Tbea Co Ltd (600089) — Tangible Net Worth Ratio

Latest as of March 2026: 86.2%

Tbea Co Ltd (600089) has a Tangible Net Worth Ratio of 86.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥14.47 Billion) from net assets (CN¥104.83 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 working capital to net assets of Tbea Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

86.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥104.83 Billion
CNY

Intangible Assets

CN¥14.47 Billion
Goodwill, patents, brand value

Total Assets

CN¥241.40 Billion
CNY

Tbea Co Ltd Tangible Net Worth Ratio (1994–2025)

This chart shows how Tbea Co Ltd's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 86.2%, reflecting net assets of CN¥104.83 Billion with intangible assets of CN¥14.47 Billion CNY. See 600089 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Tbea Co Ltd (1994–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Tbea Co Ltd from 1994 to 2025, covering 32 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 Tbea Co Ltd (600089) total market value.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 93.5% CN¥100.85 Billion CN¥6.60 Billion CN¥227.15 Billion ▲ +8.0 pp
2024 85.4% CN¥90.04 Billion CN¥13.10 Billion CN¥207.62 Billion ▼ -8.8 pp
2023 94.3% CN¥87.73 Billion CN¥5.02 Billion CN¥191.90 Billion ▲ +9.0 pp
2022 85.2% CN¥80.16 Billion CN¥11.83 Billion CN¥170.33 Billion ▼ -4.7 pp
2021 90.0% CN¥56.96 Billion CN¥5.72 Billion CN¥126.36 Billion ▲ +0.4 pp
2020 89.6% CN¥46.60 Billion CN¥4.86 Billion CN¥109.49 Billion ▼ -0.3 pp
2019 89.8% CN¥43.03 Billion CN¥4.37 Billion CN¥102.22 Billion ▲ +0.6 pp
2018 89.3% CN¥38.98 Billion CN¥4.19 Billion CN¥92.59 Billion ▼ -1.1 pp
2017 90.4% CN¥34.02 Billion CN¥3.28 Billion CN¥83.60 Billion ▲ +2.8 pp
2016 87.5% CN¥27.42 Billion CN¥3.42 Billion CN¥74.99 Billion ▲ +1.2 pp
2015 86.4% CN¥24.67 Billion CN¥3.36 Billion CN¥70.26 Billion ▲ +3.5 pp
2014 82.8% CN¥21.02 Billion CN¥3.61 Billion CN¥59.29 Billion ▼ -1.9 pp
2013 84.7% CN¥15.95 Billion CN¥2.44 Billion CN¥50.66 Billion ▼ -1.4 pp
2012 86.1% CN¥14.90 Billion CN¥2.07 Billion CN¥42.04 Billion ▼ -0.3 pp
2011 86.4% CN¥14.05 Billion CN¥1.91 Billion CN¥33.61 Billion ▼ -4.4 pp
2010 90.8% CN¥12.66 Billion CN¥1.17 Billion CN¥23.62 Billion ▲ +2.6 pp
2009 88.1% CN¥7.97 Billion CN¥945.96 Million CN¥18.87 Billion ▼ -0.3 pp
2008 88.5% CN¥5.93 Billion CN¥683.93 Million CN¥15.15 Billion ▲ +2.4 pp
2007 86.1% CN¥3.34 Billion CN¥464.13 Million CN¥10.03 Billion ▼ -2.3 pp
2006 88.4% CN¥2.33 Billion CN¥269.68 Million CN¥7.38 Billion ▲ +1.8 pp
2005 86.6% CN¥2.11 Billion CN¥281.24 Million CN¥6.78 Billion ▼ -0.1 pp
2004 86.8% CN¥1.85 Billion CN¥245.40 Million CN¥6.03 Billion ▲ +3.8 pp
2003 82.9% CN¥1.48 Billion CN¥253.16 Million CN¥4.90 Billion ▼ -5.8 pp
2002 88.8% CN¥1.00 Billion CN¥112.47 Million CN¥2.71 Billion ▼ -6.7 pp
2001 95.5% CN¥937.75 Million CN¥42.53 Million CN¥2.22 Billion ▼ -2.6 pp
2000 98.1% CN¥878.52 Million CN¥16.87 Million CN¥1.82 Billion ▲ +0.5 pp
1999 97.6% CN¥566.20 Million CN¥13.75 Million CN¥1.27 Billion ▼ -0.4 pp
1998 97.9% CN¥453.06 Million CN¥9.38 Million CN¥899.87 Million ▼ -0.1 pp
1997 98.0% CN¥247.94 Million CN¥4.99 Million CN¥456.54 Million ▲ +0.9 pp
1996 97.1% CN¥92.58 Million CN¥2.66 Million CN¥173.37 Million ▲ +0.6 pp
1995 96.5% CN¥23.49 Million CN¥820.15K CN¥69.41 Million ▲ +0.3 pp
1994 96.2% CN¥22.13 Million CN¥837.67K CN¥58.12 Million
pp = percentage points