Vanfund Urban Investment & Development Co Ltd (000638) — Tangible Net Worth Ratio
Vanfund Urban Investment & Development Co Ltd (000638) has a Tangible Net Worth Ratio of 69.1% as of March 2026. This metric is calculated by deducting intangible assets (CN¥23.23 Million) from net assets (CN¥75.17 Million) 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 Vanfund Urban Investment & Development C annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Vanfund Urban Investment & Development Co Ltd Tangible Net Worth Ratio (1995–2025)
This chart shows how Vanfund Urban Investment & Development Co Ltd's Tangible Net Worth Ratio has changed across 25 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 69.1%, reflecting net assets of CN¥75.17 Million with intangible assets of CN¥23.23 Million CNY. For live market cap and overall valuation, see Vanfund Urban Investment & Development C market capitalisation.
Annual Tangible Net Worth Ratio for Vanfund Urban Investment & Development Co Ltd (1995–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Vanfund Urban Investment & Development Co Ltd from 1995 to 2025, covering 25 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. Explore capital reinvestment ratio of Vanfund Urban Investment & Development C to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 71.1% | CN¥80.85 Million | CN¥23.38 Million | CN¥240.24 Million | ▼ -12.7 pp |
| 2024 | 83.8% | CN¥147.83 Million | CN¥23.95 Million | CN¥302.12 Million | ▼ -7.8 pp |
| 2023 | 91.6% | CN¥212.90 Million | CN¥17.87 Million | CN¥464.83 Million | ▼ -1.9 pp |
| 2022 | 93.5% | CN¥228.36 Million | CN¥14.88 Million | CN¥567.52 Million | ▼ -0.8 pp |
| 2021 | 94.3% | CN¥240.88 Million | CN¥13.67 Million | CN¥561.72 Million | ▲ +34.1 pp |
| 2020 | 60.2% | CN¥168.39 Million | CN¥66.98 Million | CN¥507.42 Million | ▼ -6.9 pp |
| 2019 | 67.1% | CN¥225.13 Million | CN¥74.04 Million | CN¥528.28 Million | ▲ +7.8 pp |
| 2018 | 59.3% | CN¥194.98 Million | CN¥79.32 Million | CN¥748.16 Million | ▼ -15.7 pp |
| 2017 | 75.0% | CN¥335.57 Million | CN¥83.83 Million | CN¥921.67 Million | ▼ -25.0 pp |
| 2016 | 100.0% | CN¥306.90 Million | CN¥13.15K | CN¥1.49 Billion | ▲ +25.0 pp |
| 2015 | 75.0% | CN¥310.70 Million | CN¥77.77 Million | CN¥2.54 Billion | ▼ -2.3 pp |
| 2014 | 77.2% | CN¥339.75 Million | CN¥77.33 Million | CN¥2.50 Billion | ▲ +0.5 pp |
| 2013 | 76.7% | CN¥323.72 Million | CN¥75.37 Million | CN¥1.20 Billion | ▼ -23.2 pp |
| 2012 | 100.0% | CN¥291.60 Million | CN¥122.07K | CN¥1.02 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | CN¥344.22 Million | CN¥145.49K | CN¥817.31 Million | ▼ 0.0 pp |
| 2010 | 100.0% | CN¥329.36 Million | CN¥0.00 | CN¥804.91 Million | ▲ +2.3 pp |
| 2009 | 97.7% | CN¥221.59 Million | CN¥5.03 Million | CN¥674.92 Million | ▲ +3.5 pp |
| 2008 | 94.2% | CN¥83.33 Million | CN¥4.84 Million | CN¥676.55 Million | ▲ +34.4 pp |
| 2001 | 59.8% | CN¥103.54 Million | CN¥41.67 Million | CN¥520.93 Million | ▼ -21.5 pp |
| 2000 | 81.3% | CN¥229.94 Million | CN¥43.07 Million | CN¥608.62 Million | ▲ +2.0 pp |
| 1999 | 79.3% | CN¥224.27 Million | CN¥46.43 Million | CN¥647.66 Million | ▼ -7.0 pp |
| 1998 | 86.3% | CN¥459.10 Million | CN¥62.79 Million | CN¥1.92 Billion | ▲ +0.5 pp |
| 1997 | 85.8% | CN¥429.27 Million | CN¥60.82 Million | CN¥1.65 Billion | ▲ +0.3 pp |
| 1996 | 85.5% | CN¥335.83 Million | CN¥48.72 Million | CN¥565.27 Million | ▼ -10.0 pp |
| 1995 | 95.5% | CN¥148.49 Million | CN¥6.72 Million | CN¥374.38 Million | — |