Tianjin You Fa Steel Pipe Group Stock Co Ltd Tangible Net Worth Ratio
Tianjin You Fa Steel Pipe Group Stock Co Ltd tangible net worth ratio. Tianjin You Fa Steel Pipe Group Stock Co Ltd (601686) has a Tangible Net Worth Ratio of 89.3% as of September 2025. This metric is calculated by deducting intangible assets (CN¥798.61 Million) from net assets (CN¥7.44 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. Also explore 601686 net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Tianjin You Fa Steel Pipe Group Stock Co Ltd (2016–2024)
Tangible net worth ratio of Tianjin You Fa Steel Pipe Group Stock Co Ltd from 2016 to 2024. This chart shows how Tianjin You Fa Steel Pipe Group Stock Co Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 89.3%, reflecting net assets of CN¥7.44 Billion with intangible assets of CN¥798.61 Million CNY.
Tianjin You Fa Steel Pipe Group Stock Co Ltd Tangible Net Worth Ratio by Year (2016–2024)
Tianjin You Fa Steel Pipe Group Stock Co Ltd tangible net worth ratio by year from 2016 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Tianjin You Fa Steel Pipe Group Stock Co Ltd from 2016 to 2024, covering 9 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 live market cap and overall valuation, see 601686 market cap.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 91.3% | CN¥7.85 Billion | CN¥680.96 Million | CN¥26.00 Billion | ▲ +0.7 pp |
| 2023 | 90.7% | CN¥7.70 Billion | CN¥719.91 Million | CN¥17.65 Billion | ▲ +0.7 pp |
| 2022 | 90.0% | CN¥7.38 Billion | CN¥738.00 Million | CN¥16.78 Billion | ▲ +0.2 pp |
| 2021 | 89.8% | CN¥7.24 Billion | CN¥738.83 Million | CN¥15.87 Billion | ▼ -2.9 pp |
| 2020 | 92.7% | CN¥6.85 Billion | CN¥501.83 Million | CN¥11.84 Billion | ▲ +1.2 pp |
| 2019 | 91.5% | CN¥4.17 Billion | CN¥354.80 Million | CN¥8.86 Billion | ▲ +2.1 pp |
| 2018 | 89.4% | CN¥3.41 Billion | CN¥361.60 Million | CN¥7.44 Billion | ▼ -4.7 pp |
| 2017 | 94.1% | CN¥2.65 Billion | CN¥155.86 Million | CN¥6.56 Billion | ▲ +1.2 pp |
| 2016 | 92.9% | CN¥2.19 Billion | CN¥156.20 Million | CN¥6.18 Billion | — |