Guangdong Provincial Expressway Development Co Ltd Tangible Net Worth Ratio
Guangdong Provincial Expressway Development Co Ltd tangible net worth ratio. Guangdong Provincial Expressway Development Co Ltd (000429) has a Tangible Net Worth Ratio of 98.7% as of September 2025. This metric is calculated by deducting intangible assets (CN¥179.50 Million) from net assets (CN¥14.03 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 net asset growth rate of Guangdong Provincial Expressway Developm to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Guangdong Provincial Expressway Development Co Ltd (1994–2024)
Tangible net worth ratio of Guangdong Provincial Expressway Development Co Ltd from 1994 to 2024. This chart shows how Guangdong Provincial Expressway Development Co Ltd's Tangible Net Worth Ratio has changed across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 98.7%, reflecting net assets of CN¥14.03 Billion with intangible assets of CN¥179.50 Million CNY. Check 000429 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Guangdong Provincial Expressway Development Co Ltd Tangible Net Worth Ratio by Year (1994–2024)
Guangdong Provincial Expressway Development Co Ltd tangible net worth ratio by year from 1994 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Guangdong Provincial Expressway Development Co Ltd from 1994 to 2024, covering 31 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 live market cap and overall valuation, see market value of Guangdong Provincial Expressway Developm.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.5% | CN¥13.20 Billion | CN¥197.69 Million | CN¥22.44 Billion | ▲ +0.3 pp |
| 2023 | 98.2% | CN¥12.41 Billion | CN¥221.33 Million | CN¥21.37 Billion | ▲ +0.4 pp |
| 2022 | 97.8% | CN¥11.37 Billion | CN¥246.77 Million | CN¥20.27 Billion | ▲ +0.2 pp |
| 2021 | 97.6% | CN¥11.32 Billion | CN¥268.50 Million | CN¥18.88 Billion | ▲ +0.6 pp |
| 2020 | 97.0% | CN¥10.23 Billion | CN¥302.38 Million | CN¥19.75 Billion | ▼ -2.9 pp |
| 2019 | 99.9% | CN¥10.25 Billion | CN¥6.39 Million | CN¥17.67 Billion | ▼ 0.0 pp |
| 2018 | 99.9% | CN¥10.05 Billion | CN¥5.74 Million | CN¥16.30 Billion | ▲ +0.0 pp |
| 2017 | 99.9% | CN¥9.45 Billion | CN¥7.10 Million | CN¥16.52 Billion | ▼ 0.0 pp |
| 2016 | 99.9% | CN¥8.84 Billion | CN¥6.14 Million | CN¥16.07 Billion | ▼ 0.0 pp |
| 2015 | 99.9% | CN¥6.13 Billion | CN¥4.10 Million | CN¥12.11 Billion | ▲ +0.0 pp |
| 2014 | 99.9% | CN¥5.87 Billion | CN¥5.05 Million | CN¥12.51 Billion | ▲ +0.0 pp |
| 2013 | 99.9% | CN¥5.05 Billion | CN¥5.33 Million | CN¥12.69 Billion | ▲ +0.8 pp |
| 2012 | 99.1% | CN¥5.11 Billion | CN¥45.47 Million | CN¥13.15 Billion | ▲ +0.2 pp |
| 2011 | 98.9% | CN¥4.76 Billion | CN¥53.17 Million | CN¥11.80 Billion | ▲ +0.1 pp |
| 2010 | 98.8% | CN¥4.80 Billion | CN¥59.24 Million | CN¥10.53 Billion | ▲ +0.4 pp |
| 2009 | 98.3% | CN¥4.01 Billion | CN¥66.34 Million | CN¥8.92 Billion | ▲ +0.3 pp |
| 2008 | 98.1% | CN¥3.81 Billion | CN¥72.89 Million | CN¥7.26 Billion | ▲ +2.9 pp |
| 2007 | 95.2% | CN¥3.78 Billion | CN¥180.36 Million | CN¥5.80 Billion | ▼ -0.2 pp |
| 2006 | 95.5% | CN¥4.38 Billion | CN¥198.13 Million | CN¥6.67 Billion | ▲ +0.6 pp |
| 2005 | 94.9% | CN¥4.25 Billion | CN¥215.90 Million | CN¥6.80 Billion | ▲ +0.2 pp |
| 2004 | 94.8% | CN¥4.36 Billion | CN¥228.35 Million | CN¥6.81 Billion | ▲ +0.5 pp |
| 2003 | 94.3% | CN¥4.28 Billion | CN¥245.69 Million | CN¥6.66 Billion | ▼ -0.6 pp |
| 2002 | 94.9% | CN¥4.02 Billion | CN¥206.18 Million | CN¥6.14 Billion | ▼ -2.1 pp |
| 2001 | 96.9% | CN¥3.94 Billion | CN¥121.08 Million | CN¥5.78 Billion | ▲ +0.7 pp |
| 2000 | 96.2% | CN¥3.37 Billion | CN¥128.20 Million | CN¥3.79 Billion | ▼ -3.8 pp |
| 1999 | 100.0% | CN¥2.55 Billion | CN¥0.00 | CN¥3.06 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | CN¥2.35 Billion | CN¥0.00 | CN¥2.59 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | CN¥1.74 Billion | CN¥0.00 | CN¥1.91 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | CN¥1.70 Billion | CN¥0.00 | CN¥1.81 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | CN¥1.07 Billion | CN¥0.00 | CN¥1.20 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | CN¥1.06 Billion | CN¥0.00 | CN¥1.17 Billion | — |