CSSC Offshore & Marine Engineering Group Co Ltd (600685) — Tangible Net Worth Ratio

Latest as of March 2026: 95.9%

CSSC Offshore & Marine Engineering Group Co Ltd (600685) has a Tangible Net Worth Ratio of 95.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥900.21 Million) from net assets (CN¥21.77 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 600685 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥21.77 Billion
CNY

Intangible Assets

CN¥900.21 Million
Goodwill, patents, brand value

Total Assets

CN¥55.68 Billion
CNY

CSSC Offshore & Marine Engineering Group Co Ltd Tangible Net Worth Ratio (1993–2025)

This chart shows how CSSC Offshore & Marine Engineering Group Co Ltd's Tangible Net Worth Ratio has changed across 32 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 95.9%, reflecting net assets of CN¥21.77 Billion with intangible assets of CN¥900.21 Million CNY. See 600685 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for CSSC Offshore & Marine Engineering Group Co Ltd (1993–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for CSSC Offshore & Marine Engineering Group Co Ltd from 1993 to 2025, covering 32 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 600685 company net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 95.8% CN¥21.69 Billion CN¥908.62 Million CN¥56.02 Billion ▲ +0.2 pp
2024 95.6% CN¥21.17 Billion CN¥925.12 Million CN¥53.60 Billion ▲ +0.2 pp
2023 95.5% CN¥19.61 Billion CN¥886.45 Million CN¥50.86 Billion ▲ +0.3 pp
2022 95.1% CN¥18.75 Billion CN¥910.43 Million CN¥46.48 Billion ▲ +0.1 pp
2021 95.0% CN¥18.67 Billion CN¥933.62 Million CN¥44.27 Billion ▲ +0.2 pp
2020 94.8% CN¥17.55 Billion CN¥918.94 Million CN¥38.94 Billion ▲ +8.1 pp
2019 86.7% CN¥15.55 Billion CN¥2.07 Billion CN¥52.30 Billion ▲ +1.2 pp
2018 85.5% CN¥14.36 Billion CN¥2.08 Billion CN¥47.48 Billion ▲ +3.1 pp
2017 82.4% CN¥11.95 Billion CN¥2.11 Billion CN¥44.16 Billion ▲ +1.6 pp
2016 80.8% CN¥10.41 Billion CN¥2.00 Billion CN¥46.27 Billion ▲ +0.6 pp
2015 80.2% CN¥10.37 Billion CN¥2.06 Billion CN¥49.00 Billion ▲ +2.2 pp
2014 78.0% CN¥5.67 Billion CN¥1.25 Billion CN¥23.67 Billion ▼ -12.6 pp
2013 90.6% CN¥3.92 Billion CN¥367.25 Million CN¥12.60 Billion ▼ -1.0 pp
2012 91.6% CN¥4.25 Billion CN¥356.37 Million CN¥10.86 Billion ▲ +0.4 pp
2011 91.2% CN¥4.20 Billion CN¥367.61 Million CN¥11.89 Billion ▼ -0.7 pp
2010 91.9% CN¥3.75 Billion CN¥302.44 Million CN¥12.16 Billion ▼ -5.3 pp
2009 97.3% CN¥3.26 Billion CN¥88.83 Million CN¥9.81 Billion ▲ +0.4 pp
2008 96.8% CN¥2.84 Billion CN¥89.83 Million CN¥10.26 Billion ▲ +0.5 pp
2007 96.3% CN¥2.53 Billion CN¥92.92 Million CN¥11.03 Billion ▲ +2.5 pp
2006 93.8% CN¥1.16 Billion CN¥71.79 Million CN¥7.48 Billion ▲ +2.8 pp
2005 91.1% CN¥858.18 Million CN¥76.72 Million CN¥2.54 Billion ▲ +1.3 pp
2004 89.8% CN¥762.47 Million CN¥77.84 Million CN¥2.21 Billion ▲ +0.6 pp
2003 89.2% CN¥736.32 Million CN¥79.60 Million CN¥2.51 Billion ▼ -0.3 pp
2002 89.5% CN¥694.33 Million CN¥72.75 Million CN¥3.19 Billion ▲ +1.1 pp
2001 88.4% CN¥679.82 Million CN¥78.99 Million CN¥2.51 Billion ▲ +3.5 pp
2000 84.9% CN¥685.79 Million CN¥103.61 Million CN¥2.42 Billion ▼ -7.7 pp
1999 92.5% CN¥1.41 Billion CN¥105.00 Million CN¥3.47 Billion ▼ -1.4 pp
1998 93.9% CN¥1.40 Billion CN¥85.26 Million CN¥3.36 Billion ▲ +0.2 pp
1997 93.7% CN¥1.38 Billion CN¥86.52 Million CN¥3.17 Billion ▼ -0.1 pp
1996 93.9% CN¥1.37 Billion CN¥83.72 Million CN¥2.72 Billion ▼ -1.0 pp
1995 94.9% CN¥1.36 Billion CN¥69.40 Million CN¥3.03 Billion ▼ -0.9 pp
1993 95.8% CN¥1.20 Billion CN¥50.94 Million CN¥2.00 Billion
pp = percentage points