Hainan Yedao Group Co Ltd (600238) — Tangible Net Worth Ratio

Latest as of June 2025: 86.2%

Hainan Yedao Group Co Ltd (600238) has a Tangible Net Worth Ratio of 86.2% as of June 2025. This metric is calculated by deducting intangible assets (CN¥16.85 Million) from net assets (CN¥122.33 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 600238 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

86.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥122.33 Million
CNY

Intangible Assets

CN¥16.85 Million
Goodwill, patents, brand value

Total Assets

CN¥865.03 Million
CNY

Hainan Yedao Group Co Ltd Tangible Net Worth Ratio (2000–2024)

This chart shows how Hainan Yedao Group Co Ltd's Tangible Net Worth Ratio has changed across 25 annual periods from 2000 to 2024. As of June 2025, the ratio stands at 86.2%, reflecting net assets of CN¥122.33 Million with intangible assets of CN¥16.85 Million CNY. See Hainan Yedao Group Co Ltd (600238) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Hainan Yedao Group Co Ltd (2000–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Hainan Yedao Group Co Ltd from 2000 to 2024, covering 25 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 600238 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 87.5% CN¥138.78 Million CN¥17.28 Million CN¥886.39 Million ▼ -5.4 pp
2023 93.0% CN¥276.51 Million CN¥19.45 Million CN¥1.04 Billion ▼ -2.0 pp
2022 95.0% CN¥412.68 Million CN¥20.66 Million CN¥1.18 Billion ▲ +8.8 pp
2021 86.2% CN¥526.85 Million CN¥72.83 Million CN¥1.28 Billion ▼ -9.2 pp
2020 95.4% CN¥562.11 Million CN¥25.93 Million CN¥1.18 Billion ▲ +0.4 pp
2019 95.0% CN¥533.77 Million CN¥26.77 Million CN¥1.18 Billion ▼ -1.5 pp
2018 96.5% CN¥799.09 Million CN¥28.18 Million CN¥1.46 Billion ▲ +0.4 pp
2017 96.1% CN¥758.78 Million CN¥29.67 Million CN¥1.93 Billion ▲ +10.1 pp
2016 86.0% CN¥864.73 Million CN¥120.75 Million CN¥1.74 Billion ▲ +2.5 pp
2015 83.5% CN¥900.48 Million CN¥148.32 Million CN¥1.33 Billion ▼ -0.5 pp
2014 84.1% CN¥887.33 Million CN¥141.41 Million CN¥1.42 Billion ▼ -0.4 pp
2013 84.5% CN¥889.75 Million CN¥138.24 Million CN¥1.42 Billion ▲ +8.2 pp
2012 76.3% CN¥822.41 Million CN¥195.08 Million CN¥1.67 Billion ▼ -2.0 pp
2011 78.3% CN¥656.01 Million CN¥142.36 Million CN¥1.40 Billion ▼ -8.7 pp
2010 87.0% CN¥734.00 Million CN¥95.51 Million CN¥1.30 Billion ▲ +3.3 pp
2009 83.7% CN¥630.09 Million CN¥102.74 Million CN¥1.33 Billion ▼ -12.6 pp
2008 96.3% CN¥420.56 Million CN¥15.51 Million CN¥1.03 Billion ▼ -3.7 pp
2007 100.0% CN¥587.69 Million CN¥42.00K CN¥1.06 Billion ▲ +0.0 pp
2006 100.0% CN¥542.71 Million CN¥100.00K CN¥972.71 Million ▲ +0.0 pp
2005 100.0% CN¥523.91 Million CN¥153.00K CN¥1.02 Billion ▲ +8.5 pp
2004 91.5% CN¥534.98 Million CN¥45.64 Million CN¥1.23 Billion ▲ +2.6 pp
2003 88.9% CN¥521.71 Million CN¥58.09 Million CN¥1.14 Billion ▲ +1.4 pp
2002 87.5% CN¥475.73 Million CN¥59.63 Million CN¥989.97 Million ▼ -0.4 pp
2001 87.8% CN¥425.54 Million CN¥51.75 Million CN¥707.61 Million ▼ -0.6 pp
2000 88.4% CN¥378.17 Million CN¥43.69 Million CN¥595.02 Million
pp = percentage points