Wuxi Zhenhua Auto Parts Co. Ltd. (605319) — Tangible Net Worth Ratio
Wuxi Zhenhua Auto Parts Co. Ltd. (605319) has a Tangible Net Worth Ratio of 89.9% as of September 2025. This metric is calculated by deducting intangible assets (CN¥263.06 Million) from net assets (CN¥2.61 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 Wuxi Zhenhua Auto Parts Co. Ltd. (605319) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Wuxi Zhenhua Auto Parts Co. Ltd. Tangible Net Worth Ratio (2016–2024)
This chart shows how Wuxi Zhenhua Auto Parts 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 89.9%, reflecting net assets of CN¥2.61 Billion with intangible assets of CN¥263.06 Million CNY. See Wuxi Zhenhua Auto Parts Co. Ltd. liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Wuxi Zhenhua Auto Parts Co. Ltd. (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Wuxi Zhenhua Auto Parts 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 Wuxi Zhenhua Auto Parts Co. Ltd. stock valuation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 89.0% | CN¥2.44 Billion | CN¥266.77 Million | CN¥4.85 Billion | ▼ -1.1 pp |
| 2023 | 90.2% | CN¥2.19 Billion | CN¥214.70 Million | CN¥4.58 Billion | ▲ +0.3 pp |
| 2022 | 89.9% | CN¥1.81 Billion | CN¥182.71 Million | CN¥3.34 Billion | ▲ +0.5 pp |
| 2021 | 89.4% | CN¥1.76 Billion | CN¥186.85 Million | CN¥3.11 Billion | ▲ +5.7 pp |
| 2020 | 83.7% | CN¥1.16 Billion | CN¥189.79 Million | CN¥2.60 Billion | ▲ +2.0 pp |
| 2019 | 81.7% | CN¥1.06 Billion | CN¥194.18 Million | CN¥2.39 Billion | ▼ -0.5 pp |
| 2018 | 82.2% | CN¥953.43 Million | CN¥169.90 Million | CN¥1.95 Billion | ▼ -3.9 pp |
| 2017 | 86.1% | CN¥594.01 Million | CN¥82.73 Million | CN¥1.83 Billion | ▼ -5.2 pp |
| 2016 | 91.3% | CN¥812.20 Million | CN¥70.86 Million | CN¥1.34 Billion | — |