Tiangong International Company Limited (34T1) — Tangible Net Worth Ratio
Tiangong International Company Limited (34T1) has a Tangible Net Worth Ratio of 96.2% as of June 2025. This metric is calculated by deducting intangible assets (€293.54 Million) from net assets (€7.81 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 Tiangong International Company Limited equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tiangong International Company Limited Tangible Net Worth Ratio (2013–2024)
This chart shows how Tiangong International Company Limited's Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of June 2025, the ratio stands at 96.2%, reflecting net assets of €7.81 Billion with intangible assets of €293.54 Million EUR. For live market cap and overall valuation, see Tiangong International Company Limited stock valuation.
Annual Tangible Net Worth Ratio for Tiangong International Company Limited (2013–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Tiangong International Company Limited from 2013 to 2024, 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 34T1 capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.0% | €7.45 Billion | €298.94 Million | €13.29 Billion | ▲ +0.1 pp |
| 2023 | 95.8% | €7.38 Billion | €306.59 Million | €13.56 Billion | ▲ +0.0 pp |
| 2022 | 95.8% | €7.14 Billion | €299.18 Million | €13.36 Billion | ▼ -1.6 pp |
| 2021 | 97.4% | €6.89 Billion | €180.16 Million | €12.56 Billion | ▲ +0.3 pp |
| 2020 | 97.0% | €5.64 Billion | €166.42 Million | €11.20 Billion | ▼ -0.8 pp |
| 2019 | 97.8% | €5.20 Billion | €113.35 Million | €10.22 Billion | ▼ -0.2 pp |
| 2018 | 98.1% | €4.82 Billion | €93.63 Million | €10.04 Billion | ▼ -0.3 pp |
| 2017 | 98.4% | €4.30 Billion | €70.88 Million | €8.70 Billion | ▲ +0.1 pp |
| 2016 | 98.3% | €4.16 Billion | €72.62 Million | €8.30 Billion | ▼ -1.7 pp |
| 2015 | 100.0% | €3.88 Billion | €0.00 | €8.38 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | €3.93 Billion | €0.00 | €8.36 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | €3.18 Billion | €0.00 | €7.16 Billion | — |