China Petroleum & Chemical Corp Class A (600028) — Tangible Net Worth Ratio
China Petroleum & Chemical Corp Class A (600028) has a Tangible Net Worth Ratio of 85.0% as of December 2025. This metric is calculated by deducting intangible assets (CN¥148.26 Billion) from net assets (CN¥989.77 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 China Petroleum & Chemical Corp Class A working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
China Petroleum & Chemical Corp Class A Tangible Net Worth Ratio (2000–2025)
This chart shows how China Petroleum & Chemical Corp Class A's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 85.0%, reflecting net assets of CN¥989.77 Billion with intangible assets of CN¥148.26 Billion CNY. See 600028 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for China Petroleum & Chemical Corp Class A (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for China Petroleum & Chemical Corp Class A from 2000 to 2025, covering 26 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 value of China Petroleum & Chemical Corp Class A.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 85.0% | CN¥989.77 Billion | CN¥148.26 Billion | CN¥2.22 Trillion | ▼ -12.5 pp |
| 2024 | 97.5% | CN¥972.15 Billion | CN¥24.08 Billion | CN¥2.08 Trillion | ▲ +0.3 pp |
| 2023 | 97.3% | CN¥955.81 Billion | CN¥26.18 Billion | CN¥2.02 Trillion | ▲ +0.2 pp |
| 2022 | 97.0% | CN¥939.54 Billion | CN¥28.01 Billion | CN¥1.95 Trillion | ▲ +0.3 pp |
| 2021 | 96.8% | CN¥915.07 Billion | CN¥29.71 Billion | CN¥1.89 Trillion | ▲ +0.3 pp |
| 2020 | 96.4% | CN¥887.70 Billion | CN¥31.86 Billion | CN¥1.74 Trillion | ▲ +0.3 pp |
| 2019 | 96.1% | CN¥877.30 Billion | CN¥34.01 Billion | CN¥1.76 Trillion | ▲ +0.2 pp |
| 2018 | 95.9% | CN¥856.53 Billion | CN¥34.93 Billion | CN¥1.59 Trillion | ▼ -0.1 pp |
| 2017 | 96.0% | CN¥852.89 Billion | CN¥34.27 Billion | CN¥1.60 Trillion | ▼ -0.8 pp |
| 2016 | 96.8% | CN¥831.24 Billion | CN¥26.90 Billion | CN¥1.50 Trillion | ▲ +0.1 pp |
| 2015 | 96.7% | CN¥788.16 Billion | CN¥26.10 Billion | CN¥1.45 Trillion | ▲ +8.9 pp |
| 2014 | 87.8% | CN¥645.58 Billion | CN¥78.68 Billion | CN¥1.45 Trillion | ▼ -10.0 pp |
| 2013 | 97.8% | CN¥621.63 Billion | CN¥13.63 Billion | CN¥1.38 Trillion | ▲ +6.9 pp |
| 2012 | 90.9% | CN¥548.04 Billion | CN¥49.83 Billion | CN¥1.26 Trillion | ▼ -2.2 pp |
| 2011 | 93.1% | CN¥507.34 Billion | CN¥34.84 Billion | CN¥1.14 Trillion | ▼ -0.8 pp |
| 2010 | 93.9% | CN¥451.04 Billion | CN¥27.44 Billion | CN¥995.82 Billion | ▼ -0.4 pp |
| 2009 | 94.4% | CN¥404.82 Billion | CN¥22.86 Billion | CN¥898.26 Billion | ▼ -1.0 pp |
| 2008 | 95.3% | CN¥348.54 Billion | CN¥16.35 Billion | CN¥779.17 Billion | ▼ 0.0 pp |
| 2007 | 95.3% | CN¥326.35 Billion | CN¥15.23 Billion | CN¥718.57 Billion | ▼ -1.4 pp |
| 2006 | 96.7% | CN¥281.80 Billion | CN¥9.27 Billion | CN¥602.72 Billion | ▼ -0.9 pp |
| 2005 | 97.6% | CN¥245.01 Billion | CN¥5.92 Billion | CN¥520.57 Billion | ▲ +0.0 pp |
| 2004 | 97.5% | CN¥217.57 Billion | CN¥5.34 Billion | CN¥460.08 Billion | ▼ 0.0 pp |
| 2003 | 97.6% | CN¥189.02 Billion | CN¥4.56 Billion | CN¥390.21 Billion | ▼ -0.1 pp |
| 2002 | 97.7% | CN¥175.83 Billion | CN¥4.06 Billion | CN¥368.38 Billion | ▲ +0.1 pp |
| 2001 | 97.6% | CN¥162.45 Billion | CN¥3.98 Billion | CN¥360.29 Billion | ▼ -1.7 pp |
| 2000 | 99.3% | CN¥144.09 Billion | CN¥1.05 Billion | CN¥340.92 Billion | — |