Hebei Yangyuan ZhiHui Beverage Co Ltd (603156) — Tangible Net Worth Ratio
Hebei Yangyuan ZhiHui Beverage Co Ltd (603156) has a Tangible Net Worth Ratio of 98.5% as of September 2025. This metric is calculated by deducting intangible assets (CN¥131.34 Million) from net assets (CN¥8.99 Billion) 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 how liquid is Hebei Yangyuan ZhiHui Beverage Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hebei Yangyuan ZhiHui Beverage Co Ltd Tangible Net Worth Ratio (2008–2024)
This chart shows how Hebei Yangyuan ZhiHui Beverage Co Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 98.5%, reflecting net assets of CN¥8.99 Billion with intangible assets of CN¥131.34 Million CNY. See 603156 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Hebei Yangyuan ZhiHui Beverage Co Ltd (2008–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Hebei Yangyuan ZhiHui Beverage Co Ltd from 2008 to 2024, 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 Hebei Yangyuan ZhiHui Beverage Co Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.7% | CN¥10.02 Billion | CN¥133.46 Million | CN¥13.82 Billion | ▼ -0.1 pp |
| 2023 | 98.8% | CN¥11.06 Billion | CN¥136.87 Million | CN¥16.12 Billion | ▼ 0.0 pp |
| 2022 | 98.8% | CN¥11.52 Billion | CN¥140.63 Million | CN¥15.06 Billion | ▼ -0.2 pp |
| 2021 | 99.0% | CN¥12.46 Billion | CN¥122.34 Million | CN¥15.88 Billion | ▲ +0.1 pp |
| 2020 | 98.9% | CN¥11.84 Billion | CN¥125.45 Million | CN¥15.07 Billion | ▼ 0.0 pp |
| 2019 | 99.0% | CN¥12.41 Billion | CN¥125.67 Million | CN¥15.11 Billion | ▲ +0.1 pp |
| 2018 | 98.9% | CN¥11.97 Billion | CN¥129.71 Million | CN¥15.29 Billion | ▲ +0.7 pp |
| 2017 | 98.2% | CN¥7.34 Billion | CN¥132.77 Million | CN¥11.19 Billion | ▲ +0.5 pp |
| 2016 | 97.7% | CN¥5.97 Billion | CN¥136.20 Million | CN¥9.76 Billion | ▼ -0.3 pp |
| 2015 | 98.0% | CN¥5.64 Billion | CN¥110.54 Million | CN¥9.38 Billion | ▲ +1.1 pp |
| 2014 | 97.0% | CN¥3.64 Billion | CN¥110.90 Million | CN¥7.51 Billion | ▼ -0.8 pp |
| 2013 | 97.7% | CN¥2.30 Billion | CN¥52.47 Million | CN¥5.22 Billion | ▲ +11.7 pp |
| 2010 | 86.1% | CN¥223.60 Million | CN¥31.19 Million | CN¥627.86 Million | ▼ -8.7 pp |
| 2009 | 94.8% | CN¥94.15 Million | CN¥4.93 Million | CN¥302.95 Million | ▲ +11.1 pp |
| 2008 | 83.7% | CN¥30.81 Million | CN¥5.03 Million | CN¥102.84 Million | — |