Qingdao Daneng Environmental Protection Equipment Co Ltd Tangible Net Worth Ratio
Qingdao Daneng Environmental Protection Equipment Co Ltd tangible net worth ratio. Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) has a Tangible Net Worth Ratio of 88.7% as of March 2026. This metric is calculated by deducting intangible assets (CN¥134.78 Million) from net assets (CN¥1.19 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. Check how strategically is Qingdao Daneng Environmental Protection 's equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Qingdao Daneng Environmental Protection Equipment Co Ltd (2017–2025)
Tangible net worth ratio of Qingdao Daneng Environmental Protection Equipment Co Ltd from 2017 to 2025. This chart shows how Qingdao Daneng Environmental Protection Equipment Co Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 88.7%, reflecting net assets of CN¥1.19 Billion with intangible assets of CN¥134.78 Million CNY. See 688501 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Qingdao Daneng Environmental Protection Equipment Co Ltd Tangible Net Worth Ratio by Year (2017–2025)
Qingdao Daneng Environmental Protection Equipment Co Ltd tangible net worth ratio by year from 2017 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Qingdao Daneng Environmental Protection Equipment Co Ltd from 2017 to 2025, 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 live market cap and overall valuation, see 688501 stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 88.3% | CN¥1.16 Billion | CN¥135.92 Million | CN¥2.85 Billion | ▲ +1.8 pp |
| 2024 | 86.6% | CN¥995.18 Million | CN¥133.70 Million | CN¥3.08 Billion | ▼ -10.0 pp |
| 2023 | 96.6% | CN¥910.45 Million | CN¥31.24 Million | CN¥1.93 Billion | ▲ +0.5 pp |
| 2022 | 96.1% | CN¥825.65 Million | CN¥32.20 Million | CN¥1.69 Billion | ▲ +0.4 pp |
| 2021 | 95.7% | CN¥770.01 Million | CN¥32.77 Million | CN¥1.41 Billion | ▲ +2.5 pp |
| 2020 | 93.3% | CN¥509.53 Million | CN¥34.32 Million | CN¥1.11 Billion | ▼ -0.7 pp |
| 2019 | 94.0% | CN¥455.11 Million | CN¥27.51 Million | CN¥1.03 Billion | ▲ +0.4 pp |
| 2018 | 93.6% | CN¥407.58 Million | CN¥26.16 Million | CN¥941.15 Million | ▲ +1.2 pp |
| 2017 | 92.4% | CN¥352.13 Million | CN¥26.87 Million | CN¥874.73 Million | — |