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 80.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.09 Billion) from net assets (CN¥5.52 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 Milkyway Chemical Supply Chain Service C to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Milkyway Chemical Supply Chain Service Co Ltd Tangible Net Worth Ratio (2014–2025)
This chart shows how Milkyway Chemical Supply Chain Service Co Ltd's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 80.2%, reflecting net assets of CN¥5.52 Billion with intangible assets of CN¥1.09 Billion CNY. For live market cap and overall valuation, see Milkyway Chemical Supply Chain Service C (603713) market capitalisation.
Annual Tangible Net Worth Ratio for Milkyway Chemical Supply Chain Service Co Ltd (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Milkyway Chemical Supply Chain Service Co Ltd from 2014 to 2025, covering 12 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 603713 capital reinvestment ratio 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 | 80.9% | CN¥5.30 Billion | CN¥1.01 Billion | CN¥20.78 Billion | ▲ +1.8 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 | — |