Fujian Expressway Development Co Ltd (600033) — Tangible Net Worth Ratio
Fujian Expressway Development Co Ltd (600033) has a Tangible Net Worth Ratio of 99.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥24.51 Million) from net assets (CN¥15.13 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 Fujian Expressway Development Co Ltd (600033) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Fujian Expressway Development Co Ltd Tangible Net Worth Ratio (1997–2024)
This chart shows how Fujian Expressway Development Co Ltd's Tangible Net Worth Ratio has changed across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 99.8%, reflecting net assets of CN¥15.13 Billion with intangible assets of CN¥24.51 Million CNY. See Fujian Expressway Development Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Fujian Expressway Development Co Ltd (1997–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Fujian Expressway Development Co Ltd from 1997 to 2024, covering 28 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 market value of Fujian Expressway Development Co Ltd.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.8% | CN¥14.16 Billion | CN¥27.29 Million | CN¥17.29 Billion | ▼ 0.0 pp |
| 2023 | 99.9% | CN¥13.58 Billion | CN¥20.12 Million | CN¥16.75 Billion | ▼ -0.1 pp |
| 2022 | 99.9% | CN¥13.18 Billion | CN¥11.99 Million | CN¥16.60 Billion | ▼ -0.1 pp |
| 2021 | 100.0% | CN¥12.86 Billion | CN¥3.75 Million | CN¥16.70 Billion | ▼ 0.0 pp |
| 2020 | 100.0% | CN¥12.23 Billion | CN¥4.95K | CN¥16.18 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | CN¥11.73 Billion | CN¥5.85K | CN¥17.17 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | CN¥11.06 Billion | CN¥6.75K | CN¥17.30 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | CN¥10.55 Billion | CN¥7.65K | CN¥17.64 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | CN¥10.21 Billion | CN¥8.55K | CN¥17.96 Billion | ▼ 0.0 pp |
| 2015 | 100.0% | CN¥9.82 Billion | CN¥0.00 | CN¥18.32 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | CN¥9.54 Billion | CN¥0.00 | CN¥18.69 Billion | ▲ +0.7 pp |
| 2013 | 99.3% | CN¥9.18 Billion | CN¥62.02 Million | CN¥19.15 Billion | ▲ +0.0 pp |
| 2012 | 99.3% | CN¥8.88 Billion | CN¥62.02 Million | CN¥19.71 Billion | ▼ -0.7 pp |
| 2011 | 100.0% | CN¥8.64 Billion | CN¥0.00 | CN¥19.75 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | CN¥8.47 Billion | CN¥203.67K | CN¥17.50 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | CN¥7.93 Billion | CN¥425.83K | CN¥12.01 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | CN¥5.07 Billion | CN¥647.98K | CN¥9.43 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | CN¥4.50 Billion | CN¥870.14K | CN¥6.29 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | CN¥4.24 Billion | CN¥1.18 Million | CN¥5.49 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | CN¥4.08 Billion | CN¥1.31 Million | CN¥5.51 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | CN¥4.22 Billion | CN¥1.54 Million | CN¥5.59 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | CN¥3.92 Billion | CN¥1.76 Million | CN¥5.63 Billion | ▼ -0.2 pp |
| 2002 | 100.2% | CN¥3.89 Billion | CN¥-6.59 Million | CN¥5.56 Billion | ▲ +0.4 pp |
| 2001 | 99.8% | CN¥3.65 Billion | CN¥6.64 Million | CN¥5.91 Billion | ▼ -0.2 pp |
| 2000 | 100.0% | CN¥910.33 Million | CN¥0.00 | CN¥2.24 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | CN¥775.15 Million | CN¥0.00 | CN¥2.15 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | CN¥777.32 Million | CN¥0.00 | CN¥2.09 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | CN¥740.49 Million | CN¥0.00 | CN¥1.88 Billion | — |