New East New Materials Co Ltd (603110) — Tangible Net Worth Ratio

Latest as of March 2026: 94.5%

New East New Materials Co Ltd (603110) has a Tangible Net Worth Ratio of 94.5% as of March 2026. This metric is calculated by deducting intangible assets (CN¥38.37 Million) from net assets (CN¥696.88 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 working capital position of New East New Materials Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

94.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥696.88 Million
CNY

Intangible Assets

CN¥38.37 Million
Goodwill, patents, brand value

Total Assets

CN¥822.44 Million
CNY

New East New Materials Co Ltd Tangible Net Worth Ratio (2012–2025)

This chart shows how New East New Materials Co Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 94.5%, reflecting net assets of CN¥696.88 Million with intangible assets of CN¥38.37 Million CNY. See New East New Materials Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for New East New Materials Co Ltd (2012–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for New East New Materials Co Ltd from 2012 to 2025, 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 603110 company net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 94.0% CN¥686.46 Million CN¥41.12 Million CN¥814.85 Million ▲ +0.1 pp
2024 93.9% CN¥702.88 Million CN¥42.57 Million CN¥874.01 Million ▲ +0.3 pp
2023 93.6% CN¥688.93 Million CN¥44.01 Million CN¥857.75 Million ▼ -0.1 pp
2022 93.7% CN¥667.09 Million CN¥41.98 Million CN¥828.46 Million ▼ 0.0 pp
2021 93.7% CN¥683.60 Million CN¥42.90 Million CN¥837.27 Million ▼ -4.0 pp
2020 97.7% CN¥627.91 Million CN¥14.14 Million CN¥782.98 Million ▼ 0.0 pp
2019 97.8% CN¥652.21 Million CN¥14.60 Million CN¥761.88 Million ▲ +0.1 pp
2018 97.7% CN¥633.53 Million CN¥14.59 Million CN¥736.96 Million ▲ +1.6 pp
2017 96.1% CN¥625.47 Million CN¥24.11 Million CN¥733.76 Million ▲ +4.1 pp
2016 92.1% CN¥311.57 Million CN¥24.70 Million CN¥472.99 Million ▲ +1.2 pp
2015 90.9% CN¥279.01 Million CN¥25.37 Million CN¥433.17 Million ▲ +3.0 pp
2014 87.9% CN¥214.92 Million CN¥25.99 Million CN¥442.17 Million ▼ -0.4 pp
2013 88.4% CN¥205.81 Million CN¥23.97 Million CN¥463.72 Million ▲ +2.9 pp
2012 85.5% CN¥180.71 Million CN¥26.21 Million CN¥332.78 Million
pp = percentage points