Jiangsu Hengxing New Material (603276) — Tangible Net Worth Ratio
Jiangsu Hengxing New Material (603276) has a Tangible Net Worth Ratio of 93.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥125.15 Million) from net assets (CN¥1.80 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 Jiangsu Hengxing New Material (603276) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Jiangsu Hengxing New Material Tangible Net Worth Ratio (2017–2025)
This chart shows how Jiangsu Hengxing New Material's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 93.0%, reflecting net assets of CN¥1.80 Billion with intangible assets of CN¥125.15 Million CNY. For live market cap and overall valuation, see how much is Jiangsu Hengxing New Material worth.
Annual Tangible Net Worth Ratio for Jiangsu Hengxing New Material (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Jiangsu Hengxing New Material from 2017 to 2025, covering 9 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 reinvestment intensity of Jiangsu Hengxing New Material 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 | 94.0% | CN¥1.77 Billion | CN¥106.62 Million | CN¥1.90 Billion | ▼ -1.8 pp |
| 2024 | 95.8% | CN¥1.74 Billion | CN¥73.71 Million | CN¥1.83 Billion | ▼ -0.1 pp |
| 2023 | 95.9% | CN¥1.76 Billion | CN¥72.33 Million | CN¥1.88 Billion | ▲ +5.0 pp |
| 2022 | 90.8% | CN¥773.55 Million | CN¥70.86 Million | CN¥1.02 Billion | ▼ 0.0 pp |
| 2021 | 90.9% | CN¥679.87 Million | CN¥62.04 Million | CN¥991.32 Million | ▼ -5.7 pp |
| 2020 | 96.6% | CN¥596.33 Million | CN¥20.19 Million | CN¥741.61 Million | ▼ -2.0 pp |
| 2019 | 98.6% | CN¥486.70 Million | CN¥6.64 Million | CN¥558.79 Million | ▲ +0.4 pp |
| 2018 | 98.3% | CN¥422.67 Million | CN¥7.35 Million | CN¥465.37 Million | ▲ +1.7 pp |
| 2017 | 96.5% | CN¥212.21 Million | CN¥7.33 Million | CN¥291.22 Million | — |