Zhejiang Sanmei Chemical Industry Co Ltd (603379) — Tangible Net Worth Ratio

Latest as of September 2025: 92.4%

Zhejiang Sanmei Chemical Industry Co Ltd (603379) has a Tangible Net Worth Ratio of 92.4% as of September 2025. This metric is calculated by deducting intangible assets (CN¥586.42 Million) from net assets (CN¥7.73 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 Zhejiang Sanmei Chemical Industry Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

92.4%
Tangible equity / total equity

Net Assets (Equity)

CN¥7.73 Billion
CNY

Intangible Assets

CN¥586.42 Million
Goodwill, patents, brand value

Total Assets

CN¥9.36 Billion
CNY

Zhejiang Sanmei Chemical Industry Co Ltd Tangible Net Worth Ratio (2013–2024)

This chart shows how Zhejiang Sanmei Chemical Industry Co Ltd's Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 92.4%, reflecting net assets of CN¥7.73 Billion with intangible assets of CN¥586.42 Million CNY. For live market cap and overall valuation, see Zhejiang Sanmei Chemical Industry Co Ltd (603379) market capitalisation.

Annual Tangible Net Worth Ratio for Zhejiang Sanmei Chemical Industry Co Ltd (2013–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Zhejiang Sanmei Chemical Industry Co Ltd from 2013 to 2024, covering 12 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 Zhejiang Sanmei Chemical Industry Co Ltd capex to cash flow ratio 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)
2024 92.3% CN¥6.56 Billion CN¥505.25 Million CN¥7.14 Billion ▼ -1.9 pp
2023 94.2% CN¥5.89 Billion CN¥340.22 Million CN¥6.73 Billion ▼ -1.5 pp
2022 95.7% CN¥5.71 Billion CN¥242.81 Million CN¥6.43 Billion ▼ -0.9 pp
2021 96.7% CN¥5.29 Billion CN¥175.92 Million CN¥6.05 Billion ▼ -0.8 pp
2020 97.5% CN¥4.98 Billion CN¥123.51 Million CN¥5.37 Billion ▼ -0.4 pp
2019 97.9% CN¥4.96 Billion CN¥104.35 Million CN¥5.36 Billion ▲ +1.0 pp
2018 96.9% CN¥2.49 Billion CN¥78.05 Million CN¥3.53 Billion ▲ +1.4 pp
2017 95.4% CN¥1.75 Billion CN¥79.85 Million CN¥2.72 Billion ▲ +3.2 pp
2016 92.2% CN¥844.10 Million CN¥65.49 Million CN¥2.08 Billion ▼ -2.0 pp
2015 94.3% CN¥1.18 Billion CN¥67.23 Million CN¥2.91 Billion ▲ +0.3 pp
2014 94.0% CN¥1.05 Billion CN¥63.05 Million CN¥3.05 Billion ▲ +1.7 pp
2013 92.3% CN¥977.63 Million CN¥75.05 Million CN¥2.70 Billion
pp = percentage points