Start Group (600734) — Tangible Net Worth Ratio
Start Group (600734) has a Tangible Net Worth Ratio of 24.4% as of March 2026. This metric is calculated by deducting intangible assets (CN¥179.75 Million) from net assets (CN¥237.91 Million) 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 600734 net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Start Group Tangible Net Worth Ratio (1995–2025)
This chart shows how Start Group's Tangible Net Worth Ratio has changed across 27 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 24.4%, reflecting net assets of CN¥237.91 Million with intangible assets of CN¥179.75 Million CNY. Also explore Start Group annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Start Group (1995–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Start Group from 1995 to 2025, covering 27 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 Start Group market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 48.8% | CN¥252.30 Million | CN¥129.15 Million | CN¥1.13 Billion | ▼ -14.0 pp |
| 2024 | 62.8% | CN¥399.14 Million | CN¥148.30 Million | CN¥1.08 Billion | ▼ -35.4 pp |
| 2023 | 98.2% | CN¥392.26 Million | CN¥6.88 Million | CN¥845.12 Million | ▼ -1.0 pp |
| 2022 | 99.2% | CN¥355.07 Million | CN¥2.79 Million | CN¥927.57 Million | ▼ -0.6 pp |
| 2021 | 99.8% | CN¥455.13 Million | CN¥783.72K | CN¥1.63 Billion | ▲ +2.3 pp |
| 2018 | 97.6% | CN¥2.61 Billion | CN¥63.41 Million | CN¥7.34 Billion | ▼ -0.8 pp |
| 2017 | 98.4% | CN¥2.87 Billion | CN¥47.36 Million | CN¥8.23 Billion | ▲ +0.9 pp |
| 2016 | 97.5% | CN¥2.54 Billion | CN¥64.08 Million | CN¥7.12 Billion | ▼ -2.4 pp |
| 2015 | 99.9% | CN¥258.44 Million | CN¥354.99K | CN¥367.36 Million | ▲ +0.2 pp |
| 2014 | 99.6% | CN¥111.23 Million | CN¥423.29K | CN¥1.58 Billion | ▼ -0.1 pp |
| 2013 | 99.7% | CN¥182.52 Million | CN¥577.03K | CN¥1.20 Billion | ▲ +0.2 pp |
| 2012 | 99.5% | CN¥203.94 Million | CN¥1.02 Million | CN¥1.06 Billion | ▼ -0.1 pp |
| 2011 | 99.6% | CN¥340.62 Million | CN¥1.29 Million | CN¥1.27 Billion | ▲ +0.0 pp |
| 2010 | 99.6% | CN¥423.18 Million | CN¥1.81 Million | CN¥1.93 Billion | ▲ +0.1 pp |
| 2009 | 99.5% | CN¥340.91 Million | CN¥1.78 Million | CN¥1.50 Billion | ▲ +7.0 pp |
| 2008 | 92.5% | CN¥177.63 Million | CN¥13.34 Million | CN¥1.37 Billion | ▼ -0.9 pp |
| 2005 | 93.4% | CN¥214.25 Million | CN¥14.14 Million | CN¥1.21 Billion | ▼ -2.7 pp |
| 2004 | 96.1% | CN¥424.20 Million | CN¥16.55 Million | CN¥1.74 Billion | ▼ -1.2 pp |
| 2003 | 97.3% | CN¥634.23 Million | CN¥17.13 Million | CN¥2.14 Billion | ▲ +0.1 pp |
| 2002 | 97.2% | CN¥627.10 Million | CN¥17.72 Million | CN¥2.07 Billion | ▼ -0.1 pp |
| 2001 | 97.3% | CN¥604.98 Million | CN¥16.31 Million | CN¥1.68 Billion | ▲ +0.2 pp |
| 2000 | 97.1% | CN¥574.70 Million | CN¥16.85 Million | CN¥1.78 Billion | ▼ -0.9 pp |
| 1999 | 98.0% | CN¥865.48 Million | CN¥17.39 Million | CN¥1.92 Billion | ▲ +0.3 pp |
| 1998 | 97.7% | CN¥782.51 Million | CN¥17.93 Million | CN¥1.56 Billion | ▲ +0.4 pp |
| 1997 | 97.3% | CN¥715.32 Million | CN¥19.18 Million | CN¥1.45 Billion | ▲ +1.1 pp |
| 1996 | 96.2% | CN¥473.18 Million | CN¥18.01 Million | CN¥896.11 Million | ▲ +7.3 pp |
| 1995 | 88.9% | CN¥147.64 Million | CN¥16.45 Million | CN¥419.75 Million | — |