Laobaixing Pharmacy (603883) — Tangible Net Worth Ratio

Latest as of March 2026: 89.0%

Laobaixing Pharmacy (603883) has a Tangible Net Worth Ratio of 89.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥803.06 Million) from net assets (CN¥7.30 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 603883 net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

89.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥7.30 Billion
CNY

Intangible Assets

CN¥803.06 Million
Goodwill, patents, brand value

Total Assets

CN¥19.91 Billion
CNY

Laobaixing Pharmacy Tangible Net Worth Ratio (2011–2025)

This chart shows how Laobaixing Pharmacy's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 89.0%, reflecting net assets of CN¥7.30 Billion with intangible assets of CN¥803.06 Million CNY. Also explore 603883 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Laobaixing Pharmacy (2011–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Laobaixing Pharmacy 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 603883 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 88.3% CN¥7.00 Billion CN¥817.34 Million CN¥19.85 Billion ▲ +0.1 pp
2024 88.2% CN¥7.17 Billion CN¥845.35 Million CN¥22.16 Billion ▼ -1.5 pp
2023 89.8% CN¥7.29 Billion CN¥746.98 Million CN¥21.23 Billion ▼ -1.8 pp
2022 91.5% CN¥7.10 Billion CN¥599.98 Million CN¥21.40 Billion ▲ +1.3 pp
2021 90.2% CN¥4.78 Billion CN¥466.32 Million CN¥16.96 Billion ▼ -0.7 pp
2020 91.0% CN¥4.81 Billion CN¥432.93 Million CN¥11.28 Billion ▲ +2.2 pp
2019 88.8% CN¥3.87 Billion CN¥435.19 Million CN¥9.92 Billion ▼ -1.1 pp
2018 89.9% CN¥3.37 Billion CN¥341.08 Million CN¥8.48 Billion ▼ -0.8 pp
2017 90.7% CN¥3.10 Billion CN¥288.65 Million CN¥6.70 Billion ▼ 0.0 pp
2016 90.7% CN¥1.95 Billion CN¥180.89 Million CN¥4.91 Billion ▼ -4.0 pp
2015 94.7% CN¥2.29 Billion CN¥120.41 Million CN¥3.80 Billion ▲ +3.7 pp
2014 91.0% CN¥1.09 Billion CN¥97.57 Million CN¥2.53 Billion ▲ +1.8 pp
2013 89.2% CN¥916.46 Million CN¥98.91 Million CN¥2.18 Billion ▼ -5.0 pp
2012 94.2% CN¥732.59 Million CN¥42.23 Million CN¥1.62 Billion ▲ +1.4 pp
2011 92.9% CN¥607.41 Million CN¥43.28 Million CN¥1.52 Billion
pp = percentage points