Shanghai Taihe Water Environmental Technology Development Co Ltd (605081) — Tangible Net Worth Ratio
Shanghai Taihe Water Environmental Technology Development Co Ltd (605081) has a Tangible Net Worth Ratio of 97.2% as of June 2025. This metric is calculated by deducting intangible assets (CN¥25.89 Million) from net assets (CN¥918.18 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 Shanghai Taihe Water Environmental Techn for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shanghai Taihe Water Environmental Technology Development Co Ltd Tangible Net Worth Ratio (2019–2024)
This chart shows how Shanghai Taihe Water Environmental Technology Development Co Ltd's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 97.2%, reflecting net assets of CN¥918.18 Million with intangible assets of CN¥25.89 Million CNY. Also explore how fast is Shanghai Taihe Water Environmental Techn growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Shanghai Taihe Water Environmental Technology Development Co Ltd (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Taihe Water Environmental Technology Development Co Ltd 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 the full company profile including market capitalisation, see Shanghai Taihe Water Environmental Techn stock valuation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.3% | CN¥972.44 Million | CN¥26.30 Million | CN¥1.53 Billion | ▼ -1.2 pp |
| 2023 | 98.5% | CN¥1.31 Billion | CN¥19.27 Million | CN¥1.68 Billion | ▼ -0.2 pp |
| 2022 | 98.7% | CN¥1.60 Billion | CN¥19.99 Million | CN¥1.91 Billion | ▼ -1.2 pp |
| 2021 | 100.0% | CN¥1.84 Billion | CN¥422.13K | CN¥2.13 Billion | ▲ +0.0 pp |
| 2020 | 99.9% | CN¥968.91 Million | CN¥592.50K | CN¥1.27 Billion | ▼ 0.0 pp |
| 2019 | 100.0% | CN¥817.50 Million | CN¥208.54K | CN¥1.06 Billion | — |