Shanghai Xintonglian Packaging Co Ltd Tangible Net Worth Ratio
Shanghai Xintonglian Packaging Co Ltd tangible net worth ratio. Shanghai Xintonglian Packaging Co Ltd (603022) has a Tangible Net Worth Ratio of 84.1% as of September 2025. This metric is calculated by deducting intangible assets (CN¥129.57 Million) from net assets (CN¥817.36 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. Check Shanghai Xintonglian Packaging Co Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Shanghai Xintonglian Packaging Co Ltd (2011–2024)
Tangible net worth ratio of Shanghai Xintonglian Packaging Co Ltd from 2011 to 2024. This chart shows how Shanghai Xintonglian Packaging Co Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 84.1%, reflecting net assets of CN¥817.36 Million with intangible assets of CN¥129.57 Million CNY. See working capital position of Shanghai Xintonglian Packaging Co Ltd to evaluate short-term liquidity relative to the company's equity base.
Shanghai Xintonglian Packaging Co Ltd Tangible Net Worth Ratio by Year (2011–2024)
Shanghai Xintonglian Packaging Co Ltd tangible net worth ratio by year from 2011 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Xintonglian Packaging 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 live market cap and overall valuation, see 603022 market cap.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 82.9% | CN¥795.78 Million | CN¥136.46 Million | CN¥1.11 Billion | ▼ -2.0 pp |
| 2023 | 84.8% | CN¥771.39 Million | CN¥116.89 Million | CN¥1.04 Billion | ▲ +1.3 pp |
| 2022 | 83.5% | CN¥731.67 Million | CN¥120.65 Million | CN¥1.00 Billion | ▲ +1.3 pp |
| 2021 | 82.2% | CN¥687.88 Million | CN¥122.55 Million | CN¥1.30 Billion | ▲ +1.0 pp |
| 2020 | 81.2% | CN¥672.88 Million | CN¥126.84 Million | CN¥906.10 Million | ▲ +0.7 pp |
| 2019 | 80.4% | CN¥638.78 Million | CN¥124.94 Million | CN¥851.17 Million | ▼ -9.4 pp |
| 2018 | 89.8% | CN¥617.33 Million | CN¥62.71 Million | CN¥819.58 Million | ▲ +0.7 pp |
| 2017 | 89.1% | CN¥593.54 Million | CN¥64.46 Million | CN¥786.31 Million | ▲ +0.6 pp |
| 2016 | 88.5% | CN¥577.77 Million | CN¥66.18 Million | CN¥709.64 Million | ▼ -0.1 pp |
| 2015 | 88.6% | CN¥558.36 Million | CN¥63.60 Million | CN¥661.03 Million | ▲ +12.4 pp |
| 2014 | 76.2% | CN¥272.56 Million | CN¥64.85 Million | CN¥467.20 Million | ▲ +5.4 pp |
| 2013 | 70.8% | CN¥227.25 Million | CN¥66.43 Million | CN¥365.06 Million | ▼ -9.0 pp |
| 2012 | 79.8% | CN¥175.46 Million | CN¥35.53 Million | CN¥293.46 Million | ▼ -3.6 pp |
| 2011 | 83.3% | CN¥124.48 Million | CN¥20.75 Million | CN¥260.48 Million | — |