Chengdu Gas Group Co Ltd (603053) — Tangible Net Worth Ratio

Latest as of March 2026: 91.0%

Chengdu Gas Group Co Ltd (603053) has a Tangible Net Worth Ratio of 91.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥477.90 Million) from net assets (CN¥5.32 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 603053 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

91.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥5.32 Billion
CNY

Intangible Assets

CN¥477.90 Million
Goodwill, patents, brand value

Total Assets

CN¥8.29 Billion
CNY

Chengdu Gas Group Co Ltd Tangible Net Worth Ratio (2015–2025)

This chart shows how Chengdu Gas Group Co Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 91.0%, reflecting net assets of CN¥5.32 Billion with intangible assets of CN¥477.90 Million CNY. See Chengdu Gas Group Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Chengdu Gas Group Co Ltd (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Chengdu Gas Group Co Ltd from 2015 to 2025, covering 11 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 603053 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 90.6% CN¥5.15 Billion CN¥485.10 Million CN¥8.26 Billion ▲ +1.0 pp
2024 89.6% CN¥4.94 Billion CN¥513.80 Million CN¥8.20 Billion ▲ +1.5 pp
2023 88.1% CN¥4.70 Billion CN¥560.94 Million CN¥8.11 Billion ▲ +1.5 pp
2022 86.5% CN¥4.41 Billion CN¥594.39 Million CN¥7.32 Billion ▼ -1.7 pp
2021 88.3% CN¥4.00 Billion CN¥469.70 Million CN¥6.63 Billion ▲ +0.5 pp
2020 87.8% CN¥3.74 Billion CN¥456.15 Million CN¥6.65 Billion ▼ -4.6 pp
2019 92.4% CN¥3.59 Billion CN¥273.72 Million CN¥6.70 Billion ▲ +4.9 pp
2018 87.5% CN¥2.28 Billion CN¥284.95 Million CN¥5.19 Billion ▼ -0.6 pp
2017 88.1% CN¥1.93 Billion CN¥229.14 Million CN¥4.57 Billion ▼ -0.8 pp
2016 89.0% CN¥2.08 Billion CN¥229.36 Million CN¥4.14 Billion ▼ -1.7 pp
2015 90.6% CN¥2.44 Billion CN¥228.59 Million CN¥4.07 Billion
pp = percentage points