Guangdong HongDa Blasting Co Ltd Tangible Net Worth Ratio
Guangdong HongDa Blasting Co Ltd tangible net worth ratio. Guangdong HongDa Blasting Co Ltd (002683) has a Tangible Net Worth Ratio of 79.2% as of September 2025. This metric is calculated by deducting intangible assets (CN¥3.04 Billion) from net assets (CN¥14.62 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. Check 002683 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Guangdong HongDa Blasting Co Ltd (2005–2024)
Tangible net worth ratio of Guangdong HongDa Blasting Co Ltd from 2005 to 2024. This chart shows how Guangdong HongDa Blasting Co Ltd's Tangible Net Worth Ratio has changed across 19 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 79.2%, reflecting net assets of CN¥14.62 Billion with intangible assets of CN¥3.04 Billion CNY. See working capital position of Guangdong HongDa Blasting Co Ltd to evaluate short-term liquidity relative to the company's equity base.
Guangdong HongDa Blasting Co Ltd Tangible Net Worth Ratio by Year (2005–2024)
Guangdong HongDa Blasting Co Ltd tangible net worth ratio by year from 2005 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Guangdong HongDa Blasting Co Ltd from 2005 to 2024, covering 19 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 Guangdong HongDa Blasting Co Ltd (002683) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 79.8% | CN¥7.81 Billion | CN¥1.58 Billion | CN¥19.65 Billion | ▼ -2.1 pp |
| 2023 | 81.9% | CN¥7.94 Billion | CN¥1.44 Billion | CN¥16.26 Billion | ▼ -1.4 pp |
| 2022 | 83.3% | CN¥7.13 Billion | CN¥1.19 Billion | CN¥15.33 Billion | ▼ -1.5 pp |
| 2021 | 84.9% | CN¥6.75 Billion | CN¥1.02 Billion | CN¥13.94 Billion | ▼ -2.9 pp |
| 2020 | 87.7% | CN¥5.82 Billion | CN¥713.85 Million | CN¥10.40 Billion | ▲ +3.1 pp |
| 2019 | 84.6% | CN¥3.72 Billion | CN¥571.87 Million | CN¥7.74 Billion | ▼ -2.8 pp |
| 2018 | 87.4% | CN¥3.46 Billion | CN¥436.88 Million | CN¥6.63 Billion | ▼ -5.4 pp |
| 2017 | 92.8% | CN¥3.28 Billion | CN¥236.56 Million | CN¥6.34 Billion | ▼ -4.1 pp |
| 2016 | 96.9% | CN¥3.09 Billion | CN¥96.94 Million | CN¥5.62 Billion | ▲ +0.9 pp |
| 2015 | 96.0% | CN¥2.39 Billion | CN¥95.94 Million | CN¥4.24 Billion | ▲ +0.0 pp |
| 2014 | 96.0% | CN¥2.37 Billion | CN¥95.92 Million | CN¥3.82 Billion | ▲ +2.3 pp |
| 2013 | 93.7% | CN¥1.55 Billion | CN¥97.96 Million | CN¥2.96 Billion | ▲ +1.4 pp |
| 2012 | 92.3% | CN¥1.22 Billion | CN¥93.78 Million | CN¥2.07 Billion | ▲ +15.0 pp |
| 2011 | 77.3% | CN¥419.85 Million | CN¥95.26 Million | CN¥1.20 Billion | ▼ -15.0 pp |
| 2010 | 92.3% | CN¥322.73 Million | CN¥24.88 Million | CN¥1.05 Billion | ▼ -4.6 pp |
| 2009 | 96.9% | CN¥351.27 Million | CN¥10.94 Million | CN¥877.06 Million | ▼ -1.4 pp |
| 2007 | 98.3% | CN¥94.90 Million | CN¥1.58 Million | CN¥251.89 Million | ▲ +0.2 pp |
| 2006 | 98.2% | CN¥101.51 Million | CN¥1.85 Million | CN¥229.68 Million | ▲ +1.3 pp |
| 2005 | 96.9% | CN¥67.95 Million | CN¥2.11 Million | CN¥147.30 Million | — |