Guangdong No2 Hydropower Engineering Co Ltd (002060) — Tangible Net Worth Ratio
Guangdong No2 Hydropower Engineering Co Ltd (002060) has a Tangible Net Worth Ratio of 83.0% as of September 2025. This metric is calculated by deducting intangible assets (CN¥2.58 Billion) from net assets (CN¥15.18 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 Guangdong No2 Hydropower Engineering Co equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Guangdong No2 Hydropower Engineering Co Ltd Tangible Net Worth Ratio (2003–2024)
This chart shows how Guangdong No2 Hydropower Engineering Co Ltd's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 83.0%, reflecting net assets of CN¥15.18 Billion with intangible assets of CN¥2.58 Billion CNY. For live market cap and overall valuation, see Guangdong No2 Hydropower Engineering Co market cap and net worth.
Annual Tangible Net Worth Ratio for Guangdong No2 Hydropower Engineering Co Ltd (2003–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Guangdong No2 Hydropower Engineering Co Ltd from 2003 to 2024, covering 22 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 002060 capital expenditure intensity 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) |
|---|---|---|---|---|---|
| 2024 | 82.5% | CN¥15.05 Billion | CN¥2.63 Billion | CN¥141.56 Billion | ▲ +0.6 pp |
| 2023 | 81.9% | CN¥14.15 Billion | CN¥2.57 Billion | CN¥133.39 Billion | ▲ +30.5 pp |
| 2022 | 51.4% | CN¥4.14 Billion | CN¥2.01 Billion | CN¥40.38 Billion | ▼ -2.3 pp |
| 2021 | 53.7% | CN¥4.12 Billion | CN¥1.91 Billion | CN¥31.73 Billion | ▼ -39.8 pp |
| 2020 | 93.4% | CN¥3.84 Billion | CN¥252.26 Million | CN¥29.49 Billion | ▲ +1.1 pp |
| 2019 | 92.3% | CN¥3.41 Billion | CN¥261.81 Million | CN¥26.05 Billion | ▲ +0.9 pp |
| 2018 | 91.4% | CN¥3.19 Billion | CN¥274.16 Million | CN¥20.25 Billion | ▼ -2.2 pp |
| 2017 | 93.6% | CN¥2.92 Billion | CN¥186.79 Million | CN¥17.52 Billion | ▼ -2.8 pp |
| 2016 | 96.4% | CN¥2.77 Billion | CN¥98.51 Million | CN¥15.72 Billion | ▼ -0.8 pp |
| 2015 | 97.2% | CN¥2.63 Billion | CN¥74.00 Million | CN¥14.59 Billion | ▲ +0.1 pp |
| 2014 | 97.1% | CN¥2.53 Billion | CN¥73.08 Million | CN¥12.61 Billion | ▼ -0.5 pp |
| 2013 | 97.6% | CN¥2.49 Billion | CN¥60.00 Million | CN¥11.10 Billion | ▼ -0.4 pp |
| 2012 | 97.9% | CN¥2.40 Billion | CN¥49.45 Million | CN¥9.85 Billion | ▲ +0.3 pp |
| 2011 | 97.6% | CN¥2.36 Billion | CN¥56.05 Million | CN¥8.21 Billion | ▲ +1.5 pp |
| 2010 | 96.1% | CN¥1.48 Billion | CN¥56.93 Million | CN¥6.13 Billion | ▼ -3.4 pp |
| 2009 | 99.5% | CN¥1.41 Billion | CN¥7.03 Million | CN¥4.42 Billion | ▼ 0.0 pp |
| 2008 | 99.5% | CN¥1.35 Billion | CN¥6.10 Million | CN¥3.52 Billion | ▲ +0.1 pp |
| 2007 | 99.4% | CN¥932.12 Million | CN¥5.47 Million | CN¥2.85 Billion | ▲ +0.1 pp |
| 2006 | 99.3% | CN¥850.56 Million | CN¥5.76 Million | CN¥1.93 Billion | ▲ +0.3 pp |
| 2005 | 99.0% | CN¥400.14 Million | CN¥3.86 Million | CN¥1.31 Billion | ▲ +0.1 pp |
| 2004 | 98.9% | CN¥370.39 Million | CN¥3.95 Million | CN¥1.19 Billion | ▲ +0.2 pp |
| 2003 | 98.7% | CN¥316.66 Million | CN¥4.03 Million | CN¥919.63 Million | — |