Jointown Pharmaceutical Group Co Ltd (600998) — Tangible Net Worth Ratio

Latest as of September 2025: 92.8%

Jointown Pharmaceutical Group Co Ltd (600998) has a Tangible Net Worth Ratio of 92.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥2.53 Billion) from net assets (CN¥35.07 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 what is Jointown Pharmaceutical Group Co Ltd's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

92.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥35.07 Billion
CNY

Intangible Assets

CN¥2.53 Billion
Goodwill, patents, brand value

Total Assets

CN¥112.28 Billion
CNY

Jointown Pharmaceutical Group Co Ltd Tangible Net Worth Ratio (2007–2024)

This chart shows how Jointown Pharmaceutical Group Co Ltd's Tangible Net Worth Ratio has changed across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 92.8%, reflecting net assets of CN¥35.07 Billion with intangible assets of CN¥2.53 Billion CNY. Also explore 600998 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Jointown Pharmaceutical Group Co Ltd (2007–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Jointown Pharmaceutical Group Co Ltd from 2007 to 2024, covering 18 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 market cap of Jointown Pharmaceutical Group Co Ltd.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 93.4% CN¥33.59 Billion CN¥2.20 Billion CN¥102.40 Billion ▲ +0.4 pp
2023 93.1% CN¥29.48 Billion CN¥2.05 Billion CN¥92.79 Billion ▲ +0.0 pp
2022 93.0% CN¥28.69 Billion CN¥2.00 Billion CN¥92.27 Billion ▲ +1.4 pp
2021 91.6% CN¥27.07 Billion CN¥2.27 Billion CN¥85.94 Billion ▲ +0.5 pp
2020 91.1% CN¥25.62 Billion CN¥2.27 Billion CN¥80.82 Billion ▲ +1.3 pp
2019 89.8% CN¥21.97 Billion CN¥2.23 Billion CN¥71.15 Billion ▼ -3.8 pp
2018 93.7% CN¥20.38 Billion CN¥1.29 Billion CN¥66.67 Billion ▼ -0.4 pp
2017 94.0% CN¥19.54 Billion CN¥1.16 Billion CN¥52.05 Billion ▲ +2.6 pp
2016 91.4% CN¥12.01 Billion CN¥1.03 Billion CN¥38.73 Billion ▲ +0.4 pp
2015 91.0% CN¥9.85 Billion CN¥884.02 Million CN¥32.58 Billion ▲ +0.2 pp
2014 90.9% CN¥8.09 Billion CN¥739.43 Million CN¥24.13 Billion ▲ +2.7 pp
2013 88.2% CN¥5.34 Billion CN¥631.31 Million CN¥18.60 Billion ▲ +0.4 pp
2012 87.8% CN¥4.84 Billion CN¥589.12 Million CN¥14.80 Billion ▼ -3.4 pp
2011 91.2% CN¥4.30 Billion CN¥379.19 Million CN¥11.84 Billion ▲ +0.2 pp
2010 91.0% CN¥4.00 Billion CN¥358.89 Million CN¥8.12 Billion ▲ +10.8 pp
2009 80.2% CN¥1.67 Billion CN¥331.44 Million CN¥7.17 Billion ▼ -2.7 pp
2008 82.9% CN¥1.48 Billion CN¥252.19 Million CN¥5.72 Billion ▼ -4.0 pp
2007 87.0% CN¥1.28 Billion CN¥166.83 Million CN¥4.42 Billion
pp = percentage points