3.92 Billion | ▼ -6.3 pp |
| 2014 | 92.7% | CN¥924.33 Million | CN¥67.63 Million | CN¥2.40 Billion | ▼ -0.3 pp |
| 2013 | 92.9% | CN¥1.09 Billion | CN¥76.77 Million | CN¥2.56 Billion | ▼ -2.8 pp |
| 2012 | 95.8% | CN¥1.09 Billion | CN¥45.86 Million | CN¥2.54 Billion | ▲ +1.8 pp |
| 2011 | 94.0% | CN¥1.05 Billion | CN¥62.69 Million | CN¥2.00 Billion | ▲ +7.5 pp |
| 2010 | 86.5% | CN¥494.44 Million | CN¥66.78 Million | CN¥1.81 Billion | ▼ -0.8 pp |
| 2009 | 87.3% | CN¥498.70 Million | CN¥63.27 Million | CN¥1.59 Billion | ▲ +1.0 pp |
| 2008 | 86.3% | CN¥497.24 Million | CN¥68.20 Million | CN¥1.47 Billion | ▼ -4.2 pp |
| 2007 | 90.5% | CN¥488.25 Million | CN¥46.54 Million | CN¥1.32 Billion | ▲ +0.5 pp |
| 2006 | 90.0% | CN¥479.55 Million | CN¥48.19 Million | CN¥1.21 Billion | ▼ -8.7 pp |
| 2005 | 98.6% | CN¥698.16 Million | CN¥9.74 Million | CN¥1.42 Billion | ▲ +0.1 pp |
| 2004 | 98.5% | CN¥694.13 Million | CN¥10.31 Million | CN¥1.38 Billion | ▼ -0.6 pp |
| 2003 | 99.2% | CN¥690.31 Million | CN¥5.84 Million | CN¥1.33 Billion | ▼ -0.5 pp |
| 2002 | 99.7% | CN¥704.27 Million | CN¥2.18 Million | CN¥1.24 Billion | ▲ +0.0 pp |
| 2001 | 99.7% | CN¥684.32 Million | CN¥2.33 Million | CN¥1.12 Billion | ▲ +0.1 pp |
| 2000 | 99.6% | CN¥439.68 Million | CN¥1.90 Million | CN¥778.59 Million | ▼ -0.4 pp |
| 1999 | 100.0% | CN¥415.27 Million | CN¥0.00 | CN¥635.63 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CN¥380.42 Million | CN¥0.00 | CN¥510.34 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CN¥113.29 Million | CN¥0.00 | CN¥266.03 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CN¥112.03 Million | CN¥0.00 | CN¥241.15 Million | ▲ +0.0 pp |
| 1995 | 100.0% | CN¥105.94 Million | CN¥0.00 | CN¥211.60 Million | — |