Xinjiang Ba Yi Iron & Steel Co Ltd (600581) — Tangible Net Worth Ratio
Xinjiang Ba Yi Iron & Steel Co Ltd (600581) has a Tangible Net Worth Ratio of -844.2% as of December 2024. This metric is calculated by deducting intangible assets (CN¥1.18 Billion) from net assets (CN¥125.19 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 working capital to net assets of Xinjiang Ba Yi Iron & Steel Co Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Xinjiang Ba Yi Iron & Steel Co Ltd Tangible Net Worth Ratio (2000–2024)
This chart shows how Xinjiang Ba Yi Iron & Steel Co Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 2000 to 2024. As of December 2024, the ratio stands at -844.2%, reflecting net assets of CN¥125.19 Million with intangible assets of CN¥1.18 Billion CNY. See Xinjiang Ba Yi Iron & Steel Co Ltd (600581) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Xinjiang Ba Yi Iron & Steel Co Ltd (2000–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Xinjiang Ba Yi Iron & Steel Co Ltd from 2000 to 2024, covering 24 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 600581 company net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -844.2% | CN¥125.19 Million | CN¥1.18 Billion | CN¥29.82 Billion | ▼ -929.4 pp |
| 2023 | 85.3% | CN¥1.85 Billion | CN¥271.91 Million | CN¥29.25 Billion | ▲ +24.7 pp |
| 2022 | 60.5% | CN¥2.99 Billion | CN¥1.18 Billion | CN¥29.70 Billion | ▼ -14.3 pp |
| 2021 | 74.8% | CN¥4.39 Billion | CN¥1.11 Billion | CN¥31.17 Billion | ▼ -24.8 pp |
| 2020 | 99.6% | CN¥4.51 Billion | CN¥19.00 Million | CN¥22.44 Billion | ▼ 0.0 pp |
| 2019 | 99.6% | CN¥4.15 Billion | CN¥16.75 Million | CN¥19.50 Billion | ▼ 0.0 pp |
| 2018 | 99.6% | CN¥4.04 Billion | CN¥16.17 Million | CN¥19.32 Billion | ▲ +0.1 pp |
| 2017 | 99.5% | CN¥3.34 Billion | CN¥16.95 Million | CN¥18.60 Billion | ▼ -0.1 pp |
| 2016 | 99.6% | CN¥2.20 Billion | CN¥8.54 Million | CN¥11.01 Billion | ▲ +6.0 pp |
| 2014 | 93.6% | CN¥1.60 Billion | CN¥101.64 Million | CN¥21.23 Billion | ▼ -2.2 pp |
| 2013 | 95.8% | CN¥3.65 Billion | CN¥151.77 Million | CN¥22.50 Billion | ▼ -3.9 pp |
| 2012 | 99.8% | CN¥3.67 Billion | CN¥8.77 Million | CN¥14.33 Billion | ▲ +0.0 pp |
| 2011 | 99.8% | CN¥3.67 Billion | CN¥8.99 Million | CN¥13.02 Billion | ▲ +0.0 pp |
| 2010 | 99.7% | CN¥3.38 Billion | CN¥9.22 Million | CN¥12.18 Billion | ▲ +0.1 pp |
| 2009 | 99.7% | CN¥2.89 Billion | CN¥9.45 Million | CN¥12.60 Billion | ▲ +0.0 pp |
| 2008 | 99.7% | CN¥2.82 Billion | CN¥9.68 Million | CN¥12.14 Billion | ▲ +0.0 pp |
| 2007 | 99.6% | CN¥2.75 Billion | CN¥9.94 Million | CN¥10.32 Billion | ▲ +0.1 pp |
| 2006 | 99.6% | CN¥2.42 Billion | CN¥10.31 Million | CN¥7.87 Billion | ▲ +0.0 pp |
| 2005 | 99.6% | CN¥2.38 Billion | CN¥10.63 Million | CN¥5.47 Billion | ▲ +0.0 pp |
| 2004 | 99.5% | CN¥2.32 Billion | CN¥10.59 Million | CN¥4.58 Billion | ▲ +0.1 pp |
| 2003 | 99.5% | CN¥1.98 Billion | CN¥10.81 Million | CN¥3.32 Billion | ▲ +0.1 pp |
| 2002 | 99.3% | CN¥1.68 Billion | CN¥11.04 Million | CN¥3.03 Billion | ▼ 0.0 pp |
| 2001 | 99.4% | CN¥650.63 Million | CN¥4.08 Million | CN¥1.66 Billion | ▲ +0.3 pp |
| 2000 | 99.1% | CN¥458.41 Million | CN¥4.16 Million | CN¥1.46 Billion | — |