Guangxi Nanning Waterworks Co (601368) — Tangible Net Worth Ratio

Latest as of March 2026: 63.2%

Guangxi Nanning Waterworks Co (601368) has a Tangible Net Worth Ratio of 63.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.80 Billion) from net assets (CN¥4.88 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 601368 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

63.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥4.88 Billion
CNY

Intangible Assets

CN¥1.80 Billion
Goodwill, patents, brand value

Total Assets

CN¥26.22 Billion
CNY

Guangxi Nanning Waterworks Co Tangible Net Worth Ratio (2008–2025)

This chart shows how Guangxi Nanning Waterworks Co's Tangible Net Worth Ratio has changed across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 63.2%, reflecting net assets of CN¥4.88 Billion with intangible assets of CN¥1.80 Billion CNY. See 601368 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Guangxi Nanning Waterworks Co (2008–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Guangxi Nanning Waterworks Co from 2008 to 2025, covering 18 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 Guangxi Nanning Waterworks Co market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 67.6% CN¥5.59 Billion CN¥1.81 Billion CN¥25.56 Billion ▼ -0.4 pp
2024 68.0% CN¥4.77 Billion CN¥1.53 Billion CN¥23.41 Billion ▼ -0.3 pp
2023 68.3% CN¥4.68 Billion CN¥1.48 Billion CN¥21.12 Billion ▼ -2.5 pp
2022 70.7% CN¥4.65 Billion CN¥1.36 Billion CN¥19.33 Billion ▼ -5.6 pp
2021 76.3% CN¥4.58 Billion CN¥1.08 Billion CN¥17.08 Billion ▼ -3.5 pp
2020 79.9% CN¥4.36 Billion CN¥879.09 Million CN¥15.13 Billion ▼ -4.9 pp
2019 84.7% CN¥4.20 Billion CN¥640.46 Million CN¥12.61 Billion ▲ +1.9 pp
2018 82.8% CN¥3.24 Billion CN¥557.11 Million CN¥9.30 Billion ▼ -5.4 pp
2017 88.2% CN¥3.07 Billion CN¥360.87 Million CN¥8.13 Billion ▲ +1.4 pp
2016 86.8% CN¥2.80 Billion CN¥368.93 Million CN¥7.54 Billion ▲ +1.5 pp
2015 85.4% CN¥2.58 Billion CN¥377.61 Million CN¥6.91 Billion ▲ +10.4 pp
2014 75.0% CN¥1.51 Billion CN¥379.34 Million CN¥5.89 Billion ▲ +4.0 pp
2013 71.0% CN¥1.33 Billion CN¥386.15 Million CN¥5.33 Billion ▲ +5.2 pp
2012 65.8% CN¥1.16 Billion CN¥397.02 Million CN¥4.72 Billion ▼ -3.0 pp
2011 68.8% CN¥1.01 Billion CN¥315.91 Million CN¥4.28 Billion ▼ -0.5 pp
2010 69.3% CN¥893.33 Million CN¥274.17 Million CN¥3.56 Billion ▼ -29.2 pp
2009 98.5% CN¥779.91 Million CN¥11.45 Million CN¥2.40 Billion ▼ -0.9 pp
2008 99.4% CN¥656.63 Million CN¥3.62 Million CN¥2.44 Billion
pp = percentage points