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. See 000638 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. See Vanfund Urban Investment & Development C (000638) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see market value of Vanfund Urban Investment & Development C.
| 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 | — |