Shanghai Smith Adhesive New Tangible Net Worth Ratio
Shanghai Smith Adhesive New tangible net worth ratio. Shanghai Smith Adhesive New (603683) has a Tangible Net Worth Ratio of 95.4% as of June 2026. This metric is calculated by deducting intangible assets (CN¥79.67 Million) from net assets (CN¥1.73 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 Shanghai Smith Adhesive New (603683) 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 Shanghai Smith Adhesive New (2012–2025)
Tangible net worth ratio of Shanghai Smith Adhesive New from 2012 to 2025. This chart shows how Shanghai Smith Adhesive New's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 95.4%, reflecting net assets of CN¥1.73 Billion with intangible assets of CN¥79.67 Million CNY. Check strategic asset allocation of Shanghai Smith Adhesive New to assess the company's strategic physical and investment asset allocation.
Shanghai Smith Adhesive New Tangible Net Worth Ratio by Year (2012–2025)
Shanghai Smith Adhesive New tangible net worth ratio by year from 2012 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Smith Adhesive New 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 603683 market cap.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.1% | CN¥1.66 Billion | CN¥80.98 Million | CN¥3.16 Billion | ▲ +0.9 pp |
| 2024 | 94.3% | CN¥1.34 Billion | CN¥76.59 Million | CN¥2.56 Billion | ▲ +2.5 pp |
| 2023 | 91.7% | CN¥1.29 Billion | CN¥106.38 Million | CN¥2.13 Billion | ▲ +0.5 pp |
| 2022 | 91.2% | CN¥1.01 Billion | CN¥89.15 Million | CN¥1.84 Billion | ▲ +0.5 pp |
| 2021 | 90.7% | CN¥988.12 Million | CN¥91.70 Million | CN¥1.76 Billion | ▲ +1.3 pp |
| 2020 | 89.5% | CN¥962.00 Million | CN¥101.42 Million | CN¥1.65 Billion | ▲ +2.2 pp |
| 2019 | 87.3% | CN¥826.43 Million | CN¥104.96 Million | CN¥1.51 Billion | ▼ -4.1 pp |
| 2018 | 91.4% | CN¥809.64 Million | CN¥69.92 Million | CN¥1.33 Billion | ▲ +0.5 pp |
| 2017 | 90.9% | CN¥785.60 Million | CN¥71.78 Million | CN¥1.16 Billion | ▲ +6.0 pp |
| 2016 | 84.9% | CN¥486.33 Million | CN¥73.41 Million | CN¥697.04 Million | ▼ -10.0 pp |
| 2015 | 94.9% | CN¥421.01 Million | CN¥21.30 Million | CN¥562.25 Million | ▲ +3.2 pp |
| 2014 | 91.7% | CN¥264.06 Million | CN¥21.85 Million | CN¥491.89 Million | ▲ +2.5 pp |
| 2013 | 89.2% | CN¥203.20 Million | CN¥21.88 Million | CN¥438.10 Million | ▲ +5.9 pp |
| 2012 | 83.4% | CN¥134.46 Million | CN¥22.36 Million | CN¥393.28 Million | — |