Guizhou Space Appliance Co Ltd (002025) — Tangible Net Worth Ratio
Guizhou Space Appliance Co Ltd (002025) has a Tangible Net Worth Ratio of 97.8% as of March 2026. This metric is calculated by deducting intangible assets (CN¥165.04 Million) from net assets (CN¥7.67 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 how fast is Guizhou Space Appliance Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Guizhou Space Appliance Co Ltd Tangible Net Worth Ratio (2001–2025)
This chart shows how Guizhou Space Appliance 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 97.8%, reflecting net assets of CN¥7.67 Billion with intangible assets of CN¥165.04 Million CNY. For live market cap and overall valuation, see Guizhou Space Appliance Co Ltd stock valuation.
Annual Tangible Net Worth Ratio for Guizhou Space Appliance Co Ltd (2001–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Guizhou Space Appliance 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. Explore Guizhou Space Appliance Co Ltd capital reinvestment 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 | 97.7% | CN¥7.60 Billion | CN¥171.17 Million | CN¥11.70 Billion | ▼ -0.1 pp |
| 2024 | 97.8% | CN¥7.50 Billion | CN¥164.83 Million | CN¥11.95 Billion | ▲ +0.1 pp |
| 2023 | 97.7% | CN¥7.28 Billion | CN¥163.89 Million | CN¥11.15 Billion | ▼ -0.9 pp |
| 2022 | 98.6% | CN¥6.58 Billion | CN¥91.88 Million | CN¥9.97 Billion | ▲ +0.1 pp |
| 2021 | 98.5% | CN¥6.09 Billion | CN¥93.60 Million | CN¥9.32 Billion | ▲ +0.8 pp |
| 2020 | 97.6% | CN¥4.12 Billion | CN¥97.35 Million | CN¥6.47 Billion | ▲ +0.6 pp |
| 2019 | 97.1% | CN¥3.68 Billion | CN¥107.33 Million | CN¥5.59 Billion | ▲ +0.6 pp |
| 2018 | 96.5% | CN¥3.19 Billion | CN¥111.23 Million | CN¥4.72 Billion | ▼ -0.4 pp |
| 2017 | 96.9% | CN¥2.83 Billion | CN¥87.31 Million | CN¥4.39 Billion | ▲ +0.3 pp |
| 2016 | 96.7% | CN¥2.59 Billion | CN¥86.66 Million | CN¥3.72 Billion | ▼ -1.0 pp |
| 2015 | 97.7% | CN¥2.33 Billion | CN¥53.67 Million | CN¥3.23 Billion | ▲ +1.5 pp |
| 2014 | 96.2% | CN¥2.13 Billion | CN¥80.92 Million | CN¥2.83 Billion | ▲ +0.3 pp |
| 2013 | 95.9% | CN¥1.98 Billion | CN¥80.73 Million | CN¥2.48 Billion | ▲ +0.5 pp |
| 2012 | 95.4% | CN¥1.82 Billion | CN¥83.63 Million | CN¥2.21 Billion | ▲ +0.5 pp |
| 2011 | 94.9% | CN¥1.69 Billion | CN¥86.44 Million | CN¥1.95 Billion | ▲ +0.8 pp |
| 2010 | 94.0% | CN¥1.58 Billion | CN¥93.87 Million | CN¥1.88 Billion | ▼ -1.2 pp |
| 2009 | 95.2% | CN¥1.48 Billion | CN¥70.87 Million | CN¥1.72 Billion | ▲ +7.2 pp |
| 2008 | 88.0% | CN¥1.38 Billion | CN¥166.49 Million | CN¥1.66 Billion | ▼ -10.4 pp |
| 2007 | 98.4% | CN¥1.25 Billion | CN¥20.33 Million | CN¥1.37 Billion | ▼ -1.2 pp |
| 2006 | 99.6% | CN¥551.56 Million | CN¥2.41 Million | CN¥640.28 Million | ▼ -0.2 pp |
| 2005 | 99.7% | CN¥451.84 Million | CN¥1.27 Million | CN¥524.10 Million | ▼ -0.2 pp |
| 2004 | 99.9% | CN¥304.42 Million | CN¥265.33K | CN¥355.14 Million | ▼ -0.1 pp |
| 2003 | 100.0% | CN¥103.55 Million | CN¥0.00 | CN¥152.43 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CN¥76.08 Million | CN¥0.00 | CN¥152.55 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CN¥65.16 Million | CN¥0.00 | CN¥86.11 Million | — |