Shandong Binzhou Bohai Piston Co Ltd (600960) — Tangible Net Worth Ratio

Latest as of March 2026: 94.6%

Shandong Binzhou Bohai Piston Co Ltd (600960) has a Tangible Net Worth Ratio of 94.6% as of March 2026. This metric is calculated by deducting intangible assets (CN¥190.81 Million) from net assets (CN¥3.57 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. Also explore Shandong Binzhou Bohai Piston Co Ltd (600960) net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

94.6%
Tangible equity / total equity

Net Assets (Equity)

CN¥3.57 Billion
CNY

Intangible Assets

CN¥190.81 Million
Goodwill, patents, brand value

Total Assets

CN¥6.27 Billion
CNY

Shandong Binzhou Bohai Piston Co Ltd Tangible Net Worth Ratio (2001–2024)

This chart shows how Shandong Binzhou Bohai Piston Co Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 2001 to 2024. As of March 2026, the ratio stands at 94.6%, reflecting net assets of CN¥3.57 Billion with intangible assets of CN¥190.81 Million CNY. For live market cap and overall valuation, see Shandong Binzhou Bohai Piston Co Ltd stock valuation.

Annual Tangible Net Worth Ratio for Shandong Binzhou Bohai Piston Co Ltd (2001–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shandong Binzhou Bohai Piston Co Ltd from 2001 to 2024, covering 24 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. Explore Shandong Binzhou Bohai Piston Co Ltd capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 94.3% CN¥3.52 Billion CN¥199.30 Million CN¥7.41 Billion ▼ -0.3 pp
2023 94.6% CN¥4.51 Billion CN¥242.95 Million CN¥7.59 Billion ▲ +0.5 pp
2022 94.1% CN¥4.60 Billion CN¥269.49 Million CN¥7.39 Billion ▼ -0.5 pp
2021 94.6% CN¥5.26 Billion CN¥284.04 Million CN¥8.25 Billion ▲ +0.5 pp
2020 94.1% CN¥5.26 Billion CN¥312.40 Million CN¥9.20 Billion ▲ +0.3 pp
2019 93.8% CN¥5.12 Billion CN¥318.33 Million CN¥8.89 Billion ▲ +0.2 pp
2018 93.6% CN¥5.22 Billion CN¥335.28 Million CN¥9.48 Billion ▼ -1.5 pp
2017 95.1% CN¥4.71 Billion CN¥232.02 Million CN¥6.78 Billion ▲ +0.1 pp
2016 94.9% CN¥4.35 Billion CN¥220.36 Million CN¥6.70 Billion ▲ +2.2 pp
2015 92.8% CN¥2.09 Billion CN¥151.37 Million CN¥3.00 Billion ▲ +0.2 pp
2014 92.6% CN¥2.08 Billion CN¥154.17 Million CN¥2.98 Billion ▲ +6.8 pp
2013 85.8% CN¥985.97 Million CN¥140.45 Million CN¥2.09 Billion ▲ +1.0 pp
2012 84.7% CN¥926.30 Million CN¥141.65 Million CN¥2.05 Billion ▼ -14.0 pp
2011 98.7% CN¥891.72 Million CN¥11.53 Million CN¥2.01 Billion ▲ +0.2 pp
2010 98.5% CN¥806.18 Million CN¥11.85 Million CN¥2.07 Billion ▲ +0.3 pp
2009 98.2% CN¥693.70 Million CN¥12.18 Million CN¥1.98 Billion ▲ +0.2 pp
2008 98.0% CN¥641.05 Million CN¥12.50 Million CN¥2.22 Billion ▲ +0.7 pp
2007 97.3% CN¥635.36 Million CN¥16.93 Million CN¥1.85 Billion ▲ +0.5 pp
2006 96.8% CN¥597.30 Million CN¥18.92 Million CN¥1.73 Billion ▲ +0.3 pp
2005 96.5% CN¥575.36 Million CN¥19.97 Million CN¥1.45 Billion ▼ -2.3 pp
2004 98.8% CN¥575.08 Million CN¥6.93 Million CN¥1.17 Billion ▲ +2.1 pp
2003 96.7% CN¥228.96 Million CN¥7.61 Million CN¥703.41 Million ▲ +0.9 pp
2002 95.7% CN¥194.27 Million CN¥8.29 Million CN¥488.95 Million ▲ +1.1 pp
2001 94.6% CN¥166.54 Million CN¥8.97 Million CN¥409.35 Million
pp = percentage points