Luoyang Glass (600876) — Tangible Net Worth Ratio
Luoyang Glass (600876) has a Tangible Net Worth Ratio of 69.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥997.60 Million) from net assets (CN¥3.24 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 Luoyang Glass short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Luoyang Glass Tangible Net Worth Ratio (1995–2025)
This chart shows how Luoyang Glass's Tangible Net Worth Ratio has changed across 29 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 69.2%, reflecting net assets of CN¥3.24 Billion with intangible assets of CN¥997.60 Million CNY. See Luoyang Glass defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Luoyang Glass (1995–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Luoyang Glass from 1995 to 2025, covering 29 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 value of Luoyang Glass.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 72.7% | CN¥3.63 Billion | CN¥991.99 Million | CN¥13.61 Billion | ▼ -9.7 pp |
| 2024 | 82.4% | CN¥4.37 Billion | CN¥770.52 Million | CN¥12.31 Billion | ▼ -2.6 pp |
| 2023 | 85.0% | CN¥5.05 Billion | CN¥760.01 Million | CN¥12.43 Billion | ▲ +0.3 pp |
| 2022 | 84.6% | CN¥4.61 Billion | CN¥708.82 Million | CN¥10.57 Billion | ▼ -0.3 pp |
| 2021 | 84.9% | CN¥4.35 Billion | CN¥657.23 Million | CN¥9.27 Billion | ▲ +7.6 pp |
| 2020 | 77.3% | CN¥1.80 Billion | CN¥407.02 Million | CN¥5.60 Billion | ▲ +5.6 pp |
| 2019 | 71.8% | CN¥1.41 Billion | CN¥399.43 Million | CN¥5.24 Billion | ▼ -0.6 pp |
| 2018 | 72.4% | CN¥1.35 Billion | CN¥371.44 Million | CN¥4.50 Billion | ▼ -18.8 pp |
| 2017 | 91.2% | CN¥1.33 Billion | CN¥117.44 Million | CN¥3.98 Billion | ▲ +3.1 pp |
| 2016 | 88.0% | CN¥523.27 Million | CN¥62.61 Million | CN¥1.36 Billion | ▲ +11.2 pp |
| 2015 | 76.8% | CN¥278.35 Million | CN¥64.52 Million | CN¥1.31 Billion | ▲ +47.9 pp |
| 2012 | 29.0% | CN¥70.64 Million | CN¥50.18 Million | CN¥1.30 Billion | ▼ -4.1 pp |
| 2011 | 33.0% | CN¥78.71 Million | CN¥52.70 Million | CN¥1.42 Billion | ▲ +16.1 pp |
| 2010 | 16.9% | CN¥94.19 Million | CN¥78.23 Million | CN¥1.44 Billion | ▲ +63.4 pp |
| 2009 | -46.4% | CN¥38.55 Million | CN¥56.45 Million | CN¥1.49 Billion | ▼ -123.6 pp |
| 2008 | 77.1% | CN¥259.88 Million | CN¥59.40 Million | CN¥2.00 Billion | ▲ +15.6 pp |
| 2007 | 61.5% | CN¥294.44 Million | CN¥113.29 Million | CN¥2.04 Billion | ▼ -1.6 pp |
| 2006 | 63.2% | CN¥372.32 Million | CN¥137.17 Million | CN¥2.19 Billion | ▼ -20.1 pp |
| 2005 | 83.3% | CN¥1.06 Billion | CN¥178.16 Million | CN¥2.60 Billion | ▼ -0.1 pp |
| 2004 | 83.4% | CN¥1.03 Billion | CN¥171.49 Million | CN¥2.18 Billion | ▲ +1.8 pp |
| 2003 | 81.6% | CN¥956.09 Million | CN¥175.81 Million | CN¥2.32 Billion | ▼ -7.9 pp |
| 2002 | 89.5% | CN¥1.28 Billion | CN¥134.56 Million | CN¥2.84 Billion | ▼ -2.3 pp |
| 2001 | 91.8% | CN¥1.67 Billion | CN¥137.14 Million | CN¥3.12 Billion | ▲ +0.1 pp |
| 2000 | 91.7% | CN¥1.60 Billion | CN¥132.98 Million | CN¥2.89 Billion | ▲ +0.7 pp |
| 1999 | 91.0% | CN¥1.51 Billion | CN¥135.95 Million | CN¥2.88 Billion | ▲ +3.2 pp |
| 1998 | 87.8% | CN¥1.44 Billion | CN¥175.19 Million | CN¥3.07 Billion | ▼ -2.5 pp |
| 1997 | 90.3% | CN¥1.88 Billion | CN¥181.57 Million | CN¥3.51 Billion | ▼ -3.0 pp |
| 1996 | 93.4% | CN¥2.17 Billion | CN¥144.25 Million | CN¥3.24 Billion | ▲ +0.0 pp |
| 1995 | 93.3% | CN¥2.16 Billion | CN¥143.75 Million | CN¥2.97 Billion | — |