BYD Co Ltd Class A (002594) — Tangible Net Worth Ratio

Latest as of March 2026: 81.0%

BYD Co Ltd Class A (002594) has a Tangible Net Worth Ratio of 81.0% as of March 2026. This metric is calculated by deducting intangible assets (CN¥49.67 Billion) from net assets (CN¥262.12 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 002594 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

81.0%
Tangible equity / total equity

Net Assets (Equity)

CN¥262.12 Billion
CNY

Intangible Assets

CN¥49.67 Billion
Goodwill, patents, brand value

Total Assets

CN¥902.08 Billion
CNY

BYD Co Ltd Class A Tangible Net Worth Ratio (2002–2025)

This chart shows how BYD Co Ltd Class A's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 81.0%, reflecting net assets of CN¥262.12 Billion with intangible assets of CN¥49.67 Billion CNY. See how many days can BYD Co Ltd Class A fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for BYD Co Ltd Class A (2002–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for BYD Co Ltd Class A from 2002 to 2025, covering 24 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 market cap of BYD Co Ltd Class A.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 80.2% CN¥239.81 Billion CN¥47.46 Billion CN¥889.93 Billion ▼ -0.2 pp
2024 80.4% CN¥198.69 Billion CN¥38.93 Billion CN¥783.36 Billion ▲ +5.5 pp
2023 74.9% CN¥150.46 Billion CN¥37.78 Billion CN¥679.55 Billion ▼ -4.6 pp
2022 79.5% CN¥121.39 Billion CN¥24.91 Billion CN¥493.86 Billion ▼ -1.6 pp
2021 81.1% CN¥104.24 Billion CN¥19.71 Billion CN¥295.78 Billion ▲ +7.0 pp
2020 74.1% CN¥64.45 Billion CN¥16.69 Billion CN¥201.02 Billion ▲ +3.5 pp
2019 70.6% CN¥62.60 Billion CN¥18.40 Billion CN¥195.64 Billion ▼ -1.9 pp
2018 72.5% CN¥60.69 Billion CN¥16.70 Billion CN¥194.57 Billion ▼ -3.8 pp
2017 76.3% CN¥59.96 Billion CN¥14.20 Billion CN¥178.10 Billion ▼ -1.9 pp
2016 78.2% CN¥55.41 Billion CN¥12.06 Billion CN¥145.07 Billion ▲ +11.2 pp
2015 67.1% CN¥36.03 Billion CN¥11.87 Billion CN¥115.49 Billion ▲ +4.6 pp
2014 62.4% CN¥28.89 Billion CN¥10.86 Billion CN¥94.01 Billion ▲ +1.3 pp
2013 61.1% CN¥24.86 Billion CN¥9.66 Billion CN¥76.39 Billion ▼ -5.7 pp
2012 66.8% CN¥24.14 Billion CN¥8.01 Billion CN¥68.71 Billion ▼ -5.2 pp
2011 72.0% CN¥23.98 Billion CN¥6.72 Billion CN¥65.62 Billion ▼ -1.1 pp
2010 73.1% CN¥21.15 Billion CN¥5.70 Billion CN¥52.96 Billion ▼ -14.0 pp
2009 87.0% CN¥19.03 Billion CN¥2.47 Billion CN¥40.45 Billion ▲ +4.1 pp
2008 82.9% CN¥13.34 Billion CN¥2.27 Billion CN¥32.53 Billion ▼ -0.7 pp
2007 83.6% CN¥12.41 Billion CN¥2.03 Billion CN¥29.29 Billion ▼ -10.1 pp
2006 93.7% CN¥5.02 Billion CN¥314.80 Million CN¥15.15 Billion ▲ +1.0 pp
2005 92.7% CN¥3.99 Billion CN¥289.85 Million CN¥10.67 Billion ▼ -6.0 pp
2004 98.8% CN¥3.93 Billion CN¥48.57 Million CN¥8.63 Billion ▲ +0.2 pp
2003 98.5% CN¥3.40 Billion CN¥50.31 Million CN¥5.54 Billion ▼ -1.2 pp
2002 99.7% CN¥2.63 Billion CN¥7.16 Million CN¥3.20 Billion
pp = percentage points