Gui Zhou Tyre Co Ltd (000589) — Tangible Net Worth Ratio
Gui Zhou Tyre Co Ltd (000589) has a Tangible Net Worth Ratio of 94.8% as of March 2026. This metric is calculated by deducting intangible assets (CN¥481.63 Million) from net assets (CN¥9.25 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 net assets of Gui Zhou Tyre Co Ltd for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Gui Zhou Tyre Co Ltd Tangible Net Worth Ratio (1992–2025)
This chart shows how Gui Zhou Tyre Co Ltd's Tangible Net Worth Ratio has changed across 34 annual periods from 1992 to 2025. As of March 2026, the ratio stands at 94.8%, reflecting net assets of CN¥9.25 Billion with intangible assets of CN¥481.63 Million CNY. Also explore 000589 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Gui Zhou Tyre Co Ltd (1992–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Gui Zhou Tyre Co Ltd from 1992 to 2025, 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 000589 stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.7% | CN¥9.12 Billion | CN¥484.52 Million | CN¥18.58 Billion | ▼ -0.5 pp |
| 2024 | 95.1% | CN¥8.85 Billion | CN¥430.03 Million | CN¥18.02 Billion | ▲ +1.1 pp |
| 2023 | 94.1% | CN¥7.14 Billion | CN¥424.63 Million | CN¥17.68 Billion | ▲ +0.4 pp |
| 2022 | 93.6% | CN¥6.48 Billion | CN¥414.26 Million | CN¥15.76 Billion | ▼ -0.2 pp |
| 2021 | 93.8% | CN¥5.94 Billion | CN¥365.61 Million | CN¥12.88 Billion | ▼ -1.3 pp |
| 2020 | 95.1% | CN¥4.88 Billion | CN¥237.35 Million | CN¥11.52 Billion | ▲ +1.1 pp |
| 2019 | 94.0% | CN¥3.72 Billion | CN¥223.66 Million | CN¥10.52 Billion | ▲ +2.5 pp |
| 2018 | 91.5% | CN¥3.42 Billion | CN¥289.62 Million | CN¥10.48 Billion | ▲ +0.3 pp |
| 2017 | 91.2% | CN¥3.34 Billion | CN¥294.61 Million | CN¥9.72 Billion | ▼ -0.4 pp |
| 2016 | 91.6% | CN¥3.58 Billion | CN¥301.61 Million | CN¥10.43 Billion | ▲ +0.8 pp |
| 2015 | 90.8% | CN¥3.49 Billion | CN¥321.19 Million | CN¥11.18 Billion | ▼ -0.5 pp |
| 2014 | 91.3% | CN¥3.77 Billion | CN¥327.71 Million | CN¥9.73 Billion | ▲ +5.3 pp |
| 2013 | 86.0% | CN¥2.38 Billion | CN¥332.59 Million | CN¥7.57 Billion | ▼ -5.5 pp |
| 2012 | 91.6% | CN¥2.25 Billion | CN¥189.06 Million | CN¥6.74 Billion | ▼ -2.2 pp |
| 2011 | 93.8% | CN¥2.15 Billion | CN¥133.83 Million | CN¥7.06 Billion | ▲ +1.8 pp |
| 2010 | 92.0% | CN¥1.61 Billion | CN¥129.08 Million | CN¥5.48 Billion | ▲ +0.5 pp |
| 2009 | 91.5% | CN¥1.55 Billion | CN¥131.81 Million | CN¥4.34 Billion | ▼ -5.4 pp |
| 2008 | 96.9% | CN¥1.22 Billion | CN¥38.20 Million | CN¥4.02 Billion | ▼ -2.7 pp |
| 2007 | 99.6% | CN¥1.20 Billion | CN¥5.28 Million | CN¥3.52 Billion | ▲ +0.3 pp |
| 2006 | 99.2% | CN¥1.07 Billion | CN¥8.04 Million | CN¥3.24 Billion | ▲ +0.5 pp |
| 2005 | 98.8% | CN¥1.05 Billion | CN¥12.83 Million | CN¥3.18 Billion | ▲ +0.5 pp |
| 2004 | 98.2% | CN¥1.00 Billion | CN¥17.70 Million | CN¥3.13 Billion | ▲ +0.4 pp |
| 2003 | 97.8% | CN¥897.72 Million | CN¥19.36 Million | CN¥2.73 Billion | ▲ +0.7 pp |
| 2002 | 97.2% | CN¥840.45 Million | CN¥23.87 Million | CN¥2.40 Billion | ▼ -0.9 pp |
| 2001 | 98.0% | CN¥810.12 Million | CN¥15.91 Million | CN¥2.41 Billion | ▼ -1.3 pp |
| 2000 | 99.4% | CN¥871.52 Million | CN¥5.64 Million | CN¥2.37 Billion | ▲ +0.3 pp |
| 1999 | 99.1% | CN¥798.46 Million | CN¥7.51 Million | CN¥2.15 Billion | ▲ +0.2 pp |
| 1998 | 98.8% | CN¥656.78 Million | CN¥7.77 Million | CN¥1.61 Billion | ▼ -1.2 pp |
| 1997 | 100.0% | CN¥643.09 Million | CN¥0.00 | CN¥1.42 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | CN¥330.52 Million | CN¥0.00 | CN¥1.03 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | CN¥130.89 Million | CN¥0.00 | CN¥524.68 Million | ▲ +0.0 pp |
| 1994 | 100.0% | CN¥77.69 Million | CN¥0.00 | CN¥258.80 Million | ▲ +0.0 pp |
| 1993 | 100.0% | CN¥56.90 Million | CN¥0.00 | CN¥190.78 Million | ▲ +0.0 pp |
| 1992 | 100.0% | CN¥36.86 Million | CN¥0.00 | CN¥131.55 Million | — |