Suning Commerce Group Co Ltd (002024) — Tangible Net Worth Ratio

Latest as of March 2026: 66.6%

Suning Commerce Group Co Ltd (002024) has a Tangible Net Worth Ratio of 66.6% as of March 2026. This metric is calculated by deducting intangible assets (CN¥3.46 Billion) from net assets (CN¥10.36 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 002024 net asset value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

66.6%
Tangible equity / total equity

Net Assets (Equity)

CN¥10.36 Billion
CNY

Intangible Assets

CN¥3.46 Billion
Goodwill, patents, brand value

Total Assets

CN¥110.01 Billion
CNY

Suning Commerce Group Co Ltd Tangible Net Worth Ratio (2001–2025)

This chart shows how Suning Commerce Group Co Ltd's Tangible Net Worth Ratio has changed across 25 annual periods from 2001 to 2025. As of March 2026, the ratio stands at 66.6%, reflecting net assets of CN¥10.36 Billion with intangible assets of CN¥3.46 Billion CNY. Also explore net asset growth rate of Suning Commerce Group Co Ltd to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Suning Commerce Group Co Ltd (2001–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Suning Commerce Group Co Ltd from 2001 to 2025, covering 25 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 Suning Commerce Group Co Ltd worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 66.9% CN¥10.68 Billion CN¥3.53 Billion CN¥109.85 Billion ▲ +3.2 pp
2024 63.8% CN¥11.16 Billion CN¥4.04 Billion CN¥119.04 Billion ▲ +34.2 pp
2023 29.5% CN¥10.14 Billion CN¥7.14 Billion CN¥121.75 Billion ▼ -16.5 pp
2022 46.0% CN¥15.09 Billion CN¥8.15 Billion CN¥139.92 Billion ▼ -24.0 pp
2021 70.0% CN¥31.03 Billion CN¥9.30 Billion CN¥170.74 Billion ▼ -11.9 pp
2020 81.9% CN¥76.83 Billion CN¥13.92 Billion CN¥212.08 Billion ▼ -1.2 pp
2019 83.1% CN¥87.14 Billion CN¥14.74 Billion CN¥236.86 Billion ▼ -5.9 pp
2018 89.0% CN¥88.21 Billion CN¥9.68 Billion CN¥199.47 Billion ▼ -1.1 pp
2017 90.2% CN¥83.63 Billion CN¥8.22 Billion CN¥157.28 Billion ▼ -1.7 pp
2016 91.9% CN¥69.92 Billion CN¥5.69 Billion CN¥137.17 Billion ▲ +14.3 pp
2015 77.6% CN¥31.93 Billion CN¥7.15 Billion CN¥88.08 Billion ▲ +1.5 pp
2014 76.1% CN¥29.54 Billion CN¥7.05 Billion CN¥82.19 Billion ▼ -0.1 pp
2013 76.3% CN¥28.70 Billion CN¥6.81 Billion CN¥82.25 Billion ▼ -2.8 pp
2012 79.1% CN¥29.11 Billion CN¥6.08 Billion CN¥76.16 Billion ▼ -1.5 pp
2011 80.6% CN¥23.03 Billion CN¥4.46 Billion CN¥59.79 Billion ▼ -12.3 pp
2010 92.9% CN¥18.85 Billion CN¥1.33 Billion CN¥43.91 Billion ▼ -1.5 pp
2009 94.5% CN¥14.92 Billion CN¥823.39 Million CN¥35.84 Billion ▲ +0.9 pp
2008 93.6% CN¥9.11 Billion CN¥585.46 Million CN¥21.62 Billion ▲ +1.5 pp
2007 92.1% CN¥4.83 Billion CN¥383.63 Million CN¥16.23 Billion ▼ -7.3 pp
2006 99.4% CN¥3.21 Billion CN¥20.18 Million CN¥8.85 Billion ▼ 0.0 pp
2005 99.4% CN¥1.24 Billion CN¥7.30 Million CN¥4.33 Billion ▼ -0.6 pp
2004 100.0% CN¥865.58 Million CN¥0.00 CN¥2.05 Billion ▲ +0.0 pp
2003 100.0% CN¥267.16 Million CN¥0.00 CN¥755.22 Million ▲ +0.0 pp
2002 100.0% CN¥155.96 Million CN¥0.00 CN¥425.22 Million ▲ +0.0 pp
2001 100.0% CN¥100.43 Million CN¥0.00 CN¥681.04 Million
pp = percentage points