Hunan Heshun Petroleum Co Ltd (603353) — Tangible Net Worth Ratio
Hunan Heshun Petroleum Co Ltd (603353) has a Tangible Net Worth Ratio of 81.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥301.29 Million) from net assets (CN¥1.65 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 Hunan Heshun Petroleum Co Ltd book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hunan Heshun Petroleum Co Ltd Tangible Net Worth Ratio (2014–2024)
This chart shows how Hunan Heshun Petroleum Co Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 81.8%, reflecting net assets of CN¥1.65 Billion with intangible assets of CN¥301.29 Million CNY. Also explore 603353 net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Hunan Heshun Petroleum Co Ltd (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Hunan Heshun Petroleum Co Ltd from 2014 to 2024, covering 11 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 Hunan Heshun Petroleum Co Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 81.2% | CN¥1.67 Billion | CN¥312.99 Million | CN¥2.03 Billion | ▲ +1.3 pp |
| 2023 | 79.9% | CN¥1.65 Billion | CN¥331.46 Million | CN¥2.22 Billion | ▲ +0.8 pp |
| 2022 | 79.2% | CN¥1.69 Billion | CN¥351.48 Million | CN¥2.33 Billion | ▼ -1.1 pp |
| 2021 | 80.3% | CN¥1.67 Billion | CN¥329.48 Million | CN¥2.36 Billion | ▲ +1.5 pp |
| 2020 | 78.8% | CN¥1.65 Billion | CN¥349.16 Million | CN¥1.97 Billion | ▲ +33.5 pp |
| 2019 | 45.3% | CN¥687.21 Million | CN¥375.91 Million | CN¥1.02 Billion | ▲ +16.8 pp |
| 2018 | 28.5% | CN¥525.35 Million | CN¥375.39 Million | CN¥870.11 Million | ▼ -9.1 pp |
| 2017 | 37.6% | CN¥449.24 Million | CN¥280.31 Million | CN¥786.15 Million | ▼ -7.1 pp |
| 2016 | 44.7% | CN¥322.12 Million | CN¥178.13 Million | CN¥696.29 Million | ▲ +26.5 pp |
| 2015 | 18.2% | CN¥194.15 Million | CN¥158.79 Million | CN¥508.39 Million | ▲ +43.1 pp |
| 2014 | -24.9% | CN¥139.94 Million | CN¥174.83 Million | CN¥666.53 Million | — |