Jiangsu Xinri E-Vehicle Co Ltd (603787) — Tangible Net Worth Ratio
Jiangsu Xinri E-Vehicle Co Ltd (603787) has a Tangible Net Worth Ratio of 80.0% as of September 2025. This metric is calculated by deducting intangible assets (CN¥319.08 Million) from net assets (CN¥1.60 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 net assets of Jiangsu Xinri E-Vehicle Co Ltd for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Jiangsu Xinri E-Vehicle Co Ltd Tangible Net Worth Ratio (2012–2024)
This chart shows how Jiangsu Xinri E-Vehicle Co Ltd's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 80.0%, reflecting net assets of CN¥1.60 Billion with intangible assets of CN¥319.08 Million CNY. Also explore Jiangsu Xinri E-Vehicle Co Ltd (603787) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Jiangsu Xinri E-Vehicle Co Ltd (2012–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Jiangsu Xinri E-Vehicle Co Ltd from 2012 to 2024, covering 13 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 603787 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 78.1% | CN¥1.53 Billion | CN¥334.34 Million | CN¥3.19 Billion | ▼ -5.2 pp |
| 2023 | 83.3% | CN¥1.55 Billion | CN¥258.58 Million | CN¥3.60 Billion | ▲ +6.3 pp |
| 2022 | 77.0% | CN¥1.16 Billion | CN¥266.85 Million | CN¥3.32 Billion | ▲ +7.7 pp |
| 2021 | 69.2% | CN¥1.00 Billion | CN¥309.06 Million | CN¥2.82 Billion | ▼ -10.7 pp |
| 2020 | 79.9% | CN¥1.04 Billion | CN¥209.93 Million | CN¥3.23 Billion | ▲ +2.9 pp |
| 2019 | 77.1% | CN¥964.66 Million | CN¥221.37 Million | CN¥1.82 Billion | ▼ -6.1 pp |
| 2018 | 83.2% | CN¥943.66 Million | CN¥158.52 Million | CN¥1.90 Billion | ▼ -4.0 pp |
| 2017 | 87.2% | CN¥878.88 Million | CN¥112.62 Million | CN¥1.91 Billion | ▲ +8.7 pp |
| 2016 | 78.5% | CN¥532.93 Million | CN¥114.53 Million | CN¥1.40 Billion | ▲ +10.9 pp |
| 2015 | 67.6% | CN¥502.00 Million | CN¥162.45 Million | CN¥1.25 Billion | ▲ +2.7 pp |
| 2014 | 64.9% | CN¥479.85 Million | CN¥168.46 Million | CN¥1.32 Billion | ▲ +3.0 pp |
| 2013 | 61.9% | CN¥453.14 Million | CN¥172.59 Million | CN¥1.21 Billion | ▼ -8.8 pp |
| 2012 | 70.7% | CN¥415.88 Million | CN¥121.74 Million | CN¥1.11 Billion | — |