China Oilfield Services Limited (CO9) — Tangible Net Worth Ratio
China Oilfield Services Limited (CO9) has a Tangible Net Worth Ratio of 98.9% as of March 2026. This metric is calculated by deducting intangible assets (€530.23 Million) from net assets (€48.14 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 China Oilfield Services Limited's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
China Oilfield Services Limited Tangible Net Worth Ratio (2013–2025)
This chart shows how China Oilfield Services Limited's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 98.9%, reflecting net assets of €48.14 Billion with intangible assets of €530.23 Million EUR. See how many days can China Oilfield Services Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for China Oilfield Services Limited (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for China Oilfield Services 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 CO9 company net worth.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.8% | €47.15 Billion | €548.72 Million | €84.46 Billion | ▲ +0.2 pp |
| 2024 | 98.7% | €44.42 Billion | €593.95 Million | €82.95 Billion | ▲ +0.1 pp |
| 2023 | 98.6% | €42.26 Billion | €602.61 Million | €83.25 Billion | ▲ +0.3 pp |
| 2022 | 98.3% | €39.90 Billion | €687.93 Million | €77.18 Billion | ▼ -0.2 pp |
| 2021 | 98.5% | €38.22 Billion | €575.35 Million | €73.31 Billion | ▼ -0.1 pp |
| 2020 | 98.6% | €38.69 Billion | €535.63 Million | €75.94 Billion | ▲ +0.1 pp |
| 2019 | 98.5% | €36.91 Billion | €556.48 Million | €76.10 Billion | ▼ -0.3 pp |
| 2018 | 98.8% | €34.68 Billion | €430.32 Million | €74.69 Billion | ▲ +0.0 pp |
| 2017 | 98.7% | €34.68 Billion | €443.23 Million | €73.86 Billion | ▼ -0.1 pp |
| 2016 | 98.8% | €35.30 Billion | €428.14 Million | €80.54 Billion | ▼ -0.2 pp |
| 2015 | 99.0% | €46.83 Billion | €470.72 Million | €93.53 Billion | ▼ -0.2 pp |
| 2014 | 99.2% | €47.32 Billion | €385.09 Million | €86.87 Billion | ▲ +0.2 pp |
| 2013 | 98.9% | €37.26 Billion | €394.33 Million | €79.26 Billion | — |