Shaanxi Provincial Natural Gas Co Ltd (002267) — Tangible Net Worth Ratio

Latest as of September 2025: 89.3%

Shaanxi Provincial Natural Gas Co Ltd (002267) has a Tangible Net Worth Ratio of 89.3% as of September 2025. This metric is calculated by deducting intangible assets (CN¥734.13 Million) from net assets (CN¥6.89 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 Shaanxi Provincial Natural Gas Co Ltd (002267) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

89.3%
Tangible equity / total equity

Net Assets (Equity)

CN¥6.89 Billion
CNY

Intangible Assets

CN¥734.13 Million
Goodwill, patents, brand value

Total Assets

CN¥13.96 Billion
CNY

Shaanxi Provincial Natural Gas Co Ltd Tangible Net Worth Ratio (2005–2024)

This chart shows how Shaanxi Provincial Natural Gas Co Ltd's Tangible Net Worth Ratio has changed across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 89.3%, reflecting net assets of CN¥6.89 Billion with intangible assets of CN¥734.13 Million CNY. See 002267 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shaanxi Provincial Natural Gas Co Ltd (2005–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shaanxi Provincial Natural Gas Co Ltd from 2005 to 2024, covering 20 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 Shaanxi Provincial Natural Gas Co Ltd stock valuation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 89.4% CN¥6.73 Billion CN¥711.52 Million CN¥14.65 Billion ▼ -0.6 pp
2023 90.0% CN¥6.85 Billion CN¥684.29 Million CN¥12.82 Billion ▼ -0.2 pp
2022 90.2% CN¥6.59 Billion CN¥644.30 Million CN¥13.00 Billion ▼ -0.2 pp
2021 90.4% CN¥6.64 Billion CN¥634.20 Million CN¥12.99 Billion ▼ -0.5 pp
2020 91.0% CN¥6.40 Billion CN¥577.02 Million CN¥13.32 Billion ▼ -0.8 pp
2019 91.8% CN¥6.17 Billion CN¥505.28 Million CN¥12.03 Billion ▼ -0.6 pp
2018 92.4% CN¥5.78 Billion CN¥440.98 Million CN¥11.70 Billion ▼ -0.7 pp
2017 93.0% CN¥5.72 Billion CN¥397.65 Million CN¥10.78 Billion ▼ -0.1 pp
2016 93.1% CN¥5.45 Billion CN¥374.14 Million CN¥10.34 Billion ▲ +0.2 pp
2015 92.9% CN¥5.11 Billion CN¥360.09 Million CN¥10.10 Billion ▲ +0.4 pp
2014 92.5% CN¥4.60 Billion CN¥343.81 Million CN¥9.75 Billion ▼ -1.6 pp
2013 94.1% CN¥3.22 Billion CN¥189.65 Million CN¥8.66 Billion ▼ -1.2 pp
2012 95.3% CN¥3.00 Billion CN¥141.45 Million CN¥7.61 Billion ▼ -0.4 pp
2011 95.7% CN¥2.79 Billion CN¥120.94 Million CN¥5.99 Billion ▼ -1.2 pp
2010 96.9% CN¥2.48 Billion CN¥78.05 Million CN¥4.00 Billion ▲ +0.0 pp
2009 96.8% CN¥2.22 Billion CN¥70.50 Million CN¥3.06 Billion ▼ -1.1 pp
2008 97.9% CN¥2.05 Billion CN¥42.55 Million CN¥2.91 Billion ▲ +1.9 pp
2007 96.0% CN¥732.87 Million CN¥29.17 Million CN¥1.85 Billion ▲ +2.1 pp
2006 94.0% CN¥479.01 Million CN¥28.96 Million CN¥1.91 Billion ▲ +0.2 pp
2005 93.8% CN¥440.80 Million CN¥27.46 Million CN¥1.94 Billion
pp = percentage points