Guangzhou Pearl River Piano Group Co Ltd Tangible Net Worth Ratio
Guangzhou Pearl River Piano Group Co Ltd tangible net worth ratio. Guangzhou Pearl River Piano Group Co Ltd (002678) has a Tangible Net Worth Ratio of 95.5% as of September 2025. This metric is calculated by deducting intangible assets (CN¥147.92 Million) from net assets (CN¥3.26 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 002678 net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Guangzhou Pearl River Piano Group Co Ltd (2009–2024)
Tangible net worth ratio of Guangzhou Pearl River Piano Group Co Ltd from 2009 to 2024. This chart shows how Guangzhou Pearl River Piano Group Co Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 95.5%, reflecting net assets of CN¥3.26 Billion with intangible assets of CN¥147.92 Million CNY. Check Guangzhou Pearl River Piano Group Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Guangzhou Pearl River Piano Group Co Ltd Tangible Net Worth Ratio by Year (2009–2024)
Guangzhou Pearl River Piano Group Co Ltd tangible net worth ratio by year from 2009 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Guangzhou Pearl River Piano Group Co Ltd from 2009 to 2024, covering 16 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 live market cap and overall valuation, see 002678 stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 95.6% | CN¥3.47 Billion | CN¥151.89 Million | CN¥3.99 Billion | ▼ -0.3 pp |
| 2023 | 95.9% | CN¥3.73 Billion | CN¥152.60 Million | CN¥4.56 Billion | ▲ +0.1 pp |
| 2022 | 95.8% | CN¥3.75 Billion | CN¥158.40 Million | CN¥5.12 Billion | ▲ +0.3 pp |
| 2021 | 95.5% | CN¥3.68 Billion | CN¥164.70 Million | CN¥5.02 Billion | ▲ +0.4 pp |
| 2020 | 95.1% | CN¥3.55 Billion | CN¥172.90 Million | CN¥4.80 Billion | ▲ +0.9 pp |
| 2019 | 94.2% | CN¥3.43 Billion | CN¥198.97 Million | CN¥4.47 Billion | ▲ +0.4 pp |
| 2018 | 93.8% | CN¥3.33 Billion | CN¥205.73 Million | CN¥4.38 Billion | ▲ +0.3 pp |
| 2017 | 93.5% | CN¥3.23 Billion | CN¥210.40 Million | CN¥4.17 Billion | ▲ +3.9 pp |
| 2016 | 89.6% | CN¥2.03 Billion | CN¥210.23 Million | CN¥2.89 Billion | ▼ -6.2 pp |
| 2015 | 95.9% | CN¥1.93 Billion | CN¥79.99 Million | CN¥2.46 Billion | ▲ +0.3 pp |
| 2014 | 95.6% | CN¥1.85 Billion | CN¥82.19 Million | CN¥2.37 Billion | ▲ +0.2 pp |
| 2013 | 95.3% | CN¥1.81 Billion | CN¥84.19 Million | CN¥2.27 Billion | ▲ +0.9 pp |
| 2012 | 94.4% | CN¥1.66 Billion | CN¥92.92 Million | CN¥2.00 Billion | ▲ +4.7 pp |
| 2011 | 89.7% | CN¥929.84 Million | CN¥95.65 Million | CN¥1.38 Billion | ▼ -4.2 pp |
| 2010 | 93.9% | CN¥830.72 Million | CN¥50.28 Million | CN¥1.27 Billion | ▼ -0.6 pp |
| 2009 | 94.5% | CN¥793.12 Million | CN¥43.29 Million | CN¥1.26 Billion | — |