Shengli Oil & Gas Pipe Holdings Limited (GSG) — Tangible Net Worth Ratio
Shengli Oil & Gas Pipe Holdings Limited (GSG) has a Tangible Net Worth Ratio of 57.2% as of December 2025. This metric is calculated by deducting intangible assets (€162.23 Million) from net assets (€378.99 Million) 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 GSG 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
Shengli Oil & Gas Pipe Holdings Limited Tangible Net Worth Ratio (2013–2025)
This chart shows how Shengli Oil & Gas Pipe Holdings Limited's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 57.2%, reflecting net assets of €378.99 Million with intangible assets of €162.23 Million EUR. See Shengli Oil & Gas Pipe Holdings Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Shengli Oil & Gas Pipe Holdings Limited (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Shengli Oil & Gas Pipe Holdings Limited from 2013 to 2025, covering 13 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 market cap of Shengli Oil & Gas Pipe Holdings Limited.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 57.2% | €378.99 Million | €162.23 Million | €1.01 Billion | ▼ -3.8 pp |
| 2024 | 61.0% | €427.33 Million | €166.55 Million | €1.06 Billion | ▼ -5.0 pp |
| 2023 | 66.1% | €503.43 Million | €170.86 Million | €1.08 Billion | ▼ -4.9 pp |
| 2022 | 70.9% | €602.59 Million | €175.18 Million | €1.16 Billion | ▲ +6.7 pp |
| 2021 | 64.2% | €627.47 Million | €224.36 Million | €1.92 Billion | ▼ -8.7 pp |
| 2020 | 73.0% | €857.76 Million | €231.91 Million | €2.24 Billion | ▼ -8.1 pp |
| 2019 | 81.0% | €1.24 Billion | €235.63 Million | €2.41 Billion | ▼ -2.4 pp |
| 2018 | 83.5% | €1.42 Billion | €234.74 Million | €2.65 Billion | ▲ +0.5 pp |
| 2017 | 82.9% | €1.46 Billion | €249.30 Million | €2.72 Billion | ▼ -7.9 pp |
| 2016 | 90.8% | €1.77 Billion | €162.71 Million | €3.29 Billion | ▼ -9.2 pp |
| 2015 | 100.0% | €1.86 Billion | €0.00 | €3.45 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | €2.19 Billion | €0.00 | €3.84 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | €2.34 Billion | €0.00 | €4.37 Billion | — |