Shenzhen Properties & Resources Development Group Ltd (000011) — Tangible Net Worth Ratio

Latest as of March 2026: 99.9%

Shenzhen Properties & Resources Development Group Ltd (000011) has a Tangible Net Worth Ratio of 99.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥2.12 Million) from net assets (CN¥3.20 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. See working capital position of Shenzhen Properties & Resources Developm to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥3.20 Billion
CNY

Intangible Assets

CN¥2.12 Million
Goodwill, patents, brand value

Total Assets

CN¥15.06 Billion
CNY

Shenzhen Properties & Resources Development Group Ltd Tangible Net Worth Ratio (1992–2025)

This chart shows how Shenzhen Properties & Resources Development Group Ltd's Tangible Net Worth Ratio has changed across 34 annual periods from 1992 to 2025. As of March 2026, the ratio stands at 99.9%, reflecting net assets of CN¥3.20 Billion with intangible assets of CN¥2.12 Million CNY. See 000011 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shenzhen Properties & Resources Development Group Ltd (1992–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Shenzhen Properties & Resources Development Group Ltd from 1992 to 2025, covering 34 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 Shenzhen Properties & Resources Developm (000011) market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 99.9% CN¥3.23 Billion CN¥2.16 Million CN¥15.43 Billion ▼ -0.1 pp
2024 100.0% CN¥3.23 Billion CN¥471.56K CN¥15.29 Billion ▲ +0.0 pp
2023 100.0% CN¥4.70 Billion CN¥889.80K CN¥16.99 Billion ▲ +0.0 pp
2022 100.0% CN¥4.47 Billion CN¥1.27 Million CN¥15.80 Billion ▲ +0.0 pp
2021 100.0% CN¥4.53 Billion CN¥1.48 Million CN¥14.58 Billion ▼ 0.0 pp
2020 100.0% CN¥3.78 Billion CN¥482.05K CN¥12.21 Billion ▲ +0.0 pp
2019 100.0% CN¥3.27 Billion CN¥700.37K CN¥10.77 Billion ▼ 0.0 pp
2018 100.0% CN¥3.34 Billion CN¥455.30K CN¥5.82 Billion ▼ 0.0 pp
2017 100.0% CN¥2.92 Billion CN¥0.00 CN¥5.39 Billion ▲ +3.5 pp
2016 96.5% CN¥2.41 Billion CN¥85.49 Million CN¥6.65 Billion ▲ +0.9 pp
2015 95.6% CN¥2.10 Billion CN¥92.64 Million CN¥4.38 Billion ▲ +0.4 pp
2014 95.2% CN¥2.08 Billion CN¥99.79 Million CN¥3.88 Billion ▲ +1.1 pp
2013 94.1% CN¥1.80 Billion CN¥106.95 Million CN¥3.87 Billion ▲ +1.7 pp
2012 92.4% CN¥1.50 Billion CN¥114.10 Million CN¥4.01 Billion ▲ +1.3 pp
2011 91.2% CN¥1.13 Billion CN¥100.04 Million CN¥3.50 Billion ▲ +3.3 pp
2010 87.8% CN¥875.05 Million CN¥106.56 Million CN¥2.91 Billion ▲ +4.9 pp
2009 83.0% CN¥662.30 Million CN¥112.89 Million CN¥2.83 Billion ▲ +3.8 pp
2008 79.1% CN¥571.48 Million CN¥119.40 Million CN¥2.11 Billion ▼ -7.8 pp
2007 86.9% CN¥566.75 Million CN¥74.07 Million CN¥1.89 Billion ▼ -1.1 pp
2006 88.0% CN¥583.92 Million CN¥70.02 Million CN¥1.64 Billion ▼ -0.8 pp
2005 88.8% CN¥641.16 Million CN¥71.79 Million CN¥1.79 Billion ▲ +1.7 pp
2004 87.1% CN¥567.13 Million CN¥73.18 Million CN¥2.30 Billion ▲ +3.0 pp
2003 84.1% CN¥474.22 Million CN¥75.23 Million CN¥2.44 Billion ▲ +7.0 pp
2002 77.2% CN¥337.90 Million CN¥77.11 Million CN¥2.61 Billion ▲ +2.7 pp
2001 74.5% CN¥309.44 Million CN¥78.99 Million CN¥2.45 Billion ▼ -6.6 pp
2000 81.1% CN¥299.95 Million CN¥56.76 Million CN¥2.67 Billion ▲ +9.2 pp
1999 71.9% CN¥204.84 Million CN¥57.62 Million CN¥2.37 Billion ▼ -18.1 pp
1998 90.0% CN¥582.28 Million CN¥58.49 Million CN¥2.73 Billion ▼ -3.5 pp
1997 93.4% CN¥899.55 Million CN¥59.28 Million CN¥3.02 Billion ▼ -2.3 pp
1996 95.7% CN¥1.42 Billion CN¥60.88 Million CN¥3.99 Billion ▼ -0.1 pp
1995 95.8% CN¥1.45 Billion CN¥60.67 Million CN¥3.99 Billion ▼ -0.5 pp
1994 96.3% CN¥1.34 Billion CN¥49.76 Million CN¥3.80 Billion ▲ +0.7 pp
1993 95.5% CN¥1.09 Billion CN¥48.37 Million CN¥3.35 Billion ▲ +0.2 pp
1992 95.4% CN¥753.11 Million CN¥34.88 Million CN¥2.29 Billion
pp = percentage points