Citic Guoan Wine Co Ltd (600084) — Tangible Net Worth Ratio

Latest as of September 2025: 98.6%

Citic Guoan Wine Co Ltd (600084) has a Tangible Net Worth Ratio of 98.6% as of September 2025. This metric is calculated by deducting intangible assets (CN¥17.59 Million) from net assets (CN¥1.27 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 600084 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

98.6%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.27 Billion
CNY

Intangible Assets

CN¥17.59 Million
Goodwill, patents, brand value

Total Assets

CN¥1.42 Billion
CNY

Citic Guoan Wine Co Ltd Tangible Net Worth Ratio (1994–2024)

This chart shows how Citic Guoan Wine Co Ltd's Tangible Net Worth Ratio has changed across 28 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 98.6%, reflecting net assets of CN¥1.27 Billion with intangible assets of CN¥17.59 Million CNY. See operational self-sufficiency of Citic Guoan Wine Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Citic Guoan Wine Co Ltd (1994–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Citic Guoan Wine Co Ltd from 1994 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 Citic Guoan Wine Co Ltd market cap and net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 98.0% CN¥1.24 Billion CN¥24.22 Million CN¥1.43 Billion ▲ +0.9 pp
2023 97.2% CN¥1.23 Billion CN¥34.53 Million CN¥1.42 Billion ▲ +0.8 pp
2022 96.4% CN¥1.22 Billion CN¥44.35 Million CN¥1.38 Billion ▼ -1.1 pp
2021 97.5% CN¥2.15 Billion CN¥54.35 Million CN¥2.34 Billion ▲ +2.1 pp
2020 95.3% CN¥2.13 Billion CN¥99.47 Million CN¥2.28 Billion ▲ +0.4 pp
2019 95.0% CN¥2.19 Billion CN¥110.29 Million CN¥2.29 Billion ▲ +0.5 pp
2018 94.4% CN¥2.17 Billion CN¥121.23 Million CN¥2.80 Billion ▲ +0.1 pp
2017 94.4% CN¥2.35 Billion CN¥132.78 Million CN¥2.93 Billion ▲ +0.2 pp
2016 94.1% CN¥2.43 Billion CN¥142.77 Million CN¥3.62 Billion ▼ -1.2 pp
2015 95.3% CN¥2.41 Billion CN¥113.30 Million CN¥3.92 Billion ▲ +0.9 pp
2014 94.4% CN¥2.38 Billion CN¥132.74 Million CN¥3.96 Billion ▲ +10.1 pp
2013 84.3% CN¥902.94 Million CN¥141.39 Million CN¥2.99 Billion ▲ +1.3 pp
2012 83.1% CN¥894.14 Million CN¥151.52 Million CN¥2.81 Billion ▲ +5.8 pp
2011 77.3% CN¥880.21 Million CN¥200.09 Million CN¥2.77 Billion ▼ -6.5 pp
2010 83.7% CN¥1.06 Billion CN¥173.36 Million CN¥3.12 Billion ▲ +2.1 pp
2009 81.6% CN¥1.06 Billion CN¥195.53 Million CN¥3.33 Billion ▼ -10.1 pp
2005 91.7% CN¥486.96 Million CN¥40.24 Million CN¥3.81 Billion ▼ -6.2 pp
2004 98.0% CN¥966.71 Million CN¥19.77 Million CN¥5.05 Billion ▼ -0.2 pp
2003 98.1% CN¥924.33 Million CN¥17.39 Million CN¥5.40 Billion ▲ +0.4 pp
2002 97.7% CN¥827.44 Million CN¥18.63 Million CN¥2.48 Billion ▲ +0.3 pp
2001 97.4% CN¥692.15 Million CN¥17.90 Million CN¥1.92 Billion ▼ -2.2 pp
2000 99.6% CN¥645.90 Million CN¥2.62 Million CN¥1.59 Billion ▲ +0.1 pp
1999 99.5% CN¥557.13 Million CN¥2.66 Million CN¥1.04 Billion ▼ -0.5 pp
1998 100.0% CN¥391.08 Million CN¥0.00 CN¥690.27 Million ▲ +0.0 pp
1997 100.0% CN¥339.81 Million CN¥0.00 CN¥524.67 Million ▲ +0.0 pp
1996 100.0% CN¥59.11 Million CN¥0.00 CN¥191.26 Million ▲ +0.0 pp
1995 100.0% CN¥47.83 Million CN¥0.00 CN¥147.28 Million ▲ +0.0 pp
1994 100.0% CN¥35.76 Million CN¥0.00 CN¥103.93 Million
pp = percentage points