Ningbo Orient Wires and Cables Co Ltd Tangible Net Worth Ratio
Ningbo Orient Wires and Cables Co Ltd tangible net worth ratio. Ningbo Orient Wires and Cables Co Ltd (603606) has a Tangible Net Worth Ratio of 94.9% as of June 2026. This metric is calculated by deducting intangible assets (CN¥432.75 Million) from net assets (CN¥8.46 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 how strategically is Ningbo Orient Wires and Cables Co Ltd's equity deployed 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 Ningbo Orient Wires and Cables Co Ltd (2011–2025)
Tangible net worth ratio of Ningbo Orient Wires and Cables Co Ltd from 2011 to 2025. This chart shows how Ningbo Orient Wires and Cables Co Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 94.9%, reflecting net assets of CN¥8.46 Billion with intangible assets of CN¥432.75 Million CNY. See working capital to net assets of Ningbo Orient Wires and Cables Co Ltd to evaluate short-term liquidity relative to the company's equity base.
Ningbo Orient Wires and Cables Co Ltd Tangible Net Worth Ratio by Year (2011–2025)
Ningbo Orient Wires and Cables Co Ltd tangible net worth ratio by year from 2011 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Ningbo Orient Wires and Cables Co Ltd 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 Ningbo Orient Wires and Cables Co Ltd (603606) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.0% | CN¥8.37 Billion | CN¥414.56 Million | CN¥15.62 Billion | ▲ +1.2 pp |
| 2024 | 93.8% | CN¥6.86 Billion | CN¥423.64 Million | CN¥12.17 Billion | ▼ -0.4 pp |
| 2023 | 94.2% | CN¥6.29 Billion | CN¥364.21 Million | CN¥10.64 Billion | ▲ +0.1 pp |
| 2022 | 94.1% | CN¥5.49 Billion | CN¥323.83 Million | CN¥9.19 Billion | ▼ -0.2 pp |
| 2021 | 94.3% | CN¥4.89 Billion | CN¥280.34 Million | CN¥8.38 Billion | ▲ +3.4 pp |
| 2020 | 90.9% | CN¥3.13 Billion | CN¥286.24 Million | CN¥6.09 Billion | ▲ +3.0 pp |
| 2019 | 87.8% | CN¥2.14 Billion | CN¥261.25 Million | CN¥3.94 Billion | ▼ -5.1 pp |
| 2018 | 92.9% | CN¥1.73 Billion | CN¥122.62 Million | CN¥3.41 Billion | ▲ +0.5 pp |
| 2017 | 92.4% | CN¥1.58 Billion | CN¥119.82 Million | CN¥2.96 Billion | ▲ +6.8 pp |
| 2016 | 85.6% | CN¥853.69 Million | CN¥122.54 Million | CN¥2.06 Billion | ▼ -8.8 pp |
| 2015 | 94.4% | CN¥807.71 Million | CN¥45.10 Million | CN¥1.74 Billion | ▲ +0.4 pp |
| 2014 | 94.0% | CN¥771.46 Million | CN¥46.07 Million | CN¥1.64 Billion | ▲ +3.0 pp |
| 2013 | 91.0% | CN¥522.46 Million | CN¥46.95 Million | CN¥1.40 Billion | ▲ +0.5 pp |
| 2012 | 90.5% | CN¥499.30 Million | CN¥47.55 Million | CN¥1.30 Billion | ▼ -4.2 pp |
| 2011 | 94.7% | CN¥421.23 Million | CN¥22.40 Million | CN¥1.10 Billion | — |