Bio-Thera Solutions Ltd (688177) — Tangible Net Worth Ratio

Latest as of March 2026: -25.2%

Bio-Thera Solutions Ltd (688177) has a Tangible Net Worth Ratio of -25.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥280.64 Million) from net assets (CN¥224.12 Million) 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 688177 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-25.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥224.12 Million
CNY

Intangible Assets

CN¥280.64 Million
Goodwill, patents, brand value

Total Assets

CN¥2.39 Billion
CNY

Bio-Thera Solutions Ltd Tangible Net Worth Ratio (2016–2025)

This chart shows how Bio-Thera Solutions Ltd's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at -25.2%, reflecting net assets of CN¥224.12 Million with intangible assets of CN¥280.64 Million CNY. See Bio-Thera Solutions Ltd (688177) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Bio-Thera Solutions Ltd (2016–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Bio-Thera Solutions Ltd 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 the full company profile including market capitalisation, see Bio-Thera Solutions Ltd (688177) market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 41.9% CN¥376.03 Million CN¥218.44 Million CN¥2.29 Billion ▼ -26.4 pp
2024 68.4% CN¥708.09 Million CN¥224.10 Million CN¥2.21 Billion ▼ -12.7 pp
2023 81.0% CN¥1.21 Billion CN¥230.38 Million CN¥2.29 Billion ▼ -4.4 pp
2022 85.4% CN¥1.61 Billion CN¥234.18 Million CN¥2.18 Billion ▼ -3.1 pp
2021 88.5% CN¥2.09 Billion CN¥239.47 Million CN¥2.62 Billion ▲ +0.8 pp
2020 87.8% CN¥2.01 Billion CN¥245.44 Million CN¥2.39 Billion ▼ -12.1 pp
2019 99.9% CN¥630.67 Million CN¥795.53K CN¥1.01 Billion ▼ -0.1 pp
2018 100.0% CN¥801.32 Million CN¥251.96K CN¥1.02 Billion ▲ +0.1 pp
2017 99.9% CN¥347.55 Million CN¥373.71K CN¥618.94 Million ▼ 0.0 pp
2016 99.9% CN¥534.43 Million CN¥314.20K CN¥708.29 Million
pp = percentage points