Henan Dayou Energy Co Ltd (600403) — Tangible Net Worth Ratio

Latest as of March 2026: -10.4%

Henan Dayou Energy Co Ltd (600403) has a Tangible Net Worth Ratio of -10.4% as of March 2026. This metric is calculated by deducting intangible assets (CN¥4.36 Billion) from net assets (CN¥3.95 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 what is Henan Dayou Energy Co Ltd's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

-10.4%
Tangible equity / total equity

Net Assets (Equity)

CN¥3.95 Billion
CNY

Intangible Assets

CN¥4.36 Billion
Goodwill, patents, brand value

Total Assets

CN¥19.96 Billion
CNY

Henan Dayou Energy Co Ltd Tangible Net Worth Ratio (2000–2025)

This chart shows how Henan Dayou Energy Co Ltd's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at -10.4%, reflecting net assets of CN¥3.95 Billion with intangible assets of CN¥4.36 Billion CNY. Also explore 600403 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Henan Dayou Energy Co Ltd (2000–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Henan Dayou Energy Co Ltd from 2000 to 2025, covering 26 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 Henan Dayou Energy Co Ltd stock valuation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 90.9% CN¥4.30 Billion CN¥391.97 Million CN¥19.37 Billion ▼ -2.7 pp
2024 93.6% CN¥6.37 Billion CN¥405.06 Million CN¥20.49 Billion ▼ -0.6 pp
2023 94.2% CN¥7.40 Billion CN¥429.16 Million CN¥20.95 Billion ▲ +46.9 pp
2022 47.3% CN¥8.66 Billion CN¥4.56 Billion CN¥22.30 Billion ▲ +12.5 pp
2021 34.9% CN¥7.68 Billion CN¥5.00 Billion CN¥21.55 Billion ▼ -30.6 pp
2020 65.4% CN¥6.06 Billion CN¥2.09 Billion CN¥18.29 Billion ▼ -19.0 pp
2019 84.5% CN¥7.21 Billion CN¥1.12 Billion CN¥18.48 Billion ▼ -1.9 pp
2018 86.4% CN¥8.56 Billion CN¥1.17 Billion CN¥17.37 Billion ▲ +3.7 pp
2017 82.6% CN¥7.00 Billion CN¥1.22 Billion CN¥16.44 Billion ▲ +1.7 pp
2016 81.0% CN¥6.64 Billion CN¥1.26 Billion CN¥14.57 Billion ▼ -4.0 pp
2015 84.9% CN¥8.62 Billion CN¥1.30 Billion CN¥15.57 Billion ▼ -0.9 pp
2014 85.8% CN¥10.14 Billion CN¥1.44 Billion CN¥16.18 Billion ▼ -0.2 pp
2013 86.1% CN¥10.70 Billion CN¥1.49 Billion CN¥15.43 Billion ▲ +1.3 pp
2012 84.7% CN¥10.31 Billion CN¥1.58 Billion CN¥16.55 Billion ▲ +4.4 pp
2011 80.3% CN¥5.31 Billion CN¥1.05 Billion CN¥10.47 Billion ▲ +144.9 pp
2010 -64.6% CN¥669.29 Million CN¥1.10 Billion CN¥709.79 Million ▼ -161.7 pp
2009 97.1% CN¥379.94 Million CN¥11.05 Million CN¥483.38 Million ▲ +0.2 pp
2008 96.9% CN¥347.10 Million CN¥10.91 Million CN¥411.98 Million ▲ +0.6 pp
2007 96.3% CN¥301.07 Million CN¥11.28 Million CN¥341.91 Million ▼ -3.6 pp
2006 99.8% CN¥277.47 Million CN¥513.92K CN¥296.30 Million ▲ +0.0 pp
2005 99.8% CN¥274.10 Million CN¥643.77K CN¥415.33 Million ▲ +0.0 pp
2004 99.7% CN¥259.92 Million CN¥688.35K CN¥400.79 Million ▲ +0.0 pp
2003 99.7% CN¥249.82 Million CN¥776.54K CN¥321.67 Million ▲ +1.7 pp
2002 98.0% CN¥46.26 Million CN¥924.59K CN¥102.28 Million ▲ +0.4 pp
2001 97.6% CN¥44.58 Million CN¥1.07 Million CN¥75.74 Million ▲ +1.5 pp
2000 96.1% CN¥30.96 Million CN¥1.22 Million CN¥53.04 Million
pp = percentage points