Tongqinglou Dining Co Ltd (605108) — Tangible Net Worth Ratio
Tongqinglou Dining Co Ltd (605108) has a Tangible Net Worth Ratio of 71.9% as of June 2025. This metric is calculated by deducting intangible assets (CN¥647.86 Million) from net assets (CN¥2.31 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 Tongqinglou Dining Co Ltd 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
Tongqinglou Dining Co Ltd Tangible Net Worth Ratio (2019–2024)
This chart shows how Tongqinglou Dining Co Ltd's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 71.9%, reflecting net assets of CN¥2.31 Billion with intangible assets of CN¥647.86 Million CNY. See 605108 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Tongqinglou Dining Co Ltd (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Tongqinglou Dining Co Ltd from 2019 to 2024, covering 6 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 605108 company net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 70.8% | CN¥2.23 Billion | CN¥651.57 Million | CN¥5.37 Billion | ▼ -15.5 pp |
| 2023 | 86.4% | CN¥2.24 Billion | CN¥305.40 Million | CN¥3.98 Billion | ▼ -3.3 pp |
| 2022 | 89.7% | CN¥1.99 Billion | CN¥205.24 Million | CN¥2.90 Billion | ▼ -2.9 pp |
| 2021 | 92.5% | CN¥1.97 Billion | CN¥146.59 Million | CN¥2.84 Billion | ▲ +0.7 pp |
| 2020 | 91.8% | CN¥1.84 Billion | CN¥150.25 Million | CN¥2.63 Billion | ▲ +7.6 pp |
| 2019 | 84.2% | CN¥985.55 Million | CN¥155.27 Million | CN¥1.33 Billion | — |