Changzhou Fusion New Material Co. Ltd. A (688503) — Tangible Net Worth Ratio
Changzhou Fusion New Material Co. Ltd. A (688503) has a Tangible Net Worth Ratio of 97.9% as of June 2025. This metric is calculated by deducting intangible assets (CN¥97.77 Million) from net assets (CN¥4.75 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. Also explore Changzhou Fusion New Material Co. Ltd. A (688503) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Changzhou Fusion New Material Co. Ltd. A Tangible Net Worth Ratio (2020–2024)
This chart shows how Changzhou Fusion New Material Co. Ltd. A's Tangible Net Worth Ratio has changed across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 97.9%, reflecting net assets of CN¥4.75 Billion with intangible assets of CN¥97.77 Million CNY. For live market cap and overall valuation, see Changzhou Fusion New Material Co. Ltd. A stock valuation.
Annual Tangible Net Worth Ratio for Changzhou Fusion New Material Co. Ltd. A (2020–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Changzhou Fusion New Material Co. Ltd. A from 2020 to 2024, covering 5 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. See how financially flexible is Changzhou Fusion New Material Co. Ltd. A to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.7% | CN¥4.64 Billion | CN¥108.79 Million | CN¥7.98 Billion | ▲ +0.0 pp |
| 2023 | 97.7% | CN¥4.92 Billion | CN¥115.30 Million | CN¥7.50 Billion | ▲ +0.4 pp |
| 2022 | 97.2% | CN¥4.55 Billion | CN¥126.71 Million | CN¥5.81 Billion | ▲ +2.8 pp |
| 2021 | 94.4% | CN¥1.24 Billion | CN¥68.98 Million | CN¥2.86 Billion | ▼ -1.0 pp |
| 2020 | 95.4% | CN¥988.96 Million | CN¥45.22 Million | CN¥1.49 Billion | — |