Shanghai Haohai Biological Tech Co (688366) — Tangible Net Worth Ratio

Latest as of September 2025: 88.8%

Shanghai Haohai Biological Tech Co (688366) has a Tangible Net Worth Ratio of 88.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥661.13 Million) from net assets (CN¥5.88 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 688366 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

88.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥5.88 Billion
CNY

Intangible Assets

CN¥661.13 Million
Goodwill, patents, brand value

Total Assets

CN¥7.12 Billion
CNY

Shanghai Haohai Biological Tech Co Tangible Net Worth Ratio (2012–2024)

This chart shows how Shanghai Haohai Biological Tech Co's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 88.8%, reflecting net assets of CN¥5.88 Billion with intangible assets of CN¥661.13 Million CNY. See 688366 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shanghai Haohai Biological Tech Co (2012–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Haohai Biological Tech Co from 2012 to 2024, covering 13 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 Shanghai Haohai Biological Tech Co market cap and net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 88.1% CN¥5.92 Billion CN¥705.10 Million CN¥7.12 Billion ▼ -2.4 pp
2023 90.4% CN¥6.02 Billion CN¥574.88 Million CN¥7.11 Billion ▲ +3.7 pp
2022 86.7% CN¥5.90 Billion CN¥783.53 Million CN¥6.89 Billion ▼ -0.4 pp
2021 87.1% CN¥6.06 Billion CN¥783.14 Million CN¥6.95 Billion ▼ -2.8 pp
2020 89.9% CN¥5.73 Billion CN¥578.89 Million CN¥6.30 Billion ▼ -2.5 pp
2019 92.4% CN¥5.65 Billion CN¥430.61 Million CN¥6.15 Billion ▲ +4.6 pp
2018 87.8% CN¥3.84 Billion CN¥467.12 Million CN¥4.44 Billion ▲ +2.4 pp
2017 85.4% CN¥3.37 Billion CN¥490.15 Million CN¥4.08 Billion ▼ -3.6 pp
2016 89.1% CN¥2.99 Billion CN¥326.29 Million CN¥3.69 Billion ▼ -9.6 pp
2015 98.7% CN¥2.67 Billion CN¥34.89 Million CN¥2.82 Billion ▲ +4.8 pp
2014 93.9% CN¥594.16 Million CN¥36.41 Million CN¥751.90 Million ▼ -5.2 pp
2013 99.1% CN¥545.05 Million CN¥5.14 Million CN¥621.18 Million ▲ +0.9 pp
2012 98.1% CN¥393.33 Million CN¥7.44 Million CN¥448.04 Million
pp = percentage points