China CYTS Tours Holding Co Ltd (600138) — Tangible Net Worth Ratio

Latest as of September 2025: 87.7%

China CYTS Tours Holding Co Ltd (600138) has a Tangible Net Worth Ratio of 87.7% as of September 2025. This metric is calculated by deducting intangible assets (CN¥1.06 Billion) from net assets (CN¥8.59 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 how liquid is China CYTS Tours Holding Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

87.7%
Tangible equity / total equity

Net Assets (Equity)

CN¥8.59 Billion
CNY

Intangible Assets

CN¥1.06 Billion
Goodwill, patents, brand value

Total Assets

CN¥17.82 Billion
CNY

China CYTS Tours Holding Co Ltd Tangible Net Worth Ratio (1994–2024)

This chart shows how China CYTS Tours Holding Co Ltd's Tangible Net Worth Ratio has changed across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 87.7%, reflecting net assets of CN¥8.59 Billion with intangible assets of CN¥1.06 Billion CNY. See 600138 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for China CYTS Tours Holding Co Ltd (1994–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for China CYTS Tours Holding Co Ltd from 1994 to 2024, covering 31 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 China CYTS Tours Holding Co Ltd market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 87.3% CN¥8.49 Billion CN¥1.08 Billion CN¥17.69 Billion ▲ +1.2 pp
2023 86.1% CN¥8.35 Billion CN¥1.16 Billion CN¥17.29 Billion ▲ +0.9 pp
2022 85.3% CN¥8.10 Billion CN¥1.19 Billion CN¥17.56 Billion ▼ -0.5 pp
2021 85.8% CN¥8.62 Billion CN¥1.23 Billion CN¥17.45 Billion ▼ -0.8 pp
2020 86.5% CN¥8.57 Billion CN¥1.15 Billion CN¥17.06 Billion ▲ +0.1 pp
2019 86.4% CN¥8.95 Billion CN¥1.21 Billion CN¥16.44 Billion ▼ -4.2 pp
2018 90.6% CN¥8.16 Billion CN¥765.77 Million CN¥14.59 Billion ▲ +1.1 pp
2017 89.5% CN¥7.49 Billion CN¥787.16 Million CN¥13.02 Billion ▲ +0.4 pp
2016 89.1% CN¥6.71 Billion CN¥729.13 Million CN¥10.95 Billion ▼ -0.7 pp
2015 89.8% CN¥6.00 Billion CN¥609.17 Million CN¥9.55 Billion ▲ +1.0 pp
2014 88.8% CN¥5.63 Billion CN¥629.93 Million CN¥8.88 Billion ▲ +5.2 pp
2013 83.6% CN¥4.05 Billion CN¥663.73 Million CN¥8.26 Billion ▼ -4.9 pp
2012 88.5% CN¥4.36 Billion CN¥501.44 Million CN¥7.78 Billion ▲ +7.4 pp
2011 81.1% CN¥4.20 Billion CN¥795.13 Million CN¥8.53 Billion ▼ -3.4 pp
2010 84.5% CN¥3.23 Billion CN¥502.23 Million CN¥7.60 Billion ▲ +0.5 pp
2009 84.0% CN¥3.07 Billion CN¥492.86 Million CN¥5.65 Billion ▲ +4.3 pp
2008 79.7% CN¥2.56 Billion CN¥520.65 Million CN¥4.63 Billion ▲ +1.3 pp
2007 78.4% CN¥2.42 Billion CN¥522.50 Million CN¥4.58 Billion ▼ -21.6 pp
2006 100.0% CN¥1.48 Billion CN¥400.67K CN¥3.24 Billion ▲ +2.6 pp
2005 97.4% CN¥1.55 Billion CN¥40.47 Million CN¥3.04 Billion ▼ -0.2 pp
2004 97.6% CN¥1.39 Billion CN¥33.17 Million CN¥1.84 Billion ▼ -1.8 pp
2003 99.5% CN¥1.30 Billion CN¥7.10 Million CN¥1.71 Billion ▲ +0.0 pp
2002 99.4% CN¥1.25 Billion CN¥7.42 Million CN¥1.83 Billion ▲ +0.1 pp
2001 99.3% CN¥1.19 Billion CN¥7.87 Million CN¥1.74 Billion ▼ -0.2 pp
2000 99.5% CN¥1.06 Billion CN¥4.79 Million CN¥1.66 Billion ▲ +0.2 pp
1999 99.3% CN¥686.01 Million CN¥4.64 Million CN¥1.13 Billion ▲ +6.3 pp
1998 93.0% CN¥665.67 Million CN¥46.72 Million CN¥877.67 Million ▼ -3.2 pp
1997 96.2% CN¥580.82 Million CN¥22.00 Million CN¥789.06 Million ▼ -3.8 pp
1996 100.0% CN¥108.70 Million CN¥0.00 CN¥328.55 Million ▲ +0.0 pp
1995 100.0% CN¥95.14 Million CN¥0.00 CN¥293.25 Million ▲ +0.0 pp
1994 100.0% CN¥83.18 Million CN¥0.00 CN¥274.63 Million
pp = percentage points