Angang Steel Company Limited (GNV) — Tangible Net Worth Ratio
Angang Steel Company Limited (GNV) has a Tangible Net Worth Ratio of 86.3% as of June 2025. This metric is calculated by deducting intangible assets (€6.53 Billion) from net assets (€47.65 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 Angang Steel Company Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Angang Steel Company Limited Tangible Net Worth Ratio (2013–2024)
This chart shows how Angang Steel 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 86.3%, reflecting net assets of €47.65 Billion with intangible assets of €6.53 Billion EUR. See GNV days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Angang Steel Company Limited (2013–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Angang Steel 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. For the full company profile including market capitalisation, see Angang Steel Company Limited (GNV) total market value.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 86.2% | €48.67 Billion | €6.71 Billion | €100.58 Billion | ▼ -1.5 pp |
| 2023 | 87.7% | €55.39 Billion | €6.82 Billion | €97.01 Billion | ▼ -1.2 pp |
| 2022 | 88.9% | €58.80 Billion | €6.55 Billion | €96.94 Billion | ▼ -1.0 pp |
| 2021 | 89.9% | €60.19 Billion | €6.08 Billion | €97.53 Billion | ▲ +1.0 pp |
| 2020 | 88.9% | €53.86 Billion | €5.99 Billion | €88.05 Billion | ▲ +0.6 pp |
| 2019 | 88.3% | €52.55 Billion | €6.16 Billion | €87.81 Billion | ▲ +0.3 pp |
| 2018 | 88.0% | €52.47 Billion | €6.32 Billion | €90.02 Billion | ▲ +0.3 pp |
| 2017 | 87.7% | €50.39 Billion | €6.20 Billion | €89.20 Billion | ▲ +0.4 pp |
| 2016 | 87.3% | €45.29 Billion | €5.75 Billion | €88.07 Billion | ▲ +1.2 pp |
| 2015 | 86.1% | €43.68 Billion | €6.09 Billion | €88.60 Billion | ▼ -1.0 pp |
| 2014 | 87.1% | €48.20 Billion | €6.23 Billion | €91.29 Billion | ▲ +0.1 pp |
| 2013 | 86.9% | €47.09 Billion | €6.15 Billion | €92.86 Billion | — |