Zhuzhou CRRC Times Electric Co Ltd (688187) — Tangible Net Worth Ratio
Zhuzhou CRRC Times Electric Co Ltd (688187) has a Tangible Net Worth Ratio of 96.3% as of December 2025. This metric is calculated by deducting intangible assets (CN¥1.70 Billion) from net assets (CN¥45.92 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 688187 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Zhuzhou CRRC Times Electric Co Ltd Tangible Net Worth Ratio (2019–2025)
This chart shows how Zhuzhou CRRC Times Electric Co Ltd's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 96.3%, reflecting net assets of CN¥45.92 Billion with intangible assets of CN¥1.70 Billion CNY. See Zhuzhou CRRC Times Electric Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Zhuzhou CRRC Times Electric Co Ltd (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Zhuzhou CRRC Times Electric Co Ltd from 2019 to 2025, covering 7 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 688187 market cap.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.3% | CN¥45.92 Billion | CN¥1.70 Billion | CN¥72.08 Billion | ▲ +0.0 pp |
| 2024 | 96.3% | CN¥44.76 Billion | CN¥1.66 Billion | CN¥64.80 Billion | ▲ +0.7 pp |
| 2023 | 95.6% | CN¥37.72 Billion | CN¥1.66 Billion | CN¥53.40 Billion | ▼ -1.2 pp |
| 2022 | 96.8% | CN¥35.30 Billion | CN¥1.12 Billion | CN¥48.51 Billion | ▲ +0.3 pp |
| 2021 | 96.6% | CN¥33.29 Billion | CN¥1.14 Billion | CN¥44.15 Billion | ▲ +1.4 pp |
| 2020 | 95.2% | CN¥24.26 Billion | CN¥1.17 Billion | CN¥33.87 Billion | ▼ -0.3 pp |
| 2019 | 95.5% | CN¥22.20 Billion | CN¥1.01 Billion | CN¥32.99 Billion | — |