CMST Development Co Ltd (600787) — Tangible Net Worth Ratio

Latest as of March 2026: 88.1%

CMST Development Co Ltd (600787) has a Tangible Net Worth Ratio of 88.1% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.79 Billion) from net assets (CN¥15.03 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 600787 total equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

88.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥15.03 Billion
CNY

Intangible Assets

CN¥1.79 Billion
Goodwill, patents, brand value

Total Assets

CN¥23.76 Billion
CNY

CMST Development Co Ltd Tangible Net Worth Ratio (1995–2025)

This chart shows how CMST Development Co Ltd's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 88.1%, reflecting net assets of CN¥15.03 Billion with intangible assets of CN¥1.79 Billion CNY. Also explore 600787 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for CMST Development Co Ltd (1995–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for CMST Development Co Ltd from 1995 to 2025, 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 600787 company net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 87.9% CN¥14.93 Billion CN¥1.81 Billion CN¥23.76 Billion ▲ +1.6 pp
2024 86.3% CN¥14.82 Billion CN¥2.03 Billion CN¥22.68 Billion ▲ +2.3 pp
2023 84.0% CN¥14.59 Billion CN¥2.34 Billion CN¥22.79 Billion ▲ +1.3 pp
2022 82.7% CN¥14.05 Billion CN¥2.43 Billion CN¥23.97 Billion ▲ +2.1 pp
2021 80.6% CN¥13.23 Billion CN¥2.57 Billion CN¥23.19 Billion ▲ +2.2 pp
2020 78.4% CN¥12.18 Billion CN¥2.63 Billion CN¥21.14 Billion ▲ +1.9 pp
2019 76.5% CN¥11.61 Billion CN¥2.72 Billion CN¥20.35 Billion ▲ +0.8 pp
2018 75.8% CN¥11.43 Billion CN¥2.77 Billion CN¥22.54 Billion ▲ +0.7 pp
2017 75.1% CN¥10.78 Billion CN¥2.68 Billion CN¥18.72 Billion ▲ +2.0 pp
2016 73.1% CN¥9.59 Billion CN¥2.57 Billion CN¥19.74 Billion ▼ -3.3 pp
2015 76.4% CN¥8.72 Billion CN¥2.06 Billion CN¥15.07 Billion ▲ +3.6 pp
2014 72.8% CN¥6.15 Billion CN¥1.68 Billion CN¥12.64 Billion ▼ -0.3 pp
2013 73.1% CN¥5.66 Billion CN¥1.52 Billion CN¥13.88 Billion ▼ -12.3 pp
2012 85.4% CN¥4.53 Billion CN¥662.60 Million CN¥11.83 Billion ▲ +0.4 pp
2011 85.0% CN¥4.28 Billion CN¥643.13 Million CN¥11.09 Billion ▼ -2.0 pp
2010 86.9% CN¥4.12 Billion CN¥537.72 Million CN¥9.36 Billion ▲ +0.2 pp
2009 86.7% CN¥4.17 Billion CN¥552.55 Million CN¥8.43 Billion ▲ +5.3 pp
2008 81.4% CN¥3.01 Billion CN¥558.80 Million CN¥7.96 Billion ▼ -4.7 pp
2007 86.1% CN¥3.97 Billion CN¥552.01 Million CN¥9.04 Billion ▼ -0.6 pp
2006 86.7% CN¥1.62 Billion CN¥215.03 Million CN¥4.58 Billion ▼ -4.9 pp
2005 91.6% CN¥1.56 Billion CN¥131.23 Million CN¥3.63 Billion ▼ -1.1 pp
2004 92.7% CN¥1.10 Billion CN¥80.66 Million CN¥2.32 Billion ▼ -5.6 pp
2003 98.3% CN¥802.46 Million CN¥13.55 Million CN¥1.95 Billion ▲ +0.0 pp
2002 98.3% CN¥768.93 Million CN¥13.25 Million CN¥1.40 Billion ▲ +0.1 pp
2001 98.2% CN¥753.13 Million CN¥13.77 Million CN¥1.17 Billion ▲ +0.2 pp
2000 98.0% CN¥759.66 Million CN¥15.10 Million CN¥942.55 Million ▲ +0.8 pp
1999 97.2% CN¥446.17 Million CN¥12.51 Million CN¥572.65 Million ▲ +0.7 pp
1998 96.5% CN¥312.13 Million CN¥10.96 Million CN¥497.90 Million ▼ -3.0 pp
1997 99.5% CN¥149.42 Million CN¥703.45K CN¥244.34 Million ▲ +0.7 pp
1996 98.8% CN¥60.18 Million CN¥724.77K CN¥175.39 Million ▲ +0.3 pp
1995 98.5% CN¥50.20 Million CN¥746.09K CN¥167.22 Million
pp = percentage points