Wolong Electric Group Co Ltd (600580) — Tangible Net Worth Ratio

Latest as of September 2025: 80.1%

Wolong Electric Group Co Ltd (600580) has a Tangible Net Worth Ratio of 80.1% as of September 2025. This metric is calculated by deducting intangible assets (CN¥2.24 Billion) from net assets (CN¥11.26 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 600580 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

80.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥11.26 Billion
CNY

Intangible Assets

CN¥2.24 Billion
Goodwill, patents, brand value

Total Assets

CN¥25.17 Billion
CNY

Wolong Electric Group Co Ltd Tangible Net Worth Ratio (1999–2024)

This chart shows how Wolong Electric Group Co Ltd's Tangible Net Worth Ratio has changed across 26 annual periods from 1999 to 2024. As of September 2025, the ratio stands at 80.1%, reflecting net assets of CN¥11.26 Billion with intangible assets of CN¥2.24 Billion CNY. See Wolong Electric Group Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Wolong Electric Group Co Ltd (1999–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Wolong Electric Group Co Ltd from 1999 to 2024, 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 Wolong Electric Group Co Ltd market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 80.1% CN¥11.40 Billion CN¥2.27 Billion CN¥26.32 Billion ▲ +0.6 pp
2023 79.5% CN¥10.70 Billion CN¥2.19 Billion CN¥24.66 Billion ▼ -2.8 pp
2022 82.3% CN¥10.14 Billion CN¥1.79 Billion CN¥23.45 Billion ▲ +0.7 pp
2021 81.6% CN¥8.99 Billion CN¥1.65 Billion CN¥22.01 Billion ▼ -0.7 pp
2020 82.3% CN¥8.18 Billion CN¥1.45 Billion CN¥20.82 Billion ▲ +1.4 pp
2019 80.9% CN¥7.42 Billion CN¥1.42 Billion CN¥19.70 Billion ▲ +1.8 pp
2018 79.1% CN¥6.47 Billion CN¥1.35 Billion CN¥18.45 Billion ▼ -2.3 pp
2017 81.4% CN¥6.05 Billion CN¥1.12 Billion CN¥16.78 Billion ▲ +3.8 pp
2016 77.6% CN¥5.57 Billion CN¥1.25 Billion CN¥16.08 Billion ▼ -0.1 pp
2015 77.7% CN¥4.97 Billion CN¥1.11 Billion CN¥14.07 Billion ▼ -4.5 pp
2014 82.2% CN¥4.14 Billion CN¥737.36 Million CN¥9.79 Billion ▼ -2.0 pp
2013 84.2% CN¥3.88 Billion CN¥614.44 Million CN¥8.89 Billion ▼ -6.4 pp
2012 90.6% CN¥2.79 Billion CN¥262.27 Million CN¥4.77 Billion ▲ +0.4 pp
2011 90.2% CN¥2.72 Billion CN¥265.97 Million CN¥4.82 Billion ▼ -1.3 pp
2010 91.6% CN¥2.59 Billion CN¥219.21 Million CN¥4.06 Billion ▲ +1.8 pp
2009 89.7% CN¥1.43 Billion CN¥147.24 Million CN¥2.67 Billion ▼ -6.6 pp
2008 96.3% CN¥1.14 Billion CN¥41.87 Million CN¥1.87 Billion ▲ +0.1 pp
2007 96.2% CN¥1.03 Billion CN¥39.13 Million CN¥1.63 Billion ▼ -3.7 pp
2006 99.9% CN¥948.00 Million CN¥1.37 Million CN¥1.38 Billion ▼ 0.0 pp
2005 99.9% CN¥621.27 Million CN¥864.66K CN¥1.04 Billion ▲ +0.0 pp
2004 99.8% CN¥571.17 Million CN¥1.03 Million CN¥869.37 Million ▲ +0.1 pp
2003 99.7% CN¥485.98 Million CN¥1.26 Million CN¥703.17 Million ▼ 0.0 pp
2002 99.8% CN¥445.18 Million CN¥1.01 Million CN¥637.32 Million ▲ +0.6 pp
2001 99.2% CN¥132.62 Million CN¥1.04 Million CN¥252.52 Million ▲ +10.3 pp
2000 88.9% CN¥97.58 Million CN¥10.82 Million CN¥236.27 Million ▲ +2.0 pp
1999 86.9% CN¥85.69 Million CN¥11.22 Million CN¥208.98 Million
pp = percentage points