Hengsheng Energy Co Ltd (605580) — Tangible Net Worth Ratio
Hengsheng Energy Co Ltd (605580) has a Tangible Net Worth Ratio of 88.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥148.92 Million) from net assets (CN¥1.24 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 605580 net 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
Hengsheng Energy Co Ltd Tangible Net Worth Ratio (2015–2025)
This chart shows how Hengsheng Energy Co Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 88.0%, reflecting net assets of CN¥1.24 Billion with intangible assets of CN¥148.92 Million CNY. See 605580 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Hengsheng Energy Co Ltd (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Hengsheng Energy Co Ltd from 2015 to 2025, covering 11 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 Hengsheng Energy Co Ltd (605580) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 87.4% | CN¥1.19 Billion | CN¥150.36 Million | CN¥2.30 Billion | ▼ -6.8 pp |
| 2024 | 94.2% | CN¥988.82 Million | CN¥57.29 Million | CN¥1.44 Billion | ▼ -0.2 pp |
| 2023 | 94.4% | CN¥950.91 Million | CN¥52.91 Million | CN¥1.37 Billion | ▼ -0.6 pp |
| 2022 | 95.1% | CN¥885.23 Million | CN¥43.72 Million | CN¥1.10 Billion | ▼ -3.0 pp |
| 2021 | 98.1% | CN¥847.22 Million | CN¥16.48 Million | CN¥1.05 Billion | ▲ +2.5 pp |
| 2020 | 95.6% | CN¥358.40 Million | CN¥15.92 Million | CN¥692.73 Million | ▲ +0.9 pp |
| 2019 | 94.6% | CN¥301.69 Million | CN¥16.23 Million | CN¥604.62 Million | ▼ -0.4 pp |
| 2018 | 95.0% | CN¥252.36 Million | CN¥12.64 Million | CN¥523.38 Million | ▲ +2.5 pp |
| 2017 | 92.4% | CN¥171.82 Million | CN¥12.97 Million | CN¥383.75 Million | ▲ +2.6 pp |
| 2016 | 89.8% | CN¥128.32 Million | CN¥13.07 Million | CN¥359.91 Million | ▲ +0.4 pp |
| 2015 | 89.4% | CN¥144.10 Million | CN¥15.26 Million | CN¥421.37 Million | — |