Zhejiang Natural Outdoor Goods Inc. Tangible Net Worth Ratio
Zhejiang Natural Outdoor Goods Inc. tangible net worth ratio. Zhejiang Natural Outdoor Goods Inc. (605080) has a Tangible Net Worth Ratio of 91.5% as of June 2025. This metric is calculated by deducting intangible assets (CN¥184.31 Million) from net assets (CN¥2.17 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 how leveraged is Zhejiang Natural Outdoor Goods Inc.'s balance sheet to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Zhejiang Natural Outdoor Goods Inc. (2019–2024)
Tangible net worth ratio of Zhejiang Natural Outdoor Goods Inc. from 2019 to 2024. This chart shows how Zhejiang Natural Outdoor Goods Inc.'s Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 91.5%, reflecting net assets of CN¥2.17 Billion with intangible assets of CN¥184.31 Million CNY. See working capital to net assets of Zhejiang Natural Outdoor Goods Inc. to evaluate short-term liquidity relative to the company's equity base.
Zhejiang Natural Outdoor Goods Inc. Tangible Net Worth Ratio by Year (2019–2024)
Zhejiang Natural Outdoor Goods Inc. tangible net worth ratio by year from 2019 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Zhejiang Natural Outdoor Goods Inc. from 2019 to 2024, covering 6 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 market value of Zhejiang Natural Outdoor Goods Inc..
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 90.8% | CN¥2.04 Billion | CN¥186.81 Million | CN¥2.35 Billion | ▲ +0.1 pp |
| 2023 | 90.8% | CN¥1.88 Billion | CN¥173.63 Million | CN¥2.16 Billion | ▲ +0.4 pp |
| 2022 | 90.4% | CN¥1.79 Billion | CN¥172.09 Million | CN¥1.99 Billion | ▼ -2.6 pp |
| 2021 | 92.9% | CN¥1.62 Billion | CN¥114.34 Million | CN¥1.83 Billion | ▲ +10.3 pp |
| 2020 | 82.6% | CN¥675.54 Million | CN¥117.27 Million | CN¥859.41 Million | ▲ +3.7 pp |
| 2019 | 78.9% | CN¥516.00 Million | CN¥108.64 Million | CN¥716.31 Million | — |