Hongsheng Heat Exchanger Mnfg (603090) — Tangible Net Worth Ratio
Hongsheng Heat Exchanger Mnfg (603090) has a Tangible Net Worth Ratio of 91.8% as of March 2026. This metric is calculated by deducting intangible assets (CN¥53.46 Million) from net assets (CN¥652.01 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 603090 total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hongsheng Heat Exchanger Mnfg Tangible Net Worth Ratio (2011–2025)
This chart shows how Hongsheng Heat Exchanger Mnfg's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 91.8%, reflecting net assets of CN¥652.01 Million with intangible assets of CN¥53.46 Million CNY. Also explore net asset momentum of Hongsheng Heat Exchanger Mnfg to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Hongsheng Heat Exchanger Mnfg (2011–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Hongsheng Heat Exchanger Mnfg from 2011 to 2025, covering 15 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 cap of Hongsheng Heat Exchanger Mnfg.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.8% | CN¥633.64 Million | CN¥32.94 Million | CN¥942.24 Million | ▲ +0.7 pp |
| 2024 | 94.1% | CN¥595.09 Million | CN¥35.11 Million | CN¥879.51 Million | ▲ +0.5 pp |
| 2023 | 93.6% | CN¥576.07 Million | CN¥36.73 Million | CN¥819.51 Million | ▲ +0.6 pp |
| 2022 | 93.0% | CN¥549.10 Million | CN¥38.50 Million | CN¥861.26 Million | ▲ +0.7 pp |
| 2021 | 92.3% | CN¥527.34 Million | CN¥40.61 Million | CN¥768.67 Million | ▲ +0.7 pp |
| 2020 | 91.6% | CN¥509.12 Million | CN¥42.92 Million | CN¥698.10 Million | ▲ +0.4 pp |
| 2019 | 91.1% | CN¥511.27 Million | CN¥45.29 Million | CN¥750.60 Million | ▲ +0.9 pp |
| 2018 | 90.3% | CN¥488.70 Million | CN¥47.47 Million | CN¥663.83 Million | ▲ +1.0 pp |
| 2017 | 89.3% | CN¥465.12 Million | CN¥49.81 Million | CN¥600.70 Million | ▼ -4.4 pp |
| 2016 | 93.6% | CN¥453.30 Million | CN¥28.81 Million | CN¥517.97 Million | ▲ +6.1 pp |
| 2015 | 87.5% | CN¥239.19 Million | CN¥29.86 Million | CN¥296.71 Million | ▲ +0.9 pp |
| 2014 | 86.6% | CN¥230.58 Million | CN¥30.79 Million | CN¥297.33 Million | ▲ +2.1 pp |
| 2013 | 84.5% | CN¥204.06 Million | CN¥31.61 Million | CN¥247.75 Million | ▲ +3.7 pp |
| 2012 | 80.8% | CN¥167.90 Million | CN¥32.20 Million | CN¥220.91 Million | ▼ -11.0 pp |
| 2011 | 91.8% | CN¥129.58 Million | CN¥10.62 Million | CN¥202.39 Million | — |