Wangfujing (600859) — Tangible Net Worth Ratio

Latest as of March 2026: 95.0%

Wangfujing (600859) has a Tangible Net Worth Ratio of 95.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥991.86 Million) from net assets (CN¥20.01 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 working capital to net assets of Wangfujing to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥20.01 Billion
CNY

Intangible Assets

CN¥991.86 Million
Goodwill, patents, brand value

Total Assets

CN¥39.45 Billion
CNY

Wangfujing Tangible Net Worth Ratio (1994–2025)

This chart shows how Wangfujing's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 95.0%, reflecting net assets of CN¥20.01 Billion with intangible assets of CN¥991.86 Million CNY. See how many days can Wangfujing fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Wangfujing (1994–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Wangfujing from 1994 to 2025, covering 32 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 600859 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 95.0% CN¥19.96 Billion CN¥999.40 Million CN¥38.84 Billion ▲ +0.2 pp
2024 94.8% CN¥20.27 Billion CN¥1.05 Billion CN¥41.67 Billion ▲ +0.2 pp
2023 94.7% CN¥20.44 Billion CN¥1.09 Billion CN¥41.12 Billion ▲ +0.4 pp
2022 94.3% CN¥19.94 Billion CN¥1.14 Billion CN¥36.19 Billion ▲ +0.2 pp
2021 94.1% CN¥20.10 Billion CN¥1.19 Billion CN¥39.15 Billion ▲ +1.0 pp
2020 93.1% CN¥12.13 Billion CN¥843.10 Million CN¥22.00 Billion ▲ +0.5 pp
2019 92.6% CN¥12.07 Billion CN¥894.28 Million CN¥24.11 Billion ▲ +0.9 pp
2018 91.7% CN¥11.48 Billion CN¥957.17 Million CN¥21.70 Billion ▲ +0.8 pp
2017 90.8% CN¥10.79 Billion CN¥987.90 Million CN¥20.19 Billion ▲ +0.5 pp
2016 90.4% CN¥10.67 Billion CN¥1.03 Billion CN¥17.79 Billion ▲ +3.2 pp
2015 87.2% CN¥7.39 Billion CN¥944.30 Million CN¥13.95 Billion ▲ +1.0 pp
2014 86.2% CN¥6.89 Billion CN¥949.97 Million CN¥13.75 Billion ▲ +1.8 pp
2013 84.4% CN¥6.27 Billion CN¥978.81 Million CN¥14.04 Billion ▲ +4.2 pp
2012 80.2% CN¥6.13 Billion CN¥1.21 Billion CN¥14.52 Billion ▼ -0.4 pp
2011 80.6% CN¥5.36 Billion CN¥1.04 Billion CN¥10.84 Billion ▲ +9.4 pp
2010 71.2% CN¥3.73 Billion CN¥1.07 Billion CN¥8.31 Billion ▲ +8.8 pp
2009 62.4% CN¥2.94 Billion CN¥1.11 Billion CN¥7.41 Billion ▲ +14.1 pp
2008 48.3% CN¥2.14 Billion CN¥1.11 Billion CN¥6.19 Billion ▼ -41.5 pp
2007 89.8% CN¥3.14 Billion CN¥319.86 Million CN¥6.50 Billion ▲ +6.4 pp
2006 83.4% CN¥1.80 Billion CN¥297.73 Million CN¥4.24 Billion ▼ -8.0 pp
2005 91.5% CN¥1.60 Billion CN¥136.44 Million CN¥3.59 Billion ▲ +0.5 pp
2004 91.0% CN¥1.58 Billion CN¥142.34 Million CN¥3.35 Billion ▼ -0.2 pp
2003 91.2% CN¥1.74 Billion CN¥152.96 Million CN¥3.34 Billion ▲ +0.6 pp
2002 90.7% CN¥1.71 Billion CN¥159.49 Million CN¥3.05 Billion ▲ +0.4 pp
2001 90.3% CN¥1.69 Billion CN¥164.38 Million CN¥3.00 Billion ▼ -2.8 pp
2000 93.1% CN¥1.58 Billion CN¥109.48 Million CN¥2.92 Billion ▼ -4.8 pp
1999 97.8% CN¥1.57 Billion CN¥33.82 Million CN¥2.80 Billion ▲ +0.0 pp
1998 97.8% CN¥1.59 Billion CN¥34.80 Million CN¥2.48 Billion ▲ +0.2 pp
1997 97.6% CN¥1.52 Billion CN¥35.78 Million CN¥2.35 Billion ▲ +1.5 pp
1996 96.2% CN¥960.63 Million CN¥36.75 Million CN¥1.69 Billion ▲ +0.3 pp
1995 95.8% CN¥906.51 Million CN¥37.79 Million CN¥1.24 Billion ▼ -4.2 pp
1994 100.0% CN¥752.85 Million CN¥0.00 CN¥945.83 Million
pp = percentage points