Foshan Electrical and Lighting Co Ltd (200541) — Tangible Net Worth Ratio
Foshan Electrical and Lighting Co Ltd (200541) has a Tangible Net Worth Ratio of 96.3% as of June 2025. This metric is calculated by deducting intangible assets (HK$383.72 Million) from net assets (HK$10.35 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 Foshan Electrical and Lighting Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Foshan Electrical and Lighting Co Ltd Tangible Net Worth Ratio (1992–2024)
This chart shows how Foshan Electrical and Lighting Co Ltd's Tangible Net Worth Ratio has changed across 33 annual periods from 1992 to 2024. As of June 2025, the ratio stands at 96.3%, reflecting net assets of HK$10.35 Billion with intangible assets of HK$383.72 Million HKD. See 200541 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Foshan Electrical and Lighting Co Ltd (1992–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Foshan Electrical and Lighting Co Ltd from 1992 to 2024, covering 33 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 Foshan Electrical and Lighting Co Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (HKD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.2% | HK$10.17 Billion | HK$388.59 Million | HK$17.16 Billion | ▲ +0.6 pp |
| 2023 | 95.6% | HK$9.77 Billion | HK$434.55 Million | HK$16.93 Billion | ▼ -0.5 pp |
| 2022 | 96.0% | HK$8.60 Billion | HK$340.17 Million | HK$15.29 Billion | ▲ +0.4 pp |
| 2021 | 95.7% | HK$6.28 Billion | HK$271.67 Million | HK$9.70 Billion | ▼ -1.6 pp |
| 2020 | 97.3% | HK$6.31 Billion | HK$170.69 Million | HK$8.52 Billion | ▲ +0.7 pp |
| 2019 | 96.6% | HK$4.91 Billion | HK$167.83 Million | HK$6.18 Billion | ▲ +0.6 pp |
| 2018 | 96.0% | HK$4.34 Billion | HK$172.73 Million | HK$5.59 Billion | ▼ -0.7 pp |
| 2017 | 96.8% | HK$4.80 Billion | HK$155.54 Million | HK$5.68 Billion | ▼ 0.0 pp |
| 2016 | 96.8% | HK$5.01 Billion | HK$160.33 Million | HK$6.10 Billion | ▲ +0.0 pp |
| 2015 | 96.8% | HK$5.06 Billion | HK$163.89 Million | HK$6.05 Billion | ▲ +2.8 pp |
| 2014 | 94.0% | HK$3.09 Billion | HK$187.11 Million | HK$3.74 Billion | ▼ -0.1 pp |
| 2013 | 94.1% | HK$2.93 Billion | HK$173.23 Million | HK$3.37 Billion | ▼ -0.9 pp |
| 2012 | 95.0% | HK$3.00 Billion | HK$150.42 Million | HK$3.45 Billion | ▲ +2.7 pp |
| 2011 | 92.3% | HK$2.84 Billion | HK$218.64 Million | HK$3.16 Billion | ▲ +0.1 pp |
| 2010 | 92.2% | HK$2.81 Billion | HK$220.61 Million | HK$3.13 Billion | ▲ +0.6 pp |
| 2009 | 91.6% | HK$2.71 Billion | HK$228.06 Million | HK$3.00 Billion | ▼ -1.2 pp |
| 2008 | 92.7% | HK$2.63 Billion | HK$191.50 Million | HK$2.83 Billion | ▼ -2.5 pp |
| 2007 | 95.2% | HK$3.02 Billion | HK$144.04 Million | HK$3.39 Billion | ▼ -0.9 pp |
| 2006 | 96.1% | HK$2.39 Billion | HK$93.22 Million | HK$2.66 Billion | ▲ +0.2 pp |
| 2005 | 95.9% | HK$2.33 Billion | HK$95.45 Million | HK$2.56 Billion | ▲ +0.2 pp |
| 2004 | 95.7% | HK$2.26 Billion | HK$97.67 Million | HK$2.52 Billion | ▲ +0.2 pp |
| 2003 | 95.5% | HK$2.19 Billion | HK$99.68 Million | HK$2.41 Billion | ▲ +0.6 pp |
| 2002 | 94.8% | HK$1.97 Billion | HK$101.88 Million | HK$2.35 Billion | ▲ +0.2 pp |
| 2001 | 94.6% | HK$1.91 Billion | HK$103.37 Million | HK$2.24 Billion | ▼ -0.9 pp |
| 2000 | 95.5% | HK$1.88 Billion | HK$85.07 Million | HK$2.17 Billion | ▼ -1.1 pp |
| 1999 | 96.6% | HK$1.19 Billion | HK$40.41 Million | HK$1.46 Billion | ▲ +0.3 pp |
| 1998 | 96.4% | HK$1.13 Billion | HK$41.31 Million | HK$1.42 Billion | ▲ +0.2 pp |
| 1997 | 96.1% | HK$1.10 Billion | HK$42.52 Million | HK$1.38 Billion | ▼ -2.3 pp |
| 1996 | 98.4% | HK$1.08 Billion | HK$16.73 Million | HK$1.43 Billion | ▲ +0.1 pp |
| 1995 | 98.3% | HK$1.03 Billion | HK$17.41 Million | HK$1.30 Billion | ▲ +0.8 pp |
| 1994 | 97.5% | HK$663.40 Million | HK$16.80 Million | HK$888.18 Million | ▲ +0.6 pp |
| 1993 | 96.9% | HK$536.10 Million | HK$16.84 Million | HK$681.03 Million | ▲ +4.1 pp |
| 1992 | 92.7% | HK$236.13 Million | HK$17.18 Million | HK$403.83 Million | — |