Shandong Nanshan Aluminium Co Ltd (600219) — Tangible Net Worth Ratio

Latest as of September 2025: 96.4%

Shandong Nanshan Aluminium Co Ltd (600219) has a Tangible Net Worth Ratio of 96.4% as of September 2025. This metric is calculated by deducting intangible assets (CN¥2.20 Billion) from net assets (CN¥60.42 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 Shandong Nanshan Aluminium Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

96.4%
Tangible equity / total equity

Net Assets (Equity)

CN¥60.42 Billion
CNY

Intangible Assets

CN¥2.20 Billion
Goodwill, patents, brand value

Total Assets

CN¥73.29 Billion
CNY

Shandong Nanshan Aluminium Co Ltd Tangible Net Worth Ratio (1996–2024)

This chart shows how Shandong Nanshan Aluminium 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 96.4%, reflecting net assets of CN¥60.42 Billion with intangible assets of CN¥2.20 Billion CNY. See Shandong Nanshan Aluminium Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shandong Nanshan Aluminium Co Ltd (1996–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shandong Nanshan Aluminium 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 600219 company net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 96.0% CN¥56.22 Billion CN¥2.27 Billion CN¥70.26 Billion ▲ +0.4 pp
2023 95.6% CN¥54.03 Billion CN¥2.38 Billion CN¥68.82 Billion ▲ +0.3 pp
2022 95.3% CN¥50.02 Billion CN¥2.34 Billion CN¥64.73 Billion ▲ +0.3 pp
2021 95.1% CN¥47.52 Billion CN¥2.34 Billion CN¥63.18 Billion ▲ +0.3 pp
2020 94.8% CN¥44.29 Billion CN¥2.32 Billion CN¥56.01 Billion ▲ +0.6 pp
2019 94.2% CN¥41.55 Billion CN¥2.41 Billion CN¥54.76 Billion ▲ +0.1 pp
2018 94.1% CN¥40.26 Billion CN¥2.38 Billion CN¥52.30 Billion ▲ +1.1 pp
2017 93.0% CN¥34.66 Billion CN¥2.43 Billion CN¥46.04 Billion ▼ -0.2 pp
2016 93.2% CN¥33.52 Billion CN¥2.27 Billion CN¥42.69 Billion ▼ -1.0 pp
2015 94.2% CN¥25.51 Billion CN¥1.48 Billion CN¥34.79 Billion ▲ +1.7 pp
2014 92.5% CN¥19.83 Billion CN¥1.49 Billion CN¥31.71 Billion ▲ +0.5 pp
2013 92.0% CN¥18.93 Billion CN¥1.52 Billion CN¥29.43 Billion ▲ +0.5 pp
2012 91.5% CN¥18.22 Billion CN¥1.55 Billion CN¥27.86 Billion ▼ -5.2 pp
2011 96.7% CN¥16.85 Billion CN¥556.33 Million CN¥20.90 Billion ▼ -2.9 pp
2010 99.6% CN¥15.82 Billion CN¥58.15 Million CN¥18.95 Billion ▲ +0.1 pp
2009 99.5% CN¥12.51 Billion CN¥59.37 Million CN¥15.30 Billion ▲ +0.2 pp
2008 99.4% CN¥9.38 Billion CN¥60.58 Million CN¥13.87 Billion ▼ -0.6 pp
2007 100.0% CN¥8.39 Billion CN¥0.00 CN¥10.63 Billion ▲ +0.0 pp
2006 100.0% CN¥2.88 Billion CN¥0.00 CN¥4.09 Billion ▲ +0.0 pp
2005 100.0% CN¥1.84 Billion CN¥0.00 CN¥3.48 Billion ▲ +0.0 pp
2004 100.0% CN¥1.72 Billion CN¥0.00 CN¥3.01 Billion ▲ +0.0 pp
2003 100.0% CN¥1.55 Billion CN¥0.00 CN¥2.07 Billion ▲ +0.0 pp
2002 100.0% CN¥1.38 Billion CN¥0.00 CN¥1.98 Billion ▲ +1.0 pp
2001 99.0% CN¥1.30 Billion CN¥13.25 Million CN¥1.80 Billion ▼ -1.0 pp
2000 100.0% CN¥1.22 Billion CN¥0.00 CN¥1.61 Billion ▲ +0.0 pp
1999 100.0% CN¥1.12 Billion CN¥0.00 CN¥1.57 Billion ▲ +0.0 pp
1998 100.0% CN¥331.03 Million CN¥0.00 CN¥906.83 Million ▲ +0.0 pp
1997 100.0% CN¥384.95 Million CN¥0.00 CN¥692.50 Million ▲ +0.0 pp
1996 100.0% CN¥366.57 Million CN¥0.00 CN¥567.66 Million
pp = percentage points