Zhuzhou Huarui Precision Cutting Tools Co Ltd (688059) — Tangible Net Worth Ratio
Zhuzhou Huarui Precision Cutting Tools Co Ltd (688059) has a Tangible Net Worth Ratio of 99.1% as of March 2026. This metric is calculated by deducting intangible assets (CN¥20.22 Million) from net assets (CN¥2.17 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 Zhuzhou Huarui Precision Cutting Tools C current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Zhuzhou Huarui Precision Cutting Tools Co Ltd Tangible Net Worth Ratio (2017–2025)
This chart shows how Zhuzhou Huarui Precision Cutting Tools Co Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 99.1%, reflecting net assets of CN¥2.17 Billion with intangible assets of CN¥20.22 Million CNY. See 688059 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Zhuzhou Huarui Precision Cutting Tools Co Ltd (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Zhuzhou Huarui Precision Cutting Tools Co Ltd from 2017 to 2025, 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 how much is Zhuzhou Huarui Precision Cutting Tools C worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.7% | CN¥1.62 Billion | CN¥20.70 Million | CN¥2.96 Billion | ▲ +0.4 pp |
| 2024 | 98.3% | CN¥1.33 Billion | CN¥22.99 Million | CN¥2.53 Billion | ▲ +0.3 pp |
| 2023 | 98.0% | CN¥1.26 Billion | CN¥24.96 Million | CN¥2.21 Billion | ▲ +0.2 pp |
| 2022 | 97.9% | CN¥1.11 Billion | CN¥23.93 Million | CN¥1.89 Billion | ▲ +0.0 pp |
| 2021 | 97.8% | CN¥889.21 Million | CN¥19.39 Million | CN¥1.15 Billion | ▲ +2.6 pp |
| 2020 | 95.2% | CN¥411.17 Million | CN¥19.85 Million | CN¥618.38 Million | ▼ -2.9 pp |
| 2019 | 98.1% | CN¥322.17 Million | CN¥6.06 Million | CN¥531.05 Million | ▲ +0.6 pp |
| 2018 | 97.5% | CN¥256.95 Million | CN¥6.39 Million | CN¥411.88 Million | ▲ +1.5 pp |
| 2017 | 96.0% | CN¥144.66 Million | CN¥5.75 Million | CN¥299.98 Million | — |