PetroChina Jinhong Energy Investment Co Ltd (000669) — Tangible Net Worth Ratio

Latest as of September 2025: -239.3%

PetroChina Jinhong Energy Investment Co Ltd (000669) has a Tangible Net Worth Ratio of -239.3% as of September 2025. This metric is calculated by deducting intangible assets (CN¥271.81 Million) from net assets (CN¥80.11 Million) 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 000669 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-239.3%
Tangible equity / total equity

Net Assets (Equity)

CN¥80.11 Million
CNY

Intangible Assets

CN¥271.81 Million
Goodwill, patents, brand value

Total Assets

CN¥2.40 Billion
CNY

PetroChina Jinhong Energy Investment Co Ltd Tangible Net Worth Ratio (1993–2024)

This chart shows how PetroChina Jinhong Energy Investment Co Ltd's Tangible Net Worth Ratio has changed across 32 annual periods from 1993 to 2024. As of September 2025, the ratio stands at -239.3%, reflecting net assets of CN¥80.11 Million with intangible assets of CN¥271.81 Million CNY. See PetroChina Jinhong Energy Investment Co liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for PetroChina Jinhong Energy Investment Co Ltd (1993–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for PetroChina Jinhong Energy Investment Co Ltd from 1993 to 2024, covering 32 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 000669 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 -91.1% CN¥145.53 Million CN¥278.16 Million CN¥2.45 Billion ▼ -112.9 pp
2023 21.8% CN¥366.30 Million CN¥286.61 Million CN¥2.71 Billion ▼ -29.4 pp
2022 51.1% CN¥602.08 Million CN¥294.28 Million CN¥2.90 Billion ▼ -9.7 pp
2021 60.8% CN¥819.37 Million CN¥321.07 Million CN¥3.25 Billion ▼ -16.4 pp
2020 77.2% CN¥1.46 Billion CN¥334.25 Million CN¥4.06 Billion ▲ +13.4 pp
2019 63.8% CN¥1.39 Billion CN¥504.79 Million CN¥9.23 Billion ▼ -14.7 pp
2018 78.5% CN¥2.80 Billion CN¥601.70 Million CN¥11.31 Billion ▼ -8.7 pp
2017 87.3% CN¥4.59 Billion CN¥584.99 Million CN¥13.30 Billion ▼ -5.2 pp
2016 92.5% CN¥4.33 Billion CN¥324.46 Million CN¥12.16 Billion ▼ -1.6 pp
2015 94.1% CN¥4.17 Billion CN¥245.53 Million CN¥9.20 Billion ▼ -1.2 pp
2014 95.3% CN¥4.37 Billion CN¥203.20 Million CN¥9.60 Billion ▲ +3.8 pp
2013 91.6% CN¥2.31 Billion CN¥195.11 Million CN¥5.76 Billion ▼ -3.7 pp
2012 95.2% CN¥1.97 Billion CN¥94.44 Million CN¥4.89 Billion ▼ -4.8 pp
2011 100.0% CN¥148.27 Million CN¥0.00 CN¥200.13 Million ▲ +0.1 pp
2010 99.9% CN¥149.31 Million CN¥102.08K CN¥203.84 Million ▲ +0.1 pp
2009 99.8% CN¥186.58 Million CN¥395.83K CN¥244.97 Million ▲ +6.5 pp
2008 93.3% CN¥186.18 Million CN¥12.45 Million CN¥237.56 Million ▲ +2.8 pp
2007 90.5% CN¥201.69 Million CN¥19.23 Million CN¥344.61 Million ▲ +6.6 pp
2006 83.9% CN¥120.98 Million CN¥19.52 Million CN¥310.66 Million ▲ +1.6 pp
2005 82.2% CN¥108.57 Million CN¥19.27 Million CN¥272.98 Million ▲ +1.5 pp
2004 80.7% CN¥103.47 Million CN¥19.93 Million CN¥260.09 Million ▲ +7.4 pp
2003 73.4% CN¥98.90 Million CN¥26.33 Million CN¥248.17 Million ▼ -1.4 pp
2002 74.8% CN¥78.54 Million CN¥19.78 Million CN¥145.77 Million ▲ +1.8 pp
2001 73.0% CN¥75.11 Million CN¥20.29 Million CN¥143.84 Million ▲ +6.6 pp
2000 66.3% CN¥72.38 Million CN¥24.36 Million CN¥138.76 Million ▲ +0.2 pp
1999 66.1% CN¥62.90 Million CN¥21.31 Million CN¥127.13 Million ▼ -33.9 pp
1998 100.0% CN¥23.35 Million CN¥0.00 CN¥529.61 Million ▲ +0.0 pp
1997 100.0% CN¥88.50 Million CN¥0.00 CN¥662.96 Million ▲ +0.0 pp
1996 100.0% CN¥182.80 Million CN¥0.00 CN¥589.98 Million ▲ +0.1 pp
1995 99.9% CN¥150.65 Million CN¥183.33K CN¥429.91 Million ▲ +0.5 pp
1994 99.3% CN¥90.82 Million CN¥597.94K CN¥378.20 Million ▼ -0.7 pp
1993 100.0% CN¥81.97 Million CN¥0.00 CN¥318.45 Million
pp = percentage points