Yantai Changyu Pioneer Wine (200869) — Tangible Net Worth Ratio

Latest as of March 2026: 95.2%

Yantai Changyu Pioneer Wine (200869) has a Tangible Net Worth Ratio of 95.2% as of March 2026. This metric is calculated by deducting intangible assets (HK$509.30 Million) from net assets (HK$10.64 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 Yantai Changyu Pioneer Wine shareholders equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

95.2%
Tangible equity / total equity

Net Assets (Equity)

HK$10.64 Billion
HKD

Intangible Assets

HK$509.30 Million
Goodwill, patents, brand value

Total Assets

HK$12.09 Billion
HKD

Yantai Changyu Pioneer Wine Tangible Net Worth Ratio (1994–2025)

This chart shows how Yantai Changyu Pioneer Wine's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 95.2%, reflecting net assets of HK$10.64 Billion with intangible assets of HK$509.30 Million HKD. Also explore Yantai Changyu Pioneer Wine (200869) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Yantai Changyu Pioneer Wine (1994–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Yantai Changyu Pioneer Wine from 1994 to 2025, covering 32 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 200869 company net worth.

Year Tangible NW Ratio Net Assets (HKD) Intangible Assets Total Assets Change (pp)
2025 95.1% HK$10.50 Billion HK$512.93 Million HK$12.05 Billion ▲ +0.0 pp
2024 95.1% HK$10.77 Billion HK$527.71 Million HK$12.52 Billion ▲ +0.0 pp
2023 95.1% HK$10.99 Billion HK$542.63 Million HK$13.34 Billion ▲ +0.4 pp
2022 94.7% HK$10.83 Billion HK$578.24 Million HK$13.17 Billion ▲ +0.4 pp
2021 94.2% HK$10.69 Billion HK$617.87 Million HK$13.47 Billion ▲ +0.5 pp
2020 93.7% HK$10.50 Billion HK$660.99 Million HK$13.10 Billion ▼ -0.1 pp
2019 93.8% HK$10.58 Billion HK$651.95 Million HK$13.65 Billion ▲ +0.5 pp
2018 93.4% HK$9.89 Billion HK$655.47 Million HK$13.12 Billion ▲ +0.5 pp
2017 92.9% HK$9.18 Billion HK$655.45 Million HK$12.54 Billion ▼ -1.4 pp
2016 94.2% HK$8.40 Billion HK$483.82 Million HK$11.53 Billion ▲ +0.2 pp
2015 94.0% HK$7.76 Billion HK$463.90 Million HK$10.34 Billion ▲ +0.5 pp
2014 93.5% HK$7.00 Billion HK$452.95 Million HK$8.91 Billion ▼ -1.8 pp
2013 95.4% HK$6.37 Billion HK$296.13 Million HK$8.00 Billion ▼ -0.1 pp
2012 95.4% HK$6.06 Billion HK$278.29 Million HK$8.12 Billion ▲ +0.5 pp
2011 94.9% HK$5.15 Billion HK$263.84 Million HK$7.30 Billion ▲ +0.1 pp
2010 94.8% HK$4.00 Billion HK$208.85 Million HK$5.98 Billion ▼ -0.6 pp
2009 95.4% HK$3.17 Billion HK$147.51 Million HK$5.36 Billion ▼ -0.8 pp
2008 96.1% HK$2.63 Billion HK$101.43 Million HK$4.06 Billion ▲ +0.5 pp
2007 95.7% HK$2.31 Billion HK$100.59 Million HK$3.25 Billion ▼ -4.1 pp
2006 99.7% HK$2.06 Billion HK$5.74 Million HK$2.73 Billion ▲ +0.0 pp
2005 99.7% HK$1.89 Billion HK$5.88 Million HK$2.35 Billion ▲ +0.0 pp
2004 99.7% HK$1.78 Billion HK$6.01 Million HK$2.17 Billion ▲ +0.0 pp
2003 99.6% HK$1.59 Billion HK$6.12 Million HK$1.95 Billion ▲ +0.0 pp
2002 99.6% HK$1.44 Billion HK$6.25 Million HK$1.83 Billion ▲ +0.0 pp
2001 99.5% HK$1.36 Billion HK$6.45 Million HK$1.66 Billion ▲ +0.1 pp
2000 99.5% HK$1.25 Billion HK$6.58 Million HK$1.61 Billion ▼ -0.5 pp
1999 100.0% HK$573.10 Million HK$193.92K HK$820.92 Million ▲ +0.0 pp
1998 100.0% HK$514.98 Million HK$218.08K HK$729.22 Million ▼ 0.0 pp
1997 100.0% HK$503.14 Million HK$0.00 HK$753.38 Million ▲ +0.0 pp
1996 100.0% HK$189.26 Million HK$0.00 HK$456.37 Million ▲ +0.0 pp
1995 100.0% HK$91.11 Million HK$0.00 HK$358.38 Million ▲ +0.0 pp
1994 100.0% HK$85.28 Million HK$0.00 HK$292.08 Million
pp = percentage points