Shanghai Mechanical & Electrical Industry Co Ltd B (900925) — Tangible Net Worth Ratio

Latest as of March 2026: 98.4%

Shanghai Mechanical & Electrical Industry Co Ltd B (900925) has a Tangible Net Worth Ratio of 98.4% as of March 2026. This metric is calculated by deducting intangible assets ($280.51 Million) from net assets ($17.07 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 900925 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

98.4%
Tangible equity / total equity

Net Assets (Equity)

$17.07 Billion
USD

Intangible Assets

$280.51 Million
Goodwill, patents, brand value

Total Assets

$32.88 Billion
USD

Shanghai Mechanical & Electrical Industry Co Ltd B Tangible Net Worth Ratio (1990–2025)

This chart shows how Shanghai Mechanical & Electrical Industry Co Ltd B's Tangible Net Worth Ratio has changed across 36 annual periods from 1990 to 2025. As of March 2026, the ratio stands at 98.4%, reflecting net assets of $17.07 Billion with intangible assets of $280.51 Million USD. See 900925 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shanghai Mechanical & Electrical Industry Co Ltd B (1990–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Mechanical & Electrical Industry Co Ltd B from 1990 to 2025, covering 36 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 Shanghai Mechanical & Electrical Industr (900925) market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 98.3% $17.08 Billion $283.13 Million $33.48 Billion ▲ +0.1 pp
2024 98.2% $16.34 Billion $286.41 Million $35.17 Billion ▲ +0.1 pp
2023 98.1% $16.21 Billion $301.45 Million $37.22 Billion ▲ +0.2 pp
2022 97.9% $15.58 Billion $327.07 Million $37.51 Billion ▲ +0.2 pp
2021 97.7% $14.64 Billion $337.95 Million $37.21 Billion ▲ +0.1 pp
2020 97.6% $14.39 Billion $349.70 Million $36.17 Billion ▲ +0.1 pp
2019 97.4% $13.67 Billion $351.61 Million $34.19 Billion ▲ +0.2 pp
2018 97.2% $13.13 Billion $362.40 Million $33.66 Billion ▲ +0.4 pp
2017 96.8% $12.43 Billion $393.83 Million $33.52 Billion ▲ +0.3 pp
2016 96.5% $11.59 Billion $401.50 Million $31.74 Billion ▼ -1.5 pp
2015 98.1% $10.49 Billion $204.16 Million $29.85 Billion ▲ +2.3 pp
2014 95.8% $8.61 Billion $362.47 Million $29.77 Billion ▼ -0.9 pp
2013 96.7% $8.07 Billion $269.86 Million $27.12 Billion ▲ +0.2 pp
2012 96.4% $7.13 Billion $256.00 Million $25.74 Billion ▼ -1.0 pp
2011 97.4% $7.83 Billion $199.64 Million $17.91 Billion ▲ +1.7 pp
2010 95.7% $7.39 Billion $315.43 Million $15.19 Billion ▲ +1.0 pp
2009 94.8% $6.77 Billion $354.63 Million $13.11 Billion ▼ -1.5 pp
2008 96.3% $6.19 Billion $230.17 Million $10.48 Billion ▲ +1.0 pp
2007 95.3% $5.66 Billion $265.20 Million $10.03 Billion ▲ +0.3 pp
2006 95.0% $5.18 Billion $260.83 Million $8.53 Billion ▲ +0.1 pp
2005 94.8% $4.90 Billion $253.68 Million $7.75 Billion ▲ +0.3 pp
2004 94.5% $4.93 Billion $272.04 Million $8.23 Billion ▲ +0.2 pp
2003 94.2% $4.65 Billion $268.07 Million $8.53 Billion ▼ -1.2 pp
2002 95.4% $4.15 Billion $191.34 Million $8.50 Billion ▼ -3.9 pp
2001 99.3% $3.88 Billion $28.15 Million $7.43 Billion ▲ +0.2 pp
2000 99.1% $3.77 Billion $34.87 Million $7.06 Billion ▲ +0.5 pp
1999 98.6% $3.60 Billion $51.61 Million $6.89 Billion ▲ +0.9 pp
1998 97.7% $2.11 Billion $48.46 Million $5.12 Billion ▲ +1.1 pp
1997 96.6% $1.24 Billion $41.96 Million $2.63 Billion ▲ +0.9 pp
1996 95.7% $1.16 Billion $49.53 Million $2.58 Billion ▲ +0.3 pp
1995 95.4% $1.08 Billion $49.33 Million $1.91 Billion ▼ -4.6 pp
1994 100.0% $1.08 Billion $0.00 $1.45 Billion ▲ +0.6 pp
1993 99.4% $492.69 Million $2.74 Million $1.04 Billion ▼ -0.6 pp
1992 100.0% $162.87 Million $0.00 $540.65 Million ▲ +0.0 pp
1991 100.0% $92.67 Million $0.00 $287.00 Million ▲ +0.0 pp
1990 100.0% $75.43 Million $0.00 $291.12 Million
pp = percentage points