Zhuzhou CRRC Times Electric Co Ltd (688187) — Tangible Net Worth Ratio

Latest as of December 2025: 96.3%

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 shareholders equity of Zhuzhou CRRC Times Electric Co Ltd for net asset value and shareholders' equity analysis.

Tangible NW Ratio

96.3%
Tangible equity / total equity

Net Assets (Equity)

CN¥45.92 Billion
CNY

Intangible Assets

CN¥1.70 Billion
Goodwill, patents, brand value

Total Assets

CN¥72.08 Billion
CNY

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. Also explore 688187 net asset momentum to track the company's year-over-year net asset growth rate.

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 Zhuzhou CRRC Times Electric Co Ltd market capitalisation.

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
pp = percentage points