Hebei Hengshui Laobaigan Liquor Co Ltd (600559) — Tangible Net Worth Ratio
Hebei Hengshui Laobaigan Liquor Co Ltd (600559) has a Tangible Net Worth Ratio of 85.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥807.30 Million) from net assets (CN¥5.48 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 Hebei Hengshui Laobaigan Liquor 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
Hebei Hengshui Laobaigan Liquor Co Ltd Tangible Net Worth Ratio (1999–2025)
This chart shows how Hebei Hengshui Laobaigan Liquor 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 85.3%, reflecting net assets of CN¥5.48 Billion with intangible assets of CN¥807.30 Million CNY. See how many days can Hebei Hengshui Laobaigan Liquor Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Hebei Hengshui Laobaigan Liquor Co Ltd (1999–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Hebei Hengshui Laobaigan Liquor 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 how much is Hebei Hengshui Laobaigan Liquor Co Ltd worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 84.7% | CN¥5.31 Billion | CN¥811.30 Million | CN¥8.60 Billion | ▲ +0.3 pp |
| 2024 | 84.4% | CN¥5.31 Billion | CN¥825.30 Million | CN¥9.61 Billion | ▲ +1.9 pp |
| 2023 | 82.5% | CN¥4.81 Billion | CN¥840.66 Million | CN¥9.50 Billion | ▲ +2.3 pp |
| 2022 | 80.2% | CN¥4.35 Billion | CN¥858.67 Million | CN¥8.92 Billion | ▲ +3.5 pp |
| 2021 | 76.8% | CN¥3.72 Billion | CN¥865.26 Million | CN¥7.61 Billion | ▲ +2.2 pp |
| 2020 | 74.5% | CN¥3.47 Billion | CN¥884.18 Million | CN¥6.47 Billion | ▼ -4.0 pp |
| 2019 | 78.5% | CN¥3.29 Billion | CN¥708.57 Million | CN¥6.27 Billion | ▲ +4.1 pp |
| 2018 | 74.4% | CN¥2.76 Billion | CN¥705.26 Million | CN¥5.48 Billion | ▼ -18.5 pp |
| 2017 | 92.9% | CN¥1.71 Billion | CN¥122.09 Million | CN¥2.89 Billion | ▲ +0.7 pp |
| 2016 | 92.2% | CN¥1.61 Billion | CN¥125.74 Million | CN¥3.20 Billion | ▼ -0.2 pp |
| 2015 | 92.4% | CN¥1.54 Billion | CN¥117.66 Million | CN¥2.80 Billion | ▲ +10.5 pp |
| 2014 | 81.9% | CN¥667.41 Million | CN¥120.94 Million | CN¥2.24 Billion | ▲ +2.0 pp |
| 2013 | 79.9% | CN¥624.44 Million | CN¥125.80 Million | CN¥1.86 Billion | ▲ +0.6 pp |
| 2012 | 79.3% | CN¥623.45 Million | CN¥129.12 Million | CN¥1.69 Billion | ▲ +6.5 pp |
| 2011 | 72.8% | CN¥506.93 Million | CN¥137.98 Million | CN¥1.45 Billion | ▲ +6.0 pp |
| 2010 | 66.8% | CN¥428.38 Million | CN¥142.18 Million | CN¥1.29 Billion | ▼ -9.6 pp |
| 2009 | 76.4% | CN¥400.74 Million | CN¥94.47 Million | CN¥1.18 Billion | ▲ +8.7 pp |
| 2008 | 67.8% | CN¥365.02 Million | CN¥117.63 Million | CN¥1.11 Billion | ▼ -1.6 pp |
| 2007 | 69.4% | CN¥347.87 Million | CN¥106.44 Million | CN¥1.01 Billion | ▼ -4.9 pp |
| 2006 | 74.3% | CN¥339.36 Million | CN¥87.15 Million | CN¥806.75 Million | ▼ -3.0 pp |
| 2005 | 77.4% | CN¥340.64 Million | CN¥77.09 Million | CN¥665.14 Million | ▼ -1.4 pp |
| 2004 | 78.7% | CN¥346.55 Million | CN¥73.65 Million | CN¥644.04 Million | ▼ -17.9 pp |
| 2003 | 96.6% | CN¥345.00 Million | CN¥11.68 Million | CN¥570.29 Million | ▼ -3.4 pp |
| 2002 | 100.0% | CN¥328.48 Million | CN¥0.00 | CN¥593.92 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CN¥148.02 Million | CN¥0.00 | CN¥385.59 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CN¥144.75 Million | CN¥0.00 | CN¥412.03 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CN¥141.49 Million | CN¥0.00 | CN¥341.30 Million | — |