Zhe Jiang Headman Machinery Co Ltd (688577) — Tangible Net Worth Ratio

Latest as of June 2026: 67.8%

Zhe Jiang Headman Machinery Co Ltd (688577) has a Tangible Net Worth Ratio of 67.8% as of June 2026. This metric is calculated by deducting intangible assets (CN¥329.29 Million) from net assets (CN¥1.02 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 Zhe Jiang Headman Machinery Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

67.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.02 Billion
CNY

Intangible Assets

CN¥329.29 Million
Goodwill, patents, brand value

Total Assets

CN¥1.99 Billion
CNY

Zhe Jiang Headman Machinery Co Ltd Tangible Net Worth Ratio (2013–2025)

This chart shows how Zhe Jiang Headman Machinery Co Ltd's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of June 2026, the ratio stands at 67.8%, reflecting net assets of CN¥1.02 Billion with intangible assets of CN¥329.29 Million CNY. For live market cap and overall valuation, see Zhe Jiang Headman Machinery Co Ltd market cap and net worth.

Annual Tangible Net Worth Ratio for Zhe Jiang Headman Machinery Co Ltd (2013–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Zhe Jiang Headman Machinery Co Ltd from 2013 to 2025, 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. Explore 688577 capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 97.1% CN¥2.68 Billion CN¥78.63 Million CN¥1.69 Billion ▲ +5.3 pp
2024 91.8% CN¥1.01 Billion CN¥83.13 Million CN¥1.67 Billion ▲ +1.7 pp
2023 90.1% CN¥883.31 Million CN¥87.17 Million CN¥1.45 Billion ▼ -3.1 pp
2022 93.2% CN¥864.59 Million CN¥58.62 Million CN¥1.38 Billion ▲ +0.1 pp
2021 93.1% CN¥812.86 Million CN¥55.73 Million CN¥1.22 Billion ▲ +0.6 pp
2020 92.5% CN¥765.74 Million CN¥57.12 Million CN¥1.05 Billion ▲ +9.9 pp
2019 82.7% CN¥330.55 Million CN¥57.33 Million CN¥571.26 Million ▲ +2.1 pp
2018 80.6% CN¥302.58 Million CN¥58.85 Million CN¥555.18 Million ▼ -12.1 pp
2017 92.7% CN¥195.71 Million CN¥14.37 Million CN¥475.25 Million ▲ +3.9 pp
2016 88.7% CN¥130.04 Million CN¥14.66 Million CN¥334.22 Million ▲ +1.1 pp
2015 87.6% CN¥120.69 Million CN¥14.92 Million CN¥281.43 Million ▼ -6.0 pp
2014 93.6% CN¥108.09 Million CN¥6.93 Million CN¥293.24 Million ▼ -1.4 pp
2013 95.0% CN¥105.09 Million CN¥5.23 Million CN¥271.83 Million
pp = percentage points