Ningxia Baofeng Energy Group Co Ltd (600989) — Tangible Net Worth Ratio
Ningxia Baofeng Energy Group Co Ltd (600989) has a Tangible Net Worth Ratio of 90.6% as of March 2026. This metric is calculated by deducting intangible assets (CN¥4.90 Billion) from net assets (CN¥52.12 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 600989 total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ningxia Baofeng Energy Group Co Ltd Tangible Net Worth Ratio (2007–2025)
This chart shows how Ningxia Baofeng Energy Group Co Ltd's Tangible Net Worth Ratio has changed across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 90.6%, reflecting net assets of CN¥52.12 Billion with intangible assets of CN¥4.90 Billion CNY. Also explore how fast is Ningxia Baofeng Energy Group Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Ningxia Baofeng Energy Group Co Ltd (2007–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Ningxia Baofeng Energy Group Co Ltd from 2007 to 2025, covering 19 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 600989 stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 89.9% | CN¥48.61 Billion | CN¥4.92 Billion | CN¥90.15 Billion | ▲ +1.5 pp |
| 2024 | 88.3% | CN¥43.11 Billion | CN¥5.03 Billion | CN¥89.57 Billion | ▲ +1.7 pp |
| 2023 | 86.7% | CN¥38.61 Billion | CN¥5.15 Billion | CN¥71.63 Billion | ▲ +0.4 pp |
| 2022 | 86.3% | CN¥33.95 Billion | CN¥4.66 Billion | CN¥57.58 Billion | ▲ +1.2 pp |
| 2021 | 85.1% | CN¥30.77 Billion | CN¥4.60 Billion | CN¥44.37 Billion | ▼ -0.3 pp |
| 2020 | 85.4% | CN¥25.99 Billion | CN¥3.80 Billion | CN¥38.11 Billion | ▼ -0.9 pp |
| 2019 | 86.3% | CN¥23.43 Billion | CN¥3.22 Billion | CN¥33.29 Billion | ▲ +3.6 pp |
| 2018 | 82.7% | CN¥13.68 Billion | CN¥2.37 Billion | CN¥26.83 Billion | ▲ +3.6 pp |
| 2017 | 79.1% | CN¥11.46 Billion | CN¥2.39 Billion | CN¥25.03 Billion | ▼ -0.6 pp |
| 2016 | 79.7% | CN¥10.89 Billion | CN¥2.21 Billion | CN¥27.66 Billion | ▼ -8.4 pp |
| 2015 | 88.2% | CN¥9.11 Billion | CN¥1.08 Billion | CN¥26.26 Billion | ▲ +1.7 pp |
| 2014 | 86.4% | CN¥7.57 Billion | CN¥1.03 Billion | CN¥25.07 Billion | ▲ +0.1 pp |
| 2013 | 86.3% | CN¥6.68 Billion | CN¥913.31 Million | CN¥20.45 Billion | ▲ +4.2 pp |
| 2012 | 82.1% | CN¥4.80 Billion | CN¥860.82 Million | CN¥15.87 Billion | ▲ +11.7 pp |
| 2011 | 70.4% | CN¥3.69 Billion | CN¥1.09 Billion | CN¥12.77 Billion | ▲ +6.6 pp |
| 2010 | 63.8% | CN¥2.87 Billion | CN¥1.04 Billion | CN¥9.52 Billion | ▲ +1.7 pp |
| 2009 | 62.1% | CN¥2.23 Billion | CN¥843.50 Million | CN¥7.38 Billion | ▼ -6.4 pp |
| 2008 | 68.5% | CN¥2.10 Billion | CN¥661.68 Million | CN¥5.63 Billion | ▲ +21.0 pp |
| 2007 | 47.4% | CN¥1.19 Billion | CN¥625.84 Million | CN¥3.17 Billion | — |