Xinke Material (600255) — Tangible Net Worth Ratio

Latest as of March 2026: 97.0%

Xinke Material (600255) has a Tangible Net Worth Ratio of 97.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥55.80 Million) from net assets (CN¥1.85 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 600255 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

97.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.85 Billion
CNY

Intangible Assets

CN¥55.80 Million
Goodwill, patents, brand value

Total Assets

CN¥4.44 Billion
CNY

Xinke Material Tangible Net Worth Ratio (1997–2025)

This chart shows how Xinke Material's Tangible Net Worth Ratio has changed across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 97.0%, reflecting net assets of CN¥1.85 Billion with intangible assets of CN¥55.80 Million CNY. See operational self-sufficiency of Xinke Material to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Xinke Material (1997–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Xinke Material from 1997 to 2025, 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 600255 market cap.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 96.9% CN¥1.82 Billion CN¥56.23 Million CN¥4.47 Billion ▲ +0.1 pp
2024 96.8% CN¥1.81 Billion CN¥58.19 Million CN¥4.21 Billion ▲ +1.7 pp
2023 95.1% CN¥1.71 Billion CN¥84.44 Million CN¥3.85 Billion ▲ +0.1 pp
2022 95.0% CN¥1.74 Billion CN¥86.88 Million CN¥3.86 Billion ▼ -1.2 pp
2021 96.2% CN¥1.52 Billion CN¥57.07 Million CN¥3.37 Billion ▼ -1.2 pp
2020 97.4% CN¥1.42 Billion CN¥36.38 Million CN¥3.13 Billion ▲ +1.1 pp
2019 96.4% CN¥1.18 Billion CN¥42.90 Million CN¥2.91 Billion ▼ -1.8 pp
2018 98.2% CN¥2.44 Billion CN¥44.26 Million CN¥4.46 Billion ▼ -0.6 pp
2017 98.8% CN¥3.65 Billion CN¥44.33 Million CN¥5.89 Billion ▲ +0.1 pp
2016 98.7% CN¥3.42 Billion CN¥45.53 Million CN¥4.96 Billion ▲ +0.1 pp
2015 98.6% CN¥3.33 Billion CN¥46.72 Million CN¥4.96 Billion ▲ +0.9 pp
2014 97.7% CN¥2.09 Billion CN¥47.90 Million CN¥3.48 Billion ▼ -0.1 pp
2013 97.8% CN¥2.07 Billion CN¥44.97 Million CN¥3.31 Billion ▲ +0.5 pp
2012 97.3% CN¥1.26 Billion CN¥33.44 Million CN¥2.40 Billion ▲ +0.1 pp
2011 97.2% CN¥1.25 Billion CN¥34.65 Million CN¥2.49 Billion ▼ -0.6 pp
2010 97.8% CN¥1.19 Billion CN¥26.31 Million CN¥2.06 Billion ▲ +0.1 pp
2009 97.7% CN¥1.16 Billion CN¥26.95 Million CN¥2.13 Billion ▲ +0.3 pp
2008 97.3% CN¥1.05 Billion CN¥28.01 Million CN¥1.91 Billion ▲ +2.0 pp
2007 95.4% CN¥637.24 Million CN¥29.51 Million CN¥1.65 Billion ▲ +0.5 pp
2006 94.9% CN¥569.24 Million CN¥29.07 Million CN¥1.40 Billion ▲ +0.1 pp
2005 94.8% CN¥525.22 Million CN¥27.15 Million CN¥1.14 Billion ▲ +0.5 pp
2004 94.3% CN¥507.17 Million CN¥28.90 Million CN¥1.25 Billion ▲ +0.3 pp
2003 94.0% CN¥495.59 Million CN¥29.51 Million CN¥964.13 Million ▼ -4.6 pp
2002 98.6% CN¥483.34 Million CN¥6.77 Million CN¥765.16 Million ▲ +0.2 pp
2001 98.4% CN¥477.64 Million CN¥7.69 Million CN¥679.96 Million ▲ +0.3 pp
2000 98.1% CN¥457.10 Million CN¥8.88 Million CN¥672.81 Million ▲ +4.9 pp
1999 93.1% CN¥105.43 Million CN¥7.24 Million CN¥282.75 Million ▲ +1.2 pp
1998 92.0% CN¥100.57 Million CN¥8.07 Million CN¥231.31 Million ▼ -7.9 pp
1997 99.8% CN¥68.89 Million CN¥120.00K CN¥222.78 Million
pp = percentage points