Hubei Sanxia New Building Materials Co Ltd (600293) — Tangible Net Worth Ratio

Latest as of September 2025: 86.4%

Hubei Sanxia New Building Materials Co Ltd (600293) has a Tangible Net Worth Ratio of 86.4% as of September 2025. This metric is calculated by deducting intangible assets (CN¥248.12 Million) from net assets (CN¥1.83 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 working capital position of Hubei Sanxia New Building Materials Co L to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

86.4%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.83 Billion
CNY

Intangible Assets

CN¥248.12 Million
Goodwill, patents, brand value

Total Assets

CN¥3.30 Billion
CNY

Hubei Sanxia New Building Materials Co Ltd Tangible Net Worth Ratio (1997–2024)

This chart shows how Hubei Sanxia New Building Materials Co Ltd's Tangible Net Worth Ratio has changed across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 86.4%, reflecting net assets of CN¥1.83 Billion with intangible assets of CN¥248.12 Million CNY. See Hubei Sanxia New Building Materials Co L (600293) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Hubei Sanxia New Building Materials Co Ltd (1997–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Hubei Sanxia New Building Materials Co Ltd from 1997 to 2024, covering 28 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 market cap of Hubei Sanxia New Building Materials Co L.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 89.5% CN¥1.87 Billion CN¥197.48 Million CN¥3.34 Billion ▲ +0.5 pp
2023 88.9% CN¥1.84 Billion CN¥204.29 Million CN¥3.52 Billion ▼ -1.0 pp
2022 90.0% CN¥1.81 Billion CN¥181.31 Million CN¥3.68 Billion ▼ -5.3 pp
2021 95.3% CN¥2.13 Billion CN¥100.63 Million CN¥3.76 Billion ▲ +7.6 pp
2020 87.7% CN¥2.01 Billion CN¥247.64 Million CN¥4.69 Billion ▼ -1.3 pp
2019 89.0% CN¥4.02 Billion CN¥443.09 Million CN¥6.87 Billion ▲ +0.1 pp
2018 88.9% CN¥3.95 Billion CN¥439.76 Million CN¥7.00 Billion ▲ +0.5 pp
2017 88.3% CN¥3.79 Billion CN¥442.20 Million CN¥7.16 Billion ▲ +1.3 pp
2016 87.1% CN¥3.42 Billion CN¥442.39 Million CN¥6.27 Billion ▲ +0.9 pp
2015 86.2% CN¥684.80 Million CN¥94.60 Million CN¥2.60 Billion ▼ -0.9 pp
2014 87.0% CN¥754.08 Million CN¥97.73 Million CN¥2.57 Billion ▲ +0.6 pp
2013 86.4% CN¥742.76 Million CN¥100.91 Million CN¥2.89 Billion ▼ -1.5 pp
2012 87.9% CN¥718.53 Million CN¥87.01 Million CN¥3.05 Billion ▲ +0.2 pp
2011 87.7% CN¥717.42 Million CN¥88.29 Million CN¥2.52 Billion ▼ -0.4 pp
2010 88.1% CN¥760.96 Million CN¥90.93 Million CN¥2.25 Billion ▼ -2.0 pp
2009 90.0% CN¥706.35 Million CN¥70.32 Million CN¥2.19 Billion ▲ +0.5 pp
2008 89.6% CN¥684.63 Million CN¥71.50 Million CN¥2.03 Billion ▼ -0.9 pp
2007 90.4% CN¥764.27 Million CN¥73.15 Million CN¥1.97 Billion ▼ -7.7 pp
2006 98.1% CN¥757.78 Million CN¥14.41 Million CN¥1.96 Billion ▼ -0.4 pp
2005 98.5% CN¥790.42 Million CN¥11.77 Million CN¥1.64 Billion ▲ +0.1 pp
2004 98.4% CN¥748.44 Million CN¥12.08 Million CN¥1.55 Billion ▲ +0.1 pp
2003 98.3% CN¥730.81 Million CN¥12.38 Million CN¥1.30 Billion ▲ +3.7 pp
2002 94.6% CN¥745.88 Million CN¥40.09 Million CN¥1.14 Billion ▼ -0.8 pp
2001 95.5% CN¥721.11 Million CN¥32.68 Million CN¥1.09 Billion ▼ -1.7 pp
2000 97.1% CN¥765.17 Million CN¥22.01 Million CN¥1.30 Billion ▲ +6.0 pp
1999 91.1% CN¥262.00 Million CN¥23.33 Million CN¥695.89 Million ▼ -3.2 pp
1998 94.3% CN¥246.06 Million CN¥13.92 Million CN¥709.39 Million ▲ +0.3 pp
1997 94.0% CN¥238.72 Million CN¥14.23 Million CN¥684.72 Million
pp = percentage points