Zhejiang Tuna Environmental Science & Technology Co Ltd (603177) — Tangible Net Worth Ratio

Latest as of March 2026: 68.9%

Zhejiang Tuna Environmental Science & Technology Co Ltd (603177) has a Tangible Net Worth Ratio of 68.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥114.28 Million) from net assets (CN¥367.73 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 Zhejiang Tuna Environmental Science & Te to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

68.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥367.73 Million
CNY

Intangible Assets

CN¥114.28 Million
Goodwill, patents, brand value

Total Assets

CN¥1.88 Billion
CNY

Zhejiang Tuna Environmental Science & Technology Co Ltd Tangible Net Worth Ratio (2011–2025)

This chart shows how Zhejiang Tuna Environmental Science & Technology Co Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 68.9%, reflecting net assets of CN¥367.73 Million with intangible assets of CN¥114.28 Million CNY. See 603177 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Zhejiang Tuna Environmental Science & Technology Co Ltd (2011–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Zhejiang Tuna Environmental Science & Technology Co Ltd 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 value of Zhejiang Tuna Environmental Science & Te.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 69.9% CN¥383.11 Million CN¥115.20 Million CN¥2.00 Billion ▼ -0.6 pp
2024 70.6% CN¥403.27 Million CN¥118.75 Million CN¥1.83 Billion ▲ +1.1 pp
2023 69.4% CN¥400.03 Million CN¥122.25 Million CN¥1.82 Billion ▼ -8.1 pp
2022 77.5% CN¥376.43 Million CN¥84.55 Million CN¥1.49 Billion ▲ +3.3 pp
2021 74.2% CN¥332.86 Million CN¥85.86 Million CN¥1.38 Billion ▼ -4.7 pp
2020 78.9% CN¥412.80 Million CN¥87.09 Million CN¥1.27 Billion ▼ -13.8 pp
2019 92.7% CN¥537.05 Million CN¥39.39 Million CN¥1.36 Billion ▲ +0.2 pp
2018 92.5% CN¥528.64 Million CN¥39.68 Million CN¥1.35 Billion ▼ -5.0 pp
2017 97.5% CN¥535.96 Million CN¥13.53 Million CN¥1.16 Billion ▲ +1.3 pp
2016 96.2% CN¥366.12 Million CN¥13.86 Million CN¥1.10 Billion ▲ +0.8 pp
2015 95.4% CN¥312.36 Million CN¥14.37 Million CN¥889.26 Million ▲ +0.6 pp
2014 94.8% CN¥278.35 Million CN¥14.45 Million CN¥752.70 Million ▲ +1.8 pp
2013 93.0% CN¥208.92 Million CN¥14.69 Million CN¥637.31 Million ▲ +10.6 pp
2012 82.4% CN¥83.00 Million CN¥14.64 Million CN¥381.27 Million ▲ +9.7 pp
2011 72.6% CN¥54.77 Million CN¥14.99 Million CN¥222.21 Million
pp = percentage points