Zhejiang Weiming Environment Protection Co Ltd (603568) — Tangible Net Worth Ratio
Zhejiang Weiming Environment Protection Co Ltd (603568) has a Tangible Net Worth Ratio of 7.6% as of September 2025. This metric is calculated by deducting intangible assets (CN¥15.26 Billion) from net assets (CN¥16.51 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 Zhejiang Weiming Environment Protection (603568) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Zhejiang Weiming Environment Protection Co Ltd Tangible Net Worth Ratio (2011–2024)
This chart shows how Zhejiang Weiming Environment Protection Co Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 7.6%, reflecting net assets of CN¥16.51 Billion with intangible assets of CN¥15.26 Billion CNY. Also explore Zhejiang Weiming Environment Protection (603568) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Zhejiang Weiming Environment Protection Co Ltd (2011–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Zhejiang Weiming Environment Protection Co Ltd from 2011 to 2024, covering 14 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 Zhejiang Weiming Environment Protection (603568) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 5.4% | CN¥15.02 Billion | CN¥14.21 Billion | CN¥27.48 Billion | ▲ +11.1 pp |
| 2023 | -5.7% | CN¥12.53 Billion | CN¥13.25 Billion | CN¥24.10 Billion | ▲ +12.5 pp |
| 2022 | -18.2% | CN¥10.54 Billion | CN¥12.47 Billion | CN¥20.22 Billion | ▼ -3.6 pp |
| 2021 | -14.7% | CN¥8.19 Billion | CN¥9.39 Billion | CN¥14.65 Billion | ▼ -43.1 pp |
| 2020 | 28.5% | CN¥5.55 Billion | CN¥3.97 Billion | CN¥10.47 Billion | ▲ +12.8 pp |
| 2019 | 15.7% | CN¥4.23 Billion | CN¥3.57 Billion | CN¥6.91 Billion | ▼ -4.4 pp |
| 2018 | 20.0% | CN¥3.09 Billion | CN¥2.47 Billion | CN¥5.74 Billion | ▲ +11.2 pp |
| 2017 | 8.9% | CN¥2.31 Billion | CN¥2.11 Billion | CN¥3.93 Billion | ▲ +11.2 pp |
| 2016 | -2.4% | CN¥1.92 Billion | CN¥1.96 Billion | CN¥3.36 Billion | ▲ +15.5 pp |
| 2015 | -17.8% | CN¥1.68 Billion | CN¥1.98 Billion | CN¥3.02 Billion | ▲ +102.9 pp |
| 2014 | -120.7% | CN¥978.13 Million | CN¥2.16 Billion | CN¥2.81 Billion | ▲ +24.8 pp |
| 2013 | -145.5% | CN¥786.12 Million | CN¥1.93 Billion | CN¥2.69 Billion | ▼ -31.5 pp |
| 2012 | -114.1% | CN¥666.15 Million | CN¥1.43 Billion | CN¥2.47 Billion | ▼ -43.5 pp |
| 2011 | -70.6% | CN¥566.52 Million | CN¥966.48 Million | CN¥2.05 Billion | — |