Vanfund Urban Investment & Development Co Ltd (000638) — Tangible Net Worth Ratio

Latest as of March 2026: 69.1%

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 what is Vanfund Urban Investment & Development C's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

69.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥75.17 Million
CNY

Intangible Assets

CN¥23.23 Million
Goodwill, patents, brand value

Total Assets

CN¥228.40 Million
CNY

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. Also explore 000638 net assets growth trend to track the company's year-over-year net asset growth rate.

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 Vanfund Urban Investment & Development C market cap and net worth.

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
pp = percentage points