Sinomach General Machinery Science Technology Co Ltd (600444) — Tangible Net Worth Ratio
Sinomach General Machinery Science Technology Co Ltd (600444) has a Tangible Net Worth Ratio of 99.3% as of September 2025. This metric is calculated by deducting intangible assets (CN¥5.40 Million) from net assets (CN¥728.32 Million) 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 Sinomach General Machinery Science Techn working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sinomach General Machinery Science Technology Co Ltd Tangible Net Worth Ratio (2001–2024)
This chart shows how Sinomach General Machinery Science Technology Co Ltd's Tangible Net Worth Ratio has changed across 20 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 99.3%, reflecting net assets of CN¥728.32 Million with intangible assets of CN¥5.40 Million CNY. See 600444 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Sinomach General Machinery Science Technology Co Ltd (2001–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Sinomach General Machinery Science Technology Co Ltd from 2001 to 2024, covering 20 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 Sinomach General Machinery Science Techn (600444) total market value.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.2% | CN¥708.51 Million | CN¥5.54 Million | CN¥1.34 Billion | ▲ +0.2 pp |
| 2023 | 99.0% | CN¥682.10 Million | CN¥6.68 Million | CN¥1.26 Billion | ▲ +0.2 pp |
| 2022 | 98.8% | CN¥660.19 Million | CN¥8.05 Million | CN¥1.15 Billion | ▲ +0.4 pp |
| 2021 | 98.4% | CN¥637.75 Million | CN¥10.10 Million | CN¥1.24 Billion | ▲ +0.5 pp |
| 2020 | 97.9% | CN¥611.40 Million | CN¥12.84 Million | CN¥1.18 Billion | ▲ +0.9 pp |
| 2019 | 97.0% | CN¥587.30 Million | CN¥17.85 Million | CN¥921.64 Million | ▲ +1.6 pp |
| 2018 | 95.4% | CN¥557.76 Million | CN¥25.71 Million | CN¥838.90 Million | ▼ -1.3 pp |
| 2017 | 96.7% | CN¥510.01 Million | CN¥16.87 Million | CN¥827.55 Million | ▲ +5.8 pp |
| 2016 | 90.9% | CN¥307.98 Million | CN¥27.93 Million | CN¥888.79 Million | ▼ -0.5 pp |
| 2015 | 91.4% | CN¥296.53 Million | CN¥25.44 Million | CN¥873.87 Million | ▲ +52.2 pp |
| 2010 | 39.2% | CN¥79.64 Million | CN¥48.44 Million | CN¥574.55 Million | ▲ +3.7 pp |
| 2009 | 35.5% | CN¥77.52 Million | CN¥50.03 Million | CN¥569.28 Million | ▼ -35.3 pp |
| 2008 | 70.7% | CN¥179.47 Million | CN¥52.55 Million | CN¥603.57 Million | ▼ -18.2 pp |
| 2007 | 89.0% | CN¥326.92 Million | CN¥36.09 Million | CN¥737.28 Million | ▲ +0.6 pp |
| 2006 | 88.4% | CN¥317.13 Million | CN¥36.92 Million | CN¥769.97 Million | ▼ -6.3 pp |
| 2005 | 94.7% | CN¥296.31 Million | CN¥15.74 Million | CN¥807.60 Million | ▲ +0.5 pp |
| 2004 | 94.2% | CN¥275.65 Million | CN¥16.02 Million | CN¥776.55 Million | ▲ +10.3 pp |
| 2003 | 83.9% | CN¥89.47 Million | CN¥14.38 Million | CN¥260.90 Million | ▲ +4.9 pp |
| 2002 | 79.1% | CN¥70.23 Million | CN¥14.70 Million | CN¥189.14 Million | ▼ -16.6 pp |
| 2001 | 95.7% | CN¥50.79 Million | CN¥2.19 Million | CN¥115.84 Million | — |