Tongcheng Travel Holdings Ltd (TEM) — Tangible Net Worth Ratio
Tongcheng Travel Holdings Ltd (TEM) has a Tangible Net Worth Ratio of 74.8% as of June 2025. This metric is calculated by deducting intangible assets (€5.60 Billion) from net assets (€22.20 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. Also explore Tongcheng Travel Holdings Ltd (TEM) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tongcheng Travel Holdings Ltd Tangible Net Worth Ratio (2018–2025)
This chart shows how Tongcheng Travel Holdings Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2018 to 2025. As of June 2025, the ratio stands at 74.8%, reflecting net assets of €22.20 Billion with intangible assets of €5.60 Billion EUR. Check TEM capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Tongcheng Travel Holdings Ltd (2018–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Tongcheng Travel Holdings Ltd from 2018 to 2025, covering 8 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 live market cap and overall valuation, see TEM market cap overview.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 69.8% | €23.57 Billion | €7.12 Billion | €41.95 Billion | ▼ -1.6 pp |
| 2024 | 71.4% | €20.96 Billion | €5.99 Billion | €37.78 Billion | ▼ -3.2 pp |
| 2023 | 74.6% | €18.55 Billion | €4.71 Billion | €31.72 Billion | ▲ +1.7 pp |
| 2022 | 72.9% | €15.99 Billion | €4.33 Billion | €25.03 Billion | ▲ +1.1 pp |
| 2021 | 71.8% | €15.26 Billion | €4.30 Billion | €21.51 Billion | ▼ -3.1 pp |
| 2020 | 74.9% | €14.02 Billion | €3.52 Billion | €19.11 Billion | ▲ +4.7 pp |
| 2019 | 70.2% | €13.15 Billion | €3.92 Billion | €19.48 Billion | ▲ +6.5 pp |
| 2018 | 63.7% | €11.53 Billion | €4.18 Billion | €16.79 Billion | — |