Hunan Baili Engineering Sci (603959) — Tangible Net Worth Ratio

Latest as of March 2026: -253.5%

Hunan Baili Engineering Sci (603959) has a Tangible Net Worth Ratio of -253.5% as of March 2026. This metric is calculated by deducting intangible assets (CN¥65.23 Million) from net assets (CN¥18.45 Million) 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 Hunan Baili Engineering Sci for net asset value and shareholders' equity analysis.

Tangible NW Ratio

-253.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥18.45 Million
CNY

Intangible Assets

CN¥65.23 Million
Goodwill, patents, brand value

Total Assets

CN¥2.18 Billion
CNY

Hunan Baili Engineering Sci Tangible Net Worth Ratio (2011–2025)

This chart shows how Hunan Baili Engineering Sci's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at -253.5%, reflecting net assets of CN¥18.45 Million with intangible assets of CN¥65.23 Million CNY. Also explore 603959 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Hunan Baili Engineering Sci (2011–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Hunan Baili Engineering Sci 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 how much is Hunan Baili Engineering Sci worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 3.2% CN¥68.59 Million CN¥66.39 Million CN¥2.27 Billion ▼ -50.6 pp
2024 53.8% CN¥157.93 Million CN¥72.97 Million CN¥2.82 Billion ▼ -32.6 pp
2023 86.4% CN¥598.98 Million CN¥81.75 Million CN¥4.05 Billion ▼ -1.5 pp
2022 87.8% CN¥717.16 Million CN¥87.20 Million CN¥4.33 Billion ▲ +5.5 pp
2021 82.4% CN¥676.90 Million CN¥119.27 Million CN¥3.20 Billion ▼ -4.8 pp
2020 87.2% CN¥638.09 Million CN¥81.82 Million CN¥2.78 Billion ▲ +6.5 pp
2019 80.6% CN¥458.50 Million CN¥88.79 Million CN¥2.74 Billion ▼ -7.3 pp
2018 87.9% CN¥1.11 Billion CN¥133.52 Million CN¥2.70 Billion ▼ -8.5 pp
2017 96.4% CN¥958.50 Million CN¥34.04 Million CN¥2.23 Billion ▼ -1.8 pp
2016 98.2% CN¥875.30 Million CN¥15.36 Million CN¥1.84 Billion ▲ +1.8 pp
2015 96.4% CN¥460.99 Million CN¥16.50 Million CN¥1.16 Billion ▲ +0.7 pp
2014 95.7% CN¥386.12 Million CN¥16.69 Million CN¥1.11 Billion ▲ +1.1 pp
2013 94.5% CN¥331.43 Million CN¥18.07 Million CN¥801.88 Million ▲ +1.0 pp
2012 93.5% CN¥263.86 Million CN¥17.06 Million CN¥678.60 Million ▲ +3.8 pp
2011 89.7% CN¥163.93 Million CN¥16.86 Million CN¥319.85 Million
pp = percentage points