Shanghai Zhenhua Heavy Industries Co Ltd A (600320) — Tangible Net Worth Ratio
Shanghai Zhenhua Heavy Industries Co Ltd A (600320) has a Tangible Net Worth Ratio of 77.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥4.38 Billion) from net assets (CN¥19.07 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 Shanghai Zhenhua Heavy Industries Co Ltd (600320) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shanghai Zhenhua Heavy Industries Co Ltd A Tangible Net Worth Ratio (1994–2025)
This chart shows how Shanghai Zhenhua Heavy Industries Co Ltd A's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 77.0%, reflecting net assets of CN¥19.07 Billion with intangible assets of CN¥4.38 Billion CNY. Also explore Shanghai Zhenhua Heavy Industries Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Shanghai Zhenhua Heavy Industries Co Ltd A (1994–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Zhenhua Heavy Industries Co Ltd A from 1994 to 2025, covering 32 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 Shanghai Zhenhua Heavy Industries Co Ltd.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 76.6% | CN¥18.76 Billion | CN¥4.40 Billion | CN¥83.03 Billion | ▲ +0.5 pp |
| 2024 | 76.1% | CN¥18.32 Billion | CN¥4.39 Billion | CN¥85.77 Billion | ▼ -2.3 pp |
| 2023 | 78.3% | CN¥18.87 Billion | CN¥4.09 Billion | CN¥84.86 Billion | ▼ -2.1 pp |
| 2022 | 80.4% | CN¥18.12 Billion | CN¥3.55 Billion | CN¥78.21 Billion | ▼ -0.3 pp |
| 2021 | 80.7% | CN¥17.65 Billion | CN¥3.40 Billion | CN¥78.33 Billion | ▲ +0.3 pp |
| 2020 | 80.4% | CN¥17.08 Billion | CN¥3.35 Billion | CN¥79.32 Billion | ▼ -0.7 pp |
| 2019 | 81.1% | CN¥18.57 Billion | CN¥3.51 Billion | CN¥74.41 Billion | ▲ +1.5 pp |
| 2018 | 79.6% | CN¥17.61 Billion | CN¥3.59 Billion | CN¥70.60 Billion | ▲ +1.5 pp |
| 2017 | 78.1% | CN¥16.83 Billion | CN¥3.68 Billion | CN¥67.52 Billion | ▲ +0.8 pp |
| 2016 | 77.3% | CN¥16.49 Billion | CN¥3.74 Billion | CN¥60.82 Billion | ▲ +1.5 pp |
| 2015 | 75.8% | CN¥15.79 Billion | CN¥3.82 Billion | CN¥59.02 Billion | ▼ -1.6 pp |
| 2014 | 77.4% | CN¥14.96 Billion | CN¥3.38 Billion | CN¥56.15 Billion | ▼ -1.1 pp |
| 2013 | 78.5% | CN¥14.71 Billion | CN¥3.16 Billion | CN¥49.15 Billion | ▼ -7.5 pp |
| 2012 | 86.0% | CN¥14.42 Billion | CN¥2.02 Billion | CN¥46.78 Billion | ▲ +0.5 pp |
| 2011 | 85.5% | CN¥15.50 Billion | CN¥2.25 Billion | CN¥44.06 Billion | ▲ +0.8 pp |
| 2010 | 84.7% | CN¥15.59 Billion | CN¥2.38 Billion | CN¥45.29 Billion | ▼ -1.5 pp |
| 2009 | 86.2% | CN¥16.16 Billion | CN¥2.23 Billion | CN¥51.07 Billion | ▲ +1.3 pp |
| 2008 | 85.0% | CN¥15.78 Billion | CN¥2.37 Billion | CN¥53.58 Billion | ▼ -0.9 pp |
| 2007 | 85.8% | CN¥11.31 Billion | CN¥1.60 Billion | CN¥29.12 Billion | ▼ -13.6 pp |
| 2006 | 99.4% | CN¥6.06 Billion | CN¥34.74 Million | CN¥19.64 Billion | ▲ +0.1 pp |
| 2005 | 99.3% | CN¥4.75 Billion | CN¥32.63 Million | CN¥13.98 Billion | ▲ +0.3 pp |
| 2004 | 99.0% | CN¥3.47 Billion | CN¥35.01 Million | CN¥11.96 Billion | ▲ +0.8 pp |
| 2003 | 98.2% | CN¥2.13 Billion | CN¥37.66 Million | CN¥7.27 Billion | ▲ +0.4 pp |
| 2002 | 97.8% | CN¥1.85 Billion | CN¥40.30 Million | CN¥5.21 Billion | ▲ +1.5 pp |
| 2001 | 96.3% | CN¥1.81 Billion | CN¥66.55 Million | CN¥4.47 Billion | ▲ +0.4 pp |
| 2000 | 95.9% | CN¥1.71 Billion | CN¥69.11 Million | CN¥3.87 Billion | ▲ +4.7 pp |
| 1999 | 91.2% | CN¥827.44 Million | CN¥72.47 Million | CN¥2.28 Billion | ▲ +0.5 pp |
| 1998 | 90.7% | CN¥792.49 Million | CN¥73.65 Million | CN¥1.99 Billion | ▲ +0.7 pp |
| 1997 | 90.0% | CN¥739.13 Million | CN¥73.72 Million | CN¥1.83 Billion | ▲ +11.5 pp |
| 1996 | 78.5% | CN¥357.89 Million | CN¥76.89 Million | CN¥1.17 Billion | ▼ -10.8 pp |
| 1995 | 89.3% | CN¥116.59 Million | CN¥12.42 Million | CN¥863.28 Million | ▼ -3.1 pp |
| 1994 | 92.4% | CN¥78.15 Million | CN¥5.93 Million | CN¥717.82 Million | — |