Kexin Development Co Ltd Shanxi (600234) — Tangible Net Worth Ratio
Kexin Development Co Ltd Shanxi (600234) has a Tangible Net Worth Ratio of 99.7% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.40 Million) from net assets (CN¥478.37 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. Also explore net asset momentum of Kexin Development Co Ltd Shanxi to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Kexin Development Co Ltd Shanxi Tangible Net Worth Ratio (1997–2025)
This chart shows how Kexin Development Co Ltd Shanxi's Tangible Net Worth Ratio has changed across 20 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 99.7%, reflecting net assets of CN¥478.37 Million with intangible assets of CN¥1.40 Million CNY. For live market cap and overall valuation, see Kexin Development Co Ltd Shanxi (600234) total market value.
Annual Tangible Net Worth Ratio for Kexin Development Co Ltd Shanxi (1997–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Kexin Development Co Ltd Shanxi from 1997 to 2025, covering 20 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. Explore capital reinvestment ratio of Kexin Development Co Ltd Shanxi to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.7% | CN¥467.93 Million | CN¥1.49 Million | CN¥802.23 Million | ▲ +0.1 pp |
| 2024 | 99.6% | CN¥488.13 Million | CN¥1.82 Million | CN¥870.92 Million | ▼ -0.3 pp |
| 2023 | 99.9% | CN¥446.45 Million | CN¥227.06K | CN¥666.39 Million | ▼ 0.0 pp |
| 2022 | 100.0% | CN¥617.18 Million | CN¥260.11K | CN¥847.43 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CN¥635.07 Million | CN¥289.04K | CN¥1.05 Billion | ▲ +0.2 pp |
| 2020 | 99.8% | CN¥150.02 Million | CN¥333.84K | CN¥1.05 Billion | ▲ +0.2 pp |
| 2019 | 99.6% | CN¥93.13 Million | CN¥378.63K | CN¥604.98 Million | ▼ -0.1 pp |
| 2018 | 99.7% | CN¥72.79 Million | CN¥213.47K | CN¥505.19 Million | ▼ -0.1 pp |
| 2017 | 99.9% | CN¥88.66 Million | CN¥129.20K | CN¥476.76 Million | ▲ +5.0 pp |
| 2016 | 94.8% | CN¥116.79 Million | CN¥6.03 Million | CN¥498.85 Million | ▲ +3.9 pp |
| 2015 | 91.0% | CN¥68.35 Million | CN¥6.17 Million | CN¥481.57 Million | ▼ -1.6 pp |
| 2014 | 92.6% | CN¥85.22 Million | CN¥6.30 Million | CN¥469.42 Million | ▲ +18.8 pp |
| 2013 | 73.8% | CN¥76.42 Million | CN¥20.02 Million | CN¥442.00 Million | ▼ -33.9 pp |
| 2003 | 107.7% | CN¥159.31 Million | CN¥-12.35 Million | CN¥792.22 Million | ▲ +9.8 pp |
| 2002 | 98.0% | CN¥79.42 Million | CN¥1.63 Million | CN¥583.73 Million | ▼ -1.3 pp |
| 2001 | 99.2% | CN¥220.22 Million | CN¥1.68 Million | CN¥679.36 Million | ▼ -0.2 pp |
| 2000 | 99.4% | CN¥307.11 Million | CN¥1.74 Million | CN¥449.31 Million | ▲ +0.7 pp |
| 1999 | 98.8% | CN¥146.40 Million | CN¥1.79 Million | CN¥335.79 Million | ▲ +0.1 pp |
| 1998 | 98.6% | CN¥135.50 Million | CN¥1.84 Million | CN¥322.81 Million | ▲ +0.0 pp |
| 1997 | 98.6% | CN¥135.65 Million | CN¥1.90 Million | CN¥308.64 Million | — |