Milkyway Chemical Supply Chain Service Co Ltd (603713) — Tangible Net Worth Ratio
Milkyway Chemical Supply Chain Service Co Ltd (603713) has a Tangible Net Worth Ratio of 51.2% as of September 2025. This metric is calculated by deducting intangible assets (CN¥2.52 Billion) from net assets (CN¥5.16 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 Milkyway Chemical Supply Chain Service C shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Milkyway Chemical Supply Chain Service Co Ltd Tangible Net Worth Ratio (2014–2024)
This chart shows how Milkyway Chemical Supply Chain Service Co Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 51.2%, reflecting net assets of CN¥5.16 Billion with intangible assets of CN¥2.52 Billion CNY. Also explore Milkyway Chemical Supply Chain Service C equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Milkyway Chemical Supply Chain Service Co Ltd (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Milkyway Chemical Supply Chain Service Co Ltd from 2014 to 2024, covering 11 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 Milkyway Chemical Supply Chain Service C stock valuation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 79.1% | CN¥4.77 Billion | CN¥997.49 Million | CN¥13.95 Billion | ▼ -0.6 pp |
| 2023 | 79.7% | CN¥4.37 Billion | CN¥886.37 Million | CN¥11.12 Billion | ▲ +1.3 pp |
| 2022 | 78.4% | CN¥3.89 Billion | CN¥839.23 Million | CN¥9.51 Billion | ▼ -4.2 pp |
| 2021 | 82.6% | CN¥3.22 Billion | CN¥558.89 Million | CN¥7.27 Billion | ▲ +9.6 pp |
| 2020 | 73.0% | CN¥1.78 Billion | CN¥480.07 Million | CN¥3.68 Billion | ▼ -4.1 pp |
| 2019 | 77.1% | CN¥1.48 Billion | CN¥337.86 Million | CN¥2.57 Billion | ▼ -8.1 pp |
| 2018 | 85.2% | CN¥1.27 Billion | CN¥187.77 Million | CN¥1.86 Billion | ▲ +4.5 pp |
| 2017 | 80.7% | CN¥736.51 Million | CN¥142.41 Million | CN¥1.14 Billion | ▼ -2.7 pp |
| 2016 | 83.4% | CN¥634.26 Million | CN¥105.37 Million | CN¥845.55 Million | ▼ -3.8 pp |
| 2015 | 87.2% | CN¥451.08 Million | CN¥57.59 Million | CN¥596.20 Million | ▲ +6.5 pp |
| 2014 | 80.7% | CN¥229.11 Million | CN¥44.21 Million | CN¥380.91 Million | — |