Changsha Tongcheng Holdings Co Ltd (000419) — Tangible Net Worth Ratio

Latest as of March 2026: 95.0%

Changsha Tongcheng Holdings Co Ltd (000419) has a Tangible Net Worth Ratio of 95.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥187.64 Million) from net assets (CN¥3.76 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 to net assets of Changsha Tongcheng Holdings Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥3.76 Billion
CNY

Intangible Assets

CN¥187.64 Million
Goodwill, patents, brand value

Total Assets

CN¥5.50 Billion
CNY

Changsha Tongcheng Holdings Co Ltd Tangible Net Worth Ratio (1993–2025)

This chart shows how Changsha Tongcheng Holdings Co Ltd's Tangible Net Worth Ratio has changed across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 95.0%, reflecting net assets of CN¥3.76 Billion with intangible assets of CN¥187.64 Million CNY. See Changsha Tongcheng Holdings Co Ltd (000419) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Changsha Tongcheng Holdings Co Ltd (1993–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Changsha Tongcheng Holdings Co Ltd from 1993 to 2025, covering 33 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 Changsha Tongcheng Holdings Co Ltd worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 94.9% CN¥3.73 Billion CN¥190.13 Million CN¥5.46 Billion ▲ +0.2 pp
2024 94.7% CN¥3.79 Billion CN¥199.56 Million CN¥5.94 Billion ▲ +0.7 pp
2023 94.0% CN¥3.49 Billion CN¥209.39 Million CN¥5.38 Billion ▲ +1.0 pp
2022 93.0% CN¥3.35 Billion CN¥235.65 Million CN¥5.23 Billion ▲ +0.3 pp
2021 92.6% CN¥3.33 Billion CN¥245.38 Million CN¥5.79 Billion ▲ +0.0 pp
2020 92.6% CN¥3.47 Billion CN¥256.41 Million CN¥5.33 Billion ▲ +1.0 pp
2019 91.6% CN¥3.19 Billion CN¥267.57 Million CN¥5.10 Billion ▲ +0.9 pp
2018 90.7% CN¥2.98 Billion CN¥278.16 Million CN¥4.93 Billion ▲ +3.8 pp
2017 86.8% CN¥2.20 Billion CN¥289.78 Million CN¥4.16 Billion ▲ +1.3 pp
2016 85.5% CN¥2.09 Billion CN¥301.68 Million CN¥3.98 Billion ▲ +1.2 pp
2015 84.3% CN¥1.97 Billion CN¥308.76 Million CN¥3.84 Billion ▼ -1.6 pp
2014 86.0% CN¥1.94 Billion CN¥271.86 Million CN¥3.78 Billion ▲ +1.3 pp
2013 84.7% CN¥1.83 Billion CN¥280.93 Million CN¥3.81 Billion ▲ +1.3 pp
2012 83.3% CN¥1.74 Billion CN¥290.27 Million CN¥3.71 Billion ▲ +1.3 pp
2011 82.1% CN¥1.67 Billion CN¥299.50 Million CN¥3.57 Billion ▲ +16.4 pp
2010 65.7% CN¥895.76 Million CN¥307.55 Million CN¥3.19 Billion ▲ +11.8 pp
2009 53.9% CN¥807.58 Million CN¥372.25 Million CN¥2.86 Billion ▼ -26.3 pp
2008 80.2% CN¥901.68 Million CN¥178.91 Million CN¥2.31 Billion ▼ -12.3 pp
2007 92.5% CN¥832.52 Million CN¥62.62 Million CN¥1.92 Billion ▼ -3.5 pp
2006 96.0% CN¥766.42 Million CN¥30.69 Million CN¥1.77 Billion ▲ +0.3 pp
2005 95.7% CN¥709.40 Million CN¥30.48 Million CN¥1.55 Billion ▲ +0.3 pp
2004 95.4% CN¥687.07 Million CN¥31.35 Million CN¥1.66 Billion ▼ -3.1 pp
2003 98.5% CN¥656.63 Million CN¥9.80 Million CN¥1.32 Billion ▲ +0.1 pp
2002 98.4% CN¥629.25 Million CN¥10.21 Million CN¥1.13 Billion ▲ +0.1 pp
2001 98.3% CN¥624.99 Million CN¥10.63 Million CN¥1.09 Billion ▼ 0.0 pp
2000 98.3% CN¥609.81 Million CN¥10.28 Million CN¥1.11 Billion ▲ +1.1 pp
1999 97.2% CN¥376.48 Million CN¥10.57 Million CN¥896.08 Million ▲ +0.2 pp
1998 96.9% CN¥354.15 Million CN¥10.81 Million CN¥890.98 Million ▲ +2.1 pp
1997 94.9% CN¥216.13 Million CN¥11.10 Million CN¥336.67 Million ▲ +1.4 pp
1996 93.5% CN¥174.12 Million CN¥11.39 Million CN¥282.31 Million ▲ +12.5 pp
1995 81.0% CN¥60.49 Million CN¥11.51 Million CN¥164.06 Million ▼ -8.9 pp
1994 89.9% CN¥33.88 Million CN¥3.42 Million CN¥111.91 Million ▲ +6.8 pp
1993 83.1% CN¥20.20 Million CN¥3.42 Million CN¥67.09 Million
pp = percentage points