Jiangxi Ganyue Expressway Co Ltd (600269) — Tangible Net Worth Ratio

Latest as of September 2025: 99.5%

Jiangxi Ganyue Expressway Co Ltd (600269) has a Tangible Net Worth Ratio of 99.5% as of September 2025. This metric is calculated by deducting intangible assets (CN¥117.65 Million) from net assets (CN¥21.80 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 Jiangxi Ganyue Expressway Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥21.80 Billion
CNY

Intangible Assets

CN¥117.65 Million
Goodwill, patents, brand value

Total Assets

CN¥38.30 Billion
CNY

Jiangxi Ganyue Expressway Co Ltd Tangible Net Worth Ratio (1997–2024)

This chart shows how Jiangxi Ganyue Expressway Co Ltd's Tangible Net Worth Ratio has changed across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 99.5%, reflecting net assets of CN¥21.80 Billion with intangible assets of CN¥117.65 Million CNY. See how many days can Jiangxi Ganyue Expressway Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Jiangxi Ganyue Expressway Co Ltd (1997–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Jiangxi Ganyue Expressway Co Ltd from 1997 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 market cap of Jiangxi Ganyue Expressway Co Ltd.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 99.4% CN¥20.57 Billion CN¥124.97 Million CN¥37.20 Billion ▲ +0.1 pp
2023 99.3% CN¥19.52 Billion CN¥134.35 Million CN¥35.87 Billion ▲ +0.1 pp
2022 99.2% CN¥18.71 Billion CN¥143.72 Million CN¥34.61 Billion ▲ +0.1 pp
2021 99.2% CN¥18.13 Billion CN¥153.78 Million CN¥35.06 Billion ▼ -0.4 pp
2020 99.5% CN¥17.75 Billion CN¥87.39 Million CN¥35.36 Billion ▲ +0.1 pp
2019 99.4% CN¥17.06 Billion CN¥95.00 Million CN¥35.00 Billion ▲ +0.1 pp
2018 99.4% CN¥16.18 Billion CN¥102.64 Million CN¥32.98 Billion ▲ +0.1 pp
2017 99.3% CN¥16.03 Billion CN¥110.50 Million CN¥34.09 Billion ▲ +0.1 pp
2016 99.2% CN¥15.68 Billion CN¥118.29 Million CN¥32.02 Billion ▲ +0.1 pp
2015 99.1% CN¥14.42 Billion CN¥125.88 Million CN¥31.06 Billion ▲ +0.1 pp
2014 99.0% CN¥14.18 Billion CN¥135.48 Million CN¥30.82 Billion ▼ -0.2 pp
2013 99.3% CN¥13.33 Billion CN¥95.86 Million CN¥28.12 Billion ▲ +0.1 pp
2012 99.2% CN¥13.03 Billion CN¥102.47 Million CN¥25.63 Billion ▲ +0.2 pp
2011 99.0% CN¥10.69 Billion CN¥109.24 Million CN¥23.01 Billion ▲ +0.2 pp
2010 98.8% CN¥9.98 Billion CN¥121.69 Million CN¥18.59 Billion ▲ +0.1 pp
2009 98.7% CN¥9.36 Billion CN¥125.03 Million CN¥14.71 Billion ▲ +0.4 pp
2008 98.3% CN¥7.71 Billion CN¥130.09 Million CN¥12.17 Billion ▲ +0.3 pp
2007 98.0% CN¥6.76 Billion CN¥135.15 Million CN¥11.60 Billion ▲ +0.4 pp
2006 97.6% CN¥5.82 Billion CN¥136.81 Million CN¥11.42 Billion ▲ +1.0 pp
2005 96.6% CN¥4.23 Billion CN¥143.55 Million CN¥6.58 Billion ▼ -0.4 pp
2004 97.0% CN¥4.94 Billion CN¥149.45 Million CN¥6.61 Billion ▲ +0.4 pp
2003 96.6% CN¥4.53 Billion CN¥155.54 Million CN¥6.39 Billion ▲ +1.3 pp
2002 95.2% CN¥3.39 Billion CN¥161.87 Million CN¥4.51 Billion ▲ +1.0 pp
2001 94.2% CN¥2.92 Billion CN¥168.28 Million CN¥4.08 Billion ▲ +0.5 pp
2000 93.8% CN¥2.81 Billion CN¥174.69 Million CN¥3.98 Billion ▲ +2.6 pp
1999 91.2% CN¥1.20 Billion CN¥104.97 Million CN¥1.73 Billion ▲ +0.5 pp
1998 90.7% CN¥1.17 Billion CN¥108.69 Million CN¥1.71 Billion ▼ -2.0 pp
1997 92.8% CN¥917.44 Million CN¥66.47 Million CN¥1.48 Billion
pp = percentage points