Bright Real Estate Group Co Ltd (600708) — Tangible Net Worth Ratio

Latest as of September 2025: 95.7%

Bright Real Estate Group Co Ltd (600708) has a Tangible Net Worth Ratio of 95.7% as of September 2025. This metric is calculated by deducting intangible assets (CN¥405.91 Million) from net assets (CN¥9.55 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 600708 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.7%
Tangible equity / total equity

Net Assets (Equity)

CN¥9.55 Billion
CNY

Intangible Assets

CN¥405.91 Million
Goodwill, patents, brand value

Total Assets

CN¥57.70 Billion
CNY

Bright Real Estate Group Co Ltd Tangible Net Worth Ratio (1994–2024)

This chart shows how Bright Real Estate Group 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 95.7%, reflecting net assets of CN¥9.55 Billion with intangible assets of CN¥405.91 Million CNY. See 600708 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Bright Real Estate Group Co Ltd (1994–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Bright Real Estate Group 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 600708 company net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 96.0% CN¥10.34 Billion CN¥410.88 Million CN¥59.56 Billion ▲ +1.1 pp
2023 94.9% CN¥11.52 Billion CN¥583.13 Million CN¥63.70 Billion ▼ -0.2 pp
2022 95.1% CN¥11.75 Billion CN¥575.02 Million CN¥67.50 Billion ▼ -0.8 pp
2021 95.9% CN¥13.77 Billion CN¥564.72 Million CN¥75.22 Billion ▼ -0.9 pp
2020 96.8% CN¥14.62 Billion CN¥464.17 Million CN¥88.22 Billion ▼ -1.7 pp
2019 98.6% CN¥15.19 Billion CN¥220.28 Million CN¥85.83 Billion ▲ +0.3 pp
2018 98.2% CN¥13.12 Billion CN¥233.51 Million CN¥74.43 Billion ▲ +0.4 pp
2017 97.8% CN¥10.88 Billion CN¥240.40 Million CN¥54.15 Billion ▲ +0.4 pp
2016 97.4% CN¥9.43 Billion CN¥245.38 Million CN¥48.52 Billion ▼ -2.2 pp
2015 99.6% CN¥8.41 Billion CN¥35.22 Million CN¥49.92 Billion ▲ +79.0 pp
2014 20.6% CN¥1.94 Billion CN¥1.54 Billion CN¥5.56 Billion ▲ +8.7 pp
2013 12.0% CN¥1.75 Billion CN¥1.54 Billion CN¥3.94 Billion ▲ +6.8 pp
2012 5.1% CN¥1.59 Billion CN¥1.51 Billion CN¥3.86 Billion ▲ +5.4 pp
2011 -0.2% CN¥1.49 Billion CN¥1.49 Billion CN¥3.87 Billion ▼ -5.9 pp
2010 5.6% CN¥1.43 Billion CN¥1.35 Billion CN¥3.43 Billion ▲ +1.5 pp
2009 4.1% CN¥1.31 Billion CN¥1.26 Billion CN¥3.12 Billion ▼ -5.8 pp
2008 9.8% CN¥1.04 Billion CN¥934.68 Million CN¥2.58 Billion ▼ -32.6 pp
2007 42.5% CN¥1.18 Billion CN¥679.85 Million CN¥2.87 Billion ▼ -8.1 pp
2006 50.5% CN¥1.06 Billion CN¥526.33 Million CN¥2.48 Billion ▲ +10.1 pp
2005 40.4% CN¥936.30 Million CN¥557.71 Million CN¥2.19 Billion ▲ +11.4 pp
2004 29.0% CN¥783.46 Million CN¥556.33 Million CN¥2.06 Billion ▲ +0.0 pp
2003 29.0% CN¥571.39 Million CN¥405.97 Million CN¥1.56 Billion ▼ -18.6 pp
2002 47.5% CN¥453.81 Million CN¥238.20 Million CN¥1.30 Billion ▼ -3.7 pp
2001 51.2% CN¥406.99 Million CN¥198.44 Million CN¥1.24 Billion ▼ -46.8 pp
2000 98.0% CN¥280.84 Million CN¥5.53 Million CN¥1.34 Billion ▼ 0.0 pp
1999 98.1% CN¥252.70 Million CN¥4.87 Million CN¥1.43 Billion ▲ +0.4 pp
1998 97.7% CN¥455.43 Million CN¥10.41 Million CN¥1.72 Billion ▲ +0.2 pp
1997 97.5% CN¥452.44 Million CN¥11.33 Million CN¥1.50 Billion ▲ +1.2 pp
1996 96.3% CN¥431.69 Million CN¥15.86 Million CN¥1.38 Billion ▲ +4.0 pp
1995 92.4% CN¥217.18 Million CN¥16.56 Million CN¥615.32 Million ▼ -5.8 pp
1994 98.2% CN¥184.94 Million CN¥3.40 Million CN¥548.26 Million
pp = percentage points