Xiangyu Medical Co. Ltd. A (688626) — Tangible Net Worth Ratio

Latest as of September 2025: 88.9%

Xiangyu Medical Co. Ltd. A (688626) has a Tangible Net Worth Ratio of 88.9% as of September 2025. This metric is calculated by deducting intangible assets (CN¥225.79 Million) from net assets (CN¥2.04 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 688626 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

88.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥2.04 Billion
CNY

Intangible Assets

CN¥225.79 Million
Goodwill, patents, brand value

Total Assets

CN¥3.27 Billion
CNY

Xiangyu Medical Co. Ltd. A Tangible Net Worth Ratio (2017–2024)

This chart shows how Xiangyu Medical Co. Ltd. A's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 88.9%, reflecting net assets of CN¥2.04 Billion with intangible assets of CN¥225.79 Million CNY. See defensive interval ratio of Xiangyu Medical Co. Ltd. A to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Xiangyu Medical Co. Ltd. A (2017–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Xiangyu Medical Co. Ltd. A from 2017 to 2024, covering 8 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 Xiangyu Medical Co. Ltd. A market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 89.4% CN¥2.05 Billion CN¥216.89 Million CN¥2.93 Billion ▼ -0.7 pp
2023 90.1% CN¥2.11 Billion CN¥207.70 Million CN¥2.59 Billion ▲ +0.7 pp
2022 89.5% CN¥1.94 Billion CN¥204.25 Million CN¥2.37 Billion ▲ +0.2 pp
2021 89.3% CN¥1.95 Billion CN¥208.78 Million CN¥2.18 Billion ▼ -3.8 pp
2020 93.1% CN¥743.29 Million CN¥51.62 Million CN¥981.53 Million ▲ +1.2 pp
2019 91.8% CN¥547.28 Million CN¥44.63 Million CN¥724.07 Million ▲ +0.1 pp
2018 91.7% CN¥414.81 Million CN¥34.25 Million CN¥561.49 Million ▲ +27.3 pp
2017 64.4% CN¥99.09 Million CN¥35.26 Million CN¥401.67 Million
pp = percentage points