Shandong Donghong Pipe Ind Co Tangible Net Worth Ratio
Shandong Donghong Pipe Ind Co tangible net worth ratio. Shandong Donghong Pipe Ind Co (603856) has a Tangible Net Worth Ratio of 93.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥167.32 Million) from net assets (CN¥2.71 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. Check how strategically is Shandong Donghong Pipe Ind Co's equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Shandong Donghong Pipe Ind Co (2012–2024)
Tangible net worth ratio of Shandong Donghong Pipe Ind Co from 2012 to 2024. This chart shows how Shandong Donghong Pipe Ind Co's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 93.8%, reflecting net assets of CN¥2.71 Billion with intangible assets of CN¥167.32 Million CNY. See 603856 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Shandong Donghong Pipe Ind Co Tangible Net Worth Ratio by Year (2012–2024)
Shandong Donghong Pipe Ind Co tangible net worth ratio by year from 2012 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Shandong Donghong Pipe Ind Co 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 live market cap and overall valuation, see 603856 market cap.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 93.9% | CN¥2.35 Billion | CN¥144.60 Million | CN¥3.70 Billion | ▼ -0.6 pp |
| 2023 | 94.5% | CN¥2.25 Billion | CN¥124.15 Million | CN¥3.56 Billion | ▲ +0.5 pp |
| 2022 | 94.0% | CN¥2.12 Billion | CN¥126.97 Million | CN¥3.94 Billion | ▲ +0.5 pp |
| 2021 | 93.5% | CN¥2.00 Billion | CN¥129.64 Million | CN¥3.47 Billion | ▼ -1.6 pp |
| 2020 | 95.1% | CN¥1.96 Billion | CN¥95.98 Million | CN¥2.87 Billion | ▲ +0.8 pp |
| 2019 | 94.3% | CN¥1.70 Billion | CN¥97.54 Million | CN¥2.09 Billion | ▼ -0.6 pp |
| 2018 | 94.8% | CN¥1.55 Billion | CN¥79.93 Million | CN¥1.89 Billion | ▲ +0.6 pp |
| 2017 | 94.3% | CN¥1.43 Billion | CN¥81.91 Million | CN¥1.73 Billion | ▲ +5.3 pp |
| 2016 | 89.0% | CN¥849.05 Million | CN¥93.49 Million | CN¥1.16 Billion | ▲ +0.5 pp |
| 2015 | 88.5% | CN¥744.34 Million | CN¥85.74 Million | CN¥1.21 Billion | ▲ +1.9 pp |
| 2014 | 86.6% | CN¥651.85 Million | CN¥87.61 Million | CN¥1.18 Billion | ▲ +2.4 pp |
| 2013 | 84.1% | CN¥564.28 Million | CN¥89.56 Million | CN¥1.14 Billion | ▼ -7.0 pp |
| 2012 | 91.1% | CN¥380.04 Million | CN¥33.73 Million | CN¥907.27 Million | — |