Skshu Paint Co Ltd (603737) — Tangible Net Worth Ratio

Latest as of March 2026: 76.9%

Skshu Paint Co Ltd (603737) has a Tangible Net Worth Ratio of 76.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥769.33 Million) from net assets (CN¥3.33 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 Skshu Paint Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

76.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥3.33 Billion
CNY

Intangible Assets

CN¥769.33 Million
Goodwill, patents, brand value

Total Assets

CN¥13.11 Billion
CNY

Skshu Paint Co Ltd Tangible Net Worth Ratio (2011–2025)

This chart shows how Skshu Paint Co Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 76.9%, reflecting net assets of CN¥3.33 Billion with intangible assets of CN¥769.33 Million CNY. See 603737 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Skshu Paint Co Ltd (2011–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Skshu Paint Co Ltd from 2011 to 2025, covering 15 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 Skshu Paint Co Ltd market cap and net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 75.9% CN¥3.23 Billion CN¥777.10 Million CN¥13.37 Billion ▼ -8.3 pp
2024 84.3% CN¥2.97 Billion CN¥467.02 Million CN¥13.99 Billion ▲ +2.0 pp
2023 82.3% CN¥2.70 Billion CN¥478.58 Million CN¥14.14 Billion ▲ +2.1 pp
2022 80.2% CN¥2.47 Billion CN¥490.09 Million CN¥13.75 Billion ▲ +3.5 pp
2021 76.7% CN¥2.16 Billion CN¥504.01 Million CN¥12.38 Billion ▼ -9.9 pp
2020 86.6% CN¥2.65 Billion CN¥356.01 Million CN¥9.09 Billion ▲ +4.2 pp
2019 82.3% CN¥1.84 Billion CN¥324.29 Million CN¥5.68 Billion ▼ -4.5 pp
2018 86.8% CN¥1.34 Billion CN¥176.05 Million CN¥3.17 Billion ▲ +0.2 pp
2017 86.6% CN¥1.12 Billion CN¥150.33 Million CN¥2.09 Billion ▲ +2.4 pp
2016 84.2% CN¥976.90 Million CN¥154.60 Million CN¥1.70 Billion ▲ +13.3 pp
2015 70.9% CN¥548.05 Million CN¥159.56 Million CN¥984.90 Million ▼ -1.3 pp
2014 72.1% CN¥462.55 Million CN¥128.85 Million CN¥810.29 Million ▼ -14.8 pp
2013 86.9% CN¥404.88 Million CN¥52.86 Million CN¥600.54 Million ▲ +1.3 pp
2012 85.7% CN¥334.84 Million CN¥47.99 Million CN¥624.10 Million ▲ +2.2 pp
2011 83.5% CN¥287.11 Million CN¥47.38 Million CN¥562.39 Million
pp = percentage points