Guangdong Golden Dragon Development Inc (000712) — Tangible Net Worth Ratio

Latest as of March 2026: 93.7%

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. See Guangdong Golden Dragon Development Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

93.7%
Tangible equity / total equity

Net Assets (Equity)

CN¥4.71 Billion
CNY

Intangible Assets

CN¥296.55 Million
Goodwill, patents, brand value

Total Assets

CN¥23.40 Billion
CNY

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. See Guangdong Golden Dragon Development Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

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. For the full company profile including market capitalisation, see Guangdong Golden Dragon Development Inc stock valuation.

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
pp = percentage points