Ningxia Building Materials Group Co Ltd (600449) — Tangible Net Worth Ratio
Ningxia Building Materials Group Co Ltd (600449) has a Tangible Net Worth Ratio of 91.4% as of March 2026. This metric is calculated by deducting intangible assets (CN¥660.53 Million) from net assets (CN¥7.72 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 how liquid is Ningxia Building Materials Group Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ningxia Building Materials Group Co Ltd Tangible Net Worth Ratio (2000–2025)
This chart shows how Ningxia Building Materials Group 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 91.4%, reflecting net assets of CN¥7.72 Billion with intangible assets of CN¥660.53 Million CNY. See Ningxia Building Materials Group 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 Ningxia Building Materials Group Co Ltd (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Ningxia Building Materials Group 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 Ningxia Building Materials Group Co Ltd stock valuation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.5% | CN¥7.87 Billion | CN¥665.58 Million | CN¥9.79 Billion | ▼ -3.1 pp |
| 2024 | 94.7% | CN¥7.66 Billion | CN¥409.49 Million | CN¥10.62 Billion | ▲ +2.1 pp |
| 2023 | 92.6% | CN¥7.53 Billion | CN¥559.88 Million | CN¥11.25 Billion | ▲ +0.3 pp |
| 2022 | 92.3% | CN¥7.44 Billion | CN¥572.90 Million | CN¥10.08 Billion | ▼ -0.8 pp |
| 2021 | 93.1% | CN¥7.29 Billion | CN¥506.08 Million | CN¥9.25 Billion | ▼ -0.3 pp |
| 2020 | 93.4% | CN¥6.67 Billion | CN¥439.85 Million | CN¥8.27 Billion | ▲ +0.7 pp |
| 2019 | 92.7% | CN¥5.91 Billion | CN¥431.12 Million | CN¥7.54 Billion | ▼ -0.3 pp |
| 2018 | 93.0% | CN¥5.18 Billion | CN¥361.90 Million | CN¥7.11 Billion | ▲ +0.5 pp |
| 2017 | 92.5% | CN¥4.82 Billion | CN¥362.49 Million | CN¥7.35 Billion | ▲ +0.9 pp |
| 2016 | 91.6% | CN¥4.49 Billion | CN¥378.99 Million | CN¥7.84 Billion | ▼ -0.4 pp |
| 2015 | 91.9% | CN¥4.44 Billion | CN¥358.20 Million | CN¥7.77 Billion | ▼ -0.1 pp |
| 2014 | 92.0% | CN¥4.50 Billion | CN¥360.07 Million | CN¥8.13 Billion | ▼ -1.0 pp |
| 2013 | 93.0% | CN¥4.51 Billion | CN¥314.43 Million | CN¥8.00 Billion | ▼ -0.2 pp |
| 2012 | 93.3% | CN¥4.16 Billion | CN¥280.64 Million | CN¥7.70 Billion | ▼ -0.3 pp |
| 2011 | 93.6% | CN¥3.98 Billion | CN¥254.95 Million | CN¥7.41 Billion | ▼ -1.4 pp |
| 2010 | 94.9% | CN¥2.75 Billion | CN¥139.01 Million | CN¥6.16 Billion | ▼ -0.8 pp |
| 2009 | 95.8% | CN¥2.18 Billion | CN¥91.86 Million | CN¥4.31 Billion | ▼ -2.7 pp |
| 2008 | 98.5% | CN¥1.73 Billion | CN¥26.65 Million | CN¥2.56 Billion | ▲ +0.3 pp |
| 2007 | 98.2% | CN¥831.13 Million | CN¥15.05 Million | CN¥1.74 Billion | ▲ +0.1 pp |
| 2006 | 98.1% | CN¥738.77 Million | CN¥14.17 Million | CN¥1.33 Billion | ▲ +0.3 pp |
| 2005 | 97.8% | CN¥713.25 Million | CN¥15.96 Million | CN¥1.35 Billion | ▲ +0.7 pp |
| 2004 | 97.1% | CN¥659.85 Million | CN¥19.28 Million | CN¥1.06 Billion | ▼ -2.9 pp |
| 2003 | 100.0% | CN¥518.07 Million | CN¥0.00 | CN¥609.39 Million | ▲ +0.6 pp |
| 2002 | 99.4% | CN¥172.77 Million | CN¥1.09 Million | CN¥525.72 Million | ▲ +0.2 pp |
| 2001 | 99.1% | CN¥145.41 Million | CN¥1.24 Million | CN¥431.16 Million | ▲ +0.3 pp |
| 2000 | 98.8% | CN¥118.70 Million | CN¥1.39 Million | CN¥300.78 Million | — |