Air China Limited (AD2) — Tangible Net Worth Ratio
Air China Limited (AD2) has a Tangible Net Worth Ratio of 84.2% as of December 2025. This metric is calculated by deducting intangible assets (€6.19 Billion) from net assets (€39.23 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 Air China Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Air China Limited Tangible Net Worth Ratio (2013–2025)
This chart shows how Air China Limited's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 84.2%, reflecting net assets of €39.23 Billion with intangible assets of €6.19 Billion EUR. See Air China Limited (AD2) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Air China Limited (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Air China Limited from 2013 to 2025, covering 13 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 AD2 market cap overview.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 84.2% | €39.23 Billion | €6.19 Billion | €343.05 Billion | ▼ -1.3 pp |
| 2024 | 85.5% | €40.95 Billion | €5.94 Billion | €345.77 Billion | ▲ +2.0 pp |
| 2023 | 83.5% | €35.29 Billion | €5.82 Billion | €335.30 Billion | ▲ +3.5 pp |
| 2022 | 80.1% | €21.56 Billion | €4.30 Billion | €295.01 Billion | ▼ -14.6 pp |
| 2021 | 94.6% | €65.87 Billion | €3.54 Billion | €298.42 Billion | ▼ -1.1 pp |
| 2020 | 95.7% | €83.81 Billion | €3.60 Billion | €284.07 Billion | ▼ -0.6 pp |
| 2019 | 96.3% | €101.38 Billion | €3.72 Billion | €294.25 Billion | ▲ +0.1 pp |
| 2018 | 96.3% | €100.56 Billion | €3.76 Billion | €243.72 Billion | ▲ +0.9 pp |
| 2017 | 95.4% | €94.93 Billion | €4.40 Billion | €235.72 Billion | ▲ +0.9 pp |
| 2016 | 94.4% | €76.47 Billion | €4.25 Billion | €224.13 Billion | ▲ +0.7 pp |
| 2015 | 93.7% | €66.60 Billion | €4.17 Billion | €213.70 Billion | ▼ -0.3 pp |
| 2014 | 94.0% | €60.24 Billion | €3.62 Billion | €212.00 Billion | ▼ -1.1 pp |
| 2013 | 95.1% | €57.94 Billion | €2.86 Billion | €205.36 Billion | — |