Western Regions Tourism Development (300859) — Tangible Net Worth Ratio
Western Regions Tourism Development (300859) has a Tangible Net Worth Ratio of 85.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥108.47 Million) from net assets (CN¥771.86 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 Western Regions Tourism Development 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
Western Regions Tourism Development Tangible Net Worth Ratio (2016–2025)
This chart shows how Western Regions Tourism Development's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 85.9%, reflecting net assets of CN¥771.86 Million with intangible assets of CN¥108.47 Million CNY. See Western Regions Tourism Development (300859) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Western Regions Tourism Development (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Western Regions Tourism Development from 2016 to 2025, covering 10 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 300859 market cap.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 86.3% | CN¥800.24 Million | CN¥110.02 Million | CN¥1.13 Billion | ▲ +1.3 pp |
| 2024 | 84.9% | CN¥776.89 Million | CN¥116.97 Million | CN¥1.09 Billion | ▲ +1.9 pp |
| 2023 | 83.1% | CN¥729.27 Million | CN¥123.43 Million | CN¥782.26 Million | ▲ +3.6 pp |
| 2022 | 79.5% | CN¥613.26 Million | CN¥125.86 Million | CN¥683.13 Million | ▲ +0.3 pp |
| 2021 | 79.2% | CN¥636.41 Million | CN¥132.64 Million | CN¥733.90 Million | ▼ -2.0 pp |
| 2020 | 81.1% | CN¥609.41 Million | CN¥114.96 Million | CN¥733.90 Million | ▲ +9.8 pp |
| 2019 | 71.3% | CN¥416.35 Million | CN¥119.36 Million | CN¥523.20 Million | ▲ +4.6 pp |
| 2018 | 66.7% | CN¥371.84 Million | CN¥123.75 Million | CN¥499.66 Million | ▲ +5.3 pp |
| 2017 | 61.4% | CN¥332.08 Million | CN¥128.14 Million | CN¥490.20 Million | ▼ -12.3 pp |
| 2016 | 73.7% | CN¥298.09 Million | CN¥78.41 Million | CN¥559.45 Million | — |