GreenTree Hospitality Group Ltd (GHG) — Tangible Net Worth Ratio
GreenTree Hospitality Group Ltd (GHG) has a Tangible Net Worth Ratio of 96.6% as of March 2026. This metric is calculated by deducting intangible assets ($55.00 Million) from net assets ($1.63 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 net asset momentum of GreenTree Hospitality Group Ltd to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
GreenTree Hospitality Group Ltd Tangible Net Worth Ratio (2015–2025)
This chart shows how GreenTree Hospitality Group Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 96.6%, reflecting net assets of $1.63 Billion with intangible assets of $55.00 Million USD. For live market cap and overall valuation, see GreenTree Hospitality Group Ltd market cap and net worth.
Annual Tangible Net Worth Ratio for GreenTree Hospitality Group Ltd (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for GreenTree Hospitality Group Ltd from 2015 to 2025, 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. Explore GHG capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.5% | $1.61 Billion | $56.44 Million | $4.79 Billion | ▲ +1.6 pp |
| 2024 | 94.9% | $1.49 Billion | $75.68 Million | $4.95 Billion | ▲ +2.9 pp |
| 2023 | 92.0% | $1.48 Billion | $117.72 Million | $5.07 Billion | ▲ +1.7 pp |
| 2022 | 90.4% | $1.66 Billion | $159.69 Million | $5.68 Billion | ▲ +15.8 pp |
| 2021 | 74.5% | $2.04 Billion | $520.12 Million | $4.67 Billion | ▼ -3.6 pp |
| 2020 | 78.2% | $2.25 Billion | $491.51 Million | $4.09 Billion | ▲ +3.6 pp |
| 2019 | 74.6% | $1.95 Billion | $496.28 Million | $3.82 Billion | ▼ -23.9 pp |
| 2018 | 98.5% | $1.86 Billion | $27.21 Million | $3.01 Billion | ▼ -0.8 pp |
| 2017 | 99.4% | $582.96 Million | $3.73 Million | $1.76 Billion | ▼ -0.2 pp |
| 2016 | 99.5% | $1.03 Billion | $4.93 Million | $1.88 Billion | ▲ +0.3 pp |
| 2015 | 99.2% | $777.20 Million | $5.98 Million | $1.41 Billion | — |