Shanghai New World Co Ltd (600628) — Tangible Net Worth Ratio
Shanghai New World Co Ltd (600628) has a Tangible Net Worth Ratio of 90.6% as of March 2026. This metric is calculated by deducting intangible assets (CN¥397.99 Million) from net assets (CN¥4.25 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 working capital position of Shanghai New World Co Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shanghai New World Co Ltd Tangible Net Worth Ratio (1992–2025)
This chart shows how Shanghai New World Co Ltd's Tangible Net Worth Ratio has changed across 34 annual periods from 1992 to 2025. As of March 2026, the ratio stands at 90.6%, reflecting net assets of CN¥4.25 Billion with intangible assets of CN¥397.99 Million CNY. See 600628 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Shanghai New World Co Ltd (1992–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai New World Co Ltd from 1992 to 2025, covering 34 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 market value of Shanghai New World Co Ltd.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 90.4% | CN¥4.23 Billion | CN¥404.93 Million | CN¥5.73 Billion | ▲ +0.7 pp |
| 2024 | 89.7% | CN¥4.21 Billion | CN¥432.70 Million | CN¥5.74 Billion | ▲ +0.8 pp |
| 2023 | 89.0% | CN¥4.18 Billion | CN¥461.06 Million | CN¥5.69 Billion | ▼ -0.9 pp |
| 2022 | 89.9% | CN¥4.21 Billion | CN¥426.82 Million | CN¥5.72 Billion | ▲ +0.2 pp |
| 2021 | 89.7% | CN¥4.36 Billion | CN¥448.81 Million | CN¥6.11 Billion | ▲ +0.5 pp |
| 2020 | 89.2% | CN¥4.34 Billion | CN¥470.79 Million | CN¥6.09 Billion | ▲ +0.6 pp |
| 2019 | 88.6% | CN¥4.32 Billion | CN¥492.81 Million | CN¥6.57 Billion | ▼ -9.5 pp |
| 2018 | 98.1% | CN¥4.44 Billion | CN¥84.44 Million | CN¥5.79 Billion | ▲ +0.1 pp |
| 2017 | 98.0% | CN¥4.35 Billion | CN¥87.83 Million | CN¥5.86 Billion | ▲ +0.2 pp |
| 2016 | 97.7% | CN¥4.01 Billion | CN¥91.08 Million | CN¥5.78 Billion | ▲ +1.4 pp |
| 2015 | 96.4% | CN¥2.60 Billion | CN¥94.44 Million | CN¥4.78 Billion | ▲ +0.1 pp |
| 2014 | 96.3% | CN¥2.62 Billion | CN¥97.80 Million | CN¥5.21 Billion | ▲ +0.4 pp |
| 2013 | 95.9% | CN¥2.45 Billion | CN¥101.15 Million | CN¥5.23 Billion | ▲ +0.5 pp |
| 2012 | 95.4% | CN¥2.28 Billion | CN¥104.51 Million | CN¥5.20 Billion | ▲ +0.5 pp |
| 2011 | 94.9% | CN¥2.10 Billion | CN¥107.86 Million | CN¥5.57 Billion | ▲ +0.6 pp |
| 2010 | 94.3% | CN¥1.95 Billion | CN¥111.22 Million | CN¥5.04 Billion | ▲ +0.6 pp |
| 2009 | 93.7% | CN¥1.81 Billion | CN¥114.58 Million | CN¥3.94 Billion | ▲ +0.7 pp |
| 2008 | 92.9% | CN¥1.67 Billion | CN¥117.93 Million | CN¥3.96 Billion | ▲ +0.6 pp |
| 2007 | 92.4% | CN¥1.59 Billion | CN¥121.29 Million | CN¥4.01 Billion | ▲ +0.7 pp |
| 2006 | 91.7% | CN¥1.46 Billion | CN¥121.15 Million | CN¥3.91 Billion | ▼ -8.3 pp |
| 2005 | 100.0% | CN¥1.32 Billion | CN¥0.00 | CN¥3.55 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | CN¥1.21 Billion | CN¥0.00 | CN¥2.26 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | CN¥920.72 Million | CN¥0.00 | CN¥2.15 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | CN¥844.35 Million | CN¥0.00 | CN¥1.85 Billion | ▼ -2.3 pp |
| 2001 | 102.3% | CN¥817.58 Million | CN¥-18.44 Million | CN¥1.85 Billion | ▲ +3.9 pp |
| 2000 | 98.3% | CN¥771.07 Million | CN¥12.79 Million | CN¥2.05 Billion | ▲ +1.5 pp |
| 1999 | 96.9% | CN¥483.22 Million | CN¥15.03 Million | CN¥1.73 Billion | ▼ -1.1 pp |
| 1998 | 97.9% | CN¥435.63 Million | CN¥8.97 Million | CN¥1.84 Billion | ▲ +1.6 pp |
| 1997 | 96.3% | CN¥367.39 Million | CN¥13.57 Million | CN¥1.75 Billion | ▲ +0.5 pp |
| 1996 | 95.8% | CN¥322.40 Million | CN¥13.60 Million | CN¥1.57 Billion | ▲ +5.9 pp |
| 1995 | 89.9% | CN¥253.89 Million | CN¥25.76 Million | CN¥1.26 Billion | ▼ -10.1 pp |
| 1994 | 100.0% | CN¥159.04 Million | CN¥0.00 | CN¥610.55 Million | ▲ +16.6 pp |
| 1993 | 83.4% | CN¥154.77 Million | CN¥25.76 Million | CN¥381.33 Million | ▼ -16.6 pp |
| 1992 | 100.0% | CN¥68.11 Million | CN¥0.00 | CN¥82.57 Million | — |