Anhui Province Natural Gas Development Co Ltd (603689) — Tangible Net Worth Ratio
Anhui Province Natural Gas Development Co Ltd (603689) has a Tangible Net Worth Ratio of 90.7% as of September 2025. This metric is calculated by deducting intangible assets (CN¥369.42 Million) from net assets (CN¥3.96 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 working capital to net assets of Anhui Province Natural Gas Development C to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Anhui Province Natural Gas Development Co Ltd Tangible Net Worth Ratio (2011–2024)
This chart shows how Anhui Province Natural Gas Development 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 90.7%, reflecting net assets of CN¥3.96 Billion with intangible assets of CN¥369.42 Million CNY. See how many days can Anhui Province Natural Gas Development C fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Anhui Province Natural Gas Development Co Ltd (2011–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Anhui Province Natural Gas Development 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 Anhui Province Natural Gas Development C (603689) total market value.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 90.5% | CN¥3.89 Billion | CN¥369.55 Million | CN¥7.45 Billion | ▼ 0.0 pp |
| 2023 | 90.5% | CN¥3.55 Billion | CN¥335.94 Million | CN¥7.00 Billion | ▼ -3.9 pp |
| 2022 | 94.4% | CN¥3.05 Billion | CN¥170.54 Million | CN¥6.01 Billion | ▲ +0.1 pp |
| 2021 | 94.4% | CN¥2.84 Billion | CN¥159.91 Million | CN¥5.17 Billion | ▲ +0.8 pp |
| 2020 | 93.6% | CN¥2.64 Billion | CN¥168.81 Million | CN¥3.69 Billion | ▲ +0.4 pp |
| 2019 | 93.2% | CN¥2.46 Billion | CN¥168.32 Million | CN¥3.41 Billion | ▲ +0.4 pp |
| 2018 | 92.8% | CN¥2.27 Billion | CN¥163.50 Million | CN¥3.16 Billion | ▲ +0.7 pp |
| 2017 | 92.1% | CN¥2.12 Billion | CN¥167.62 Million | CN¥3.10 Billion | ▲ +3.2 pp |
| 2016 | 88.9% | CN¥1.39 Billion | CN¥154.19 Million | CN¥2.77 Billion | ▼ -1.9 pp |
| 2015 | 90.8% | CN¥1.30 Billion | CN¥119.39 Million | CN¥2.61 Billion | ▼ -1.3 pp |
| 2014 | 92.1% | CN¥1.04 Billion | CN¥82.14 Million | CN¥2.08 Billion | ▼ -0.7 pp |
| 2013 | 92.9% | CN¥844.11 Million | CN¥60.17 Million | CN¥1.51 Billion | ▼ -4.5 pp |
| 2012 | 97.3% | CN¥759.40 Million | CN¥20.25 Million | CN¥1.25 Billion | ▲ +0.2 pp |
| 2011 | 97.2% | CN¥329.56 Million | CN¥9.29 Million | CN¥945.54 Million | — |