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 September 2025. This metric is calculated by deducting intangible assets (CN¥1.57 Million) from net assets (CN¥519.56 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 600234 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Kexin Development Co Ltd Shanxi Tangible Net Worth Ratio (1997–2024)
This chart shows how Kexin Development Co Ltd Shanxi's Tangible Net Worth Ratio has changed across 19 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 99.7%, reflecting net assets of CN¥519.56 Million with intangible assets of CN¥1.57 Million CNY. See 600234 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Kexin Development Co Ltd Shanxi (1997–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Kexin Development Co Ltd Shanxi from 1997 to 2024, covering 19 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 Kexin Development Co Ltd Shanxi worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (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 | — |