GuangZhou BaiYun Elec Equip Co (603861) — Tangible Net Worth Ratio
GuangZhou BaiYun Elec Equip Co (603861) has a Tangible Net Worth Ratio of 90.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥385.06 Million) from net assets (CN¥4.20 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 GuangZhou BaiYun Elec Equip Co current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
GuangZhou BaiYun Elec Equip Co Tangible Net Worth Ratio (2008–2024)
This chart shows how GuangZhou BaiYun Elec Equip Co's Tangible Net Worth Ratio has changed across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 90.8%, reflecting net assets of CN¥4.20 Billion with intangible assets of CN¥385.06 Million CNY. See 603861 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for GuangZhou BaiYun Elec Equip Co (2008–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for GuangZhou BaiYun Elec Equip Co from 2008 to 2024, 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 GuangZhou BaiYun Elec Equip Co (603861) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 89.4% | CN¥3.70 Billion | CN¥390.32 Million | CN¥10.01 Billion | ▲ +2.3 pp |
| 2023 | 87.2% | CN¥3.10 Billion | CN¥398.40 Million | CN¥8.93 Billion | ▲ +1.0 pp |
| 2022 | 86.2% | CN¥3.01 Billion | CN¥415.23 Million | CN¥8.51 Billion | ▲ +0.1 pp |
| 2021 | 86.1% | CN¥2.99 Billion | CN¥415.78 Million | CN¥8.12 Billion | ▲ +1.1 pp |
| 2020 | 85.0% | CN¥2.88 Billion | CN¥433.68 Million | CN¥7.25 Billion | ▲ +0.1 pp |
| 2019 | 84.9% | CN¥2.79 Billion | CN¥421.13 Million | CN¥6.80 Billion | ▲ +1.8 pp |
| 2018 | 83.1% | CN¥2.55 Billion | CN¥430.51 Million | CN¥5.20 Billion | ▼ -3.5 pp |
| 2017 | 86.6% | CN¥2.07 Billion | CN¥276.49 Million | CN¥3.43 Billion | ▼ -4.8 pp |
| 2016 | 91.4% | CN¥1.90 Billion | CN¥163.26 Million | CN¥2.77 Billion | ▼ -5.0 pp |
| 2015 | 96.4% | CN¥1.36 Billion | CN¥49.06 Million | CN¥2.24 Billion | ▲ +0.5 pp |
| 2014 | 95.9% | CN¥1.22 Billion | CN¥50.14 Million | CN¥2.22 Billion | ▲ +0.4 pp |
| 2013 | 95.5% | CN¥1.12 Billion | CN¥50.11 Million | CN¥2.00 Billion | ▲ +0.6 pp |
| 2012 | 95.0% | CN¥1.02 Billion | CN¥51.58 Million | CN¥1.68 Billion | ▲ +0.6 pp |
| 2011 | 94.4% | CN¥919.70 Million | CN¥51.75 Million | CN¥1.47 Billion | ▲ +0.8 pp |
| 2010 | 93.6% | CN¥826.68 Million | CN¥53.16 Million | CN¥1.34 Billion | ▼ -4.5 pp |
| 2009 | 98.1% | CN¥518.00 Million | CN¥9.89 Million | CN¥1.14 Billion | ▲ +0.2 pp |
| 2008 | 97.9% | CN¥472.22 Million | CN¥10.06 Million | CN¥1.16 Billion | — |