Guangdong Great River Smarter Logistics Co Ltd Class A (002930) — Tangible Net Worth Ratio

Latest as of September 2025: 55.0%

Guangdong Great River Smarter Logistics Co Ltd Class A (002930) has a Tangible Net Worth Ratio of 55.0% as of September 2025. This metric is calculated by deducting intangible assets (CN¥1.33 Billion) from net assets (CN¥2.94 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 Guangdong Great River Smarter Logistics short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

55.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥2.94 Billion
CNY

Intangible Assets

CN¥1.33 Billion
Goodwill, patents, brand value

Total Assets

CN¥9.25 Billion
CNY

Guangdong Great River Smarter Logistics Co Ltd Class A Tangible Net Worth Ratio (2013–2024)

This chart shows how Guangdong Great River Smarter Logistics Co Ltd Class A's Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 55.0%, reflecting net assets of CN¥2.94 Billion with intangible assets of CN¥1.33 Billion CNY. See 002930 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Guangdong Great River Smarter Logistics Co Ltd Class A (2013–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Guangdong Great River Smarter Logistics Co Ltd Class A from 2013 to 2024, covering 12 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 002930 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 56.0% CN¥3.08 Billion CN¥1.35 Billion CN¥9.37 Billion ▼ -0.7 pp
2023 56.7% CN¥3.00 Billion CN¥1.30 Billion CN¥9.47 Billion ▼ -0.6 pp
2022 57.3% CN¥2.70 Billion CN¥1.15 Billion CN¥9.16 Billion ▼ -12.1 pp
2021 69.5% CN¥2.88 Billion CN¥879.30 Million CN¥6.89 Billion ▲ +6.7 pp
2020 62.7% CN¥2.39 Billion CN¥890.74 Million CN¥6.36 Billion ▼ -1.7 pp
2019 64.4% CN¥1.90 Billion CN¥676.42 Million CN¥3.58 Billion ▼ -3.9 pp
2018 68.3% CN¥1.83 Billion CN¥579.02 Million CN¥2.88 Billion ▼ -1.3 pp
2017 69.6% CN¥1.19 Billion CN¥362.22 Million CN¥1.87 Billion ▲ +3.4 pp
2016 66.3% CN¥1.10 Billion CN¥371.26 Million CN¥1.89 Billion ▲ +7.5 pp
2015 58.8% CN¥918.50 Million CN¥378.59 Million CN¥1.89 Billion ▲ +12.2 pp
2014 46.6% CN¥582.35 Million CN¥311.12 Million CN¥1.86 Billion ▼ -2.4 pp
2013 49.0% CN¥625.80 Million CN¥319.16 Million CN¥1.87 Billion
pp = percentage points