Sh Belling Tangible Net Worth Ratio
Sh Belling tangible net worth ratio. Sh Belling (600171) has a Tangible Net Worth Ratio of 98.4% as of March 2026. This metric is calculated by deducting intangible assets (CN¥72.53 Million) from net assets (CN¥4.55 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. Check Sh Belling strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Sh Belling (1995–2025)
Tangible net worth ratio of Sh Belling from 1995 to 2025. This chart shows how Sh Belling's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 98.4%, reflecting net assets of CN¥4.55 Billion with intangible assets of CN¥72.53 Million CNY. See Sh Belling current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Sh Belling Tangible Net Worth Ratio by Year (1995–2025)
Sh Belling tangible net worth ratio by year from 1995 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Sh Belling 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 live market cap and overall valuation, see 600171 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.3% | CN¥4.53 Billion | CN¥74.71 Million | CN¥5.33 Billion | ▲ +0.1 pp |
| 2024 | 98.2% | CN¥4.41 Billion | CN¥77.23 Million | CN¥5.28 Billion | ▲ +0.4 pp |
| 2023 | 97.9% | CN¥4.06 Billion | CN¥87.15 Million | CN¥4.87 Billion | ▲ +0.1 pp |
| 2022 | 97.7% | CN¥4.23 Billion | CN¥95.85 Million | CN¥4.98 Billion | ▼ -0.9 pp |
| 2021 | 98.7% | CN¥3.98 Billion | CN¥52.91 Million | CN¥4.66 Billion | ▲ +0.4 pp |
| 2020 | 98.2% | CN¥3.33 Billion | CN¥58.37 Million | CN¥3.88 Billion | ▲ +0.2 pp |
| 2019 | 98.0% | CN¥3.07 Billion | CN¥61.05 Million | CN¥3.39 Billion | ▲ +0.7 pp |
| 2018 | 97.3% | CN¥2.46 Billion | CN¥67.12 Million | CN¥2.71 Billion | ▲ +0.3 pp |
| 2017 | 97.0% | CN¥2.42 Billion | CN¥73.14 Million | CN¥2.75 Billion | ▼ -0.4 pp |
| 2016 | 97.4% | CN¥1.87 Billion | CN¥49.55 Million | CN¥2.11 Billion | ▲ +0.3 pp |
| 2015 | 97.1% | CN¥1.85 Billion | CN¥54.18 Million | CN¥2.07 Billion | ▲ +0.5 pp |
| 2014 | 96.5% | CN¥1.65 Billion | CN¥56.95 Million | CN¥1.86 Billion | ▼ -0.1 pp |
| 2013 | 96.6% | CN¥1.79 Billion | CN¥60.10 Million | CN¥2.11 Billion | ▼ -1.6 pp |
| 2012 | 98.3% | CN¥1.76 Billion | CN¥30.22 Million | CN¥2.07 Billion | ▼ 0.0 pp |
| 2011 | 98.3% | CN¥1.73 Billion | CN¥29.12 Million | CN¥2.00 Billion | ▼ -0.3 pp |
| 2010 | 98.6% | CN¥1.70 Billion | CN¥23.60 Million | CN¥1.93 Billion | ▼ -0.3 pp |
| 2009 | 98.9% | CN¥1.68 Billion | CN¥18.06 Million | CN¥1.84 Billion | ▲ +0.0 pp |
| 2008 | 98.9% | CN¥1.76 Billion | CN¥19.73 Million | CN¥2.01 Billion | ▲ +0.0 pp |
| 2007 | 98.8% | CN¥1.81 Billion | CN¥21.19 Million | CN¥2.06 Billion | ▲ +0.1 pp |
| 2006 | 98.7% | CN¥1.77 Billion | CN¥23.12 Million | CN¥2.03 Billion | ▲ +0.1 pp |
| 2005 | 98.6% | CN¥1.77 Billion | CN¥24.98 Million | CN¥2.04 Billion | ▲ +0.1 pp |
| 2004 | 98.5% | CN¥1.76 Billion | CN¥26.09 Million | CN¥2.09 Billion | ▲ +0.0 pp |
| 2003 | 98.5% | CN¥1.74 Billion | CN¥26.66 Million | CN¥2.06 Billion | ▲ +0.6 pp |
| 2002 | 97.9% | CN¥1.34 Billion | CN¥28.13 Million | CN¥1.60 Billion | ▲ +0.2 pp |
| 2001 | 97.7% | CN¥1.28 Billion | CN¥29.63 Million | CN¥1.54 Billion | ▲ +0.3 pp |
| 2000 | 97.4% | CN¥1.20 Billion | CN¥31.13 Million | CN¥1.46 Billion | ▲ +0.4 pp |
| 1999 | 97.0% | CN¥1.10 Billion | CN¥32.62 Million | CN¥1.27 Billion | ▼ -3.0 pp |
| 1998 | 100.0% | CN¥1.05 Billion | CN¥0.00 | CN¥1.28 Billion | ▲ +0.1 pp |
| 1997 | 99.9% | CN¥214.18 Million | CN¥142.62K | CN¥590.42 Million | ▲ +0.1 pp |
| 1996 | 99.8% | CN¥214.17 Million | CN¥356.55K | CN¥547.60 Million | ▲ +0.1 pp |
| 1995 | 99.7% | CN¥203.68 Million | CN¥570.48K | CN¥494.77 Million | — |