Huangshan Tourism Development Co Ltd A (600054) — Tangible Net Worth Ratio
Huangshan Tourism Development Co Ltd A (600054) has a Tangible Net Worth Ratio of 95.7% as of March 2026. This metric is calculated by deducting intangible assets (CN¥213.40 Million) from net assets (CN¥5.00 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 Huangshan Tourism Development Co Ltd A 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
Huangshan Tourism Development Co Ltd A Tangible Net Worth Ratio (1993–2025)
This chart shows how Huangshan Tourism Development Co Ltd A's Tangible Net Worth Ratio has changed across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 95.7%, reflecting net assets of CN¥5.00 Billion with intangible assets of CN¥213.40 Million CNY. See Huangshan Tourism Development Co Ltd A (600054) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Huangshan Tourism Development Co Ltd A (1993–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Huangshan Tourism Development Co Ltd A from 1993 to 2025, covering 33 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 Huangshan Tourism Development Co Ltd A.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.7% | CN¥4.98 Billion | CN¥215.89 Million | CN¥6.11 Billion | ▼ -1.1 pp |
| 2024 | 96.7% | CN¥4.86 Billion | CN¥159.08 Million | CN¥5.73 Billion | ▲ +0.1 pp |
| 2023 | 96.6% | CN¥4.69 Billion | CN¥159.30 Million | CN¥5.65 Billion | ▲ +0.5 pp |
| 2022 | 96.1% | CN¥4.29 Billion | CN¥166.27 Million | CN¥5.21 Billion | ▼ 0.0 pp |
| 2021 | 96.1% | CN¥4.51 Billion | CN¥174.93 Million | CN¥5.15 Billion | ▼ 0.0 pp |
| 2020 | 96.2% | CN¥4.47 Billion | CN¥171.79 Million | CN¥4.89 Billion | ▲ +0.1 pp |
| 2019 | 96.1% | CN¥4.52 Billion | CN¥177.15 Million | CN¥4.97 Billion | ▲ +0.4 pp |
| 2018 | 95.7% | CN¥4.23 Billion | CN¥182.95 Million | CN¥4.70 Billion | ▼ -2.6 pp |
| 2017 | 98.3% | CN¥4.20 Billion | CN¥70.74 Million | CN¥4.78 Billion | ▲ +0.1 pp |
| 2016 | 98.2% | CN¥4.22 Billion | CN¥74.53 Million | CN¥5.15 Billion | ▲ +0.8 pp |
| 2015 | 97.4% | CN¥3.01 Billion | CN¥78.04 Million | CN¥4.04 Billion | ▲ +0.9 pp |
| 2014 | 96.5% | CN¥2.25 Billion | CN¥79.22 Million | CN¥3.43 Billion | ▲ +0.5 pp |
| 2013 | 96.0% | CN¥2.06 Billion | CN¥82.88 Million | CN¥3.36 Billion | ▲ +0.2 pp |
| 2012 | 95.8% | CN¥1.92 Billion | CN¥81.25 Million | CN¥3.38 Billion | ▲ +0.2 pp |
| 2011 | 95.6% | CN¥1.75 Billion | CN¥76.51 Million | CN¥2.99 Billion | ▲ +0.9 pp |
| 2010 | 94.7% | CN¥1.49 Billion | CN¥79.06 Million | CN¥2.38 Billion | ▼ -3.8 pp |
| 2009 | 98.5% | CN¥1.26 Billion | CN¥18.39 Million | CN¥1.88 Billion | ▲ +0.3 pp |
| 2008 | 98.3% | CN¥1.16 Billion | CN¥19.87 Million | CN¥1.69 Billion | ▼ -0.2 pp |
| 2007 | 98.5% | CN¥1.03 Billion | CN¥15.45 Million | CN¥1.54 Billion | ▲ +0.6 pp |
| 2006 | 97.9% | CN¥835.29 Million | CN¥17.18 Million | CN¥1.16 Billion | ▲ +0.2 pp |
| 2005 | 97.8% | CN¥720.64 Million | CN¥16.05 Million | CN¥964.42 Million | ▲ +0.2 pp |
| 2004 | 97.5% | CN¥682.18 Million | CN¥16.72 Million | CN¥909.10 Million | ▲ +0.2 pp |
| 2003 | 97.4% | CN¥694.30 Million | CN¥18.15 Million | CN¥903.26 Million | ▼ 0.0 pp |
| 2002 | 97.4% | CN¥758.14 Million | CN¥19.58 Million | CN¥995.87 Million | ▲ +5.2 pp |
| 2001 | 92.2% | CN¥741.14 Million | CN¥58.01 Million | CN¥1.06 Billion | ▼ -1.0 pp |
| 2000 | 93.2% | CN¥726.85 Million | CN¥49.55 Million | CN¥958.45 Million | ▼ -5.3 pp |
| 1999 | 98.4% | CN¥693.83 Million | CN¥10.84 Million | CN¥823.22 Million | ▲ +0.1 pp |
| 1998 | 98.3% | CN¥650.72 Million | CN¥11.13 Million | CN¥785.74 Million | ▼ -1.3 pp |
| 1997 | 99.6% | CN¥638.15 Million | CN¥2.50 Million | CN¥702.36 Million | ▲ +0.4 pp |
| 1996 | 99.2% | CN¥327.60 Million | CN¥2.57 Million | CN¥432.75 Million | ▼ -0.8 pp |
| 1995 | 100.0% | CN¥78.62 Million | CN¥0.00 | CN¥178.44 Million | ▲ +0.0 pp |
| 1994 | 100.0% | CN¥58.09 Million | CN¥0.00 | CN¥150.06 Million | ▲ +0.0 pp |
| 1993 | 100.0% | CN¥47.71 Million | CN¥0.00 | CN¥100.23 Million | — |