Jinan Shengquan Group Share Holding Co Ltd (605589) — Tangible Net Worth Ratio

Latest as of September 2025: 91.2%

Jinan Shengquan Group Share Holding Co Ltd (605589) has a Tangible Net Worth Ratio of 91.2% as of September 2025. This metric is calculated by deducting intangible assets (CN¥950.03 Million) from net assets (CN¥10.86 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 how liquid is Jinan Shengquan Group Share Holding Co L's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

91.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥10.86 Billion
CNY

Intangible Assets

CN¥950.03 Million
Goodwill, patents, brand value

Total Assets

CN¥16.54 Billion
CNY

Jinan Shengquan Group Share Holding Co Ltd Tangible Net Worth Ratio (2010–2024)

This chart shows how Jinan Shengquan Group Share Holding Co Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2010 to 2024. As of September 2025, the ratio stands at 91.2%, reflecting net assets of CN¥10.86 Billion with intangible assets of CN¥950.03 Million CNY. See 605589 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Jinan Shengquan Group Share Holding Co Ltd (2010–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Jinan Shengquan Group Share Holding Co Ltd from 2010 to 2024, covering 15 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 Jinan Shengquan Group Share Holding Co L (605589) market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 91.8% CN¥10.57 Billion CN¥862.46 Million CN¥14.73 Billion ▲ +1.1 pp
2023 90.8% CN¥9.58 Billion CN¥882.63 Million CN¥13.46 Billion ▼ -1.1 pp
2022 91.8% CN¥8.74 Billion CN¥712.40 Million CN¥12.49 Billion ▲ +0.2 pp
2021 91.6% CN¥8.12 Billion CN¥681.14 Million CN¥13.65 Billion ▲ +1.8 pp
2020 89.8% CN¥5.73 Billion CN¥585.71 Million CN¥10.91 Billion ▼ -2.1 pp
2019 91.9% CN¥4.92 Billion CN¥399.31 Million CN¥7.23 Billion ▼ -0.1 pp
2018 92.0% CN¥4.55 Billion CN¥364.62 Million CN¥7.61 Billion ▲ +1.8 pp
2017 90.2% CN¥3.60 Billion CN¥352.06 Million CN¥7.08 Billion ▲ +1.1 pp
2016 89.1% CN¥3.31 Billion CN¥361.31 Million CN¥6.19 Billion ▼ -0.4 pp
2015 89.5% CN¥3.08 Billion CN¥324.39 Million CN¥6.11 Billion ▲ +6.2 pp
2014 83.3% CN¥1.97 Billion CN¥329.01 Million CN¥5.80 Billion ▼ -5.3 pp
2013 88.6% CN¥1.69 Billion CN¥192.61 Million CN¥5.68 Billion ▼ -0.7 pp
2012 89.3% CN¥1.45 Billion CN¥154.85 Million CN¥4.49 Billion ▼ -0.4 pp
2011 89.7% CN¥1.25 Billion CN¥128.38 Million CN¥3.86 Billion ▲ +0.1 pp
2010 89.7% CN¥1.18 Billion CN¥122.00 Million CN¥3.02 Billion
pp = percentage points