Shanghai Material Trading Co Ltd B (900927) — Tangible Net Worth Ratio

Latest as of March 2026: 98.9%

Shanghai Material Trading Co Ltd B (900927) has a Tangible Net Worth Ratio of 98.9% as of March 2026. This metric is calculated by deducting intangible assets ($13.26 Million) from net assets ($1.26 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 what is Shanghai Material Trading Co Ltd B's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

98.9%
Tangible equity / total equity

Net Assets (Equity)

$1.26 Billion
USD

Intangible Assets

$13.26 Million
Goodwill, patents, brand value

Total Assets

$1.72 Billion
USD

Shanghai Material Trading Co Ltd B Tangible Net Worth Ratio (2015–2025)

This chart shows how Shanghai Material Trading Co Ltd B's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 98.9%, reflecting net assets of $1.26 Billion with intangible assets of $13.26 Million USD. Also explore Shanghai Material Trading Co Ltd B net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Shanghai Material Trading Co Ltd B (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Material Trading Co Ltd B from 2015 to 2025, covering 11 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 how much is Shanghai Material Trading Co Ltd B worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 98.9% $1.25 Billion $13.71 Million $1.69 Billion ▲ +0.0 pp
2024 98.9% $1.23 Billion $13.84 Million $2.03 Billion ▲ +0.1 pp
2023 98.8% $1.19 Billion $14.39 Million $3.13 Billion ▲ +0.1 pp
2022 98.6% $1.07 Billion $14.45 Million $3.47 Billion ▲ +0.1 pp
2021 98.5% $989.24 Million $14.59 Million $2.01 Billion ▲ +2.2 pp
2020 96.3% $842.98 Million $30.92 Million $2.19 Billion ▲ +0.7 pp
2019 95.6% $734.57 Million $31.97 Million $1.60 Billion ▲ +0.6 pp
2018 95.0% $662.00 Million $33.01 Million $1.71 Billion ▲ +0.4 pp
2017 94.6% $616.31 Million $33.07 Million $2.04 Billion ▲ +0.6 pp
2016 94.1% $589.22 Million $34.89 Million $2.08 Billion ▲ +5.0 pp
2015 89.1% $332.46 Million $36.28 Million $5.39 Billion
pp = percentage points