Grand Baoxin Auto Group Limited (6BA) — Tangible Net Worth Ratio

Latest as of June 2024: 84.9%

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 net assets of Grand Baoxin Auto Group Limited for net asset value and shareholders' equity analysis.

Tangible NW Ratio

84.9%
Tangible equity / total equity

Net Assets (Equity)

€7.65 Billion
EUR

Intangible Assets

€1.16 Billion
Goodwill, patents, brand value

Total Assets

€21.10 Billion
EUR

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. Also explore Grand Baoxin Auto Group Limited (6BA) equity growth momentum to track the company's year-over-year net asset growth rate.

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 6BA company net worth.

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
pp = percentage points