Unisplendour Corp Ltd (000938) — Tangible Net Worth Ratio

Latest as of September 2025: 77.1%

Unisplendour Corp Ltd (000938) has a Tangible Net Worth Ratio of 77.1% as of September 2025. This metric is calculated by deducting intangible assets (CN¥3.94 Billion) from net assets (CN¥17.22 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 working capital to net assets of Unisplendour Corp Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

77.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥17.22 Billion
CNY

Intangible Assets

CN¥3.94 Billion
Goodwill, patents, brand value

Total Assets

CN¥93.64 Billion
CNY

Unisplendour Corp Ltd Tangible Net Worth Ratio (1996–2024)

This chart shows how Unisplendour Corp Ltd's Tangible Net Worth Ratio has changed across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 77.1%, reflecting net assets of CN¥17.22 Billion with intangible assets of CN¥3.94 Billion CNY. See defensive interval ratio of Unisplendour Corp Ltd to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Unisplendour Corp Ltd (1996–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Unisplendour Corp Ltd from 1996 to 2024, covering 29 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 how much is Unisplendour Corp Ltd worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 75.0% CN¥16.11 Billion CN¥4.02 Billion CN¥88.81 Billion ▼ -14.7 pp
2023 89.7% CN¥40.04 Billion CN¥4.12 Billion CN¥87.26 Billion ▼ -0.5 pp
2022 90.2% CN¥37.83 Billion CN¥3.70 Billion CN¥74.06 Billion ▲ +1.3 pp
2021 88.9% CN¥35.67 Billion CN¥3.95 Billion CN¥66.43 Billion ▲ +0.4 pp
2020 88.5% CN¥34.18 Billion CN¥3.92 Billion CN¥58.83 Billion ▼ -0.4 pp
2019 88.9% CN¥32.36 Billion CN¥3.60 Billion CN¥54.74 Billion ▲ +0.9 pp
2018 88.0% CN¥30.49 Billion CN¥3.67 Billion CN¥48.56 Billion ▲ +0.9 pp
2017 87.1% CN¥28.89 Billion CN¥3.74 Billion CN¥42.58 Billion ▲ +1.0 pp
2016 86.1% CN¥27.09 Billion CN¥3.76 Billion CN¥37.10 Billion ▼ -9.9 pp
2015 96.0% CN¥2.69 Billion CN¥107.71 Million CN¥6.28 Billion ▲ +0.9 pp
2014 95.1% CN¥2.10 Billion CN¥102.30 Million CN¥4.67 Billion ▲ +1.2 pp
2013 93.9% CN¥1.30 Billion CN¥79.23 Million CN¥3.22 Billion ▼ -1.2 pp
2012 95.1% CN¥1.18 Billion CN¥58.02 Million CN¥2.69 Billion ▲ +1.6 pp
2011 93.5% CN¥891.14 Million CN¥58.06 Million CN¥2.13 Billion ▲ +2.7 pp
2010 90.8% CN¥882.14 Million CN¥81.28 Million CN¥2.03 Billion ▼ -1.0 pp
2009 91.8% CN¥873.71 Million CN¥71.83 Million CN¥1.98 Billion ▲ +47.3 pp
2008 44.5% CN¥1.00 Billion CN¥555.70 Million CN¥2.21 Billion ▼ -2.1 pp
2007 46.6% CN¥814.21 Million CN¥434.74 Million CN¥1.95 Billion ▼ -19.9 pp
2006 66.6% CN¥703.78 Million CN¥235.39 Million CN¥1.76 Billion ▼ -27.7 pp
2005 94.3% CN¥685.61 Million CN¥39.26 Million CN¥1.63 Billion ▼ -0.1 pp
2004 94.3% CN¥721.36 Million CN¥40.87 Million CN¥1.73 Billion ▲ +0.6 pp
2003 93.8% CN¥717.81 Million CN¥44.81 Million CN¥1.64 Billion ▼ -5.9 pp
2002 99.7% CN¥713.80 Million CN¥2.47 Million CN¥1.51 Billion ▲ +1.6 pp
2001 98.0% CN¥629.66 Million CN¥12.35 Million CN¥1.02 Billion ▲ +3.3 pp
2000 94.7% CN¥706.73 Million CN¥37.26 Million CN¥1.10 Billion ▼ -4.5 pp
1999 99.2% CN¥621.78 Million CN¥4.94 Million CN¥797.44 Million ▲ +4.0 pp
1998 95.2% CN¥91.75 Million CN¥4.40 Million CN¥244.49 Million ▲ +2.5 pp
1997 92.7% CN¥65.58 Million CN¥4.79 Million CN¥173.73 Million ▼ -7.3 pp
1996 100.0% CN¥28.25 Million CN¥0.00 CN¥94.17 Million
pp = percentage points