Ningbo Tip Rubber Technology Co Ltd (605255) — Tangible Net Worth Ratio
Ningbo Tip Rubber Technology Co Ltd (605255) has a Tangible Net Worth Ratio of 88.9% as of September 2025. This metric is calculated by deducting intangible assets (CN¥89.91 Million) from net assets (CN¥806.92 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 Ningbo Tip Rubber Technology Co Ltd book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ningbo Tip Rubber Technology Co Ltd Tangible Net Worth Ratio (2016–2024)
This chart shows how Ningbo Tip Rubber Technology Co Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 88.9%, reflecting net assets of CN¥806.92 Million with intangible assets of CN¥89.91 Million CNY. Also explore net asset momentum of Ningbo Tip Rubber Technology Co Ltd to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Ningbo Tip Rubber Technology Co Ltd (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Ningbo Tip Rubber Technology Co Ltd from 2016 to 2024, covering 9 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 605255 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 88.5% | CN¥817.18 Million | CN¥93.75 Million | CN¥873.39 Million | ▼ -0.4 pp |
| 2023 | 88.9% | CN¥843.09 Million | CN¥93.22 Million | CN¥903.76 Million | ▲ +0.4 pp |
| 2022 | 88.5% | CN¥841.97 Million | CN¥96.82 Million | CN¥911.02 Million | ▼ -0.1 pp |
| 2021 | 88.6% | CN¥876.01 Million | CN¥100.05 Million | CN¥1.02 Billion | ▼ -0.6 pp |
| 2020 | 89.2% | CN¥936.48 Million | CN¥101.51 Million | CN¥1.03 Billion | ▲ +9.2 pp |
| 2019 | 80.0% | CN¥511.65 Million | CN¥102.40 Million | CN¥590.54 Million | ▼ -6.0 pp |
| 2018 | 86.0% | CN¥433.58 Million | CN¥60.77 Million | CN¥476.69 Million | ▼ -3.1 pp |
| 2017 | 89.1% | CN¥406.34 Million | CN¥44.26 Million | CN¥535.97 Million | ▼ -1.3 pp |
| 2016 | 90.4% | CN¥432.98 Million | CN¥41.36 Million | CN¥499.85 Million | — |