Joincare Pharmaceutical Group Industry Co Ltd (600380) — Tangible Net Worth Ratio

Latest as of March 2026: 95.0%

Joincare Pharmaceutical Group Industry Co Ltd (600380) has a Tangible Net Worth Ratio of 95.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.23 Billion) from net assets (CN¥24.53 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 600380 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥24.53 Billion
CNY

Intangible Assets

CN¥1.23 Billion
Goodwill, patents, brand value

Total Assets

CN¥35.48 Billion
CNY

Joincare Pharmaceutical Group Industry Co Ltd Tangible Net Worth Ratio (1997–2025)

This chart shows how Joincare Pharmaceutical Group Industry Co Ltd's Tangible Net Worth Ratio has changed across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 95.0%, reflecting net assets of CN¥24.53 Billion with intangible assets of CN¥1.23 Billion CNY. See operational self-sufficiency of Joincare Pharmaceutical Group Industry C to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Joincare Pharmaceutical Group Industry Co Ltd (1997–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Joincare Pharmaceutical Group Industry Co Ltd 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 Joincare Pharmaceutical Group Industry C market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 94.9% CN¥24.37 Billion CN¥1.25 Billion CN¥35.41 Billion ▼ -0.6 pp
2024 95.5% CN¥23.40 Billion CN¥1.05 Billion CN¥35.72 Billion ▲ +0.7 pp
2023 94.8% CN¥22.64 Billion CN¥1.17 Billion CN¥36.36 Billion ▲ +0.4 pp
2022 94.4% CN¥22.02 Billion CN¥1.23 Billion CN¥35.73 Billion ▲ +0.6 pp
2021 93.8% CN¥20.18 Billion CN¥1.24 Billion CN¥31.10 Billion ▼ -1.7 pp
2020 95.5% CN¥19.24 Billion CN¥867.21 Million CN¥28.16 Billion ▼ -0.6 pp
2019 96.0% CN¥17.38 Billion CN¥687.31 Million CN¥25.44 Billion ▼ -0.3 pp
2018 96.4% CN¥16.30 Billion CN¥588.24 Million CN¥24.99 Billion ▲ +0.4 pp
2017 96.0% CN¥13.62 Billion CN¥544.62 Million CN¥22.21 Billion ▲ +1.5 pp
2016 94.5% CN¥9.33 Billion CN¥510.35 Million CN¥16.07 Billion ▲ +1.0 pp
2015 93.5% CN¥7.31 Billion CN¥474.53 Million CN¥13.80 Billion ▲ +0.8 pp
2014 92.7% CN¥6.54 Billion CN¥478.95 Million CN¥12.08 Billion ▼ -0.9 pp
2013 93.5% CN¥6.02 Billion CN¥389.41 Million CN¥10.75 Billion ▼ -0.3 pp
2012 93.9% CN¥5.59 Billion CN¥343.49 Million CN¥9.75 Billion ▼ -0.9 pp
2011 94.7% CN¥5.46 Billion CN¥288.10 Million CN¥8.81 Billion ▼ -0.5 pp
2010 95.2% CN¥5.32 Billion CN¥254.88 Million CN¥7.11 Billion ▲ +0.8 pp
2009 94.4% CN¥4.40 Billion CN¥246.28 Million CN¥6.15 Billion ▲ +0.9 pp
2008 93.5% CN¥3.86 Billion CN¥250.56 Million CN¥5.82 Billion ▼ -0.2 pp
2007 93.7% CN¥4.07 Billion CN¥257.26 Million CN¥6.01 Billion ▲ +2.6 pp
2006 91.1% CN¥2.88 Billion CN¥255.81 Million CN¥4.75 Billion ▼ -1.8 pp
2005 92.9% CN¥3.03 Billion CN¥215.15 Million CN¥4.39 Billion ▲ +0.6 pp
2004 92.3% CN¥2.97 Billion CN¥229.61 Million CN¥4.41 Billion ▼ -1.0 pp
2003 93.3% CN¥3.03 Billion CN¥203.15 Million CN¥4.42 Billion ▼ -1.6 pp
2002 94.9% CN¥2.01 Billion CN¥103.04 Million CN¥2.52 Billion ▼ -3.7 pp
2001 98.6% CN¥1.98 Billion CN¥28.15 Million CN¥2.33 Billion ▲ +12.3 pp
2000 86.3% CN¥257.75 Million CN¥35.42 Million CN¥759.52 Million ▲ +1.3 pp
1999 85.0% CN¥189.89 Million CN¥28.55 Million CN¥682.04 Million ▼ -0.3 pp
1998 85.3% CN¥140.59 Million CN¥20.71 Million CN¥593.19 Million ▼ -12.8 pp
1997 98.0% CN¥109.79 Million CN¥2.15 Million CN¥448.72 Million
pp = percentage points