Xiangyang Changyuan Donggu Industry Co Ltd (603950) — Tangible Net Worth Ratio
Xiangyang Changyuan Donggu Industry Co Ltd (603950) has a Tangible Net Worth Ratio of 96.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥126.08 Million) from net assets (CN¥3.12 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 shareholders equity of Xiangyang Changyuan Donggu Industry Co L for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Xiangyang Changyuan Donggu Industry Co Ltd Tangible Net Worth Ratio (2015–2025)
This chart shows how Xiangyang Changyuan Donggu Industry Co Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 96.0%, reflecting net assets of CN¥3.12 Billion with intangible assets of CN¥126.08 Million CNY. Also explore 603950 net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Xiangyang Changyuan Donggu Industry Co Ltd (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Xiangyang Changyuan Donggu Industry Co Ltd from 2015 to 2025, covering 11 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 603950 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.8% | CN¥3.03 Billion | CN¥126.94 Million | CN¥5.80 Billion | ▲ +0.6 pp |
| 2024 | 95.2% | CN¥2.71 Billion | CN¥129.83 Million | CN¥5.08 Billion | ▲ +0.5 pp |
| 2023 | 94.7% | CN¥2.50 Billion | CN¥133.03 Million | CN¥4.29 Billion | ▲ +0.8 pp |
| 2022 | 93.9% | CN¥2.28 Billion | CN¥138.46 Million | CN¥3.84 Billion | ▼ -0.6 pp |
| 2021 | 94.6% | CN¥2.27 Billion | CN¥123.18 Million | CN¥3.69 Billion | ▲ +0.7 pp |
| 2020 | 93.8% | CN¥2.04 Billion | CN¥126.11 Million | CN¥3.61 Billion | ▲ +4.9 pp |
| 2019 | 88.9% | CN¥1.11 Billion | CN¥123.83 Million | CN¥2.72 Billion | ▲ +4.7 pp |
| 2018 | 84.2% | CN¥841.35 Million | CN¥132.87 Million | CN¥2.65 Billion | ▼ -3.9 pp |
| 2017 | 88.1% | CN¥759.87 Million | CN¥90.13 Million | CN¥1.94 Billion | ▲ +1.7 pp |
| 2016 | 86.4% | CN¥679.39 Million | CN¥92.15 Million | CN¥1.42 Billion | ▲ +2.5 pp |
| 2015 | 84.0% | CN¥577.08 Million | CN¥92.43 Million | CN¥1.14 Billion | — |