Grandjoy Holdings Group Co Ltd (000031) — Tangible Net Worth Ratio

Latest as of September 2025: 100.0%

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. See Grandjoy Holdings Group Co Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥41.16 Billion
CNY

Intangible Assets

CN¥0.00
Goodwill, patents, brand value

Total Assets

CN¥167.28 Billion
CNY

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. See Grandjoy Holdings Group Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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. For the full company profile including market capitalisation, see how much is Grandjoy Holdings Group Co Ltd worth.

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
pp = percentage points