Jiangsu Hongdou Industrial Co Ltd (600400) — Tangible Net Worth Ratio

Latest as of March 2026: 94.6%

Jiangsu Hongdou Industrial Co Ltd (600400) has a Tangible Net Worth Ratio of 94.6% as of March 2026. This metric is calculated by deducting intangible assets (CN¥78.29 Million) from net assets (CN¥1.45 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 600400 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

94.6%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.45 Billion
CNY

Intangible Assets

CN¥78.29 Million
Goodwill, patents, brand value

Total Assets

CN¥3.10 Billion
CNY

Jiangsu Hongdou Industrial Co Ltd Tangible Net Worth Ratio (1997–2025)

This chart shows how Jiangsu Hongdou Industrial 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 94.6%, reflecting net assets of CN¥1.45 Billion with intangible assets of CN¥78.29 Million CNY. See Jiangsu Hongdou Industrial Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Jiangsu Hongdou Industrial Co Ltd (1997–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Jiangsu Hongdou Industrial 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 Jiangsu Hongdou Industrial Co Ltd stock valuation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 94.5% CN¥1.45 Billion CN¥80.37 Million CN¥2.91 Billion ▼ -2.7 pp
2024 97.1% CN¥2.60 Billion CN¥74.62 Million CN¥4.38 Billion ▲ +1.5 pp
2023 95.6% CN¥3.01 Billion CN¥131.66 Million CN¥5.27 Billion ▲ +0.4 pp
2022 95.2% CN¥3.05 Billion CN¥145.13 Million CN¥4.74 Billion ▼ -0.6 pp
2021 95.8% CN¥3.25 Billion CN¥135.63 Million CN¥4.89 Billion ▼ -0.3 pp
2020 96.1% CN¥3.75 Billion CN¥145.29 Million CN¥4.66 Billion ▲ +0.5 pp
2019 95.7% CN¥4.14 Billion CN¥179.43 Million CN¥5.49 Billion ▼ -1.0 pp
2018 96.7% CN¥4.05 Billion CN¥134.00 Million CN¥5.48 Billion ▼ -1.1 pp
2017 97.8% CN¥4.60 Billion CN¥100.67 Million CN¥5.45 Billion ▲ +0.1 pp
2016 97.7% CN¥4.47 Billion CN¥102.05 Million CN¥9.84 Billion ▲ +1.9 pp
2015 95.9% CN¥2.54 Billion CN¥105.32 Million CN¥6.76 Billion ▲ +1.8 pp
2014 94.0% CN¥1.74 Billion CN¥103.97 Million CN¥5.79 Billion ▲ +0.8 pp
2013 93.2% CN¥1.68 Billion CN¥113.58 Million CN¥7.00 Billion ▲ +0.1 pp
2012 93.1% CN¥1.66 Billion CN¥114.14 Million CN¥6.83 Billion ▲ +0.3 pp
2011 92.8% CN¥1.63 Billion CN¥117.33 Million CN¥6.08 Billion ▲ +0.2 pp
2010 92.6% CN¥1.59 Billion CN¥118.55 Million CN¥5.22 Billion ▼ -2.5 pp
2009 95.1% CN¥1.37 Billion CN¥66.80 Million CN¥4.26 Billion ▼ -1.1 pp
2008 96.2% CN¥1.35 Billion CN¥50.89 Million CN¥3.67 Billion ▲ +0.2 pp
2007 96.0% CN¥1.31 Billion CN¥52.20 Million CN¥3.54 Billion ▲ +0.1 pp
2006 96.0% CN¥1.33 Billion CN¥53.45 Million CN¥2.73 Billion ▲ +0.5 pp
2005 95.5% CN¥1.21 Billion CN¥54.78 Million CN¥2.48 Billion ▲ +0.3 pp
2004 95.1% CN¥1.15 Billion CN¥56.09 Million CN¥2.28 Billion ▲ +2.3 pp
2003 92.8% CN¥789.97 Million CN¥57.09 Million CN¥1.48 Billion ▼ -4.5 pp
2002 97.3% CN¥665.02 Million CN¥17.94 Million CN¥1.15 Billion ▲ +0.5 pp
2001 96.8% CN¥580.65 Million CN¥18.32 Million CN¥766.99 Million ▲ +0.3 pp
2000 96.5% CN¥537.20 Million CN¥18.70 Million CN¥716.90 Million ▼ -3.5 pp
1999 100.0% CN¥139.09 Million CN¥0.00 CN¥284.66 Million ▲ +0.0 pp
1998 100.0% CN¥130.98 Million CN¥0.00 CN¥203.44 Million ▲ +0.0 pp
1997 100.0% CN¥112.16 Million CN¥0.00 CN¥237.81 Million
pp = percentage points