Grandjoy Holdings Group Co Ltd (000031) — Tangible Net Worth Ratio
Grandjoy Holdings Group Co Ltd (000031) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CN¥0.00) from net assets (CN¥41.16 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 Grandjoy Holdings Group Co Ltd (000031) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Grandjoy Holdings Group Co Ltd Tangible Net Worth Ratio (1991–2024)
This chart shows how Grandjoy Holdings Group Co Ltd's Tangible Net Worth Ratio has changed across 34 annual periods from 1991 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CN¥41.16 Billion with intangible assets of CN¥0.00 CNY. For live market cap and overall valuation, see Grandjoy Holdings Group Co Ltd (000031) market capitalisation.
Annual Tangible Net Worth Ratio for Grandjoy Holdings Group Co Ltd (1991–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Grandjoy Holdings Group Co Ltd from 1991 to 2024, 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. Explore Grandjoy Holdings Group Co Ltd capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.3% | CN¥41.55 Billion | CN¥1.52 Billion | CN¥178.57 Billion | ▼ -0.2 pp |
| 2023 | 96.6% | CN¥46.10 Billion | CN¥1.58 Billion | CN¥198.06 Billion | ▲ +0.1 pp |
| 2022 | 96.5% | CN¥47.50 Billion | CN¥1.65 Billion | CN¥214.43 Billion | ▼ -0.2 pp |
| 2021 | 96.7% | CN¥52.09 Billion | CN¥1.72 Billion | CN¥212.73 Billion | ▲ +0.7 pp |
| 2020 | 96.0% | CN¥45.65 Billion | CN¥1.81 Billion | CN¥199.87 Billion | ▲ +0.5 pp |
| 2019 | 95.6% | CN¥42.54 Billion | CN¥1.89 Billion | CN¥183.18 Billion | ▼ -4.1 pp |
| 2018 | 99.6% | CN¥13.76 Billion | CN¥53.32 Million | CN¥91.17 Billion | ▲ +0.1 pp |
| 2017 | 99.5% | CN¥11.74 Billion | CN¥54.35 Million | CN¥75.75 Billion | ▲ +0.0 pp |
| 2016 | 99.5% | CN¥11.29 Billion | CN¥56.96 Million | CN¥61.28 Billion | ▼ -0.2 pp |
| 2015 | 99.7% | CN¥11.09 Billion | CN¥34.55 Million | CN¥55.32 Billion | ▲ +0.3 pp |
| 2014 | 99.4% | CN¥10.67 Billion | CN¥61.76 Million | CN¥46.31 Billion | ▲ +0.1 pp |
| 2013 | 99.3% | CN¥8.97 Billion | CN¥59.87 Million | CN¥40.60 Billion | ▼ -0.2 pp |
| 2012 | 99.6% | CN¥7.58 Billion | CN¥31.65 Million | CN¥34.84 Billion | ▼ 0.0 pp |
| 2011 | 99.6% | CN¥7.12 Billion | CN¥27.89 Million | CN¥32.60 Billion | ▲ +0.1 pp |
| 2010 | 99.5% | CN¥6.13 Billion | CN¥27.84 Million | CN¥20.17 Billion | ▼ -0.1 pp |
| 2009 | 99.6% | CN¥6.46 Billion | CN¥25.38 Million | CN¥13.29 Billion | ▲ +1.0 pp |
| 2008 | 98.6% | CN¥3.28 Billion | CN¥45.40 Million | CN¥9.05 Billion | ▲ +0.1 pp |
| 2007 | 98.5% | CN¥3.66 Billion | CN¥54.87 Million | CN¥6.01 Billion | ▲ +0.1 pp |
| 2006 | 98.4% | CN¥1.43 Billion | CN¥23.36 Million | CN¥2.46 Billion | ▲ +0.7 pp |
| 2005 | 97.7% | CN¥1.29 Billion | CN¥29.81 Million | CN¥1.91 Billion | ▲ +0.3 pp |
| 2004 | 97.4% | CN¥1.19 Billion | CN¥30.64 Million | CN¥1.89 Billion | ▼ 0.0 pp |
| 2003 | 97.5% | CN¥1.18 Billion | CN¥30.10 Million | CN¥1.71 Billion | ▼ -0.3 pp |
| 2002 | 97.7% | CN¥1.08 Billion | CN¥24.66 Million | CN¥1.58 Billion | ▲ +0.4 pp |
| 2001 | 97.3% | CN¥1.05 Billion | CN¥28.04 Million | CN¥1.64 Billion | ▲ +3.4 pp |
| 2000 | 93.9% | CN¥950.84 Million | CN¥57.60 Million | CN¥1.41 Billion | ▲ +6.8 pp |
| 1999 | 87.2% | CN¥1.03 Billion | CN¥132.23 Million | CN¥1.66 Billion | ▼ -1.1 pp |
| 1998 | 88.2% | CN¥1.25 Billion | CN¥146.71 Million | CN¥1.89 Billion | ▼ -2.8 pp |
| 1997 | 91.0% | CN¥1.28 Billion | CN¥114.58 Million | CN¥1.92 Billion | ▲ +3.8 pp |
| 1996 | 87.2% | CN¥1.09 Billion | CN¥138.76 Million | CN¥1.78 Billion | ▲ +2.7 pp |
| 1995 | 84.5% | CN¥912.52 Million | CN¥141.66 Million | CN¥1.48 Billion | ▲ +0.2 pp |
| 1994 | 84.3% | CN¥923.62 Million | CN¥145.01 Million | CN¥1.28 Billion | ▲ +6.2 pp |
| 1993 | 78.1% | CN¥839.14 Million | CN¥183.96 Million | CN¥1.25 Billion | ▼ -21.9 pp |
| 1992 | 100.0% | CN¥356.78 Million | CN¥0.00 | CN¥863.14 Million | ▲ +0.0 pp |
| 1991 | 100.0% | CN¥77.10 Million | CN¥0.00 | CN¥295.97 Million | — |