Shenzhen Airport Co Ltd (000089) — Tangible Net Worth Ratio

Latest as of September 2025: 97.1%

Shenzhen Airport Co Ltd (000089) has a Tangible Net Worth Ratio of 97.1% as of September 2025. This metric is calculated by deducting intangible assets (CN¥337.22 Million) from net assets (CN¥11.59 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 000089 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

97.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥11.59 Billion
CNY

Intangible Assets

CN¥337.22 Million
Goodwill, patents, brand value

Total Assets

CN¥24.07 Billion
CNY

Shenzhen Airport Co Ltd Tangible Net Worth Ratio (1996–2024)

This chart shows how Shenzhen Airport Co Ltd's Tangible Net Worth Ratio has changed across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 97.1%, reflecting net assets of CN¥11.59 Billion with intangible assets of CN¥337.22 Million CNY. See Shenzhen Airport Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shenzhen Airport Co Ltd (1996–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shenzhen Airport Co Ltd from 1996 to 2024, covering 29 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 000089 market cap overview.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 96.7% CN¥11.37 Billion CN¥371.44 Million CN¥24.17 Billion ▼ -0.7 pp
2023 97.4% CN¥11.12 Billion CN¥287.04 Million CN¥24.17 Billion ▲ +0.2 pp
2022 97.2% CN¥10.70 Billion CN¥300.30 Million CN¥25.13 Billion ▼ -0.4 pp
2021 97.6% CN¥11.90 Billion CN¥282.14 Million CN¥26.33 Billion ▼ -0.2 pp
2020 97.9% CN¥11.94 Billion CN¥253.75 Million CN¥15.12 Billion ▼ 0.0 pp
2019 97.9% CN¥12.08 Billion CN¥251.08 Million CN¥14.02 Billion ▲ +0.1 pp
2018 97.8% CN¥11.66 Billion CN¥250.80 Million CN¥13.45 Billion ▼ -0.1 pp
2017 97.9% CN¥11.22 Billion CN¥234.18 Million CN¥13.12 Billion ▲ +0.1 pp
2016 97.8% CN¥10.72 Billion CN¥237.48 Million CN¥12.48 Billion ▲ +0.2 pp
2015 97.6% CN¥10.25 Billion CN¥243.03 Million CN¥11.96 Billion ▲ +0.8 pp
2014 96.9% CN¥7.92 Billion CN¥247.69 Million CN¥12.70 Billion ▲ +0.5 pp
2013 96.4% CN¥7.81 Billion CN¥281.48 Million CN¥11.86 Billion ▲ +0.3 pp
2012 96.1% CN¥7.35 Billion CN¥286.69 Million CN¥10.40 Billion ▲ +0.4 pp
2011 95.7% CN¥6.86 Billion CN¥293.54 Million CN¥9.16 Billion ▲ +0.7 pp
2010 95.1% CN¥5.85 Billion CN¥289.33 Million CN¥6.54 Billion ▼ -0.8 pp
2009 95.9% CN¥5.19 Billion CN¥213.80 Million CN¥5.79 Billion ▲ +0.5 pp
2008 95.4% CN¥4.67 Billion CN¥216.14 Million CN¥5.43 Billion ▼ -3.9 pp
2007 99.3% CN¥3.61 Billion CN¥26.02 Million CN¥3.98 Billion ▼ 0.0 pp
2006 99.3% CN¥3.32 Billion CN¥23.72 Million CN¥3.66 Billion ▲ +0.0 pp
2005 99.2% CN¥3.12 Billion CN¥23.82 Million CN¥3.48 Billion ▲ +0.1 pp
2004 99.2% CN¥2.92 Billion CN¥24.40 Million CN¥3.29 Billion ▲ +0.0 pp
2003 99.1% CN¥2.82 Billion CN¥24.97 Million CN¥3.24 Billion ▲ +0.5 pp
2002 98.6% CN¥2.49 Billion CN¥34.52 Million CN¥2.71 Billion ▲ +0.2 pp
2001 98.4% CN¥2.18 Billion CN¥35.34 Million CN¥2.61 Billion ▲ +0.2 pp
2000 98.2% CN¥1.99 Billion CN¥36.15 Million CN¥2.62 Billion ▲ +0.3 pp
1999 97.9% CN¥1.29 Billion CN¥27.27 Million CN¥1.68 Billion ▲ +0.6 pp
1998 97.3% CN¥1.03 Billion CN¥27.85 Million CN¥1.16 Billion ▲ +4.5 pp
1997 92.8% CN¥285.71 Million CN¥20.70 Million CN¥649.43 Million ▼ -7.2 pp
1996 100.0% CN¥217.33 Million CN¥0.00 CN¥416.60 Million
pp = percentage points