Harbin VITI Electronics Corp (603023) — Tangible Net Worth Ratio

Latest as of September 2025: 95.5%

Harbin VITI Electronics Corp (603023) has a Tangible Net Worth Ratio of 95.5% as of September 2025. This metric is calculated by deducting intangible assets (CN¥35.36 Million) from net assets (CN¥782.31 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 603023 book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

95.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥782.31 Million
CNY

Intangible Assets

CN¥35.36 Million
Goodwill, patents, brand value

Total Assets

CN¥917.55 Million
CNY

Harbin VITI Electronics Corp Tangible Net Worth Ratio (2009–2024)

This chart shows how Harbin VITI Electronics Corp's Tangible Net Worth Ratio has changed across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 95.5%, reflecting net assets of CN¥782.31 Million with intangible assets of CN¥35.36 Million CNY. Also explore 603023 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Harbin VITI Electronics Corp (2009–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Harbin VITI Electronics Corp from 2009 to 2024, covering 16 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 value of Harbin VITI Electronics Corp.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 95.0% CN¥784.41 Million CN¥39.15 Million CN¥885.13 Million ▼ -3.2 pp
2023 98.3% CN¥774.11 Million CN¥13.48 Million CN¥790.82 Million ▲ +0.1 pp
2022 98.2% CN¥763.92 Million CN¥14.11 Million CN¥808.83 Million ▼ 0.0 pp
2021 98.2% CN¥763.10 Million CN¥13.96 Million CN¥788.07 Million ▼ -0.3 pp
2020 98.5% CN¥756.41 Million CN¥11.21 Million CN¥777.31 Million ▲ +0.3 pp
2019 98.3% CN¥715.30 Million CN¥12.43 Million CN¥824.16 Million ▼ -0.1 pp
2018 98.3% CN¥651.31 Million CN¥10.82 Million CN¥845.36 Million ▼ -0.1 pp
2017 98.4% CN¥562.36 Million CN¥8.76 Million CN¥617.25 Million ▲ +0.1 pp
2016 98.3% CN¥529.72 Million CN¥8.82 Million CN¥582.81 Million ▼ -0.8 pp
2015 99.2% CN¥457.04 Million CN¥3.75 Million CN¥516.19 Million ▲ +1.6 pp
2014 97.6% CN¥160.39 Million CN¥3.88 Million CN¥223.80 Million ▼ -0.6 pp
2013 98.2% CN¥225.88 Million CN¥4.01 Million CN¥290.72 Million ▲ +0.0 pp
2012 98.2% CN¥232.97 Million CN¥4.14 Million CN¥281.14 Million ▲ +0.7 pp
2011 97.5% CN¥171.57 Million CN¥4.26 Million CN¥208.10 Million ▲ +0.6 pp
2010 96.9% CN¥139.13 Million CN¥4.31 Million CN¥175.03 Million ▲ +1.4 pp
2009 95.5% CN¥97.18 Million CN¥4.33 Million CN¥116.50 Million
pp = percentage points