PCCW LTD ADR/10 HD-25 (TH3C) — Tangible Net Worth Ratio
PCCW LTD ADR/10 HD-25 (TH3C) has a Tangible Net Worth Ratio of -259.4% as of December 2025. This metric is calculated by deducting intangible assets (€24.46 Billion) from net assets (€6.81 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 PCCW LTD ADR/10 HD-25 (TH3C) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
PCCW LTD ADR/10 HD-25 Tangible Net Worth Ratio (2021–2025)
This chart shows how PCCW LTD ADR/10 HD-25's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at -259.4%, reflecting net assets of €6.81 Billion with intangible assets of €24.46 Billion EUR. For live market cap and overall valuation, see market value of PCCW LTD ADR/10 HD-25.
Annual Tangible Net Worth Ratio for PCCW LTD ADR/10 HD-25 (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for PCCW LTD ADR/10 HD-25 from 2021 to 2025, covering 5 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 PCCW LTD ADR/10 HD-25 capex to cash flow 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) |
|---|---|---|---|---|---|
| 2025 | -259.4% | €6.81 Billion | €24.46 Billion | €105.41 Billion | ▼ -169.0 pp |
| 2024 | -90.4% | €11.51 Billion | €21.93 Billion | €98.76 Billion | ▲ +18.7 pp |
| 2023 | -109.1% | €9.70 Billion | €20.29 Billion | €94.56 Billion | ▼ -65.4 pp |
| 2022 | -43.7% | €12.77 Billion | €18.34 Billion | €95.06 Billion | ▼ -23.7 pp |
| 2021 | -20.0% | €15.48 Billion | €18.57 Billion | €94.22 Billion | — |