Lafang China (603630) — Tangible Net Worth Ratio
Lafang China (603630) has a Tangible Net Worth Ratio of 95.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥77.22 Million) from net assets (CN¥1.90 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 net asset growth rate of Lafang China to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Lafang China Tangible Net Worth Ratio (2012–2025)
This chart shows how Lafang China's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 95.9%, reflecting net assets of CN¥1.90 Billion with intangible assets of CN¥77.22 Million CNY. For live market cap and overall valuation, see 603630 market cap.
Annual Tangible Net Worth Ratio for Lafang China (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Lafang China 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. Explore capital reinvestment ratio of Lafang China 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) |
|---|---|---|---|---|---|
| 2025 | 95.9% | CN¥1.88 Billion | CN¥77.72 Million | CN¥2.12 Billion | ▲ +0.0 pp |
| 2024 | 95.8% | CN¥1.93 Billion | CN¥80.61 Million | CN¥2.15 Billion | ▼ 0.0 pp |
| 2023 | 95.9% | CN¥1.99 Billion | CN¥82.30 Million | CN¥2.18 Billion | ▲ +0.2 pp |
| 2022 | 95.7% | CN¥1.96 Billion | CN¥85.19 Million | CN¥2.16 Billion | ▲ +0.1 pp |
| 2021 | 95.5% | CN¥1.90 Billion | CN¥84.54 Million | CN¥2.09 Billion | ▲ +0.2 pp |
| 2020 | 95.3% | CN¥1.86 Billion | CN¥86.58 Million | CN¥2.04 Billion | ▼ -2.2 pp |
| 2019 | 97.5% | CN¥1.74 Billion | CN¥42.69 Million | CN¥1.93 Billion | ▲ +0.3 pp |
| 2018 | 97.2% | CN¥1.80 Billion | CN¥49.92 Million | CN¥1.99 Billion | ▲ +0.2 pp |
| 2017 | 97.1% | CN¥1.70 Billion | CN¥50.01 Million | CN¥1.88 Billion | ▲ +1.5 pp |
| 2016 | 95.5% | CN¥839.98 Million | CN¥37.68 Million | CN¥1.08 Billion | ▲ +1.1 pp |
| 2015 | 94.4% | CN¥690.52 Million | CN¥38.41 Million | CN¥872.78 Million | ▼ -0.1 pp |
| 2014 | 94.5% | CN¥573.51 Million | CN¥31.42 Million | CN¥764.58 Million | ▼ -4.0 pp |
| 2013 | 98.5% | CN¥447.45 Million | CN¥6.73 Million | CN¥711.71 Million | ▲ +0.5 pp |
| 2012 | 98.0% | CN¥352.07 Million | CN¥6.99 Million | CN¥558.79 Million | — |