China Railway Group Limited (CNO) — Tangible Net Worth Ratio
China Railway Group Limited (CNO) has a Tangible Net Worth Ratio of 50.5% as of June 2025. This metric is calculated by deducting intangible assets (€257.66 Billion) from net assets (€520.84 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. Also explore China Railway Group Limited equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
China Railway Group Limited Tangible Net Worth Ratio (2013–2024)
This chart shows how China Railway Group Limited's Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of June 2025, the ratio stands at 50.5%, reflecting net assets of €520.84 Billion with intangible assets of €257.66 Billion EUR. For live market cap and overall valuation, see China Railway Group Limited market cap and net worth.
Annual Tangible Net Worth Ratio for China Railway Group Limited (2013–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for China Railway Group Limited from 2013 to 2024, covering 12 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. Explore China Railway Group Limited (CNO) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 50.6% | €510.14 Billion | €251.89 Billion | €2.26 Trillion | ▼ -6.2 pp |
| 2023 | 56.8% | €459.90 Billion | €198.63 Billion | €1.83 Trillion | ▼ -2.9 pp |
| 2022 | 59.7% | €423.06 Billion | €170.31 Billion | €1.61 Trillion | ▼ -5.1 pp |
| 2021 | 64.9% | €358.34 Billion | €125.83 Billion | €1.36 Trillion | ▼ -10.3 pp |
| 2020 | 75.2% | €313.19 Billion | €77.68 Billion | €1.20 Trillion | ▼ -8.5 pp |
| 2019 | 83.7% | €245.47 Billion | €39.95 Billion | €1.06 Trillion | ▲ +10.8 pp |
| 2018 | 72.9% | €222.14 Billion | €60.23 Billion | €942.68 Billion | ▲ +2.8 pp |
| 2017 | 70.1% | €169.72 Billion | €50.77 Billion | €844.08 Billion | ▲ +4.8 pp |
| 2016 | 65.3% | €149.16 Billion | €51.76 Billion | €754.51 Billion | ▲ +1.8 pp |
| 2015 | 63.5% | €139.40 Billion | €50.84 Billion | €713.67 Billion | ▲ +7.7 pp |
| 2014 | 55.8% | €109.06 Billion | €48.20 Billion | €683.05 Billion | ▲ +1.5 pp |
| 2013 | 54.3% | €96.80 Billion | €44.28 Billion | €628.20 Billion | — |