Pangang Group Vanadium Titanium & Resources Co Ltd (000629) — Tangible Net Worth Ratio

Latest as of March 2026: 96.5%

Pangang Group Vanadium Titanium & Resources Co Ltd (000629) has a Tangible Net Worth Ratio of 96.5% as of March 2026. This metric is calculated by deducting intangible assets (CN¥442.45 Million) from net assets (CN¥12.70 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 Pangang Group Vanadium Titanium & Resour shareholders equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

96.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥12.70 Billion
CNY

Intangible Assets

CN¥442.45 Million
Goodwill, patents, brand value

Total Assets

CN¥14.70 Billion
CNY

Pangang Group Vanadium Titanium & Resources Co Ltd Tangible Net Worth Ratio (1993–2025)

This chart shows how Pangang Group Vanadium Titanium & Resources 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 96.5%, reflecting net assets of CN¥12.70 Billion with intangible assets of CN¥442.45 Million CNY. Also explore 000629 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Pangang Group Vanadium Titanium & Resources Co Ltd (1993–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Pangang Group Vanadium Titanium & Resources 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 Pangang Group Vanadium Titanium & Resour worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 96.4% CN¥12.61 Billion CN¥447.99 Million CN¥14.51 Billion ▲ +0.1 pp
2024 96.3% CN¥12.86 Billion CN¥470.16 Million CN¥14.84 Billion ▼ -0.4 pp
2023 96.7% CN¥12.54 Billion CN¥412.23 Million CN¥15.33 Billion ▲ +0.9 pp
2022 95.9% CN¥9.17 Billion CN¥379.57 Million CN¥11.94 Billion ▲ +1.6 pp
2021 94.3% CN¥7.94 Billion CN¥454.06 Million CN¥10.21 Billion ▼ -1.9 pp
2020 96.2% CN¥11.19 Billion CN¥425.61 Million CN¥13.11 Billion ▼ -0.6 pp
2019 96.8% CN¥9.64 Billion CN¥311.11 Million CN¥12.97 Billion ▲ +0.7 pp
2018 96.1% CN¥8.19 Billion CN¥318.94 Million CN¥12.53 Billion ▲ +3.4 pp
2017 92.8% CN¥4.54 Billion CN¥329.01 Million CN¥10.47 Billion ▲ +0.9 pp
2016 91.9% CN¥3.61 Billion CN¥293.13 Million CN¥9.62 Billion ▲ +67.7 pp
2015 24.2% CN¥9.75 Billion CN¥7.40 Billion CN¥56.01 Billion ▼ -14.3 pp
2014 38.5% CN¥12.17 Billion CN¥7.48 Billion CN¥52.41 Billion ▼ -24.3 pp
2013 62.8% CN¥15.11 Billion CN¥5.63 Billion CN¥35.75 Billion ▼ -1.3 pp
2012 64.1% CN¥15.39 Billion CN¥5.53 Billion CN¥31.06 Billion ▼ -8.9 pp
2011 73.0% CN¥14.86 Billion CN¥4.02 Billion CN¥31.33 Billion ▼ -5.7 pp
2010 78.6% CN¥24.59 Billion CN¥5.26 Billion CN¥69.23 Billion ▼ -2.7 pp
2009 81.3% CN¥15.70 Billion CN¥2.93 Billion CN¥56.03 Billion ▼ -12.0 pp
2008 93.4% CN¥16.68 Billion CN¥1.11 Billion CN¥54.76 Billion ▼ -6.6 pp
2007 100.0% CN¥10.82 Billion CN¥0.00 CN¥22.84 Billion ▲ +0.0 pp
2006 100.0% CN¥9.22 Billion CN¥0.00 CN¥20.32 Billion ▲ +0.0 pp
2005 100.0% CN¥8.15 Billion CN¥0.00 CN¥13.61 Billion ▲ +0.0 pp
2004 100.0% CN¥7.50 Billion CN¥0.00 CN¥11.31 Billion ▲ +0.0 pp
2003 100.0% CN¥6.62 Billion CN¥0.00 CN¥9.90 Billion ▲ +0.0 pp
2002 100.0% CN¥4.90 Billion CN¥0.00 CN¥8.03 Billion ▲ +0.0 pp
2001 100.0% CN¥4.41 Billion CN¥0.00 CN¥7.24 Billion ▲ +0.0 pp
2000 100.0% CN¥4.13 Billion CN¥0.00 CN¥7.07 Billion ▲ +0.0 pp
1999 100.0% CN¥3.93 Billion CN¥0.00 CN¥8.12 Billion ▲ +0.0 pp
1998 100.0% CN¥3.82 Billion CN¥0.00 CN¥8.07 Billion ▲ +0.0 pp
1997 100.0% CN¥2.86 Billion CN¥0.00 CN¥7.67 Billion ▲ +0.0 pp
1996 100.0% CN¥813.08 Million CN¥0.00 CN¥1.86 Billion ▲ +0.0 pp
1995 100.0% CN¥715.19 Million CN¥0.00 CN¥1.80 Billion ▲ +0.0 pp
1994 100.0% CN¥734.85 Million CN¥0.00 CN¥1.84 Billion ▲ +0.0 pp
1993 100.0% CN¥728.33 Million CN¥0.00 CN¥1.33 Billion
pp = percentage points