Gansu Golden Glass Technologies Co Ltd (300093) — Tangible Net Worth Ratio
Gansu Golden Glass Technologies Co Ltd (300093) has a Tangible Net Worth Ratio of -93.0% as of December 2023. This metric is calculated by deducting intangible assets (CN¥55.62 Million) from net assets (CN¥28.82 Million) 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 working capital to net assets of Gansu Golden Glass Technologies Co Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Gansu Golden Glass Technologies Co Ltd Tangible Net Worth Ratio (2007–2023)
This chart shows how Gansu Golden Glass Technologies Co Ltd's Tangible Net Worth Ratio has changed across 17 annual periods from 2007 to 2023. As of December 2023, the ratio stands at -93.0%, reflecting net assets of CN¥28.82 Million with intangible assets of CN¥55.62 Million CNY. See 300093 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Gansu Golden Glass Technologies Co Ltd (2007–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Gansu Golden Glass Technologies Co Ltd from 2007 to 2023, covering 17 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 300093 company net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -93.0% | CN¥28.82 Million | CN¥55.62 Million | CN¥2.91 Billion | ▼ -110.6 pp |
| 2022 | 17.6% | CN¥69.38 Million | CN¥57.19 Million | CN¥2.44 Billion | ▼ -70.0 pp |
| 2021 | 87.6% | CN¥308.33 Million | CN¥38.19 Million | CN¥1.39 Billion | ▼ -4.6 pp |
| 2020 | 92.2% | CN¥507.06 Million | CN¥39.47 Million | CN¥989.98 Million | ▼ -1.6 pp |
| 2019 | 93.9% | CN¥630.17 Million | CN¥38.74 Million | CN¥1.28 Billion | ▼ -2.7 pp |
| 2018 | 96.5% | CN¥899.94 Million | CN¥31.06 Million | CN¥1.55 Billion | ▲ +0.1 pp |
| 2017 | 96.4% | CN¥895.40 Million | CN¥32.15 Million | CN¥1.54 Billion | ▲ +0.2 pp |
| 2016 | 96.3% | CN¥873.02 Million | CN¥32.66 Million | CN¥1.28 Billion | ▲ +0.1 pp |
| 2015 | 96.2% | CN¥873.43 Million | CN¥33.49 Million | CN¥1.62 Billion | ▼ -0.1 pp |
| 2014 | 96.3% | CN¥874.94 Million | CN¥32.27 Million | CN¥1.60 Billion | ▼ -0.3 pp |
| 2013 | 96.6% | CN¥857.17 Million | CN¥28.85 Million | CN¥1.44 Billion | ▼ -1.5 pp |
| 2012 | 98.1% | CN¥849.83 Million | CN¥15.93 Million | CN¥1.19 Billion | ▲ +0.1 pp |
| 2011 | 98.0% | CN¥827.16 Million | CN¥16.20 Million | CN¥1.05 Billion | ▼ -1.4 pp |
| 2010 | 99.4% | CN¥794.28 Million | CN¥4.56 Million | CN¥981.42 Million | ▲ +1.0 pp |
| 2009 | 98.5% | CN¥284.91 Million | CN¥4.40 Million | CN¥419.94 Million | ▲ +0.3 pp |
| 2008 | 98.2% | CN¥252.11 Million | CN¥4.57 Million | CN¥337.04 Million | ▲ +1.8 pp |
| 2007 | 96.4% | CN¥132.31 Million | CN¥4.74 Million | CN¥293.49 Million | — |