Lanzhou LS Heavy Equipment Co (603169) — Tangible Net Worth Ratio
Lanzhou LS Heavy Equipment Co (603169) has a Tangible Net Worth Ratio of 86.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥387.68 Million) from net assets (CN¥2.95 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. Also explore net asset momentum of Lanzhou LS Heavy Equipment Co to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Lanzhou LS Heavy Equipment Co Tangible Net Worth Ratio (2011–2025)
This chart shows how Lanzhou LS Heavy Equipment Co's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 86.9%, reflecting net assets of CN¥2.95 Billion with intangible assets of CN¥387.68 Million CNY. For live market cap and overall valuation, see 603169 market cap overview.
Annual Tangible Net Worth Ratio for Lanzhou LS Heavy Equipment Co (2011–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Lanzhou LS Heavy Equipment Co 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. Explore capital reinvestment ratio of Lanzhou LS Heavy Equipment Co to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 86.2% | CN¥2.87 Billion | CN¥394.44 Million | CN¥12.46 Billion | ▼ -2.8 pp |
| 2024 | 89.1% | CN¥3.53 Billion | CN¥386.38 Million | CN¥12.38 Billion | ▲ +1.0 pp |
| 2023 | 88.1% | CN¥3.36 Billion | CN¥399.57 Million | CN¥12.54 Billion | ▼ -5.8 pp |
| 2022 | 93.9% | CN¥3.35 Billion | CN¥204.38 Million | CN¥11.71 Billion | ▲ +0.5 pp |
| 2021 | 93.4% | CN¥3.19 Billion | CN¥209.07 Million | CN¥12.12 Billion | ▲ +2.6 pp |
| 2020 | 90.8% | CN¥1.74 Billion | CN¥159.63 Million | CN¥10.54 Billion | ▼ -1.0 pp |
| 2019 | 91.8% | CN¥2.02 Billion | CN¥165.69 Million | CN¥11.17 Billion | ▲ +0.8 pp |
| 2018 | 91.0% | CN¥1.93 Billion | CN¥174.54 Million | CN¥11.34 Billion | ▼ -3.8 pp |
| 2017 | 94.7% | CN¥3.43 Billion | CN¥180.02 Million | CN¥10.91 Billion | ▲ +0.1 pp |
| 2016 | 94.6% | CN¥2.98 Billion | CN¥161.22 Million | CN¥7.50 Billion | ▼ -0.1 pp |
| 2015 | 94.7% | CN¥3.12 Billion | CN¥164.94 Million | CN¥7.84 Billion | ▲ +15.2 pp |
| 2014 | 79.5% | CN¥1.33 Billion | CN¥273.57 Million | CN¥6.08 Billion | ▼ -8.5 pp |
| 2013 | 88.0% | CN¥772.24 Million | CN¥92.80 Million | CN¥3.26 Billion | ▼ -1.1 pp |
| 2012 | 89.1% | CN¥735.24 Million | CN¥80.36 Million | CN¥2.24 Billion | ▲ +1.6 pp |
| 2011 | 87.5% | CN¥665.12 Million | CN¥83.04 Million | CN¥2.07 Billion | — |