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. Also explore net asset growth rate of China Petroleum & Chemical Corp Class A to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see 600028 stock market capitalisation.
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. Explore capital reinvestment ratio of China Petroleum & Chemical Corp 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 | 85.0% | 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 | — |