Hubei Heyuan Gas Co Ltd Tangible Net Worth Ratio

Latest as of June 2026: 88.1%

Hubei Heyuan Gas Co Ltd tangible net worth ratio. Hubei Heyuan Gas Co Ltd (002971) has a Tangible Net Worth Ratio of 88.1% as of June 2026. This metric is calculated by deducting intangible assets (CN¥295.92 Million) from net assets (CN¥2.49 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 Hubei Heyuan Gas Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

88.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥2.49 Billion
CNY

Intangible Assets

CN¥295.92 Million
Goodwill, patents, brand value

Total Assets

CN¥7.18 Billion
CNY

Tangible Net Worth Ratio of Hubei Heyuan Gas Co Ltd (2015–2025)

Tangible net worth ratio of Hubei Heyuan Gas Co Ltd from 2015 to 2025. This chart shows how Hubei Heyuan Gas Co Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of June 2026, the ratio stands at 88.1%, reflecting net assets of CN¥2.49 Billion with intangible assets of CN¥295.92 Million CNY. Check Hubei Heyuan Gas Co Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Hubei Heyuan Gas Co Ltd Tangible Net Worth Ratio by Year (2015–2025)

Hubei Heyuan Gas Co Ltd tangible net worth ratio by year from 2015 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Hubei Heyuan Gas Co Ltd from 2015 to 2025, covering 11 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 002971 market cap.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 82.8% CN¥1.76 Billion CN¥304.15 Million CN¥6.36 Billion ▼ -0.9 pp
2024 83.6% CN¥1.74 Billion CN¥284.49 Million CN¥5.72 Billion ▼ -8.8 pp
2023 92.4% CN¥1.30 Billion CN¥98.77 Million CN¥4.07 Billion ▼ -0.5 pp
2022 92.9% CN¥1.21 Billion CN¥85.34 Million CN¥2.94 Billion ▼ -3.4 pp
2021 96.3% CN¥1.14 Billion CN¥41.92 Million CN¥2.33 Billion ▼ -0.8 pp
2020 97.2% CN¥1.09 Billion CN¥30.92 Million CN¥1.82 Billion ▲ +2.0 pp
2019 95.2% CN¥611.74 Million CN¥29.65 Million CN¥1.22 Billion ▲ +0.3 pp
2018 94.8% CN¥527.85 Million CN¥27.24 Million CN¥1.03 Billion ▲ +0.7 pp
2017 94.2% CN¥453.45 Million CN¥26.42 Million CN¥886.54 Million ▲ +0.4 pp
2016 93.8% CN¥439.96 Million CN¥27.33 Million CN¥819.55 Million ▲ +2.1 pp
2015 91.7% CN¥299.50 Million CN¥24.92 Million CN¥722.96 Million —
pp = percentage points