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. Also explore 688187 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see 688187 stock market capitalisation.
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. Explore 688187 capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |