Wuchan Zhongda Group Co Ltd (600704) — Tangible Net Worth Ratio
Wuchan Zhongda Group Co Ltd (600704) has a Tangible Net Worth Ratio of 92.7% as of September 2025. This metric is calculated by deducting intangible assets (CN¥4.23 Billion) from net assets (CN¥57.59 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 how liquid is Wuchan Zhongda Group Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Wuchan Zhongda Group Co Ltd Tangible Net Worth Ratio (1995–2024)
This chart shows how Wuchan Zhongda Group Co Ltd's Tangible Net Worth Ratio has changed across 30 annual periods from 1995 to 2024. As of September 2025, the ratio stands at 92.7%, reflecting net assets of CN¥57.59 Billion with intangible assets of CN¥4.23 Billion CNY. See 600704 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Wuchan Zhongda Group Co Ltd (1995–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Wuchan Zhongda Group Co Ltd from 1995 to 2024, covering 30 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 Wuchan Zhongda Group Co Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 92.4% | CN¥57.92 Billion | CN¥4.43 Billion | CN¥175.88 Billion | ▲ +1.8 pp |
| 2023 | 90.6% | CN¥51.34 Billion | CN¥4.83 Billion | CN¥166.13 Billion | ▲ +3.2 pp |
| 2022 | 87.4% | CN¥45.98 Billion | CN¥5.79 Billion | CN¥145.05 Billion | ▲ +0.8 pp |
| 2021 | 86.6% | CN¥39.30 Billion | CN¥5.26 Billion | CN¥129.45 Billion | ▼ -0.6 pp |
| 2020 | 87.2% | CN¥33.90 Billion | CN¥4.35 Billion | CN¥106.65 Billion | ▼ -7.5 pp |
| 2019 | 94.7% | CN¥30.65 Billion | CN¥1.62 Billion | CN¥93.33 Billion | ▲ +1.2 pp |
| 2018 | 93.5% | CN¥29.04 Billion | CN¥1.90 Billion | CN¥86.05 Billion | ▼ -0.1 pp |
| 2017 | 93.6% | CN¥26.36 Billion | CN¥1.69 Billion | CN¥85.94 Billion | ▼ -0.4 pp |
| 2016 | 93.9% | CN¥23.75 Billion | CN¥1.44 Billion | CN¥76.57 Billion | ▲ +1.0 pp |
| 2015 | 93.0% | CN¥22.09 Billion | CN¥1.55 Billion | CN¥72.97 Billion | ▲ +3.7 pp |
| 2014 | 89.2% | CN¥7.29 Billion | CN¥783.97 Million | CN¥30.32 Billion | ▲ +2.8 pp |
| 2013 | 86.5% | CN¥5.70 Billion | CN¥772.26 Million | CN¥27.40 Billion | ▲ +0.7 pp |
| 2012 | 85.8% | CN¥5.43 Billion | CN¥772.25 Million | CN¥24.27 Billion | ▲ +3.1 pp |
| 2011 | 82.7% | CN¥4.09 Billion | CN¥709.34 Million | CN¥22.33 Billion | ▲ +0.3 pp |
| 2010 | 82.4% | CN¥3.59 Billion | CN¥633.10 Million | CN¥18.59 Billion | ▲ +1.4 pp |
| 2009 | 80.9% | CN¥3.13 Billion | CN¥597.12 Million | CN¥15.87 Billion | ▼ -19.1 pp |
| 2008 | 100.0% | CN¥1.85 Billion | CN¥263.46K | CN¥6.89 Billion | ▲ +0.1 pp |
| 2007 | 99.9% | CN¥1.96 Billion | CN¥2.43 Million | CN¥7.02 Billion | ▲ +0.1 pp |
| 2006 | 99.8% | CN¥1.33 Billion | CN¥2.47 Million | CN¥4.90 Billion | ▲ +0.3 pp |
| 2005 | 99.5% | CN¥1.31 Billion | CN¥6.55 Million | CN¥3.91 Billion | ▲ +0.0 pp |
| 2004 | 99.5% | CN¥1.25 Billion | CN¥6.80 Million | CN¥3.49 Billion | ▲ +0.1 pp |
| 2003 | 99.4% | CN¥1.25 Billion | CN¥7.50 Million | CN¥3.38 Billion | ▲ +0.1 pp |
| 2002 | 99.3% | CN¥1.14 Billion | CN¥7.79 Million | CN¥3.03 Billion | ▼ 0.0 pp |
| 2001 | 99.3% | CN¥1.13 Billion | CN¥7.68 Million | CN¥2.71 Billion | ▲ +0.0 pp |
| 2000 | 99.3% | CN¥1.08 Billion | CN¥7.87 Million | CN¥2.78 Billion | ▲ +0.1 pp |
| 1999 | 99.1% | CN¥924.81 Million | CN¥8.07 Million | CN¥2.98 Billion | ▲ +0.7 pp |
| 1998 | 98.5% | CN¥823.39 Million | CN¥12.74 Million | CN¥2.34 Billion | ▲ +0.3 pp |
| 1997 | 98.2% | CN¥710.32 Million | CN¥13.02 Million | CN¥1.96 Billion | ▲ +0.2 pp |
| 1996 | 97.9% | CN¥429.26 Million | CN¥8.90 Million | CN¥1.15 Billion | ▲ +0.2 pp |
| 1995 | 97.7% | CN¥253.23 Million | CN¥5.74 Million | CN¥749.83 Million | — |