Grand Baoxin Auto Group Limited (6BA) — Tangible Net Worth Ratio
Grand Baoxin Auto Group Limited (6BA) has a Tangible Net Worth Ratio of 84.9% as of June 2024. This metric is calculated by deducting intangible assets (€1.16 Billion) from net assets (€7.65 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 6BA working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Grand Baoxin Auto Group Limited Tangible Net Worth Ratio (2013–2023)
This chart shows how Grand Baoxin Auto Group Limited's Tangible Net Worth Ratio has changed across 11 annual periods from 2013 to 2023. As of June 2024, the ratio stands at 84.9%, reflecting net assets of €7.65 Billion with intangible assets of €1.16 Billion EUR. See 6BA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Grand Baoxin Auto Group Limited (2013–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Grand Baoxin Auto Group Limited from 2013 to 2023, 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 Grand Baoxin Auto Group Limited stock valuation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 84.6% | €7.74 Billion | €1.19 Billion | €23.09 Billion | ▲ +1.5 pp |
| 2022 | 83.2% | €7.67 Billion | €1.29 Billion | €25.18 Billion | ▼ -1.2 pp |
| 2021 | 84.4% | €8.67 Billion | €1.35 Billion | €28.09 Billion | ▲ +2.0 pp |
| 2020 | 82.4% | €8.01 Billion | €1.41 Billion | €28.56 Billion | ▲ +7.2 pp |
| 2019 | 75.2% | €7.70 Billion | €1.91 Billion | €28.78 Billion | ▲ +3.1 pp |
| 2018 | 72.1% | €7.10 Billion | €1.98 Billion | €28.13 Billion | ▼ -4.1 pp |
| 2017 | 76.2% | €6.86 Billion | €1.63 Billion | €25.44 Billion | ▲ +5.8 pp |
| 2016 | 70.5% | €5.04 Billion | €1.49 Billion | €21.79 Billion | ▼ -11.8 pp |
| 2015 | 82.2% | €4.97 Billion | €882.86 Million | €18.81 Billion | ▲ +2.4 pp |
| 2014 | 79.9% | €5.15 Billion | €1.04 Billion | €19.78 Billion | ▲ +0.8 pp |
| 2013 | 79.1% | €4.72 Billion | €987.70 Million | €17.87 Billion | — |