Guizhou Zhenhua E chem Inc (688707) — Tangible Net Worth Ratio
Guizhou Zhenhua E chem Inc (688707) has a Tangible Net Worth Ratio of 94.1% as of June 2026. This metric is calculated by deducting intangible assets (CN¥223.92 Million) from net assets (CN¥3.81 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 net asset momentum of Guizhou Zhenhua E chem Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Guizhou Zhenhua E chem Inc Tangible Net Worth Ratio (2014–2025)
This chart shows how Guizhou Zhenhua E chem Inc's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of June 2026, the ratio stands at 94.1%, reflecting net assets of CN¥3.81 Billion with intangible assets of CN¥223.92 Million CNY. For live market cap and overall valuation, see 688707 company net worth.
Annual Tangible Net Worth Ratio for Guizhou Zhenhua E chem Inc (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Guizhou Zhenhua E chem Inc from 2014 to 2025, covering 12 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 688707 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 | 97.9% | CN¥10.65 Billion | CN¥227.70 Million | CN¥6.57 Billion | ▲ +3.1 pp |
| 2024 | 94.7% | CN¥4.42 Billion | CN¥232.20 Million | CN¥7.81 Billion | ▲ +0.2 pp |
| 2023 | 94.6% | CN¥3.88 Billion | CN¥210.89 Million | CN¥9.63 Billion | ▼ -0.1 pp |
| 2022 | 94.7% | CN¥4.09 Billion | CN¥216.05 Million | CN¥11.07 Billion | ▼ -1.8 pp |
| 2021 | 96.5% | CN¥2.93 Billion | CN¥101.20 Million | CN¥6.95 Billion | ▲ +4.7 pp |
| 2020 | 91.9% | CN¥1.28 Billion | CN¥104.03 Million | CN¥4.26 Billion | ▼ -0.8 pp |
| 2019 | 92.6% | CN¥1.45 Billion | CN¥106.73 Million | CN¥3.56 Billion | ▲ +3.7 pp |
| 2018 | 88.9% | CN¥902.88 Million | CN¥100.19 Million | CN¥3.49 Billion | ▼ -5.5 pp |
| 2017 | 94.4% | CN¥905.92 Million | CN¥50.62 Million | CN¥2.51 Billion | ▲ +9.3 pp |
| 2016 | 85.1% | CN¥241.85 Million | CN¥36.11 Million | CN¥842.75 Million | ▲ +4.7 pp |
| 2015 | 80.4% | CN¥177.75 Million | CN¥34.81 Million | CN¥842.45 Million | ▲ +16.1 pp |
| 2014 | 64.3% | CN¥102.14 Million | CN¥36.47 Million | CN¥678.46 Million | — |