Angang Steel Co Ltd Class A (000898) — Tangible Net Worth Ratio

Latest as of March 2026: 85.6%

Angang Steel Co Ltd Class A (000898) has a Tangible Net Worth Ratio of 85.6% as of March 2026. This metric is calculated by deducting intangible assets (CN¥6.26 Billion) from net assets (CN¥43.59 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 000898 net assets growth trend to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

85.6%
Tangible equity / total equity

Net Assets (Equity)

CN¥43.59 Billion
CNY

Intangible Assets

CN¥6.26 Billion
Goodwill, patents, brand value

Total Assets

CN¥94.53 Billion
CNY

Angang Steel Co Ltd Class A Tangible Net Worth Ratio (1994–2025)

This chart shows how Angang Steel Co Ltd Class A's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 85.6%, reflecting net assets of CN¥43.59 Billion with intangible assets of CN¥6.26 Billion CNY. For live market cap and overall valuation, see 000898 stock market capitalisation.

Annual Tangible Net Worth Ratio for Angang Steel Co Ltd Class A (1994–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Angang Steel Co Ltd Class A from 1994 to 2025, 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. Explore reinvestment intensity of Angang Steel Co Ltd Class A to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 85.9% CN¥44.98 Billion CN¥6.35 Billion CN¥96.05 Billion ▼ -0.3 pp
2024 86.2% CN¥48.67 Billion CN¥6.71 Billion CN¥100.58 Billion ▼ -1.4 pp
2023 87.6% CN¥55.60 Billion CN¥6.90 Billion CN¥97.51 Billion ▼ -1.2 pp
2022 88.8% CN¥58.66 Billion CN¥6.55 Billion CN¥96.99 Billion ▼ -0.7 pp
2021 89.5% CN¥61.24 Billion CN¥6.43 Billion CN¥98.65 Billion ▲ +0.6 pp
2020 88.9% CN¥53.86 Billion CN¥5.99 Billion CN¥88.05 Billion ▲ +0.6 pp
2019 88.3% CN¥52.55 Billion CN¥6.16 Billion CN¥87.81 Billion ▲ +0.3 pp
2018 88.0% CN¥52.47 Billion CN¥6.32 Billion CN¥90.02 Billion ▲ +0.2 pp
2017 87.7% CN¥52.71 Billion CN¥6.46 Billion CN¥94.89 Billion ▲ +0.4 pp
2016 87.3% CN¥45.29 Billion CN¥5.75 Billion CN¥88.37 Billion ▲ +1.2 pp
2015 86.1% CN¥43.68 Billion CN¥6.09 Billion CN¥88.60 Billion ▼ -1.0 pp
2014 87.1% CN¥48.20 Billion CN¥6.23 Billion CN¥91.29 Billion ▲ +0.1 pp
2013 86.9% CN¥47.09 Billion CN¥6.15 Billion CN¥92.86 Billion ▲ +0.7 pp
2012 86.2% CN¥49.03 Billion CN¥6.76 Billion CN¥103.34 Billion ▼ -0.7 pp
2011 87.0% CN¥52.30 Billion CN¥6.82 Billion CN¥102.99 Billion ▼ -0.5 pp
2010 87.4% CN¥55.34 Billion CN¥6.97 Billion CN¥105.11 Billion ▲ +0.5 pp
2009 86.9% CN¥53.80 Billion CN¥7.06 Billion CN¥100.99 Billion ▼ -0.4 pp
2008 87.3% CN¥53.11 Billion CN¥6.76 Billion CN¥92.18 Billion ▼ -2.5 pp
2007 89.7% CN¥54.26 Billion CN¥5.58 Billion CN¥86.78 Billion ▲ +8.6 pp
2006 81.1% CN¥30.12 Billion CN¥5.68 Billion CN¥58.38 Billion ▼ -15.9 pp
2005 97.1% CN¥11.33 Billion CN¥334.00 Million CN¥14.29 Billion ▲ +0.5 pp
2004 96.6% CN¥10.13 Billion CN¥345.07 Million CN¥15.34 Billion ▲ +0.3 pp
2003 96.3% CN¥8.95 Billion CN¥335.00 Million CN¥15.01 Billion ▲ +0.4 pp
2002 95.9% CN¥7.81 Billion CN¥323.86 Million CN¥12.43 Billion ▲ +0.4 pp
2001 95.5% CN¥7.20 Billion CN¥325.77 Million CN¥10.24 Billion ▲ +0.3 pp
2000 95.2% CN¥6.90 Billion CN¥332.61 Million CN¥9.45 Billion ▲ +2.9 pp
1999 92.3% CN¥5.43 Billion CN¥420.04 Million CN¥6.97 Billion ▼ -0.3 pp
1998 92.5% CN¥5.14 Billion CN¥383.62 Million CN¥6.38 Billion ▼ -0.7 pp
1997 93.3% CN¥5.09 Billion CN¥342.54 Million CN¥6.30 Billion ▲ +10.5 pp
1996 82.8% CN¥2.03 Billion CN¥349.53 Million CN¥3.42 Billion ▼ -17.2 pp
1995 100.0% CN¥1.46 Billion CN¥0.00 CN¥2.70 Billion ▲ +0.0 pp
1994 100.0% CN¥1.42 Billion CN¥0.00 CN¥2.37 Billion
pp = percentage points