Shanghai Shenda Co Ltd (600626) — Tangible Net Worth Ratio

Latest as of September 2025: 96.1%

Shanghai Shenda Co Ltd (600626) has a Tangible Net Worth Ratio of 96.1% as of September 2025. This metric is calculated by deducting intangible assets (CN¥140.68 Million) from net assets (CN¥3.57 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 Shanghai Shenda Co Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

96.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥3.57 Billion
CNY

Intangible Assets

CN¥140.68 Million
Goodwill, patents, brand value

Total Assets

CN¥10.08 Billion
CNY

Shanghai Shenda Co Ltd Tangible Net Worth Ratio (1992–2024)

This chart shows how Shanghai Shenda Co Ltd's Tangible Net Worth Ratio has changed across 33 annual periods from 1992 to 2024. As of September 2025, the ratio stands at 96.1%, reflecting net assets of CN¥3.57 Billion with intangible assets of CN¥140.68 Million CNY. See operational self-sufficiency of Shanghai Shenda Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shanghai Shenda Co Ltd (1992–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Shenda Co Ltd from 1992 to 2024, covering 33 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 Shanghai Shenda Co Ltd worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 95.3% CN¥3.53 Billion CN¥167.04 Million CN¥10.23 Billion ▲ +0.9 pp
2023 94.4% CN¥3.51 Billion CN¥197.72 Million CN¥10.81 Billion ▲ +1.6 pp
2022 92.8% CN¥3.31 Billion CN¥238.02 Million CN¥10.37 Billion ▲ +0.6 pp
2021 92.2% CN¥3.60 Billion CN¥280.08 Million CN¥9.67 Billion ▲ +2.8 pp
2020 89.4% CN¥2.88 Billion CN¥304.61 Million CN¥9.41 Billion ▼ -0.4 pp
2019 89.8% CN¥3.99 Billion CN¥405.46 Million CN¥10.65 Billion ▼ -0.9 pp
2018 90.7% CN¥4.07 Billion CN¥378.49 Million CN¥11.14 Billion ▼ -0.3 pp
2017 91.0% CN¥3.43 Billion CN¥309.49 Million CN¥10.83 Billion ▼ -5.8 pp
2016 96.7% CN¥2.93 Billion CN¥95.87 Million CN¥5.38 Billion ▼ -1.6 pp
2015 98.4% CN¥2.72 Billion CN¥44.68 Million CN¥4.82 Billion ▼ -0.1 pp
2014 98.5% CN¥2.44 Billion CN¥36.71 Million CN¥3.97 Billion ▼ -0.2 pp
2013 98.7% CN¥2.32 Billion CN¥30.66 Million CN¥3.79 Billion ▲ +1.7 pp
2012 96.9% CN¥2.19 Billion CN¥67.05 Million CN¥3.62 Billion ▲ +0.2 pp
2011 96.7% CN¥2.09 Billion CN¥68.80 Million CN¥3.17 Billion ▲ +0.4 pp
2010 96.3% CN¥1.92 Billion CN¥70.58 Million CN¥2.89 Billion ▼ -1.3 pp
2009 97.6% CN¥1.91 Billion CN¥45.52 Million CN¥2.85 Billion ▲ +0.1 pp
2008 97.5% CN¥1.90 Billion CN¥47.81 Million CN¥2.71 Billion ▲ +0.1 pp
2007 97.4% CN¥1.90 Billion CN¥49.86 Million CN¥2.75 Billion ▲ +1.8 pp
2006 95.6% CN¥1.72 Billion CN¥76.08 Million CN¥2.51 Billion ▲ +0.5 pp
2005 95.1% CN¥1.66 Billion CN¥81.37 Million CN¥2.61 Billion ▼ -0.4 pp
2004 95.5% CN¥1.63 Billion CN¥73.16 Million CN¥2.57 Billion ▼ 0.0 pp
2003 95.5% CN¥1.59 Billion CN¥71.38 Million CN¥3.03 Billion ▲ +0.3 pp
2002 95.2% CN¥1.44 Billion CN¥69.21 Million CN¥2.73 Billion ▼ -2.9 pp
2001 98.1% CN¥1.29 Billion CN¥24.91 Million CN¥2.27 Billion ▲ +2.7 pp
2000 95.3% CN¥996.89 Million CN¥46.61 Million CN¥2.25 Billion ▼ -0.1 pp
1999 95.4% CN¥891.83 Million CN¥41.02 Million CN¥2.00 Billion ▲ +0.6 pp
1998 94.8% CN¥805.66 Million CN¥41.64 Million CN¥1.77 Billion ▼ -0.3 pp
1997 95.1% CN¥346.79 Million CN¥17.00 Million CN¥900.58 Million ▼ -0.1 pp
1996 95.2% CN¥332.98 Million CN¥16.07 Million CN¥1.00 Billion ▲ +0.4 pp
1995 94.7% CN¥327.40 Million CN¥17.26 Million CN¥1.02 Billion ▼ -5.3 pp
1994 100.0% CN¥319.25 Million CN¥0.00 CN¥869.83 Million ▲ +1.8 pp
1993 98.2% CN¥296.20 Million CN¥5.28 Million CN¥770.49 Million ▼ -1.8 pp
1992 100.0% CN¥221.48 Million CN¥0.00 CN¥627.03 Million
pp = percentage points