Shang Gong Group Co Ltd B (900924) — Tangible Net Worth Ratio

Latest as of March 2026: 91.3%

Shang Gong Group Co Ltd B (900924) has a Tangible Net Worth Ratio of 91.3% as of March 2026. This metric is calculated by deducting intangible assets ($266.09 Million) from net assets ($3.07 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 Shang Gong Group Co Ltd B (900924) net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

91.3%
Tangible equity / total equity

Net Assets (Equity)

$3.07 Billion
USD

Intangible Assets

$266.09 Million
Goodwill, patents, brand value

Total Assets

$6.58 Billion
USD

Shang Gong Group Co Ltd B Tangible Net Worth Ratio (2000–2025)

This chart shows how Shang Gong Group Co Ltd B's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 91.3%, reflecting net assets of $3.07 Billion with intangible assets of $266.09 Million USD. Also explore Shang Gong Group Co Ltd B (900924) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Shang Gong Group Co Ltd B (2000–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Shang Gong Group Co Ltd B from 2000 to 2025, covering 26 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 900924 stock market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 91.3% $3.12 Billion $272.08 Million $6.81 Billion ▼ -2.1 pp
2024 93.4% $3.18 Billion $209.21 Million $6.33 Billion ▼ -0.8 pp
2023 94.2% $3.58 Billion $206.20 Million $5.90 Billion ▲ +1.7 pp
2022 92.5% $3.45 Billion $257.54 Million $5.84 Billion ▲ +0.4 pp
2021 92.1% $3.33 Billion $263.63 Million $5.44 Billion ▲ +1.9 pp
2020 90.2% $2.65 Billion $261.03 Million $4.68 Billion ▲ +0.5 pp
2019 89.6% $2.59 Billion $269.41 Million $4.47 Billion ▲ +0.6 pp
2018 89.0% $2.51 Billion $276.87 Million $4.14 Billion ▼ -4.2 pp
2017 93.2% $2.46 Billion $166.67 Million $3.70 Billion ▲ +0.8 pp
2016 92.4% $2.21 Billion $167.77 Million $3.51 Billion ▼ -1.4 pp
2015 93.8% $2.05 Billion $127.46 Million $3.15 Billion ▲ +2.7 pp
2014 91.1% $1.64 Billion $146.24 Million $2.73 Billion ▼ -2.9 pp
2013 94.0% $929.79 Million $56.11 Million $2.05 Billion ▼ -5.5 pp
2012 99.5% $864.25 Million $4.51 Million $1.61 Billion ▲ +0.1 pp
2011 99.4% $804.45 Million $4.89 Million $1.53 Billion ▼ -0.3 pp
2010 99.7% $697.14 Million $1.85 Million $1.63 Billion ▲ +2.4 pp
2009 97.4% $589.83 Million $15.60 Million $1.98 Billion ▲ +1.0 pp
2008 96.4% $564.98 Million $20.48 Million $2.04 Billion ▲ +0.3 pp
2007 96.1% $643.68 Million $25.20 Million $2.38 Billion ▲ +25.4 pp
2006 70.7% $690.62 Million $202.59 Million $2.49 Billion ▼ -13.9 pp
2005 84.6% $636.60 Million $98.31 Million $2.44 Billion ▲ +6.3 pp
2004 78.2% $909.44 Million $198.07 Million $1.79 Billion ▼ -17.7 pp
2003 95.9% $884.17 Million $36.14 Million $1.74 Billion ▲ +3.2 pp
2002 92.8% $531.99 Million $38.56 Million $1.35 Billion ▲ +0.7 pp
2001 92.0% $519.79 Million $41.46 Million $1.32 Billion ▼ -5.3 pp
2000 97.3% $676.44 Million $18.24 Million $1.32 Billion
pp = percentage points