Fushun Special Steel Co Ltd (600399) — Tangible Net Worth Ratio
Fushun Special Steel Co Ltd (600399) has a Tangible Net Worth Ratio of 88.1% as of September 2025. This metric is calculated by deducting intangible assets (CN¥683.99 Million) from net assets (CN¥5.76 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 600399 net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Fushun Special Steel Co Ltd Tangible Net Worth Ratio (1997–2024)
This chart shows how Fushun Special Steel Co Ltd's Tangible Net Worth Ratio has changed across 27 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 88.1%, reflecting net assets of CN¥5.76 Billion with intangible assets of CN¥683.99 Million CNY. Also explore net asset momentum of Fushun Special Steel Co Ltd to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Fushun Special Steel Co Ltd (1997–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Fushun Special Steel Co Ltd from 1997 to 2024, covering 27 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 600399 market cap.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 89.1% | CN¥6.35 Billion | CN¥689.81 Million | CN¥13.13 Billion | ▲ +0.3 pp |
| 2023 | 88.8% | CN¥6.42 Billion | CN¥715.94 Million | CN¥12.39 Billion | ▲ +0.9 pp |
| 2022 | 87.9% | CN¥6.05 Billion | CN¥731.80 Million | CN¥11.79 Billion | ▲ +0.8 pp |
| 2021 | 87.1% | CN¥5.86 Billion | CN¥756.88 Million | CN¥10.22 Billion | ▲ +2.6 pp |
| 2020 | 84.4% | CN¥5.03 Billion | CN¥783.05 Million | CN¥9.22 Billion | ▲ +2.3 pp |
| 2019 | 82.2% | CN¥4.48 Billion | CN¥798.58 Million | CN¥8.55 Billion | ▲ +2.1 pp |
| 2018 | 80.0% | CN¥4.17 Billion | CN¥832.66 Million | CN¥7.94 Billion | ▲ +398.2 pp |
| 2016 | -318.2% | CN¥210.87 Million | CN¥881.75 Million | CN¥10.58 Billion | ▼ -116.2 pp |
| 2015 | -202.0% | CN¥300.47 Million | CN¥907.38 Million | CN¥11.38 Billion | ▲ +24.2 pp |
| 2014 | -226.1% | CN¥274.65 Million | CN¥895.76 Million | CN¥10.18 Billion | ▼ -272.4 pp |
| 2013 | 46.2% | CN¥1.71 Billion | CN¥920.61 Million | CN¥11.51 Billion | ▲ +1.9 pp |
| 2012 | 44.3% | CN¥1.70 Billion | CN¥945.84 Million | CN¥10.08 Billion | ▼ -55.5 pp |
| 2011 | 99.8% | CN¥1.69 Billion | CN¥3.35 Million | CN¥7.85 Billion | ▲ +0.0 pp |
| 2010 | 99.8% | CN¥1.66 Billion | CN¥3.65 Million | CN¥6.41 Billion | ▼ 0.0 pp |
| 2009 | 99.8% | CN¥1.63 Billion | CN¥3.45 Million | CN¥5.43 Billion | ▲ +0.0 pp |
| 2008 | 99.8% | CN¥1.61 Billion | CN¥3.59 Million | CN¥4.73 Billion | ▼ -0.1 pp |
| 2007 | 99.9% | CN¥1.57 Billion | CN¥1.65 Million | CN¥4.74 Billion | ▼ 0.0 pp |
| 2006 | 99.9% | CN¥1.50 Billion | CN¥1.22 Million | CN¥4.57 Billion | ▼ -0.1 pp |
| 2005 | 100.0% | CN¥1.49 Billion | CN¥357.60K | CN¥4.74 Billion | ▼ 0.0 pp |
| 2004 | 100.0% | CN¥1.47 Billion | CN¥0.00 | CN¥5.04 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | CN¥1.46 Billion | CN¥0.00 | CN¥4.55 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | CN¥1.45 Billion | CN¥0.00 | CN¥4.23 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | CN¥1.41 Billion | CN¥0.00 | CN¥3.01 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | CN¥1.38 Billion | CN¥0.00 | CN¥2.75 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | CN¥664.05 Million | CN¥0.00 | CN¥2.05 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | CN¥551.74 Million | CN¥0.00 | CN¥1.83 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | CN¥515.98 Million | CN¥0.00 | CN¥1.48 Billion | — |