Guangan (600979) — Tangible Net Worth Ratio

Latest as of March 2026: 92.2%

Guangan (600979) has a Tangible Net Worth Ratio of 92.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥347.93 Million) from net assets (CN¥4.44 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 how liquid is Guangan's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

92.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥4.44 Billion
CNY

Intangible Assets

CN¥347.93 Million
Goodwill, patents, brand value

Total Assets

CN¥13.31 Billion
CNY

Guangan Tangible Net Worth Ratio (2001–2025)

This chart shows how Guangan's Tangible Net Worth Ratio has changed across 25 annual periods from 2001 to 2025. As of March 2026, the ratio stands at 92.2%, reflecting net assets of CN¥4.44 Billion with intangible assets of CN¥347.93 Million CNY. See 600979 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Guangan (2001–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Guangan from 2001 to 2025, covering 25 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 Guangan (600979) total market value.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 92.0% CN¥4.41 Billion CN¥352.03 Million CN¥12.87 Billion ▼ -0.7 pp
2024 92.7% CN¥4.78 Billion CN¥347.05 Million CN¥11.38 Billion ▲ +0.3 pp
2023 92.4% CN¥4.61 Billion CN¥350.74 Million CN¥10.83 Billion ▼ -0.3 pp
2022 92.7% CN¥4.45 Billion CN¥326.26 Million CN¥10.33 Billion ▼ -0.8 pp
2021 93.4% CN¥4.35 Billion CN¥285.63 Million CN¥9.62 Billion ▼ -0.7 pp
2020 94.2% CN¥4.22 Billion CN¥246.25 Million CN¥8.85 Billion ▲ +0.3 pp
2019 93.9% CN¥4.07 Billion CN¥249.13 Million CN¥8.81 Billion ▲ +0.3 pp
2018 93.6% CN¥3.88 Billion CN¥249.53 Million CN¥7.95 Billion ▲ +0.5 pp
2017 93.1% CN¥3.68 Billion CN¥254.30 Million CN¥7.64 Billion ▼ -1.1 pp
2016 94.2% CN¥3.45 Billion CN¥199.38 Million CN¥7.97 Billion ▼ -0.6 pp
2015 94.9% CN¥1.97 Billion CN¥101.40 Million CN¥6.45 Billion ▼ -0.8 pp
2014 95.6% CN¥1.94 Billion CN¥84.27 Million CN¥6.13 Billion ▼ -0.4 pp
2013 96.1% CN¥1.80 Billion CN¥70.63 Million CN¥4.36 Billion ▲ +1.5 pp
2012 94.6% CN¥1.25 Billion CN¥67.29 Million CN¥3.64 Billion ▲ +0.3 pp
2011 94.3% CN¥1.20 Billion CN¥67.84 Million CN¥3.22 Billion ▲ +0.1 pp
2010 94.2% CN¥1.15 Billion CN¥66.26 Million CN¥3.10 Billion ▲ +6.3 pp
2009 87.9% CN¥494.40 Million CN¥59.71 Million CN¥1.44 Billion ▲ +1.5 pp
2008 86.4% CN¥446.75 Million CN¥60.69 Million CN¥1.37 Billion ▼ -3.7 pp
2007 90.1% CN¥396.36 Million CN¥39.20 Million CN¥1.28 Billion ▼ -1.6 pp
2006 91.7% CN¥484.58 Million CN¥40.28 Million CN¥1.16 Billion ▼ -3.4 pp
2005 95.1% CN¥475.45 Million CN¥23.44 Million CN¥1.08 Billion ▲ +1.2 pp
2004 93.8% CN¥399.25 Million CN¥24.62 Million CN¥1.07 Billion ▲ +9.6 pp
2003 84.2% CN¥152.72 Million CN¥24.11 Million CN¥390.07 Million ▲ +3.0 pp
2002 81.2% CN¥129.78 Million CN¥24.38 Million CN¥351.27 Million ▼ -3.4 pp
2001 84.6% CN¥102.15 Million CN¥15.72 Million CN¥352.95 Million
pp = percentage points