Dalian Friendship Group Co Ltd (000679) — Tangible Net Worth Ratio

Latest as of March 2026: -135.6%

Dalian Friendship Group Co Ltd (000679) has a Tangible Net Worth Ratio of -135.6% as of March 2026. This metric is calculated by deducting intangible assets (CN¥115.23 Million) from net assets (CN¥48.91 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 working capital position of Dalian Friendship Group Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-135.6%
Tangible equity / total equity

Net Assets (Equity)

CN¥48.91 Million
CNY

Intangible Assets

CN¥115.23 Million
Goodwill, patents, brand value

Total Assets

CN¥983.35 Million
CNY

Dalian Friendship Group Co Ltd Tangible Net Worth Ratio (1993–2025)

This chart shows how Dalian Friendship Group 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 -135.6%, reflecting net assets of CN¥48.91 Million with intangible assets of CN¥115.23 Million CNY. See how many days can Dalian Friendship Group Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Dalian Friendship Group Co Ltd (1993–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Dalian Friendship Group 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 Dalian Friendship Group Co Ltd market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 -81.5% CN¥64.17 Million CN¥116.47 Million CN¥1.01 Billion ▼ -113.2 pp
2024 31.7% CN¥177.74 Million CN¥121.41 Million CN¥1.02 Billion ▼ -22.4 pp
2023 54.1% CN¥275.21 Million CN¥126.27 Million CN¥956.32 Million ▼ -5.0 pp
2022 59.1% CN¥320.56 Million CN¥131.19 Million CN¥968.99 Million ▼ -5.1 pp
2021 64.2% CN¥380.36 Million CN¥136.13 Million CN¥1.04 Billion ▼ -14.9 pp
2020 79.1% CN¥676.64 Million CN¥141.13 Million CN¥1.34 Billion ▲ +0.8 pp
2019 78.4% CN¥675.15 Million CN¥146.12 Million CN¥4.51 Billion ▼ -7.0 pp
2018 85.4% CN¥1.03 Billion CN¥151.12 Million CN¥5.59 Billion ▼ -4.1 pp
2017 89.5% CN¥1.48 Billion CN¥156.15 Million CN¥6.04 Billion ▼ -0.3 pp
2016 89.8% CN¥1.57 Billion CN¥160.59 Million CN¥6.94 Billion ▲ +2.3 pp
2015 87.5% CN¥1.84 Billion CN¥228.74 Million CN¥8.43 Billion ▼ -0.9 pp
2014 88.4% CN¥2.09 Billion CN¥241.34 Million CN¥8.90 Billion ▲ +0.5 pp
2013 88.0% CN¥2.09 Billion CN¥250.79 Million CN¥9.47 Billion ▼ -1.3 pp
2012 89.3% CN¥1.94 Billion CN¥206.91 Million CN¥9.62 Billion ▲ +2.2 pp
2011 87.1% CN¥1.66 Billion CN¥213.47 Million CN¥9.37 Billion ▲ +1.9 pp
2010 85.2% CN¥1.49 Billion CN¥220.08 Million CN¥7.58 Billion ▼ -12.4 pp
2009 97.6% CN¥1.21 Billion CN¥28.59 Million CN¥4.47 Billion ▲ +0.9 pp
2008 96.7% CN¥931.02 Million CN¥30.38 Million CN¥4.86 Billion ▲ +0.6 pp
2007 96.2% CN¥828.38 Million CN¥31.70 Million CN¥4.70 Billion ▲ +0.3 pp
2006 95.9% CN¥811.65 Million CN¥33.38 Million CN¥2.38 Billion ▼ -4.1 pp
2005 100.0% CN¥812.90 Million CN¥0.00 CN¥2.00 Billion ▲ +0.0 pp
2004 100.0% CN¥771.04 Million CN¥0.00 CN¥2.46 Billion ▲ +0.0 pp
2003 100.0% CN¥731.51 Million CN¥257.01K CN¥2.04 Billion ▲ +0.0 pp
2002 99.9% CN¥740.14 Million CN¥565.44K CN¥1.48 Billion ▲ +1.3 pp
2001 98.6% CN¥722.75 Million CN¥10.03 Million CN¥1.30 Billion ▲ +1.8 pp
2000 96.8% CN¥689.75 Million CN¥22.15 Million CN¥1.36 Billion ▼ -0.5 pp
1999 97.3% CN¥707.77 Million CN¥19.11 Million CN¥1.21 Billion ▼ -0.5 pp
1998 97.8% CN¥653.89 Million CN¥14.55 Million CN¥1.19 Billion ▲ +0.4 pp
1997 97.4% CN¥659.87 Million CN¥17.10 Million CN¥1.30 Billion ▼ -0.8 pp
1996 98.2% CN¥305.02 Million CN¥5.41 Million CN¥1.20 Billion ▲ +0.3 pp
1995 97.9% CN¥230.31 Million CN¥4.74 Million CN¥937.45 Million ▲ +1.2 pp
1994 96.7% CN¥185.46 Million CN¥6.06 Million CN¥563.02 Million ▼ -0.5 pp
1993 97.2% CN¥144.67 Million CN¥4.04 Million CN¥412.12 Million
pp = percentage points