China National Electric Apparatus R Tangible Net Worth Ratio
China National Electric Apparatus R tangible net worth ratio. China National Electric Apparatus R (688128) has a Tangible Net Worth Ratio of 94.7% as of March 2026. This metric is calculated by deducting intangible assets (CN¥193.36 Million) from net assets (CN¥3.63 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. Check how strategically is China National Electric Apparatus R's equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of China National Electric Apparatus R (2016–2025)
Tangible net worth ratio of China National Electric Apparatus R from 2016 to 2025. This chart shows how China National Electric Apparatus R's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 94.7%, reflecting net assets of CN¥3.63 Billion with intangible assets of CN¥193.36 Million CNY. See 688128 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
China National Electric Apparatus R Tangible Net Worth Ratio by Year (2016–2025)
China National Electric Apparatus R tangible net worth ratio by year from 2016 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for China National Electric Apparatus R from 2016 to 2025, covering 10 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 live market cap and overall valuation, see 688128 market cap.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.4% | CN¥11.86 Billion | CN¥195.47 Million | CN¥8.42 Billion | ▲ +3.3 pp |
| 2024 | 95.1% | CN¥3.25 Billion | CN¥160.68 Million | CN¥7.41 Billion | ▲ +0.7 pp |
| 2023 | 94.4% | CN¥2.96 Billion | CN¥165.69 Million | CN¥7.38 Billion | ▼ -1.8 pp |
| 2022 | 96.2% | CN¥2.68 Billion | CN¥100.97 Million | CN¥6.25 Billion | ▲ +0.3 pp |
| 2021 | 95.9% | CN¥2.46 Billion | CN¥100.41 Million | CN¥4.85 Billion | ▲ +0.3 pp |
| 2020 | 95.6% | CN¥2.32 Billion | CN¥101.67 Million | CN¥3.99 Billion | ▲ +0.5 pp |
| 2019 | 95.1% | CN¥2.16 Billion | CN¥104.63 Million | CN¥3.54 Billion | ▲ +4.9 pp |
| 2018 | 90.2% | CN¥1.04 Billion | CN¥101.50 Million | CN¥2.64 Billion | ▲ +0.3 pp |
| 2017 | 89.9% | CN¥997.44 Million | CN¥100.55 Million | CN¥2.39 Billion | ▲ +11.5 pp |
| 2016 | 78.5% | CN¥381.38 Million | CN¥82.12 Million | CN¥1.81 Billion | — |