Fujian Longma Envi Sanitation (603686) — Tangible Net Worth Ratio

Latest as of March 2026: 78.4%

Fujian Longma Envi Sanitation (603686) has a Tangible Net Worth Ratio of 78.4% as of March 2026. This metric is calculated by deducting intangible assets (CN¥845.60 Million) from net assets (CN¥3.91 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. See what is Fujian Longma Envi Sanitation's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

78.4%
Tangible equity / total equity

Net Assets (Equity)

CN¥3.91 Billion
CNY

Intangible Assets

CN¥845.60 Million
Goodwill, patents, brand value

Total Assets

CN¥7.27 Billion
CNY

Fujian Longma Envi Sanitation Tangible Net Worth Ratio (2008–2025)

This chart shows how Fujian Longma Envi Sanitation's Tangible Net Worth Ratio has changed across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 78.4%, reflecting net assets of CN¥3.91 Billion with intangible assets of CN¥845.60 Million CNY. Also explore net asset momentum of Fujian Longma Envi Sanitation to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Fujian Longma Envi Sanitation (2008–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Fujian Longma Envi Sanitation from 2008 to 2025, covering 18 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 the full company profile including market capitalisation, see how much is Fujian Longma Envi Sanitation worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 77.5% CN¥3.83 Billion CN¥860.71 Million CN¥7.17 Billion ▲ +1.5 pp
2024 76.0% CN¥3.73 Billion CN¥894.72 Million CN¥6.74 Billion ▼ -10.3 pp
2023 86.3% CN¥3.68 Billion CN¥504.19 Million CN¥6.12 Billion ▲ +2.1 pp
2022 84.2% CN¥3.50 Billion CN¥554.01 Million CN¥5.84 Billion ▼ -0.6 pp
2021 84.8% CN¥3.31 Billion CN¥503.01 Million CN¥5.59 Billion ▼ -13.0 pp
2020 97.8% CN¥3.10 Billion CN¥69.12 Million CN¥5.47 Billion ▲ +0.3 pp
2019 97.5% CN¥2.65 Billion CN¥67.48 Million CN¥4.54 Billion ▼ -1.5 pp
2018 99.0% CN¥2.44 Billion CN¥24.34 Million CN¥4.13 Billion ▲ +0.1 pp
2017 98.9% CN¥2.26 Billion CN¥24.81 Million CN¥3.86 Billion ▲ +0.8 pp
2016 98.1% CN¥1.26 Billion CN¥23.65 Million CN¥2.65 Billion ▲ +0.4 pp
2015 97.7% CN¥1.05 Billion CN¥24.32 Million CN¥1.83 Billion ▲ +2.9 pp
2014 94.8% CN¥482.95 Million CN¥24.98 Million CN¥1.09 Billion ▲ +1.4 pp
2013 93.5% CN¥381.44 Million CN¥24.93 Million CN¥795.72 Million ▲ +1.7 pp
2012 91.7% CN¥308.29 Million CN¥25.53 Million CN¥625.33 Million ▲ +3.1 pp
2011 88.6% CN¥227.81 Million CN¥25.95 Million CN¥471.57 Million ▼ -2.5 pp
2010 91.1% CN¥187.75 Million CN¥16.78 Million CN¥340.58 Million ▲ +2.4 pp
2009 88.7% CN¥132.51 Million CN¥15.02 Million CN¥262.36 Million ▲ +8.8 pp
2008 79.8% CN¥74.92 Million CN¥15.10 Million CN¥139.81 Million
pp = percentage points