Tsingtao Brewery Company Limited (TSI) — Tangible Net Worth Ratio
Tsingtao Brewery Company Limited (TSI) has a Tangible Net Worth Ratio of 92.0% as of June 2026. This metric is calculated by deducting intangible assets (€2.59 Billion) from net assets (€32.23 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. Also explore TSI year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tsingtao Brewery Company Limited Tangible Net Worth Ratio (2013–2025)
This chart shows how Tsingtao Brewery Company Limited's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of June 2026, the ratio stands at 92.0%, reflecting net assets of €32.23 Billion with intangible assets of €2.59 Billion EUR. For live market cap and overall valuation, see TSI market cap overview.
Annual Tangible Net Worth Ratio for Tsingtao Brewery Company Limited (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Tsingtao Brewery Company 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. Explore Tsingtao Brewery Company Limited capital spending 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 | 91.8% | €31.51 Billion | €2.60 Billion | €52.13 Billion | ▲ +0.8 pp |
| 2024 | 91.0% | €29.86 Billion | €2.68 Billion | €51.42 Billion | ▼ -0.2 pp |
| 2023 | 91.2% | €28.25 Billion | €2.49 Billion | €49.26 Billion | ▲ +0.9 pp |
| 2022 | 90.3% | €26.27 Billion | €2.56 Billion | €50.31 Billion | ▲ +0.7 pp |
| 2021 | 89.6% | €23.79 Billion | €2.48 Billion | €46.56 Billion | ▲ +1.3 pp |
| 2020 | 88.3% | €21.37 Billion | €2.50 Billion | €41.51 Billion | ▲ +1.1 pp |
| 2019 | 87.2% | €19.91 Billion | €2.56 Billion | €37.31 Billion | ▲ +1.1 pp |
| 2018 | 86.1% | €18.69 Billion | €2.60 Billion | €34.08 Billion | ▲ +1.7 pp |
| 2017 | 84.4% | €17.77 Billion | €2.78 Billion | €30.97 Billion | ▲ +2.0 pp |
| 2016 | 82.4% | €16.88 Billion | €2.97 Billion | €30.08 Billion | ▼ -0.9 pp |
| 2015 | 83.3% | €16.17 Billion | €2.71 Billion | €28.50 Billion | ▲ +1.4 pp |
| 2014 | 81.8% | €15.29 Billion | €2.78 Billion | €27.00 Billion | ▲ +0.1 pp |
| 2013 | 81.7% | €13.87 Billion | €2.53 Billion | €27.36 Billion | — |