Tianjin Jiuri New Materials Co Ltd (688199) — Tangible Net Worth Ratio

Latest as of June 2025: 93.4%

Tianjin Jiuri New Materials Co Ltd (688199) has a Tangible Net Worth Ratio of 93.4% as of June 2025. This metric is calculated by deducting intangible assets (CN¥175.28 Million) from net assets (CN¥2.65 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 688199 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

93.4%
Tangible equity / total equity

Net Assets (Equity)

CN¥2.65 Billion
CNY

Intangible Assets

CN¥175.28 Million
Goodwill, patents, brand value

Total Assets

CN¥4.14 Billion
CNY

Tianjin Jiuri New Materials Co Ltd Tangible Net Worth Ratio (2016–2024)

This chart shows how Tianjin Jiuri New Materials Co Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 93.4%, reflecting net assets of CN¥2.65 Billion with intangible assets of CN¥175.28 Million CNY. See defensive interval ratio of Tianjin Jiuri New Materials Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Tianjin Jiuri New Materials Co Ltd (2016–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Tianjin Jiuri New Materials Co Ltd from 2016 to 2024, covering 9 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 market value of Tianjin Jiuri New Materials Co Ltd.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 93.3% CN¥2.66 Billion CN¥179.27 Million CN¥4.01 Billion ▲ +0.1 pp
2023 93.1% CN¥2.72 Billion CN¥187.76 Million CN¥3.99 Billion ▲ +0.8 pp
2022 92.3% CN¥2.83 Billion CN¥216.36 Million CN¥4.11 Billion ▼ -0.8 pp
2021 93.1% CN¥2.84 Billion CN¥195.15 Million CN¥3.86 Billion ▼ -2.7 pp
2020 95.8% CN¥2.62 Billion CN¥110.19 Million CN¥3.30 Billion ▼ -3.8 pp
2019 99.5% CN¥2.67 Billion CN¥12.26 Million CN¥2.97 Billion ▲ +1.2 pp
2018 98.3% CN¥785.27 Million CN¥13.11 Million CN¥1.23 Billion ▲ +8.7 pp
2017 89.7% CN¥614.72 Million CN¥63.47 Million CN¥1.05 Billion ▼ -2.4 pp
2016 92.1% CN¥564.13 Million CN¥44.84 Million CN¥984.88 Million
pp = percentage points