Three Stars NM Tangible Net Worth Ratio
Three Stars NM tangible net worth ratio. Three Stars NM (603578) has a Tangible Net Worth Ratio of 45.1% as of March 2026. This metric is calculated by deducting intangible assets (CN¥731.70 Million) from net assets (CN¥1.33 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. Check Three Stars NM PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Three Stars NM (2012–2025)
Tangible net worth ratio of Three Stars NM from 2012 to 2025. This chart shows how Three Stars NM's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 45.1%, reflecting net assets of CN¥1.33 Billion with intangible assets of CN¥731.70 Million CNY. See 603578 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Three Stars NM Tangible Net Worth Ratio by Year (2012–2025)
Three Stars NM tangible net worth ratio by year from 2012 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Three Stars NM from 2012 to 2025, 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 live market cap and overall valuation, see Three Stars NM (603578) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 5.3% | CN¥777.48 Million | CN¥735.93 Million | CN¥4.46 Billion | ▼ -19.7 pp |
| 2024 | 25.1% | CN¥1.00 Billion | CN¥752.00 Million | CN¥4.45 Billion | ▼ -10.3 pp |
| 2023 | 35.4% | CN¥1.12 Billion | CN¥723.87 Million | CN¥2.69 Billion | ▼ -61.3 pp |
| 2022 | 96.7% | CN¥970.08 Million | CN¥32.36 Million | CN¥1.21 Billion | ▲ +0.2 pp |
| 2021 | 96.5% | CN¥948.51 Million | CN¥33.34 Million | CN¥1.26 Billion | ▼ -0.4 pp |
| 2020 | 96.9% | CN¥745.98 Million | CN¥23.29 Million | CN¥1.07 Billion | ▲ +0.6 pp |
| 2019 | 96.2% | CN¥633.23 Million | CN¥23.88 Million | CN¥931.54 Million | ▲ +0.8 pp |
| 2018 | 95.5% | CN¥539.71 Million | CN¥24.46 Million | CN¥635.27 Million | ▲ +0.5 pp |
| 2017 | 95.0% | CN¥496.25 Million | CN¥25.05 Million | CN¥602.04 Million | ▲ +6.6 pp |
| 2016 | 88.4% | CN¥220.98 Million | CN¥25.64 Million | CN¥299.03 Million | ▼ 0.0 pp |
| 2015 | 88.4% | CN¥226.07 Million | CN¥26.23 Million | CN¥288.42 Million | ▲ +1.1 pp |
| 2014 | 87.3% | CN¥211.45 Million | CN¥26.82 Million | CN¥274.29 Million | ▲ +2.8 pp |
| 2013 | 84.5% | CN¥177.01 Million | CN¥27.40 Million | CN¥275.73 Million | ▼ -9.9 pp |
| 2012 | 94.4% | CN¥142.89 Million | CN¥7.95 Million | CN¥225.79 Million | — |