Changbai Mountain Tourism Co Ltd (603099) — Tangible Net Worth Ratio

Latest as of March 2026: 89.4%

Changbai Mountain Tourism Co Ltd (603099) has a Tangible Net Worth Ratio of 89.4% as of March 2026. This metric is calculated by deducting intangible assets (CN¥161.69 Million) from net assets (CN¥1.53 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 Changbai Mountain Tourism Co Ltd net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

89.4%
Tangible equity / total equity

Net Assets (Equity)

CN¥1.53 Billion
CNY

Intangible Assets

CN¥161.69 Million
Goodwill, patents, brand value

Total Assets

CN¥1.82 Billion
CNY

Changbai Mountain Tourism Co Ltd Tangible Net Worth Ratio (2009–2025)

This chart shows how Changbai Mountain Tourism Co Ltd's Tangible Net Worth Ratio has changed across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at 89.4%, reflecting net assets of CN¥1.53 Billion with intangible assets of CN¥161.69 Million CNY. Also explore net asset growth rate of Changbai Mountain Tourism Co Ltd to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Changbai Mountain Tourism Co Ltd (2009–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Changbai Mountain Tourism Co Ltd from 2009 to 2025, covering 17 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 603099 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 89.3% CN¥1.52 Billion CN¥162.76 Million CN¥1.84 Billion ▲ +3.8 pp
2024 85.5% CN¥1.16 Billion CN¥168.51 Million CN¥1.45 Billion ▲ +2.2 pp
2023 83.3% CN¥1.04 Billion CN¥173.69 Million CN¥1.23 Billion ▲ +3.0 pp
2022 80.2% CN¥906.20 Million CN¥179.08 Million CN¥1.07 Billion ▼ -1.2 pp
2021 81.4% CN¥965.63 Million CN¥179.46 Million CN¥1.11 Billion ▼ -0.3 pp
2020 81.7% CN¥1.02 Billion CN¥186.23 Million CN¥1.21 Billion ▼ -0.6 pp
2019 82.3% CN¥1.08 Billion CN¥192.04 Million CN¥1.32 Billion ▲ +1.8 pp
2018 80.4% CN¥1.01 Billion CN¥197.84 Million CN¥1.27 Billion ▼ -9.5 pp
2017 89.9% CN¥950.25 Million CN¥96.07 Million CN¥1.12 Billion ▲ +0.9 pp
2016 89.0% CN¥901.19 Million CN¥98.85 Million CN¥1.12 Billion ▼ -0.1 pp
2015 89.2% CN¥859.89 Million CN¥93.12 Million CN¥905.42 Million ▼ -0.2 pp
2014 89.4% CN¥786.57 Million CN¥83.61 Million CN¥835.04 Million ▲ +8.4 pp
2013 81.0% CN¥437.97 Million CN¥83.25 Million CN¥479.15 Million ▲ +3.0 pp
2012 78.0% CN¥383.38 Million CN¥84.42 Million CN¥431.98 Million ▲ +5.9 pp
2011 72.1% CN¥306.95 Million CN¥85.73 Million CN¥378.15 Million ▼ -26.9 pp
2010 98.9% CN¥274.55 Million CN¥2.94 Million CN¥292.86 Million ▲ +0.2 pp
2009 98.7% CN¥231.37 Million CN¥3.02 Million CN¥245.31 Million
pp = percentage points