Guangdong Golden Dragon Development Inc (000712) — Tangible Net Worth Ratio
Guangdong Golden Dragon Development Inc (000712) has a Tangible Net Worth Ratio of 93.7% as of March 2026. This metric is calculated by deducting intangible assets (CN¥296.55 Million) from net assets (CN¥4.71 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. Also explore 000712 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Guangdong Golden Dragon Development Inc Tangible Net Worth Ratio (1993–2025)
This chart shows how Guangdong Golden Dragon Development Inc's Tangible Net Worth Ratio has changed across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 93.7%, reflecting net assets of CN¥4.71 Billion with intangible assets of CN¥296.55 Million CNY. For live market cap and overall valuation, see market value of Guangdong Golden Dragon Development Inc.
Annual Tangible Net Worth Ratio for Guangdong Golden Dragon Development Inc (1993–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Guangdong Golden Dragon Development Inc 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. Explore 000712 capex to operating cash flow ratio 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 | 93.7% | CN¥4.71 Billion | CN¥298.15 Million | CN¥23.08 Billion | ▲ +1.9 pp |
| 2024 | 91.7% | CN¥4.48 Billion | CN¥369.70 Million | CN¥23.67 Billion | ▲ +0.1 pp |
| 2023 | 91.6% | CN¥4.54 Billion | CN¥379.55 Million | CN¥19.90 Billion | ▼ -0.6 pp |
| 2022 | 92.2% | CN¥5.04 Billion | CN¥392.56 Million | CN¥22.56 Billion | ▼ -0.1 pp |
| 2021 | 92.3% | CN¥5.25 Billion | CN¥404.55 Million | CN¥20.87 Billion | ▼ 0.0 pp |
| 2020 | 92.3% | CN¥5.37 Billion | CN¥413.33 Million | CN¥23.80 Billion | ▲ +0.4 pp |
| 2019 | 91.9% | CN¥5.24 Billion | CN¥425.64 Million | CN¥27.31 Billion | ▲ +0.3 pp |
| 2018 | 91.6% | CN¥5.17 Billion | CN¥436.82 Million | CN¥29.81 Billion | ▼ -0.3 pp |
| 2017 | 91.9% | CN¥5.53 Billion | CN¥449.08 Million | CN¥33.34 Billion | ▲ +0.5 pp |
| 2016 | 91.4% | CN¥5.37 Billion | CN¥461.47 Million | CN¥26.17 Billion | ▲ +0.9 pp |
| 2015 | 90.5% | CN¥5.01 Billion | CN¥473.43 Million | CN¥19.87 Billion | ▲ +2.7 pp |
| 2014 | 87.8% | CN¥3.98 Billion | CN¥485.23 Million | CN¥15.20 Billion | ▲ +1.2 pp |
| 2013 | 86.6% | CN¥3.72 Billion | CN¥496.18 Million | CN¥10.39 Billion | ▼ -13.0 pp |
| 2012 | 99.6% | CN¥2.25 Billion | CN¥8.59 Million | CN¥2.71 Billion | ▲ +0.6 pp |
| 2011 | 99.0% | CN¥892.70 Million | CN¥8.83 Million | CN¥1.34 Billion | ▲ +0.0 pp |
| 2010 | 99.0% | CN¥879.63 Million | CN¥9.05 Million | CN¥1.28 Billion | ▲ +0.2 pp |
| 2009 | 98.7% | CN¥723.84 Million | CN¥9.24 Million | CN¥1.20 Billion | ▲ +0.2 pp |
| 2008 | 98.5% | CN¥584.15 Million | CN¥8.83 Million | CN¥1.13 Billion | ▼ -0.2 pp |
| 2007 | 98.7% | CN¥690.77 Million | CN¥9.05 Million | CN¥1.27 Billion | ▲ +7.1 pp |
| 2006 | 91.6% | CN¥452.63 Million | CN¥38.03 Million | CN¥1.34 Billion | ▲ +2.5 pp |
| 2005 | 89.1% | CN¥513.86 Million | CN¥56.06 Million | CN¥1.72 Billion | ▲ +0.4 pp |
| 2004 | 88.7% | CN¥509.11 Million | CN¥57.44 Million | CN¥1.68 Billion | ▲ +4.3 pp |
| 2003 | 84.4% | CN¥509.15 Million | CN¥79.39 Million | CN¥1.59 Billion | ▼ -9.3 pp |
| 2002 | 93.7% | CN¥463.73 Million | CN¥29.28 Million | CN¥1.28 Billion | ▲ +0.4 pp |
| 2001 | 93.3% | CN¥448.61 Million | CN¥29.97 Million | CN¥718.69 Million | ▲ +0.4 pp |
| 2000 | 92.9% | CN¥433.04 Million | CN¥30.76 Million | CN¥649.34 Million | ▲ +1.8 pp |
| 1999 | 91.1% | CN¥359.74 Million | CN¥32.15 Million | CN¥535.92 Million | ▲ +0.8 pp |
| 1998 | 90.3% | CN¥337.64 Million | CN¥32.75 Million | CN¥493.15 Million | ▼ -3.4 pp |
| 1997 | 93.7% | CN¥307.58 Million | CN¥19.34 Million | CN¥455.92 Million | ▲ +6.2 pp |
| 1996 | 87.5% | CN¥158.46 Million | CN¥19.77 Million | CN¥337.96 Million | ▲ +9.5 pp |
| 1995 | 78.0% | CN¥106.55 Million | CN¥23.39 Million | CN¥208.16 Million | ▲ +1.3 pp |
| 1994 | 76.7% | CN¥100.50 Million | CN¥23.39 Million | CN¥177.47 Million | ▲ +8.7 pp |
| 1993 | 68.0% | CN¥73.08 Million | CN¥23.39 Million | CN¥134.62 Million | — |