Shaanxi Construction Machinery Co Ltd (600984) — Tangible Net Worth Ratio

Latest as of September 2025: 94.6%

Shaanxi Construction Machinery Co Ltd (600984) has a Tangible Net Worth Ratio of 94.6% as of September 2025. This metric is calculated by deducting intangible assets (CN¥236.90 Million) from net assets (CN¥4.38 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 Shaanxi Construction Machinery Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

94.6%
Tangible equity / total equity

Net Assets (Equity)

CN¥4.38 Billion
CNY

Intangible Assets

CN¥236.90 Million
Goodwill, patents, brand value

Total Assets

CN¥15.56 Billion
CNY

Shaanxi Construction Machinery Co Ltd Tangible Net Worth Ratio (2001–2024)

This chart shows how Shaanxi Construction Machinery 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 94.6%, reflecting net assets of CN¥4.38 Billion with intangible assets of CN¥236.90 Million CNY. See 600984 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shaanxi Construction Machinery Co Ltd (2001–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shaanxi Construction Machinery 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. For the full company profile including market capitalisation, see 600984 market cap.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 94.1% CN¥4.28 Billion CN¥254.14 Million CN¥16.98 Billion ▼ -1.1 pp
2023 95.1% CN¥5.26 Billion CN¥255.41 Million CN¥17.57 Billion ▼ -0.5 pp
2022 95.6% CN¥6.01 Billion CN¥263.17 Million CN¥17.99 Billion ▼ -0.2 pp
2021 95.8% CN¥6.10 Billion CN¥257.10 Million CN¥17.60 Billion ▼ -0.4 pp
2020 96.1% CN¥5.82 Billion CN¥224.37 Million CN¥15.14 Billion ▼ -0.1 pp
2019 96.3% CN¥3.80 Billion CN¥141.50 Million CN¥10.36 Billion ▼ -0.9 pp
2018 97.2% CN¥3.38 Billion CN¥96.33 Million CN¥7.95 Billion ▼ -0.7 pp
2017 97.9% CN¥3.22 Billion CN¥69.16 Million CN¥6.54 Billion ▲ +0.1 pp
2016 97.7% CN¥3.19 Billion CN¥72.06 Million CN¥5.53 Billion ▲ +0.2 pp
2015 97.6% CN¥3.11 Billion CN¥74.86 Million CN¥5.13 Billion ▼ -0.1 pp
2014 97.6% CN¥589.98 Million CN¥13.90 Million CN¥1.03 Billion ▼ -0.3 pp
2013 97.9% CN¥712.46 Million CN¥14.89 Million CN¥1.06 Billion ▲ +3.3 pp
2012 94.6% CN¥291.60 Million CN¥15.69 Million CN¥1.01 Billion ▲ +0.1 pp
2011 94.5% CN¥282.89 Million CN¥15.55 Million CN¥866.67 Million ▲ +0.5 pp
2010 94.0% CN¥272.07 Million CN¥16.25 Million CN¥840.11 Million ▼ -5.0 pp
2009 99.0% CN¥269.62 Million CN¥2.57 Million CN¥759.45 Million ▲ +0.2 pp
2008 98.9% CN¥288.57 Million CN¥3.21 Million CN¥753.88 Million ▼ -0.3 pp
2007 99.1% CN¥349.71 Million CN¥2.98 Million CN¥724.02 Million ▲ +0.2 pp
2006 98.9% CN¥344.28 Million CN¥3.67 Million CN¥696.44 Million ▲ +0.0 pp
2005 98.9% CN¥403.96 Million CN¥4.44 Million CN¥807.05 Million ▼ -0.5 pp
2004 99.4% CN¥481.92 Million CN¥3.07 Million CN¥974.47 Million ▲ +0.9 pp
2003 98.5% CN¥221.02 Million CN¥3.36 Million CN¥564.22 Million ▲ +0.6 pp
2002 97.9% CN¥186.05 Million CN¥3.90 Million CN¥522.57 Million ▼ -0.4 pp
2001 98.3% CN¥153.74 Million CN¥2.64 Million CN¥441.26 Million
pp = percentage points