China Tianrui Group Cement Company Limited (T18) — Tangible Net Worth Ratio
China Tianrui Group Cement Company Limited (T18) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets (€0.00) from net assets (€16.08 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 China Tianrui Group Cement Company Limit short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
China Tianrui Group Cement Company Limited Tangible Net Worth Ratio (2016–2024)
This chart shows how China Tianrui Group Cement Company Limited's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 100.0%, reflecting net assets of €16.08 Billion with intangible assets of €0.00 EUR. See defensive interval ratio of China Tianrui Group Cement Company Limit to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for China Tianrui Group Cement Company Limited (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for China Tianrui Group Cement Company Limited from 2016 to 2024, covering 9 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 China Tianrui Group Cement Company Limit (T18) total market value.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.8% | €15.98 Billion | €828.77 Million | €37.22 Billion | ▲ +1.4 pp |
| 2023 | 93.4% | €15.79 Billion | €1.04 Billion | €40.57 Billion | ▼ -0.6 pp |
| 2022 | 94.0% | €16.59 Billion | €997.88 Million | €32.34 Billion | ▼ -5.9 pp |
| 2021 | 99.9% | €16.07 Billion | €14.00 Million | €32.66 Billion | ▲ +5.7 pp |
| 2020 | 94.2% | €14.82 Billion | €862.27 Million | €32.44 Billion | ▼ -5.8 pp |
| 2019 | 100.0% | €12.98 Billion | €0.00 | €32.32 Billion | ▲ +7.7 pp |
| 2018 | 92.3% | €11.08 Billion | €853.52 Million | €28.55 Billion | ▲ +1.1 pp |
| 2017 | 91.2% | €9.94 Billion | €877.77 Million | €25.90 Billion | ▲ +1.7 pp |
| 2016 | 89.4% | €7.64 Billion | €807.74 Million | €24.12 Billion | — |