AA Industrial Belting Tangible Net Worth Ratio
AA Industrial Belting tangible net worth ratio. AA Industrial Belting (603580) has a Tangible Net Worth Ratio of 92.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥41.68 Million) from net assets (CN¥522.18 Million) 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 AA Industrial Belting (603580) 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
Tangible Net Worth Ratio of AA Industrial Belting (2011–2025)
Tangible net worth ratio of AA Industrial Belting from 2011 to 2025. This chart shows how AA Industrial Belting's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 92.0%, reflecting net assets of CN¥522.18 Million with intangible assets of CN¥41.68 Million CNY. Check AA Industrial Belting strategic capital allocation to assess the company's strategic physical and investment asset allocation.
AA Industrial Belting Tangible Net Worth Ratio by Year (2011–2025)
AA Industrial Belting tangible net worth ratio by year from 2011 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for AA Industrial Belting from 2011 to 2025, covering 15 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 how much is AA Industrial Belting worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.8% | CN¥517.33 Million | CN¥42.29 Million | CN¥863.58 Million | ▼ -0.9 pp |
| 2024 | 92.8% | CN¥435.02 Million | CN¥31.52 Million | CN¥508.15 Million | ▲ +0.5 pp |
| 2023 | 92.2% | CN¥455.72 Million | CN¥35.38 Million | CN¥528.37 Million | ▲ +0.3 pp |
| 2022 | 91.9% | CN¥454.95 Million | CN¥36.75 Million | CN¥529.93 Million | ▼ -0.3 pp |
| 2021 | 92.2% | CN¥480.08 Million | CN¥37.56 Million | CN¥549.78 Million | ▼ -2.5 pp |
| 2020 | 94.7% | CN¥446.66 Million | CN¥23.67 Million | CN¥495.26 Million | ▼ -0.5 pp |
| 2019 | 95.2% | CN¥426.78 Million | CN¥20.31 Million | CN¥462.88 Million | ▼ -0.9 pp |
| 2018 | 96.1% | CN¥394.56 Million | CN¥15.28 Million | CN¥438.59 Million | ▲ +0.2 pp |
| 2017 | 95.9% | CN¥379.46 Million | CN¥15.53 Million | CN¥424.84 Million | ▲ +3.1 pp |
| 2016 | 92.8% | CN¥217.58 Million | CN¥15.62 Million | CN¥248.84 Million | ▲ +0.0 pp |
| 2015 | 92.8% | CN¥185.22 Million | CN¥13.33 Million | CN¥221.98 Million | ▲ +1.6 pp |
| 2014 | 91.2% | CN¥155.13 Million | CN¥13.65 Million | CN¥191.04 Million | ▲ +1.9 pp |
| 2013 | 89.3% | CN¥130.29 Million | CN¥13.99 Million | CN¥181.25 Million | ▲ +2.9 pp |
| 2012 | 86.4% | CN¥104.94 Million | CN¥14.29 Million | CN¥171.08 Million | ▲ +5.9 pp |
| 2011 | 80.4% | CN¥74.91 Million | CN¥14.65 Million | CN¥186.42 Million | — |