Henan Lantian Gas Co Ltd (605368) — Tangible Net Worth Ratio

Latest as of September 2025: 74.8%

Henan Lantian Gas Co Ltd (605368) has a Tangible Net Worth Ratio of 74.8% as of September 2025. This metric is calculated by deducting intangible assets (CN¥838.38 Million) from net assets (CN¥3.33 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 605368 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

74.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥3.33 Billion
CNY

Intangible Assets

CN¥838.38 Million
Goodwill, patents, brand value

Total Assets

CN¥5.89 Billion
CNY

Henan Lantian Gas Co Ltd Tangible Net Worth Ratio (2008–2024)

This chart shows how Henan Lantian Gas Co Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 74.8%, reflecting net assets of CN¥3.33 Billion with intangible assets of CN¥838.38 Million CNY. See Henan Lantian Gas Co Ltd (605368) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Henan Lantian Gas Co Ltd (2008–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Henan Lantian Gas Co Ltd from 2008 to 2024, covering 15 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 Henan Lantian Gas Co Ltd market cap and net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 76.3% CN¥3.68 Billion CN¥870.76 Million CN¥6.22 Billion ▼ -0.2 pp
2023 76.6% CN¥3.90 Billion CN¥913.77 Million CN¥6.72 Billion ▲ +2.3 pp
2022 74.3% CN¥3.71 Billion CN¥952.15 Million CN¥6.25 Billion ▼ -18.2 pp
2021 92.5% CN¥2.91 Billion CN¥216.98 Million CN¥5.15 Billion ▲ +4.7 pp
2020 87.9% CN¥1.85 Billion CN¥224.75 Million CN¥3.71 Billion ▲ +1.3 pp
2019 86.6% CN¥1.71 Billion CN¥229.27 Million CN¥3.74 Billion ▲ +0.9 pp
2018 85.7% CN¥1.54 Billion CN¥219.85 Million CN¥3.41 Billion ▲ +1.3 pp
2017 84.5% CN¥1.36 Billion CN¥211.20 Million CN¥3.19 Billion ▲ +0.9 pp
2016 83.5% CN¥1.26 Billion CN¥207.11 Million CN¥3.01 Billion ▲ +3.1 pp
2015 80.4% CN¥1.24 Billion CN¥242.06 Million CN¥2.97 Billion ▼ -16.6 pp
2014 97.0% CN¥923.76 Million CN¥27.53 Million CN¥2.36 Billion ▼ -0.3 pp
2013 97.3% CN¥791.33 Million CN¥21.31 Million CN¥1.92 Billion ▲ +0.3 pp
2010 97.0% CN¥464.66 Million CN¥14.06 Million CN¥1.20 Billion ▼ -1.7 pp
2009 98.7% CN¥394.52 Million CN¥5.23 Million CN¥1.11 Billion ▼ -0.3 pp
2008 99.0% CN¥257.13 Million CN¥2.69 Million CN¥805.69 Million
pp = percentage points