Shandong Huapeng Glass Co Ltd (603021) — Tangible Net Worth Ratio
Shandong Huapeng Glass Co Ltd (603021) has a Tangible Net Worth Ratio of -702.8% as of March 2025. This metric is calculated by deducting intangible assets (CN¥110.53 Million) from net assets (CN¥13.77 Million) 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 Shandong Huapeng Glass Co Ltd (603021) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shandong Huapeng Glass Co Ltd Tangible Net Worth Ratio (2011–2024)
This chart shows how Shandong Huapeng Glass Co Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2011 to 2024. As of March 2025, the ratio stands at -702.8%, reflecting net assets of CN¥13.77 Million with intangible assets of CN¥110.53 Million CNY. Also explore Shandong Huapeng Glass Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Shandong Huapeng Glass Co Ltd (2011–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shandong Huapeng Glass Co Ltd from 2011 to 2024, covering 14 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 how much is Shandong Huapeng Glass Co Ltd worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -169.6% | CN¥41.31 Million | CN¥111.36 Million | CN¥1.63 Billion | ▼ -210.1 pp |
| 2023 | 40.5% | CN¥192.88 Million | CN¥114.71 Million | CN¥1.84 Billion | ▼ -31.9 pp |
| 2022 | 72.5% | CN¥520.48 Million | CN¥143.39 Million | CN¥2.36 Billion | ▼ -9.9 pp |
| 2021 | 82.4% | CN¥1.08 Billion | CN¥190.51 Million | CN¥3.40 Billion | ▼ -3.9 pp |
| 2020 | 86.3% | CN¥1.45 Billion | CN¥198.39 Million | CN¥3.59 Billion | ▲ +2.7 pp |
| 2019 | 83.6% | CN¥1.41 Billion | CN¥230.28 Million | CN¥3.33 Billion | ▼ -0.4 pp |
| 2018 | 84.0% | CN¥1.36 Billion | CN¥218.14 Million | CN¥2.92 Billion | ▼ -0.6 pp |
| 2017 | 84.6% | CN¥1.38 Billion | CN¥212.68 Million | CN¥3.09 Billion | ▲ +0.3 pp |
| 2016 | 84.3% | CN¥1.38 Billion | CN¥217.32 Million | CN¥2.70 Billion | ▲ +9.2 pp |
| 2015 | 75.1% | CN¥757.10 Million | CN¥188.53 Million | CN¥1.84 Billion | ▲ +10.1 pp |
| 2014 | 65.0% | CN¥545.97 Million | CN¥190.86 Million | CN¥1.52 Billion | ▼ -7.0 pp |
| 2013 | 72.0% | CN¥515.83 Million | CN¥144.28 Million | CN¥1.35 Billion | ▼ -0.7 pp |
| 2012 | 72.7% | CN¥466.98 Million | CN¥127.34 Million | CN¥1.21 Billion | ▼ -6.0 pp |
| 2011 | 78.7% | CN¥433.69 Million | CN¥92.46 Million | CN¥1.03 Billion | — |