Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) — Tangible Net Worth Ratio

Latest as of March 2026: 94.2%

Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) has a Tangible Net Worth Ratio of 94.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥85.12 Million) from net assets (CN¥1.48 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 002084 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

94.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.48 Billion
CNY

Intangible Assets

CN¥85.12 Million
Goodwill, patents, brand value

Total Assets

CN¥2.92 Billion
CNY

Guangzhou Seagull Kitchen And Bath Products Co Ltd Tangible Net Worth Ratio (2003–2024)

This chart shows how Guangzhou Seagull Kitchen And Bath Products Co Ltd's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of March 2026, the ratio stands at 94.2%, reflecting net assets of CN¥1.48 Billion with intangible assets of CN¥85.12 Million CNY. See Guangzhou Seagull Kitchen And Bath Produ (002084) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Guangzhou Seagull Kitchen And Bath Products Co Ltd (2003–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Guangzhou Seagull Kitchen And Bath Products 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. For the full company profile including market capitalisation, see 002084 market cap overview.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 91.9% CN¥1.59 Billion CN¥129.38 Million CN¥3.50 Billion ▼ -0.4 pp
2023 92.3% CN¥1.77 Billion CN¥136.51 Million CN¥3.70 Billion ▼ -0.8 pp
2022 93.1% CN¥2.10 Billion CN¥144.41 Million CN¥4.19 Billion ▲ +0.2 pp
2021 92.9% CN¥2.03 Billion CN¥143.65 Million CN¥4.62 Billion ▼ -0.1 pp
2020 93.0% CN¥2.04 Billion CN¥143.28 Million CN¥4.00 Billion ▲ +1.5 pp
2019 91.5% CN¥1.72 Billion CN¥145.65 Million CN¥3.02 Billion ▲ +0.3 pp
2018 91.2% CN¥1.66 Billion CN¥145.98 Million CN¥2.87 Billion ▼ -3.5 pp
2017 94.7% CN¥1.68 Billion CN¥88.75 Million CN¥2.44 Billion ▲ +2.3 pp
2016 92.4% CN¥1.25 Billion CN¥94.93 Million CN¥1.87 Billion ▼ -2.2 pp
2015 94.6% CN¥1.15 Billion CN¥62.42 Million CN¥1.84 Billion ▲ +2.5 pp
2014 92.0% CN¥826.19 Million CN¥65.86 Million CN¥1.69 Billion ▼ -0.5 pp
2013 92.6% CN¥797.95 Million CN¥59.45 Million CN¥1.65 Billion ▲ +0.1 pp
2012 92.5% CN¥789.47 Million CN¥59.27 Million CN¥1.67 Billion ▼ -0.9 pp
2011 93.4% CN¥785.95 Million CN¥51.95 Million CN¥1.61 Billion ▼ -0.6 pp
2010 94.0% CN¥836.95 Million CN¥50.49 Million CN¥1.61 Billion ▲ +0.3 pp
2009 93.7% CN¥819.90 Million CN¥51.54 Million CN¥1.51 Billion ▼ -0.9 pp
2008 94.6% CN¥805.32 Million CN¥43.21 Million CN¥1.51 Billion ▼ -0.2 pp
2007 94.8% CN¥750.18 Million CN¥39.02 Million CN¥1.39 Billion ▼ -3.6 pp
2006 98.4% CN¥681.54 Million CN¥11.20 Million CN¥1.19 Billion ▲ +2.7 pp
2005 95.6% CN¥255.56 Million CN¥11.18 Million CN¥653.35 Million ▼ -2.3 pp
2004 98.0% CN¥247.08 Million CN¥5.00 Million CN¥522.17 Million ▼ -1.8 pp
2003 99.8% CN¥143.15 Million CN¥268.28K CN¥292.86 Million
pp = percentage points