Shanghai Haixin Group Co Ltd A (600851) — Tangible Net Worth Ratio

Latest as of March 2026: 99.8%

Shanghai Haixin Group Co Ltd A (600851) has a Tangible Net Worth Ratio of 99.8% as of March 2026. This metric is calculated by deducting intangible assets (CN¥7.47 Million) from net assets (CN¥4.75 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 600851 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥4.75 Billion
CNY

Intangible Assets

CN¥7.47 Million
Goodwill, patents, brand value

Total Assets

CN¥5.56 Billion
CNY

Shanghai Haixin Group Co Ltd A Tangible Net Worth Ratio (1993–2025)

This chart shows how Shanghai Haixin Group Co Ltd A's Tangible Net Worth Ratio has changed across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 99.8%, reflecting net assets of CN¥4.75 Billion with intangible assets of CN¥7.47 Million CNY. See Shanghai Haixin Group Co Ltd A (600851) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shanghai Haixin Group Co Ltd A (1993–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Haixin Group Co Ltd A 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 Shanghai Haixin Group Co Ltd A market cap and net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 99.8% CN¥4.92 Billion CN¥7.58 Million CN¥5.84 Billion ▲ +0.1 pp
2024 99.7% CN¥4.50 Billion CN¥12.73 Million CN¥5.33 Billion ▲ +0.0 pp
2023 99.7% CN¥4.14 Billion CN¥13.31 Million CN¥4.91 Billion ▲ +0.3 pp
2022 99.4% CN¥4.02 Billion CN¥23.67 Million CN¥4.93 Billion ▼ 0.0 pp
2021 99.4% CN¥4.28 Billion CN¥24.38 Million CN¥5.33 Billion ▲ +1.7 pp
2020 97.7% CN¥4.38 Billion CN¥99.67 Million CN¥5.63 Billion ▲ +0.1 pp
2019 97.7% CN¥4.05 Billion CN¥95.07 Million CN¥5.16 Billion ▼ 0.0 pp
2018 97.7% CN¥3.63 Billion CN¥83.77 Million CN¥4.51 Billion ▼ -0.4 pp
2017 98.1% CN¥3.95 Billion CN¥76.89 Million CN¥4.89 Billion ▼ -0.3 pp
2016 98.4% CN¥4.34 Billion CN¥71.01 Million CN¥5.43 Billion ▼ -0.2 pp
2015 98.6% CN¥4.80 Billion CN¥67.27 Million CN¥6.04 Billion ▲ +0.1 pp
2014 98.5% CN¥5.54 Billion CN¥84.76 Million CN¥7.27 Billion ▲ +1.0 pp
2013 97.5% CN¥3.22 Billion CN¥80.73 Million CN¥4.39 Billion ▲ +0.1 pp
2012 97.4% CN¥3.11 Billion CN¥81.33 Million CN¥4.35 Billion ▲ +0.5 pp
2011 96.9% CN¥2.76 Billion CN¥85.61 Million CN¥3.97 Billion ▼ -0.3 pp
2010 97.2% CN¥3.26 Billion CN¥91.14 Million CN¥4.67 Billion ▼ -0.6 pp
2009 97.8% CN¥4.27 Billion CN¥93.99 Million CN¥6.18 Billion ▲ +1.5 pp
2008 96.3% CN¥2.79 Billion CN¥103.46 Million CN¥4.19 Billion ▼ -1.6 pp
2007 97.9% CN¥6.23 Billion CN¥131.03 Million CN¥8.92 Billion ▲ +2.0 pp
2006 95.9% CN¥2.38 Billion CN¥97.84 Million CN¥3.93 Billion ▲ +0.0 pp
2005 95.9% CN¥2.41 Billion CN¥99.53 Million CN¥3.81 Billion ▼ -0.4 pp
2004 96.3% CN¥2.43 Billion CN¥89.50 Million CN¥3.82 Billion ▲ +0.2 pp
2003 96.1% CN¥2.35 Billion CN¥91.59 Million CN¥3.57 Billion ▼ -0.5 pp
2002 96.6% CN¥2.10 Billion CN¥71.64 Million CN¥3.30 Billion ▼ -1.7 pp
2001 98.2% CN¥1.96 Billion CN¥34.34 Million CN¥3.02 Billion ▲ +0.8 pp
2000 97.5% CN¥1.85 Billion CN¥46.63 Million CN¥2.67 Billion ▼ -1.1 pp
1999 98.6% CN¥970.14 Million CN¥13.91 Million CN¥1.75 Billion ▼ -0.2 pp
1998 98.8% CN¥875.84 Million CN¥10.72 Million CN¥1.51 Billion ▲ +0.0 pp
1997 98.8% CN¥855.56 Million CN¥10.67 Million CN¥1.48 Billion ▲ +0.5 pp
1996 98.2% CN¥614.12 Million CN¥10.92 Million CN¥1.06 Billion ▼ -0.1 pp
1995 98.3% CN¥539.86 Million CN¥9.22 Million CN¥757.31 Million ▼ -0.8 pp
1994 99.1% CN¥441.79 Million CN¥3.82 Million CN¥536.72 Million ▲ +0.2 pp
1993 98.9% CN¥391.15 Million CN¥4.25 Million CN¥467.68 Million
pp = percentage points