Shandong Hi-Speed Road&Bridge (000498) — Tangible Net Worth Ratio
Shandong Hi-Speed Road&Bridge (000498) has a Tangible Net Worth Ratio of 79.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥8.59 Billion) from net assets (CN¥42.78 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 Shandong Hi-Speed Road&Bridge (000498) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shandong Hi-Speed Road&Bridge Tangible Net Worth Ratio (1994–2025)
This chart shows how Shandong Hi-Speed Road&Bridge's Tangible Net Worth Ratio has changed across 30 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 79.9%, reflecting net assets of CN¥42.78 Billion with intangible assets of CN¥8.59 Billion CNY. See Shandong Hi-Speed Road&Bridge defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Shandong Hi-Speed Road&Bridge (1994–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Shandong Hi-Speed Road&Bridge from 1994 to 2025, covering 30 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 Shandong Hi-Speed Road&Bridge market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 80.3% | CN¥42.84 Billion | CN¥8.45 Billion | CN¥182.36 Billion | ▲ +0.9 pp |
| 2024 | 79.4% | CN¥35.37 Billion | CN¥7.29 Billion | CN¥163.36 Billion | ▼ -1.5 pp |
| 2023 | 80.9% | CN¥32.67 Billion | CN¥6.23 Billion | CN¥139.54 Billion | ▼ -17.3 pp |
| 2022 | 98.2% | CN¥22.95 Billion | CN¥419.04 Million | CN¥103.05 Billion | ▼ 0.0 pp |
| 2021 | 98.2% | CN¥20.01 Billion | CN¥364.74 Million | CN¥83.39 Billion | ▼ -0.4 pp |
| 2020 | 98.5% | CN¥12.89 Billion | CN¥187.92 Million | CN¥55.08 Billion | ▼ -0.8 pp |
| 2019 | 99.3% | CN¥8.25 Billion | CN¥55.38 Million | CN¥32.06 Billion | ▲ +0.2 pp |
| 2018 | 99.1% | CN¥6.36 Billion | CN¥57.36 Million | CN¥23.89 Billion | ▲ +0.1 pp |
| 2017 | 99.0% | CN¥4.07 Billion | CN¥39.24 Million | CN¥17.63 Billion | ▲ +0.3 pp |
| 2016 | 98.7% | CN¥3.47 Billion | CN¥43.44 Million | CN¥15.04 Billion | ▲ +0.7 pp |
| 2015 | 98.0% | CN¥3.04 Billion | CN¥60.13 Million | CN¥10.42 Billion | ▲ +0.2 pp |
| 2014 | 97.8% | CN¥2.66 Billion | CN¥57.96 Million | CN¥10.03 Billion | ▼ -0.3 pp |
| 2013 | 98.1% | CN¥2.31 Billion | CN¥44.09 Million | CN¥9.42 Billion | ▼ -0.7 pp |
| 2012 | 98.8% | CN¥2.02 Billion | CN¥24.66 Million | CN¥8.84 Billion | ▼ -0.4 pp |
| 2011 | 99.1% | CN¥10.28 Million | CN¥87.38K | CN¥10.69 Million | ▲ +0.1 pp |
| 2010 | 99.0% | CN¥9.81 Million | CN¥97.18K | CN¥45.19 Million | ▼ -1.0 pp |
| 2009 | 100.0% | CN¥9.21 Million | CN¥0.00 | CN¥545.36 Million | ▲ +204.8 pp |
| 2006 | -104.8% | CN¥58.67 Million | CN¥120.14 Million | CN¥1.55 Billion | ▼ -174.1 pp |
| 2005 | 69.3% | CN¥400.51 Million | CN¥122.83 Million | CN¥2.11 Billion | ▼ -5.2 pp |
| 2004 | 74.6% | CN¥533.55 Million | CN¥135.64 Million | CN¥2.17 Billion | ▲ +2.8 pp |
| 2003 | 71.7% | CN¥483.64 Million | CN¥136.70 Million | CN¥1.91 Billion | ▼ -23.9 pp |
| 2002 | 95.7% | CN¥433.84 Million | CN¥18.73 Million | CN¥1.68 Billion | ▼ -3.3 pp |
| 2001 | 98.9% | CN¥518.35 Million | CN¥5.45 Million | CN¥1.59 Billion | ▼ -0.1 pp |
| 2000 | 99.0% | CN¥724.53 Million | CN¥6.91 Million | CN¥1.53 Billion | ▲ +0.0 pp |
| 1999 | 99.0% | CN¥716.38 Million | CN¥6.97 Million | CN¥1.21 Billion | ▼ -0.1 pp |
| 1998 | 99.1% | CN¥685.69 Million | CN¥6.21 Million | CN¥1.08 Billion | ▲ +0.1 pp |
| 1997 | 99.0% | CN¥631.09 Million | CN¥6.33 Million | CN¥901.97 Million | ▲ +1.5 pp |
| 1996 | 97.5% | CN¥242.62 Million | CN¥6.10 Million | CN¥603.22 Million | ▲ +0.5 pp |
| 1995 | 97.0% | CN¥205.90 Million | CN¥6.23 Million | CN¥596.38 Million | ▲ +0.9 pp |
| 1994 | 96.1% | CN¥162.51 Million | CN¥6.36 Million | CN¥502.16 Million | — |