Shuifa Energas Gas Co Ltd (603318) — Tangible Net Worth Ratio
Shuifa Energas Gas Co Ltd (603318) has a Tangible Net Worth Ratio of 35.2% as of September 2025. This metric is calculated by deducting intangible assets (CN¥1.19 Billion) from net assets (CN¥1.83 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 603318 book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shuifa Energas Gas Co Ltd Tangible Net Worth Ratio (2011–2024)
This chart shows how Shuifa Energas Gas Co Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 35.2%, reflecting net assets of CN¥1.83 Billion with intangible assets of CN¥1.19 Billion CNY. Also explore net asset growth rate of Shuifa Energas Gas Co Ltd to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Shuifa Energas Gas Co Ltd (2011–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shuifa Energas Gas Co Ltd from 2011 to 2024, covering 14 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 market value of Shuifa Energas Gas Co Ltd.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 95.9% | CN¥1.84 Billion | CN¥75.69 Million | CN¥4.22 Billion | ▼ -0.3 pp |
| 2023 | 96.1% | CN¥1.95 Billion | CN¥75.12 Million | CN¥4.56 Billion | ▲ +0.1 pp |
| 2022 | 96.0% | CN¥1.81 Billion | CN¥71.98 Million | CN¥4.35 Billion | ▼ -2.2 pp |
| 2021 | 98.3% | CN¥1.49 Billion | CN¥25.99 Million | CN¥2.98 Billion | ▲ +0.1 pp |
| 2020 | 98.1% | CN¥1.43 Billion | CN¥26.82 Million | CN¥3.03 Billion | ▲ +0.7 pp |
| 2019 | 97.5% | CN¥904.58 Million | CN¥23.04 Million | CN¥1.65 Billion | ▼ -0.2 pp |
| 2018 | 97.7% | CN¥1.02 Billion | CN¥23.61 Million | CN¥2.12 Billion | ▲ +0.1 pp |
| 2017 | 97.6% | CN¥1.02 Billion | CN¥24.18 Million | CN¥1.82 Billion | ▲ +3.3 pp |
| 2016 | 94.3% | CN¥464.35 Million | CN¥26.35 Million | CN¥1.11 Billion | ▼ -1.5 pp |
| 2015 | 95.8% | CN¥471.14 Million | CN¥19.85 Million | CN¥952.49 Million | ▲ +3.0 pp |
| 2014 | 92.8% | CN¥287.10 Million | CN¥20.63 Million | CN¥657.06 Million | ▲ +0.9 pp |
| 2013 | 91.9% | CN¥257.43 Million | CN¥20.94 Million | CN¥566.32 Million | ▲ +1.8 pp |
| 2012 | 90.1% | CN¥206.97 Million | CN¥20.58 Million | CN¥490.04 Million | ▲ +2.6 pp |
| 2011 | 87.4% | CN¥160.73 Million | CN¥20.20 Million | CN¥321.37 Million | — |