China Southern Power Grid Technology Co Ltd (688248) — Tangible Net Worth Ratio
China Southern Power Grid Technology Co Ltd (688248) has a Tangible Net Worth Ratio of 96.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥123.51 Million) from net assets (CN¥3.36 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 688248 book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
China Southern Power Grid Technology Co Ltd Tangible Net Worth Ratio (2018–2025)
This chart shows how China Southern Power Grid Technology Co Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 96.3%, reflecting net assets of CN¥3.36 Billion with intangible assets of CN¥123.51 Million CNY. Also explore 688248 net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for China Southern Power Grid Technology Co Ltd (2018–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for China Southern Power Grid Technology Co Ltd from 2018 to 2025, covering 8 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 China Southern Power Grid Technology Co (688248) total market value.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.1% | CN¥3.30 Billion | CN¥127.93 Million | CN¥5.13 Billion | ▲ +0.2 pp |
| 2024 | 96.0% | CN¥3.03 Billion | CN¥122.26 Million | CN¥4.71 Billion | ▼ -0.6 pp |
| 2023 | 96.6% | CN¥2.82 Billion | CN¥97.25 Million | CN¥4.62 Billion | ▼ -1.8 pp |
| 2022 | 98.4% | CN¥2.59 Billion | CN¥41.61 Million | CN¥3.70 Billion | ▼ -0.3 pp |
| 2021 | 98.7% | CN¥2.43 Billion | CN¥31.45 Million | CN¥3.16 Billion | ▲ +0.8 pp |
| 2020 | 97.9% | CN¥1.36 Billion | CN¥28.04 Million | CN¥1.97 Billion | ▲ +1.6 pp |
| 2019 | 96.4% | CN¥501.30 Million | CN¥18.19 Million | CN¥879.06 Million | ▲ +8.7 pp |
| 2018 | 87.6% | CN¥138.05 Million | CN¥17.08 Million | CN¥392.75 Million | — |