Hangzhou TianMuShan Pharmaceutical Enterprise Co Ltd (600671) — Tangible Net Worth Ratio
Hangzhou TianMuShan Pharmaceutical Enterprise Co Ltd (600671) has a Tangible Net Worth Ratio of 94.6% as of September 2025. This metric is calculated by deducting intangible assets (CN¥5.08 Million) from net assets (CN¥94.30 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 Hangzhou TianMuShan Pharmaceutical Enter working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hangzhou TianMuShan Pharmaceutical Enterprise Co Ltd Tangible Net Worth Ratio (1993–2024)
This chart shows how Hangzhou TianMuShan Pharmaceutical Enterprise Co Ltd's Tangible Net Worth Ratio has changed across 31 annual periods from 1993 to 2024. As of September 2025, the ratio stands at 94.6%, reflecting net assets of CN¥94.30 Million with intangible assets of CN¥5.08 Million CNY. See operational self-sufficiency of Hangzhou TianMuShan Pharmaceutical Enter to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Hangzhou TianMuShan Pharmaceutical Enterprise Co Ltd (1993–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Hangzhou TianMuShan Pharmaceutical Enterprise Co Ltd from 1993 to 2024, covering 31 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 cap of Hangzhou TianMuShan Pharmaceutical Enter.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.0% | CN¥85.02 Million | CN¥5.09 Million | CN¥441.46 Million | ▲ +3.3 pp |
| 2023 | 90.7% | CN¥55.95 Million | CN¥5.21 Million | CN¥346.29 Million | ▲ +110.5 pp |
| 2022 | -19.9% | CN¥4.48 Million | CN¥5.37 Million | CN¥299.84 Million | ▼ -111.3 pp |
| 2021 | 91.4% | CN¥64.56 Million | CN¥5.52 Million | CN¥402.65 Million | ▼ -2.5 pp |
| 2020 | 93.9% | CN¥93.33 Million | CN¥5.68 Million | CN¥442.51 Million | ▲ +29.9 pp |
| 2019 | 64.0% | CN¥133.33 Million | CN¥47.99 Million | CN¥526.93 Million | ▲ +26.3 pp |
| 2018 | 37.7% | CN¥81.62 Million | CN¥50.85 Million | CN¥480.62 Million | ▼ -52.7 pp |
| 2017 | 90.4% | CN¥96.27 Million | CN¥9.23 Million | CN¥450.44 Million | ▲ +3.2 pp |
| 2016 | 87.2% | CN¥66.18 Million | CN¥8.47 Million | CN¥306.19 Million | ▲ +1.0 pp |
| 2015 | 86.2% | CN¥62.76 Million | CN¥8.65 Million | CN¥280.38 Million | ▼ -6.0 pp |
| 2014 | 92.2% | CN¥85.25 Million | CN¥6.64 Million | CN¥285.64 Million | ▲ +2.9 pp |
| 2013 | 89.3% | CN¥95.26 Million | CN¥10.19 Million | CN¥325.27 Million | ▲ +0.6 pp |
| 2012 | 88.7% | CN¥92.76 Million | CN¥10.49 Million | CN¥295.92 Million | ▼ -5.4 pp |
| 2011 | 94.1% | CN¥182.84 Million | CN¥10.80 Million | CN¥357.84 Million | ▲ +1.3 pp |
| 2010 | 92.8% | CN¥154.14 Million | CN¥11.11 Million | CN¥319.79 Million | ▼ -1.0 pp |
| 2009 | 93.8% | CN¥187.74 Million | CN¥11.64 Million | CN¥328.27 Million | ▼ -0.7 pp |
| 2008 | 94.5% | CN¥240.30 Million | CN¥13.23 Million | CN¥369.08 Million | ▼ -2.8 pp |
| 2007 | 97.3% | CN¥282.93 Million | CN¥7.56 Million | CN¥414.09 Million | ▲ +0.0 pp |
| 2006 | 97.3% | CN¥236.44 Million | CN¥6.43 Million | CN¥352.47 Million | ▲ +0.2 pp |
| 2005 | 97.1% | CN¥239.39 Million | CN¥7.03 Million | CN¥372.71 Million | ▲ +0.7 pp |
| 2004 | 96.4% | CN¥252.36 Million | CN¥9.13 Million | CN¥357.85 Million | ▼ -0.3 pp |
| 2003 | 96.7% | CN¥242.64 Million | CN¥8.12 Million | CN¥346.52 Million | ▲ +0.4 pp |
| 2002 | 96.2% | CN¥253.20 Million | CN¥9.58 Million | CN¥373.53 Million | ▲ +1.2 pp |
| 2001 | 95.0% | CN¥251.63 Million | CN¥12.51 Million | CN¥408.75 Million | ▼ 0.0 pp |
| 2000 | 95.0% | CN¥251.29 Million | CN¥12.46 Million | CN¥405.88 Million | ▼ -2.2 pp |
| 1999 | 97.2% | CN¥244.10 Million | CN¥6.72 Million | CN¥339.78 Million | ▲ +0.7 pp |
| 1998 | 96.6% | CN¥235.71 Million | CN¥8.09 Million | CN¥323.01 Million | ▲ +0.1 pp |
| 1997 | 96.4% | CN¥225.25 Million | CN¥8.03 Million | CN¥295.69 Million | ▲ +0.6 pp |
| 1996 | 95.9% | CN¥201.52 Million | CN¥8.31 Million | CN¥259.33 Million | ▲ +0.1 pp |
| 1995 | 95.7% | CN¥174.02 Million | CN¥7.42 Million | CN¥263.02 Million | ▲ +1.0 pp |
| 1993 | 94.7% | CN¥86.48 Million | CN¥4.57 Million | CN¥113.50 Million | — |