Fujian Guanfu Modern Household Wares Co Ltd (002102) — Tangible Net Worth Ratio

Latest as of September 2025: 96.5%

Fujian Guanfu Modern Household Wares Co Ltd (002102) has a Tangible Net Worth Ratio of 96.5% as of September 2025. This metric is calculated by deducting intangible assets (CN¥124.07 Million) from net assets (CN¥3.51 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 002102 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

96.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥3.51 Billion
CNY

Intangible Assets

CN¥124.07 Million
Goodwill, patents, brand value

Total Assets

CN¥6.79 Billion
CNY

Fujian Guanfu Modern Household Wares Co Ltd Tangible Net Worth Ratio (2003–2024)

This chart shows how Fujian Guanfu Modern Household Wares 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 96.5%, reflecting net assets of CN¥3.51 Billion with intangible assets of CN¥124.07 Million CNY. See Fujian Guanfu Modern Household Wares Co liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Fujian Guanfu Modern Household Wares Co Ltd (2003–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Fujian Guanfu Modern Household Wares 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 market cap of Fujian Guanfu Modern Household Wares Co .

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 92.8% CN¥3.71 Billion CN¥268.82 Million CN¥8.26 Billion ▼ -2.0 pp
2023 94.7% CN¥4.28 Billion CN¥225.99 Million CN¥9.15 Billion ▲ +0.1 pp
2022 94.6% CN¥4.02 Billion CN¥215.97 Million CN¥9.15 Billion ▲ +0.7 pp
2021 93.9% CN¥3.55 Billion CN¥215.25 Million CN¥9.36 Billion ▲ +1.0 pp
2020 93.0% CN¥3.43 Billion CN¥240.79 Million CN¥9.17 Billion ▲ +0.1 pp
2019 92.8% CN¥3.32 Billion CN¥237.60 Million CN¥8.20 Billion ▲ +5.8 pp
2018 87.0% CN¥2.44 Billion CN¥317.09 Million CN¥7.67 Billion ▼ -6.9 pp
2017 93.9% CN¥5.34 Billion CN¥325.51 Million CN¥8.21 Billion ▲ +1.2 pp
2016 92.8% CN¥4.59 Billion CN¥332.43 Million CN¥7.12 Billion ▲ +2.4 pp
2015 90.4% CN¥2.91 Billion CN¥280.61 Million CN¥4.87 Billion ▲ +4.3 pp
2014 86.0% CN¥2.06 Billion CN¥287.87 Million CN¥4.46 Billion ▲ +12.9 pp
2013 73.1% CN¥682.94 Million CN¥183.58 Million CN¥2.01 Billion ▼ -21.1 pp
2012 94.2% CN¥657.35 Million CN¥38.24 Million CN¥1.95 Billion ▲ +3.5 pp
2011 90.6% CN¥468.84 Million CN¥43.86 Million CN¥1.71 Billion ▲ +5.3 pp
2010 85.3% CN¥593.40 Million CN¥87.03 Million CN¥1.68 Billion ▼ -5.6 pp
2009 90.9% CN¥421.24 Million CN¥38.40 Million CN¥1.31 Billion ▲ +0.3 pp
2008 90.6% CN¥408.46 Million CN¥38.30 Million CN¥1.23 Billion ▼ -3.2 pp
2007 93.9% CN¥414.78 Million CN¥25.51 Million CN¥864.03 Million ▼ -6.1 pp
2006 99.9% CN¥397.46 Million CN¥228.24K CN¥724.87 Million ▲ +7.9 pp
2005 92.0% CN¥196.26 Million CN¥15.63 Million CN¥354.02 Million ▼ -8.0 pp
2004 100.0% CN¥163.66 Million CN¥0.00 CN¥302.89 Million ▲ +0.0 pp
2003 100.0% CN¥131.13 Million CN¥0.00 CN¥236.63 Million
pp = percentage points