Liaoning Cheng Da Co Ltd (600739) — Tangible Net Worth Ratio

Latest as of March 2026: 97.6%

Liaoning Cheng Da Co Ltd (600739) has a Tangible Net Worth Ratio of 97.6% as of March 2026. This metric is calculated by deducting intangible assets (CN¥810.78 Million) from net assets (CN¥33.17 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 Liaoning Cheng Da Co Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

97.6%
Tangible equity / total equity

Net Assets (Equity)

CN¥33.17 Billion
CNY

Intangible Assets

CN¥810.78 Million
Goodwill, patents, brand value

Total Assets

CN¥50.48 Billion
CNY

Liaoning Cheng Da Co Ltd Tangible Net Worth Ratio (1993–2025)

This chart shows how Liaoning Cheng Da Co Ltd's Tangible Net Worth Ratio has changed across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 97.6%, reflecting net assets of CN¥33.17 Billion with intangible assets of CN¥810.78 Million CNY. See defensive interval ratio of Liaoning Cheng Da Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Liaoning Cheng Da Co Ltd (1993–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Liaoning Cheng Da Co Ltd from 1993 to 2025, covering 33 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 Liaoning Cheng Da Co Ltd.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 97.5% CN¥32.48 Billion CN¥810.65 Million CN¥49.07 Billion ▲ +1.1 pp
2024 96.4% CN¥32.38 Billion CN¥1.15 Billion CN¥47.84 Billion ▼ -1.3 pp
2023 97.7% CN¥31.62 Billion CN¥726.99 Million CN¥46.90 Billion ▲ +0.5 pp
2022 97.2% CN¥32.23 Billion CN¥893.67 Million CN¥48.15 Billion ▼ -0.1 pp
2021 97.4% CN¥31.48 Billion CN¥832.53 Million CN¥48.02 Billion ▲ +0.6 pp
2020 96.7% CN¥25.01 Billion CN¥813.00 Million CN¥39.16 Billion ▲ +1.2 pp
2019 95.6% CN¥22.94 Billion CN¥1.01 Billion CN¥39.23 Billion ▲ +0.0 pp
2018 95.6% CN¥21.61 Billion CN¥954.80 Million CN¥35.78 Billion ▼ -0.2 pp
2017 95.7% CN¥21.37 Billion CN¥910.01 Million CN¥35.52 Billion ▲ +0.5 pp
2016 95.2% CN¥20.00 Billion CN¥953.01 Million CN¥33.25 Billion ▲ +0.6 pp
2015 94.6% CN¥18.69 Billion CN¥1.01 Billion CN¥26.61 Billion ▲ +2.7 pp
2014 91.9% CN¥14.89 Billion CN¥1.20 Billion CN¥20.28 Billion ▼ -4.0 pp
2013 95.9% CN¥11.85 Billion CN¥480.52 Million CN¥17.89 Billion ▼ -0.3 pp
2012 96.2% CN¥11.05 Billion CN¥419.07 Million CN¥15.92 Billion ▼ -0.1 pp
2011 96.3% CN¥10.26 Billion CN¥382.12 Million CN¥14.48 Billion ▼ -0.8 pp
2010 97.0% CN¥8.07 Billion CN¥239.54 Million CN¥10.23 Billion ▼ -0.1 pp
2009 97.1% CN¥6.87 Billion CN¥198.06 Million CN¥8.38 Billion ▼ -0.3 pp
2008 97.4% CN¥5.31 Billion CN¥139.50 Million CN¥6.58 Billion ▼ -2.0 pp
2007 99.3% CN¥4.83 Billion CN¥31.50 Million CN¥6.48 Billion ▲ +0.8 pp
2006 98.6% CN¥1.75 Billion CN¥24.68 Million CN¥3.56 Billion ▲ +0.8 pp
2005 97.8% CN¥1.29 Billion CN¥28.48 Million CN¥3.17 Billion ▼ -1.2 pp
2004 99.0% CN¥1.21 Billion CN¥12.57 Million CN¥2.50 Billion ▲ +0.1 pp
2003 98.9% CN¥1.17 Billion CN¥13.14 Million CN¥2.36 Billion ▲ +0.6 pp
2002 98.2% CN¥899.86 Million CN¥15.99 Million CN¥1.84 Billion ▲ +0.2 pp
2001 98.0% CN¥827.62 Million CN¥16.70 Million CN¥1.39 Billion ▲ +0.4 pp
2000 97.5% CN¥736.76 Million CN¥18.09 Million CN¥1.28 Billion ▲ +0.6 pp
1999 97.0% CN¥618.82 Million CN¥18.86 Million CN¥929.04 Million ▲ +1.0 pp
1998 96.0% CN¥485.38 Million CN¥19.53 Million CN¥778.86 Million ▲ +0.9 pp
1997 95.1% CN¥370.14 Million CN¥18.21 Million CN¥656.60 Million ▲ +2.4 pp
1996 92.7% CN¥263.49 Million CN¥19.16 Million CN¥508.90 Million ▲ +4.1 pp
1995 88.6% CN¥140.88 Million CN¥16.02 Million CN¥423.44 Million ▼ -11.4 pp
1994 100.0% CN¥122.46 Million CN¥0.00 CN¥416.42 Million ▲ +0.0 pp
1993 100.0% CN¥111.50 Million CN¥0.00 CN¥427.04 Million
pp = percentage points