Shaanxi Huaqin Technology Industry Co. Ltd. A (688281) — Tangible Net Worth Ratio

Latest as of June 2025: 96.7%

Shaanxi Huaqin Technology Industry Co. Ltd. A (688281) has a Tangible Net Worth Ratio of 96.7% as of June 2025. This metric is calculated by deducting intangible assets (CN¥162.22 Million) from net assets (CN¥4.86 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 688281 book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

96.7%
Tangible equity / total equity

Net Assets (Equity)

CN¥4.86 Billion
CNY

Intangible Assets

CN¥162.22 Million
Goodwill, patents, brand value

Total Assets

CN¥6.52 Billion
CNY

Shaanxi Huaqin Technology Industry Co. Ltd. A Tangible Net Worth Ratio (2019–2024)

This chart shows how Shaanxi Huaqin Technology Industry Co. Ltd. A's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 96.7%, reflecting net assets of CN¥4.86 Billion with intangible assets of CN¥162.22 Million CNY. Also explore 688281 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Shaanxi Huaqin Technology Industry Co. Ltd. A (2019–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shaanxi Huaqin Technology Industry Co. Ltd. A from 2019 to 2024, covering 6 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 688281 market cap.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 97.0% CN¥4.67 Billion CN¥139.91 Million CN¥6.05 Billion ▼ -0.4 pp
2023 97.4% CN¥4.31 Billion CN¥110.80 Million CN¥5.16 Billion ▼ -1.4 pp
2022 98.8% CN¥3.86 Billion CN¥45.84 Million CN¥4.22 Billion ▲ +7.5 pp
2021 91.3% CN¥535.94 Million CN¥46.69 Million CN¥768.39 Million ▼ -6.8 pp
2020 98.1% CN¥302.77 Million CN¥5.65 Million CN¥563.29 Million ▲ +2.0 pp
2019 96.1% CN¥129.06 Million CN¥5.05 Million CN¥300.49 Million
pp = percentage points