Guilin Tourism Corp Ltd (000978) — Tangible Net Worth Ratio
Guilin Tourism Corp Ltd (000978) has a Tangible Net Worth Ratio of 71.6% as of September 2025. This metric is calculated by deducting intangible assets (CN¥314.15 Million) from net assets (CN¥1.11 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 Guilin Tourism Corp Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Guilin Tourism Corp Ltd Tangible Net Worth Ratio (1997–2024)
This chart shows how Guilin Tourism Corp Ltd's Tangible Net Worth Ratio has changed across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 71.6%, reflecting net assets of CN¥1.11 Billion with intangible assets of CN¥314.15 Million CNY. See 000978 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Guilin Tourism Corp Ltd (1997–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Guilin Tourism Corp Ltd from 1997 to 2024, covering 28 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 Guilin Tourism Corp Ltd (000978) total market value.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 70.3% | CN¥1.08 Billion | CN¥320.13 Million | CN¥2.16 Billion | ▼ -3.5 pp |
| 2023 | 73.8% | CN¥1.28 Billion | CN¥336.14 Million | CN¥2.34 Billion | ▲ +1.5 pp |
| 2022 | 72.3% | CN¥1.28 Billion | CN¥354.63 Million | CN¥2.36 Billion | ▲ +5.7 pp |
| 2021 | 66.6% | CN¥1.12 Billion | CN¥374.06 Million | CN¥2.56 Billion | ▼ -4.4 pp |
| 2020 | 71.0% | CN¥1.35 Billion | CN¥392.62 Million | CN¥2.67 Billion | ▼ -0.6 pp |
| 2019 | 71.6% | CN¥1.60 Billion | CN¥453.83 Million | CN¥2.87 Billion | ▲ +1.8 pp |
| 2018 | 69.8% | CN¥1.61 Billion | CN¥485.73 Million | CN¥2.92 Billion | ▲ +2.1 pp |
| 2017 | 67.7% | CN¥1.57 Billion | CN¥506.45 Million | CN¥2.63 Billion | ▲ +1.9 pp |
| 2016 | 65.8% | CN¥1.53 Billion | CN¥523.61 Million | CN¥2.67 Billion | ▲ +3.2 pp |
| 2015 | 62.6% | CN¥1.60 Billion | CN¥597.82 Million | CN¥2.85 Billion | ▲ +1.1 pp |
| 2014 | 61.5% | CN¥1.60 Billion | CN¥615.28 Million | CN¥3.06 Billion | ▲ +1.3 pp |
| 2013 | 60.2% | CN¥1.55 Billion | CN¥616.45 Million | CN¥2.78 Billion | ▼ -10.5 pp |
| 2012 | 70.6% | CN¥1.48 Billion | CN¥435.11 Million | CN¥2.27 Billion | ▼ -0.7 pp |
| 2011 | 71.3% | CN¥1.46 Billion | CN¥418.94 Million | CN¥2.46 Billion | ▲ +0.2 pp |
| 2010 | 71.1% | CN¥1.50 Billion | CN¥431.76 Million | CN¥2.24 Billion | ▼ -12.4 pp |
| 2009 | 83.5% | CN¥542.90 Million | CN¥89.46 Million | CN¥1.01 Billion | ▲ +0.4 pp |
| 2008 | 83.1% | CN¥560.94 Million | CN¥94.54 Million | CN¥978.61 Million | ▼ -4.8 pp |
| 2007 | 87.9% | CN¥501.72 Million | CN¥60.70 Million | CN¥834.53 Million | ▲ +4.2 pp |
| 2006 | 83.8% | CN¥465.57 Million | CN¥75.65 Million | CN¥828.41 Million | ▲ +0.9 pp |
| 2005 | 82.8% | CN¥459.59 Million | CN¥79.00 Million | CN¥807.78 Million | ▲ +1.1 pp |
| 2004 | 81.7% | CN¥449.06 Million | CN¥81.98 Million | CN¥757.71 Million | ▲ +0.5 pp |
| 2003 | 81.3% | CN¥441.09 Million | CN¥82.62 Million | CN¥567.40 Million | ▼ -5.1 pp |
| 2002 | 86.4% | CN¥431.55 Million | CN¥58.76 Million | CN¥580.72 Million | ▼ -3.9 pp |
| 2001 | 90.3% | CN¥408.54 Million | CN¥39.68 Million | CN¥496.29 Million | ▼ -9.7 pp |
| 2000 | 100.0% | CN¥357.07 Million | CN¥0.00 | CN¥429.84 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CN¥88.55 Million | CN¥0.00 | CN¥218.61 Million | ▲ +18.9 pp |
| 1998 | 81.1% | CN¥191.32 Million | CN¥36.08 Million | CN¥374.89 Million | ▼ -1.4 pp |
| 1997 | 82.6% | CN¥87.38 Million | CN¥15.21 Million | CN¥137.68 Million | — |