Dashang Co Ltd (600694) — Tangible Net Worth Ratio

Latest as of March 2026: 92.9%

Dashang Co Ltd (600694) has a Tangible Net Worth Ratio of 92.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥672.77 Million) from net assets (CN¥9.49 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 600694 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

92.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥9.49 Billion
CNY

Intangible Assets

CN¥672.77 Million
Goodwill, patents, brand value

Total Assets

CN¥17.75 Billion
CNY

Dashang Co Ltd Tangible Net Worth Ratio (1990–2025)

This chart shows how Dashang Co Ltd's Tangible Net Worth Ratio has changed across 36 annual periods from 1990 to 2025. As of March 2026, the ratio stands at 92.9%, reflecting net assets of CN¥9.49 Billion with intangible assets of CN¥672.77 Million CNY. See 600694 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Dashang Co Ltd (1990–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Dashang Co Ltd from 1990 to 2025, covering 36 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 Dashang Co Ltd worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 92.5% CN¥9.20 Billion CN¥686.73 Million CN¥17.21 Billion ▲ +0.7 pp
2024 91.9% CN¥9.01 Billion CN¥733.76 Million CN¥17.79 Billion ▲ +0.8 pp
2023 91.0% CN¥8.67 Billion CN¥777.18 Million CN¥18.04 Billion ▲ +1.1 pp
2022 89.9% CN¥8.27 Billion CN¥832.24 Million CN¥18.15 Billion ▼ -2.3 pp
2021 92.2% CN¥9.05 Billion CN¥703.04 Million CN¥19.52 Billion ▼ -0.1 pp
2020 92.4% CN¥9.57 Billion CN¥729.92 Million CN¥17.27 Billion ▲ +0.7 pp
2019 91.7% CN¥9.27 Billion CN¥768.30 Million CN¥18.95 Billion ▲ +1.4 pp
2018 90.4% CN¥8.35 Billion CN¥805.61 Million CN¥17.67 Billion ▲ +1.4 pp
2017 89.0% CN¥7.66 Billion CN¥843.47 Million CN¥17.64 Billion ▲ +1.4 pp
2016 87.5% CN¥7.08 Billion CN¥882.13 Million CN¥17.94 Billion ▲ +6.2 pp
2015 81.4% CN¥6.64 Billion CN¥1.24 Billion CN¥16.57 Billion ▲ +1.8 pp
2014 79.5% CN¥6.34 Billion CN¥1.30 Billion CN¥14.79 Billion ▼ -2.3 pp
2013 81.8% CN¥5.50 Billion CN¥999.47 Million CN¥15.00 Billion ▲ +4.2 pp
2012 77.6% CN¥4.60 Billion CN¥1.03 Billion CN¥14.23 Billion ▲ +5.7 pp
2011 71.9% CN¥3.81 Billion CN¥1.07 Billion CN¥13.21 Billion ▲ +3.9 pp
2010 68.0% CN¥3.20 Billion CN¥1.02 Billion CN¥11.92 Billion ▼ -0.9 pp
2009 68.9% CN¥3.11 Billion CN¥967.06 Million CN¥11.03 Billion ▲ +1.0 pp
2008 67.9% CN¥3.21 Billion CN¥1.03 Billion CN¥9.49 Billion ▼ -0.4 pp
2007 68.3% CN¥2.98 Billion CN¥944.50 Million CN¥9.09 Billion ▼ -31.4 pp
2006 99.7% CN¥2.63 Billion CN¥6.66 Million CN¥7.69 Billion ▼ 0.0 pp
2005 99.8% CN¥2.43 Billion CN¥5.06 Million CN¥6.28 Billion ▲ +0.3 pp
2004 99.5% CN¥2.04 Billion CN¥9.98 Million CN¥6.36 Billion ▲ +0.2 pp
2003 99.4% CN¥1.41 Billion CN¥9.13 Million CN¥4.32 Billion ▼ -0.3 pp
2002 99.6% CN¥1.30 Billion CN¥5.08 Million CN¥3.94 Billion ▲ +0.7 pp
2001 98.9% CN¥1.26 Billion CN¥13.26 Million CN¥2.51 Billion ▲ +20.3 pp
2000 78.7% CN¥829.29 Million CN¥177.01 Million CN¥1.30 Billion ▲ +2.3 pp
1999 76.4% CN¥793.36 Million CN¥187.54 Million CN¥1.17 Billion ▼ -7.2 pp
1998 83.6% CN¥441.61 Million CN¥72.44 Million CN¥838.22 Million ▼ -14.3 pp
1997 97.9% CN¥425.76 Million CN¥8.82 Million CN¥562.01 Million ▲ +0.1 pp
1996 97.8% CN¥366.06 Million CN¥8.00 Million CN¥558.04 Million ▲ +2.3 pp
1995 95.5% CN¥310.80 Million CN¥14.06 Million CN¥525.81 Million ▼ -4.5 pp
1994 100.0% CN¥278.55 Million CN¥0.00 CN¥443.21 Million ▲ +2.8 pp
1993 97.2% CN¥241.61 Million CN¥6.80 Million CN¥357.42 Million ▼ -2.8 pp
1992 100.0% CN¥52.88 Million CN¥0.00 CN¥175.66 Million ▲ +0.0 pp
1991 100.0% CN¥34.42 Million CN¥0.00 CN¥134.84 Million ▲ +0.0 pp
1990 100.0% CN¥31.90 Million CN¥0.00 CN¥114.05 Million
pp = percentage points