Suzhou Weizhixiang Food Co. Ltd. (605089) — Tangible Net Worth Ratio

Latest as of June 2025: 99.1%

Suzhou Weizhixiang Food Co. Ltd. (605089) has a Tangible Net Worth Ratio of 99.1% as of June 2025. This metric is calculated by deducting intangible assets (CN¥10.37 Million) from net assets (CN¥1.20 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 what is Suzhou Weizhixiang Food Co. Ltd.'s book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

99.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.20 Billion
CNY

Intangible Assets

CN¥10.37 Million
Goodwill, patents, brand value

Total Assets

CN¥1.28 Billion
CNY

Suzhou Weizhixiang Food Co. Ltd. Tangible Net Worth Ratio (2019–2024)

This chart shows how Suzhou Weizhixiang Food 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 99.1%, reflecting net assets of CN¥1.20 Billion with intangible assets of CN¥10.37 Million CNY. Also explore 605089 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Suzhou Weizhixiang Food Co. Ltd. (2019–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Suzhou Weizhixiang Food 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 Suzhou Weizhixiang Food Co. Ltd. (605089) market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 99.1% CN¥1.22 Billion CN¥10.62 Million CN¥1.35 Billion ▼ 0.0 pp
2023 99.2% CN¥1.27 Billion CN¥10.61 Million CN¥1.38 Billion ▼ -0.1 pp
2022 99.2% CN¥1.21 Billion CN¥9.49 Million CN¥1.30 Billion ▲ +0.0 pp
2021 99.2% CN¥1.17 Billion CN¥9.50 Million CN¥1.22 Billion ▲ +1.7 pp
2020 97.5% CN¥391.33 Million CN¥9.79 Million CN¥426.96 Million ▼ -2.2 pp
2019 99.7% CN¥266.28 Million CN¥833.55K CN¥303.62 Million
pp = percentage points