Xiamen Tungsten Co Ltd (600549) — Tangible Net Worth Ratio

Latest as of March 2026: 93.0%

Xiamen Tungsten Co Ltd (600549) has a Tangible Net Worth Ratio of 93.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.98 Billion) from net assets (CN¥28.37 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.

Tangible NW Ratio

93.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥28.37 Billion
CNY

Intangible Assets

CN¥1.98 Billion
Goodwill, patents, brand value

Total Assets

CN¥63.93 Billion
CNY

Xiamen Tungsten Co Ltd Tangible Net Worth Ratio (1999–2025)

This chart shows how Xiamen Tungsten Co Ltd's Tangible Net Worth Ratio has changed across 27 annual periods from 1999 to 2025. As of March 2026, the ratio stands at 93.0%, reflecting net assets of CN¥28.37 Billion with intangible assets of CN¥1.98 Billion CNY. Also explore net asset growth rate of Xiamen Tungsten Co Ltd to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Xiamen Tungsten Co Ltd (1999–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Xiamen Tungsten Co Ltd from 1999 to 2025, 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 Xiamen Tungsten Co Ltd stock valuation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 98.2% CN¥81.64 Billion CN¥1.47 Billion CN¥56.07 Billion ▲ +5.1 pp
2024 93.1% CN¥24.35 Billion CN¥1.68 Billion CN¥45.46 Billion ▲ +1.8 pp
2023 91.3% CN¥19.07 Billion CN¥1.66 Billion CN¥39.27 Billion ▲ +1.1 pp
2022 90.2% CN¥16.06 Billion CN¥1.57 Billion CN¥39.80 Billion ▼ -1.3 pp
2021 91.6% CN¥13.05 Billion CN¥1.10 Billion CN¥32.90 Billion ▲ +3.9 pp
2020 87.6% CN¥9.93 Billion CN¥1.23 Billion CN¥25.10 Billion ▲ +0.6 pp
2019 87.0% CN¥9.78 Billion CN¥1.27 Billion CN¥23.47 Billion ▼ -3.4 pp
2018 90.4% CN¥9.16 Billion CN¥877.50 Million CN¥22.51 Billion ▼ -0.7 pp
2017 91.2% CN¥8.75 Billion CN¥773.25 Million CN¥18.85 Billion ▲ +0.1 pp
2016 91.1% CN¥8.12 Billion CN¥726.05 Million CN¥15.50 Billion ▲ +0.4 pp
2015 90.7% CN¥8.23 Billion CN¥767.00 Million CN¥15.99 Billion ▼ -0.7 pp
2014 91.4% CN¥9.09 Billion CN¥784.99 Million CN¥17.32 Billion ▲ +4.7 pp
2013 86.7% CN¥6.06 Billion CN¥806.85 Million CN¥15.45 Billion ▼ -8.1 pp
2012 94.8% CN¥5.63 Billion CN¥292.01 Million CN¥12.84 Billion ▼ -0.3 pp
2011 95.1% CN¥5.05 Billion CN¥248.16 Million CN¥12.66 Billion ▲ +0.7 pp
2010 94.4% CN¥4.10 Billion CN¥229.47 Million CN¥11.97 Billion ▲ +0.0 pp
2009 94.4% CN¥4.02 Billion CN¥225.43 Million CN¥10.71 Billion ▲ +1.3 pp
2008 93.1% CN¥3.41 Billion CN¥233.93 Million CN¥8.83 Billion ▼ -1.0 pp
2007 94.1% CN¥3.17 Billion CN¥185.41 Million CN¥8.56 Billion ▲ +1.4 pp
2006 92.7% CN¥1.50 Billion CN¥109.45 Million CN¥5.69 Billion ▲ +1.3 pp
2005 91.4% CN¥1.23 Billion CN¥105.87 Million CN¥3.49 Billion ▲ +0.7 pp
2004 90.7% CN¥1.04 Billion CN¥96.61 Million CN¥2.19 Billion ▲ +3.2 pp
2003 87.5% CN¥814.09 Million CN¥101.42 Million CN¥1.75 Billion ▼ -2.5 pp
2002 90.1% CN¥631.47 Million CN¥62.82 Million CN¥1.10 Billion ▲ +10.8 pp
2001 79.2% CN¥265.05 Million CN¥55.02 Million CN¥585.23 Million ▼ -7.9 pp
2000 87.2% CN¥232.24 Million CN¥29.82 Million CN¥691.34 Million ▼ -1.4 pp
1999 88.5% CN¥225.95 Million CN¥25.93 Million CN¥699.77 Million
pp = percentage points