Gree Electric Appliances Inc of Zhuhai (000651) — Tangible Net Worth Ratio
Gree Electric Appliances Inc of Zhuhai (000651) has a Tangible Net Worth Ratio of 93.3% as of September 2025. This metric is calculated by deducting intangible assets (CN¥9.97 Billion) from net assets (CN¥148.51 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 Gree Electric Appliances Inc of Zhuhai (000651) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Gree Electric Appliances Inc of Zhuhai Tangible Net Worth Ratio (1993–2024)
This chart shows how Gree Electric Appliances Inc of Zhuhai's Tangible Net Worth Ratio has changed across 32 annual periods from 1993 to 2024. As of September 2025, the ratio stands at 93.3%, reflecting net assets of CN¥148.51 Billion with intangible assets of CN¥9.97 Billion CNY. Also explore Gree Electric Appliances Inc of Zhuhai annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Gree Electric Appliances Inc of Zhuhai (1993–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Gree Electric Appliances Inc of Zhuhai from 1993 to 2024, covering 32 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 000651 company net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 92.6% | CN¥141.51 Billion | CN¥10.44 Billion | CN¥368.03 Billion | ▲ +1.6 pp |
| 2023 | 91.0% | CN¥120.65 Billion | CN¥10.83 Billion | CN¥368.05 Billion | ▲ +2.4 pp |
| 2022 | 88.6% | CN¥101.88 Billion | CN¥11.62 Billion | CN¥355.02 Billion | ▼ -2.2 pp |
| 2021 | 90.8% | CN¥107.93 Billion | CN¥9.92 Billion | CN¥319.60 Billion | ▼ -4.2 pp |
| 2020 | 95.0% | CN¥116.88 Billion | CN¥5.88 Billion | CN¥279.22 Billion | ▼ -0.3 pp |
| 2019 | 95.3% | CN¥112.05 Billion | CN¥5.31 Billion | CN¥282.97 Billion | ▲ +0.9 pp |
| 2018 | 94.4% | CN¥92.71 Billion | CN¥5.20 Billion | CN¥251.23 Billion | ▼ -0.2 pp |
| 2017 | 94.6% | CN¥66.83 Billion | CN¥3.60 Billion | CN¥214.97 Billion | ▲ +0.7 pp |
| 2016 | 93.9% | CN¥54.92 Billion | CN¥3.36 Billion | CN¥182.37 Billion | ▼ -0.6 pp |
| 2015 | 94.5% | CN¥48.57 Billion | CN¥2.66 Billion | CN¥161.70 Billion | ▲ +0.0 pp |
| 2014 | 94.5% | CN¥45.13 Billion | CN¥2.48 Billion | CN¥156.23 Billion | ▲ +1.2 pp |
| 2013 | 93.3% | CN¥35.47 Billion | CN¥2.37 Billion | CN¥133.70 Billion | ▼ -0.8 pp |
| 2012 | 94.1% | CN¥27.58 Billion | CN¥1.64 Billion | CN¥107.57 Billion | ▲ +2.9 pp |
| 2011 | 91.2% | CN¥18.38 Billion | CN¥1.62 Billion | CN¥85.21 Billion | ▼ -1.3 pp |
| 2010 | 92.5% | CN¥14.01 Billion | CN¥1.05 Billion | CN¥65.60 Billion | ▼ -2.8 pp |
| 2009 | 95.3% | CN¥10.65 Billion | CN¥504.86 Million | CN¥51.53 Billion | ▲ +1.1 pp |
| 2008 | 94.2% | CN¥7.73 Billion | CN¥449.57 Million | CN¥30.80 Billion | ▲ +1.6 pp |
| 2007 | 92.5% | CN¥5.86 Billion | CN¥437.58 Million | CN¥25.55 Billion | ▼ -4.3 pp |
| 2006 | 96.9% | CN¥3.15 Billion | CN¥98.28 Million | CN¥15.99 Billion | ▼ -0.8 pp |
| 2005 | 97.7% | CN¥2.81 Billion | CN¥65.22 Million | CN¥12.68 Billion | ▲ +0.5 pp |
| 2004 | 97.2% | CN¥2.52 Billion | CN¥70.36 Million | CN¥12.76 Billion | ▲ +1.8 pp |
| 2003 | 95.4% | CN¥2.19 Billion | CN¥101.57 Million | CN¥8.29 Billion | ▲ +0.0 pp |
| 2002 | 95.4% | CN¥1.86 Billion | CN¥86.48 Million | CN¥7.14 Billion | ▲ +2.3 pp |
| 2001 | 93.1% | CN¥1.76 Billion | CN¥121.46 Million | CN¥6.92 Billion | ▼ -2.2 pp |
| 2000 | 95.2% | CN¥1.65 Billion | CN¥78.55 Million | CN¥5.79 Billion | ▲ +2.7 pp |
| 1999 | 92.5% | CN¥1.09 Billion | CN¥81.41 Million | CN¥3.42 Billion | ▲ +0.8 pp |
| 1998 | 91.7% | CN¥998.96 Million | CN¥83.11 Million | CN¥2.93 Billion | ▲ +4.2 pp |
| 1997 | 87.5% | CN¥638.23 Million | CN¥79.79 Million | CN¥1.98 Billion | ▲ +2.2 pp |
| 1996 | 85.3% | CN¥556.03 Million | CN¥81.65 Million | CN¥1.84 Billion | ▲ +7.3 pp |
| 1995 | 78.0% | CN¥294.69 Million | CN¥64.89 Million | CN¥1.10 Billion | ▼ -9.2 pp |
| 1994 | 87.2% | CN¥214.52 Million | CN¥27.47 Million | CN¥848.20 Million | ▲ +5.9 pp |
| 1993 | 81.3% | CN¥187.72 Million | CN¥35.08 Million | CN¥616.59 Million | — |