China XD Electric Co Ltd (601179) — Tangible Net Worth Ratio

Latest as of March 2026: 93.1%

China XD Electric Co Ltd (601179) has a Tangible Net Worth Ratio of 93.1% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.82 Billion) from net assets (CN¥26.46 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 601179 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

93.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥26.46 Billion
CNY

Intangible Assets

CN¥1.82 Billion
Goodwill, patents, brand value

Total Assets

CN¥48.15 Billion
CNY

China XD Electric Co Ltd Tangible Net Worth Ratio (2006–2025)

This chart shows how China XD Electric Co Ltd's Tangible Net Worth Ratio has changed across 20 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 93.1%, reflecting net assets of CN¥26.46 Billion with intangible assets of CN¥1.82 Billion CNY. See operational self-sufficiency of China XD Electric Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for China XD Electric Co Ltd (2006–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for China XD Electric Co Ltd from 2006 to 2025, covering 20 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 China XD Electric Co Ltd stock valuation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 92.8% CN¥25.97 Billion CN¥1.88 Billion CN¥48.98 Billion ▲ +1.5 pp
2024 91.3% CN¥24.83 Billion CN¥2.17 Billion CN¥46.13 Billion ▲ +0.4 pp
2023 90.8% CN¥24.43 Billion CN¥2.24 Billion CN¥43.78 Billion ▼ -0.5 pp
2022 91.3% CN¥22.94 Billion CN¥2.00 Billion CN¥40.84 Billion ▲ +0.1 pp
2021 91.2% CN¥22.28 Billion CN¥1.96 Billion CN¥38.87 Billion ▲ +0.6 pp
2020 90.6% CN¥20.85 Billion CN¥1.95 Billion CN¥36.16 Billion ▲ +0.8 pp
2019 89.9% CN¥20.80 Billion CN¥2.11 Billion CN¥35.37 Billion ▲ +0.6 pp
2018 89.3% CN¥20.68 Billion CN¥2.21 Billion CN¥34.54 Billion ▼ -0.3 pp
2017 89.6% CN¥20.39 Billion CN¥2.12 Billion CN¥33.70 Billion ▲ +0.0 pp
2016 89.6% CN¥20.10 Billion CN¥2.09 Billion CN¥34.66 Billion ▼ -0.7 pp
2015 90.3% CN¥19.29 Billion CN¥1.86 Billion CN¥32.56 Billion ▼ -0.3 pp
2014 90.6% CN¥18.81 Billion CN¥1.76 Billion CN¥30.91 Billion ▼ -0.2 pp
2013 90.8% CN¥18.43 Billion CN¥1.69 Billion CN¥32.50 Billion ▲ +1.2 pp
2012 89.6% CN¥14.71 Billion CN¥1.53 Billion CN¥29.24 Billion ▼ -1.2 pp
2011 90.9% CN¥14.61 Billion CN¥1.34 Billion CN¥29.21 Billion ▼ -2.4 pp
2010 93.2% CN¥15.06 Billion CN¥1.02 Billion CN¥26.60 Billion ▲ +15.1 pp
2009 78.2% CN¥4.21 Billion CN¥917.77 Million CN¥21.52 Billion ▲ +0.1 pp
2008 78.1% CN¥4.12 Billion CN¥900.37 Million CN¥19.12 Billion ▲ +1.3 pp
2007 76.8% CN¥3.69 Billion CN¥854.79 Million CN¥14.03 Billion ▲ +1.9 pp
2006 74.9% CN¥2.96 Billion CN¥741.62 Million CN¥10.60 Billion
pp = percentage points