Ningbo Thermal Power Co Ltd (600982) — Tangible Net Worth Ratio

Latest as of September 2025: 92.7%

Ningbo Thermal Power Co Ltd (600982) has a Tangible Net Worth Ratio of 92.7% as of September 2025. This metric is calculated by deducting intangible assets (CN¥392.88 Million) from net assets (CN¥5.40 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 600982 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

92.7%
Tangible equity / total equity

Net Assets (Equity)

CN¥5.40 Billion
CNY

Intangible Assets

CN¥392.88 Million
Goodwill, patents, brand value

Total Assets

CN¥16.53 Billion
CNY

Ningbo Thermal Power Co Ltd Tangible Net Worth Ratio (2000–2024)

This chart shows how Ningbo Thermal Power Co Ltd's Tangible Net Worth Ratio has changed across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 92.7%, reflecting net assets of CN¥5.40 Billion with intangible assets of CN¥392.88 Million CNY. See how many days can Ningbo Thermal Power Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Ningbo Thermal Power Co Ltd (2000–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Ningbo Thermal Power Co Ltd from 2000 to 2024, covering 25 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 Ningbo Thermal Power Co Ltd stock valuation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 92.2% CN¥5.17 Billion CN¥401.33 Million CN¥15.21 Billion ▲ +0.4 pp
2023 91.8% CN¥4.99 Billion CN¥408.63 Million CN¥13.78 Billion ▼ -0.3 pp
2022 92.1% CN¥4.69 Billion CN¥372.64 Million CN¥11.70 Billion ▲ +3.3 pp
2021 88.7% CN¥4.41 Billion CN¥496.54 Million CN¥9.99 Billion ▼ -5.2 pp
2020 93.9% CN¥3.98 Billion CN¥241.53 Million CN¥7.10 Billion ▼ -1.3 pp
2019 95.2% CN¥3.71 Billion CN¥176.13 Million CN¥6.14 Billion ▼ -1.0 pp
2018 96.3% CN¥3.42 Billion CN¥127.12 Million CN¥6.44 Billion ▼ -1.3 pp
2017 97.6% CN¥2.72 Billion CN¥65.37 Million CN¥4.34 Billion ▲ +0.2 pp
2016 97.4% CN¥2.60 Billion CN¥66.61 Million CN¥3.47 Billion ▲ +0.0 pp
2015 97.4% CN¥2.62 Billion CN¥68.36 Million CN¥3.28 Billion ▲ +0.2 pp
2014 97.2% CN¥2.50 Billion CN¥70.09 Million CN¥3.02 Billion ▲ +3.7 pp
2013 93.5% CN¥1.10 Billion CN¥71.45 Million CN¥1.77 Billion ▼ -0.7 pp
2012 94.2% CN¥959.12 Million CN¥55.35 Million CN¥1.63 Billion ▼ -0.4 pp
2011 94.6% CN¥746.83 Million CN¥40.48 Million CN¥1.30 Billion ▼ -5.4 pp
2010 100.0% CN¥640.49 Million CN¥0.00 CN¥1.10 Billion ▲ +0.8 pp
2009 99.2% CN¥429.25 Million CN¥3.30 Million CN¥815.23 Million ▲ +2.3 pp
2008 96.9% CN¥399.77 Million CN¥12.20 Million CN¥582.92 Million ▲ +0.2 pp
2007 96.8% CN¥389.14 Million CN¥12.51 Million CN¥555.64 Million ▲ +0.2 pp
2006 96.5% CN¥370.62 Million CN¥12.83 Million CN¥556.18 Million ▲ +0.2 pp
2005 96.3% CN¥358.56 Million CN¥13.15 Million CN¥556.38 Million ▲ +0.2 pp
2004 96.1% CN¥348.74 Million CN¥13.47 Million CN¥506.41 Million ▲ +2.8 pp
2003 93.3% CN¥150.34 Million CN¥10.02 Million CN¥323.33 Million ▲ +0.5 pp
2002 92.8% CN¥143.33 Million CN¥10.26 Million CN¥287.64 Million ▲ +0.1 pp
2001 92.7% CN¥144.54 Million CN¥10.50 Million CN¥211.93 Million ▲ +1.5 pp
2000 91.3% CN¥122.75 Million CN¥10.73 Million CN¥175.35 Million
pp = percentage points