XTC New Energy Materials Xiamen Co Ltd (688778) — Tangible Net Worth Ratio

Latest as of March 2026: 95.3%

XTC New Energy Materials Xiamen Co Ltd (688778) has a Tangible Net Worth Ratio of 95.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥464.53 Million) from net assets (CN¥9.83 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 how fast is XTC New Energy Materials Xiamen Co Ltd growing its equity to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

95.3%
Tangible equity / total equity

Net Assets (Equity)

CN¥9.83 Billion
CNY

Intangible Assets

CN¥464.53 Million
Goodwill, patents, brand value

Total Assets

CN¥22.70 Billion
CNY

XTC New Energy Materials Xiamen Co Ltd Tangible Net Worth Ratio (2017–2025)

This chart shows how XTC New Energy Materials Xiamen 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 95.3%, reflecting net assets of CN¥9.83 Billion with intangible assets of CN¥464.53 Million CNY. For live market cap and overall valuation, see XTC New Energy Materials Xiamen Co Ltd market cap and net worth.

Annual Tangible Net Worth Ratio for XTC New Energy Materials Xiamen Co Ltd (2017–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for XTC New Energy Materials Xiamen 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. Explore 688778 capital reinvestment ratio 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 98.5% CN¥31.38 Billion CN¥468.30 Million CN¥21.96 Billion ▲ +2.6 pp
2024 95.9% CN¥9.06 Billion CN¥368.66 Million CN¥14.75 Billion ▲ +0.2 pp
2023 95.7% CN¥8.84 Billion CN¥377.54 Million CN¥13.48 Billion ▼ -0.9 pp
2022 96.6% CN¥8.35 Billion CN¥280.23 Million CN¥15.38 Billion ▲ +2.8 pp
2021 93.9% CN¥3.96 Billion CN¥242.33 Million CN¥10.68 Billion ▲ +7.6 pp
2020 86.3% CN¥1.81 Billion CN¥247.81 Million CN¥6.22 Billion ▲ +2.4 pp
2019 83.8% CN¥1.57 Billion CN¥253.29 Million CN¥5.35 Billion ▲ +1.1 pp
2018 82.8% CN¥810.39 Million CN¥139.44 Million CN¥5.55 Billion ▲ +2.0 pp
2017 80.8% CN¥729.63 Million CN¥140.45 Million CN¥3.77 Billion
pp = percentage points