Gome Telecom Equipment Co Ltd (600898) — Tangible Net Worth Ratio

Latest as of September 2023: 64.5%

Gome Telecom Equipment Co Ltd (600898) has a Tangible Net Worth Ratio of 64.5% as of September 2023. This metric is calculated by deducting intangible assets (CN¥18.76 Million) from net assets (CN¥52.79 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 600898 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

64.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥52.79 Million
CNY

Intangible Assets

CN¥18.76 Million
Goodwill, patents, brand value

Total Assets

CN¥315.15 Million
CNY

Gome Telecom Equipment Co Ltd Tangible Net Worth Ratio (2002–2022)

This chart shows how Gome Telecom Equipment Co Ltd's Tangible Net Worth Ratio has changed across 20 annual periods from 2002 to 2022. As of September 2023, the ratio stands at 64.5%, reflecting net assets of CN¥52.79 Million with intangible assets of CN¥18.76 Million CNY. See Gome Telecom Equipment Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Gome Telecom Equipment Co Ltd (2002–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Gome Telecom Equipment Co Ltd from 2002 to 2022, covering 20 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 Gome Telecom Equipment Co Ltd (600898) total market value.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2022 80.6% CN¥104.26 Million CN¥20.26 Million CN¥408.87 Million ▼ -11.6 pp
2021 92.2% CN¥213.63 Million CN¥16.65 Million CN¥619.40 Million ▲ +6.7 pp
2020 85.5% CN¥122.33 Million CN¥17.75 Million CN¥635.77 Million ▲ +47.1 pp
2018 38.4% CN¥239.82 Million CN¥147.84 Million CN¥2.73 Billion ▼ -39.6 pp
2017 77.9% CN¥540.62 Million CN¥119.36 Million CN¥3.08 Billion ▼ -10.4 pp
2016 88.3% CN¥375.77 Million CN¥43.87 Million CN¥2.24 Billion ▼ -11.6 pp
2015 99.9% CN¥367.30 Million CN¥397.75K CN¥696.44 Million ▲ +0.0 pp
2014 99.9% CN¥348.94 Million CN¥503.00K CN¥631.34 Million ▲ +0.0 pp
2013 99.8% CN¥317.09 Million CN¥608.00K CN¥625.26 Million ▲ +0.1 pp
2012 99.8% CN¥289.34 Million CN¥714.00K CN¥583.18 Million ▲ +0.0 pp
2011 99.7% CN¥265.84 Million CN¥685.00K CN¥577.74 Million ▲ +0.1 pp
2010 99.6% CN¥194.96 Million CN¥777.00K CN¥501.59 Million ▲ +0.1 pp
2009 99.5% CN¥174.59 Million CN¥869.00K CN¥494.28 Million ▼ -0.5 pp
2008 100.0% CN¥231.93 Million CN¥0.00 CN¥839.98 Million ▲ +0.0 pp
2007 100.0% CN¥339.05 Million CN¥0.00 CN¥952.97 Million ▲ +0.0 pp
2006 100.0% CN¥343.41 Million CN¥0.00 CN¥1.05 Billion ▲ +0.0 pp
2005 100.0% CN¥342.25 Million CN¥0.00 CN¥1.16 Billion ▲ +0.0 pp
2004 100.0% CN¥318.55 Million CN¥0.00 CN¥810.48 Million ▲ +0.0 pp
2003 100.0% CN¥287.87 Million CN¥0.00 CN¥445.07 Million ▲ +0.0 pp
2002 100.0% CN¥250.79 Million CN¥0.00 CN¥506.31 Million
pp = percentage points