Hubei Chutian Expressway Co Ltd (600035) — Tangible Net Worth Ratio

Latest as of September 2025: -44.8%

Hubei Chutian Expressway Co Ltd (600035) has a Tangible Net Worth Ratio of -44.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥15.39 Billion) from net assets (CN¥10.63 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 Hubei Chutian Expressway Co Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-44.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥10.63 Billion
CNY

Intangible Assets

CN¥15.39 Billion
Goodwill, patents, brand value

Total Assets

CN¥21.89 Billion
CNY

Hubei Chutian Expressway Co Ltd Tangible Net Worth Ratio (2001–2024)

This chart shows how Hubei Chutian Expressway Co Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at -44.8%, reflecting net assets of CN¥10.63 Billion with intangible assets of CN¥15.39 Billion CNY. See Hubei Chutian Expressway Co Ltd (600035) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Hubei Chutian Expressway Co Ltd (2001–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Hubei Chutian Expressway Co Ltd from 2001 to 2024, covering 24 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 cap of Hubei Chutian Expressway Co Ltd.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 -46.2% CN¥10.13 Billion CN¥14.81 Billion CN¥20.61 Billion ▲ +9.0 pp
2023 -55.2% CN¥9.53 Billion CN¥14.79 Billion CN¥19.55 Billion ▲ +13.3 pp
2022 -68.5% CN¥8.44 Billion CN¥14.22 Billion CN¥18.04 Billion ▲ +16.6 pp
2021 -85.1% CN¥7.92 Billion CN¥14.67 Billion CN¥17.55 Billion ▼ -5.8 pp
2020 -79.3% CN¥7.25 Billion CN¥13.00 Billion CN¥15.81 Billion ▼ -72.9 pp
2019 -6.4% CN¥6.56 Billion CN¥6.97 Billion CN¥13.39 Billion ▲ +7.7 pp
2018 -14.1% CN¥6.23 Billion CN¥7.11 Billion CN¥10.90 Billion ▲ +7.7 pp
2017 -21.8% CN¥6.03 Billion CN¥7.34 Billion CN¥10.63 Billion ▲ +49.0 pp
2016 -70.8% CN¥4.34 Billion CN¥7.42 Billion CN¥8.89 Billion ▲ +14.7 pp
2015 -85.6% CN¥4.09 Billion CN¥7.59 Billion CN¥8.90 Billion ▲ +14.0 pp
2014 -99.6% CN¥3.75 Billion CN¥7.48 Billion CN¥9.01 Billion ▼ -15.7 pp
2013 -83.9% CN¥3.94 Billion CN¥7.25 Billion CN¥13.10 Billion ▼ -43.5 pp
2012 -40.5% CN¥3.75 Billion CN¥5.27 Billion CN¥11.81 Billion ▲ +11.1 pp
2011 -51.6% CN¥3.57 Billion CN¥5.41 Billion CN¥9.53 Billion ▼ -151.4 pp
2010 99.8% CN¥3.18 Billion CN¥5.66 Million CN¥6.01 Billion ▲ +0.0 pp
2009 99.8% CN¥2.67 Billion CN¥5.78 Million CN¥3.74 Billion ▲ +0.0 pp
2008 99.8% CN¥2.49 Billion CN¥5.91 Million CN¥2.98 Billion ▼ -0.2 pp
2007 100.0% CN¥2.33 Billion CN¥102.59K CN¥2.94 Billion ▲ +0.0 pp
2006 100.0% CN¥2.18 Billion CN¥107.04K CN¥3.09 Billion ▲ +0.0 pp
2005 100.0% CN¥2.14 Billion CN¥111.48K CN¥3.12 Billion ▲ +0.0 pp
2004 100.0% CN¥2.10 Billion CN¥115.92K CN¥2.30 Billion ▼ 0.0 pp
2003 100.0% CN¥1.18 Billion CN¥0.00 CN¥1.42 Billion ▲ +0.0 pp
2002 100.0% CN¥1.07 Billion CN¥0.00 CN¥1.39 Billion ▲ +0.0 pp
2001 100.0% CN¥1.06 Billion CN¥0.00 CN¥1.29 Billion
pp = percentage points