Hunan New Wellful Co Ltd (600975) — Tangible Net Worth Ratio
Hunan New Wellful Co Ltd (600975) has a Tangible Net Worth Ratio of 71.5% as of September 2025. This metric is calculated by deducting intangible assets (CN¥910.40 Million) from net assets (CN¥3.20 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 net asset growth rate of Hunan New Wellful Co Ltd to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hunan New Wellful Co Ltd Tangible Net Worth Ratio (2001–2024)
This chart shows how Hunan New Wellful Co Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 71.5%, reflecting net assets of CN¥3.20 Billion with intangible assets of CN¥910.40 Million CNY. For live market cap and overall valuation, see Hunan New Wellful Co Ltd (600975) total market value.
Annual Tangible Net Worth Ratio for Hunan New Wellful Co Ltd (2001–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Hunan New Wellful 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 600975 capex to operating cash flow 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¥3.21 Billion | CN¥183.58 Million | CN¥12.36 Billion | ▼ -0.6 pp |
| 2023 | 94.8% | CN¥3.17 Billion | CN¥163.40 Million | CN¥12.66 Billion | ▲ +0.5 pp |
| 2022 | 94.3% | CN¥2.91 Billion | CN¥165.49 Million | CN¥10.09 Billion | ▼ -0.9 pp |
| 2021 | 95.2% | CN¥2.23 Billion | CN¥107.04 Million | CN¥5.41 Billion | ▲ +0.1 pp |
| 2020 | 95.1% | CN¥1.50 Billion | CN¥74.13 Million | CN¥2.23 Billion | ▲ +1.3 pp |
| 2019 | 93.8% | CN¥1.23 Billion | CN¥76.46 Million | CN¥1.63 Billion | ▲ +0.6 pp |
| 2018 | 93.2% | CN¥1.16 Billion | CN¥79.29 Million | CN¥1.59 Billion | ▼ -0.5 pp |
| 2017 | 93.6% | CN¥1.27 Billion | CN¥80.85 Million | CN¥1.78 Billion | ▼ -0.1 pp |
| 2016 | 93.7% | CN¥1.30 Billion | CN¥81.90 Million | CN¥1.91 Billion | ▼ -0.1 pp |
| 2015 | 93.7% | CN¥1.13 Billion | CN¥70.72 Million | CN¥1.69 Billion | ▲ +5.8 pp |
| 2014 | 88.0% | CN¥602.03 Million | CN¥72.33 Million | CN¥1.29 Billion | ▼ 0.0 pp |
| 2013 | 88.0% | CN¥621.86 Million | CN¥74.69 Million | CN¥1.20 Billion | ▲ +0.5 pp |
| 2012 | 87.5% | CN¥611.86 Million | CN¥76.51 Million | CN¥920.58 Million | ▼ -9.2 pp |
| 2011 | 96.7% | CN¥539.57 Million | CN¥17.70 Million | CN¥754.04 Million | ▲ +0.6 pp |
| 2010 | 96.1% | CN¥467.48 Million | CN¥18.19 Million | CN¥678.62 Million | ▼ -0.1 pp |
| 2009 | 96.2% | CN¥480.09 Million | CN¥18.07 Million | CN¥756.65 Million | ▲ +0.5 pp |
| 2008 | 95.7% | CN¥444.75 Million | CN¥18.96 Million | CN¥586.98 Million | ▼ -0.2 pp |
| 2007 | 95.9% | CN¥472.61 Million | CN¥19.42 Million | CN¥624.18 Million | ▼ -2.6 pp |
| 2006 | 98.5% | CN¥465.01 Million | CN¥6.95 Million | CN¥510.00 Million | ▼ -0.3 pp |
| 2005 | 98.8% | CN¥477.87 Million | CN¥5.92 Million | CN¥507.11 Million | ▲ +0.1 pp |
| 2004 | 98.6% | CN¥456.88 Million | CN¥6.18 Million | CN¥543.26 Million | ▲ +3.3 pp |
| 2003 | 95.4% | CN¥157.99 Million | CN¥7.34 Million | CN¥232.65 Million | ▲ +3.5 pp |
| 2002 | 91.9% | CN¥137.49 Million | CN¥11.20 Million | CN¥210.49 Million | ▼ -2.8 pp |
| 2001 | 94.6% | CN¥126.74 Million | CN¥6.80 Million | CN¥175.01 Million | — |