Shanghai Bailian Group Co Ltd B (900923) — Tangible Net Worth Ratio

Latest as of March 2026: 83.7%

Shanghai Bailian Group Co Ltd B (900923) has a Tangible Net Worth Ratio of 83.7% as of March 2026. This metric is calculated by deducting intangible assets ($3.62 Billion) from net assets ($22.27 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 how liquid is Shanghai Bailian Group Co Ltd B's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

83.7%
Tangible equity / total equity

Net Assets (Equity)

$22.27 Billion
USD

Intangible Assets

$3.62 Billion
Goodwill, patents, brand value

Total Assets

$54.65 Billion
USD

Shanghai Bailian Group Co Ltd B Tangible Net Worth Ratio (2015–2025)

This chart shows how Shanghai Bailian Group Co Ltd B's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 83.7%, reflecting net assets of $22.27 Billion with intangible assets of $3.62 Billion USD. See 900923 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shanghai Bailian Group Co Ltd B (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Bailian Group Co Ltd B from 2015 to 2025, covering 11 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 market value of Shanghai Bailian Group Co Ltd B.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 83.4% $22.05 Billion $3.66 Billion $56.87 Billion ▼ -1.2 pp
2024 84.6% $21.21 Billion $3.27 Billion $56.35 Billion ▲ +1.2 pp
2023 83.4% $19.62 Billion $3.26 Billion $56.27 Billion ▲ +0.2 pp
2022 83.2% $20.05 Billion $3.38 Billion $57.68 Billion ▲ +1.9 pp
2021 81.2% $20.47 Billion $3.85 Billion $57.85 Billion ▼ -0.2 pp
2020 81.4% $21.47 Billion $3.99 Billion $54.15 Billion ▼ -3.0 pp
2019 84.5% $21.93 Billion $3.41 Billion $55.69 Billion ▲ +2.2 pp
2018 82.3% $19.85 Billion $3.52 Billion $45.44 Billion ▲ +0.0 pp
2017 82.2% $20.32 Billion $3.61 Billion $44.67 Billion ▼ -4.0 pp
2016 86.3% $20.03 Billion $2.75 Billion $45.61 Billion ▲ +0.3 pp
2015 86.0% $19.53 Billion $2.74 Billion $43.40 Billion
pp = percentage points