China Railway Harbin Group of Technology Corp. A (688459) — Tangible Net Worth Ratio
China Railway Harbin Group of Technology Corp. A (688459) has a Tangible Net Worth Ratio of 98.4% as of March 2026. This metric is calculated by deducting intangible assets (CN¥56.20 Million) from net assets (CN¥3.56 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 China Railway Harbin Group of Technology current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
China Railway Harbin Group of Technology Corp. A Tangible Net Worth Ratio (2020–2025)
This chart shows how China Railway Harbin Group of Technology Corp. A's Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 98.4%, reflecting net assets of CN¥3.56 Billion with intangible assets of CN¥56.20 Million CNY. See 688459 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for China Railway Harbin Group of Technology Corp. A (2020–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for China Railway Harbin Group of Technology Corp. A from 2020 to 2025, 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 688459 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.4% | CN¥3.58 Billion | CN¥56.91 Million | CN¥4.40 Billion | ▲ +0.1 pp |
| 2024 | 98.3% | CN¥3.51 Billion | CN¥59.29 Million | CN¥4.25 Billion | ▼ -0.3 pp |
| 2023 | 98.6% | CN¥3.43 Billion | CN¥48.80 Million | CN¥4.05 Billion | ▲ +0.1 pp |
| 2022 | 98.5% | CN¥3.36 Billion | CN¥49.73 Million | CN¥3.87 Billion | ▲ +1.0 pp |
| 2021 | 97.6% | CN¥2.08 Billion | CN¥51.03 Million | CN¥2.65 Billion | ▼ -0.5 pp |
| 2020 | 98.1% | CN¥1.02 Billion | CN¥19.83 Million | CN¥1.47 Billion | — |