China United Network Communications Ltd (600050) — Tangible Net Worth Ratio

Latest as of March 2026: 91.3%

China United Network Communications Ltd (600050) has a Tangible Net Worth Ratio of 91.3% as of March 2026. This metric is calculated by deducting intangible assets (CN¥33.02 Billion) from net assets (CN¥381.28 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 China United Network Communications Ltd annual equity growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

91.3%
Tangible equity / total equity

Net Assets (Equity)

CN¥381.28 Billion
CNY

Intangible Assets

CN¥33.02 Billion
Goodwill, patents, brand value

Total Assets

CN¥670.20 Billion
CNY

China United Network Communications Ltd Tangible Net Worth Ratio (1999–2025)

This chart shows how China United Network Communications Ltd's Tangible Net Worth Ratio has changed across 27 annual periods from 1999 to 2025. As of March 2026, the ratio stands at 91.3%, reflecting net assets of CN¥381.28 Billion with intangible assets of CN¥33.02 Billion CNY. For live market cap and overall valuation, see how much is China United Network Communications Ltd worth.

Annual Tangible Net Worth Ratio for China United Network Communications Ltd (1999–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for China United Network Communications Ltd from 1999 to 2025, covering 27 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 China United Network Communications Ltd (600050) capital reinvestment 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 91.1% CN¥376.50 Billion CN¥33.38 Billion CN¥671.06 Billion ▲ +0.3 pp
2024 90.8% CN¥368.79 Billion CN¥33.75 Billion CN¥672.84 Billion ▲ +0.4 pp
2023 90.4% CN¥357.94 Billion CN¥34.34 Billion CN¥662.84 Billion ▼ -0.2 pp
2022 90.6% CN¥347.27 Billion CN¥32.60 Billion CN¥644.69 Billion ▼ -0.7 pp
2021 91.3% CN¥336.21 Billion CN¥29.24 Billion CN¥593.28 Billion ▼ -0.9 pp
2020 92.2% CN¥331.47 Billion CN¥25.92 Billion CN¥582.48 Billion ▲ +0.3 pp
2019 91.8% CN¥323.50 Billion CN¥26.42 Billion CN¥564.23 Billion ▲ +0.1 pp
2018 91.7% CN¥316.94 Billion CN¥26.35 Billion CN¥541.76 Billion ▲ +0.2 pp
2017 91.5% CN¥307.02 Billion CN¥26.21 Billion CN¥573.62 Billion ▲ +2.9 pp
2016 88.6% CN¥230.51 Billion CN¥26.38 Billion CN¥615.91 Billion ▲ +0.1 pp
2015 88.5% CN¥234.05 Billion CN¥26.98 Billion CN¥615.32 Billion ▼ -0.4 pp
2014 88.8% CN¥230.33 Billion CN¥25.72 Billion CN¥547.12 Billion ▼ -0.4 pp
2013 89.3% CN¥221.63 Billion CN¥23.82 Billion CN¥531.36 Billion ▼ -0.7 pp
2012 89.9% CN¥212.23 Billion CN¥21.36 Billion CN¥518.36 Billion ▼ -0.1 pp
2011 90.1% CN¥208.61 Billion CN¥20.74 Billion CN¥458.52 Billion ▼ -0.4 pp
2010 90.5% CN¥208.18 Billion CN¥19.87 Billion CN¥443.47 Billion ▼ -0.1 pp
2009 90.6% CN¥208.85 Billion CN¥19.65 Billion CN¥419.23 Billion ▼ -0.5 pp
2008 91.1% CN¥209.00 Billion CN¥18.55 Billion CN¥347.04 Billion ▼ -1.3 pp
2007 92.4% CN¥92.94 Billion CN¥7.08 Billion CN¥144.51 Billion ▼ -6.5 pp
2006 98.9% CN¥79.99 Billion CN¥904.91 Million CN¥142.51 Billion ▼ -0.4 pp
2005 99.3% CN¥75.05 Billion CN¥541.83 Million CN¥138.35 Billion ▲ +0.1 pp
2004 99.2% CN¥71.65 Billion CN¥574.37 Million CN¥144.82 Billion ▲ +0.0 pp
2003 99.2% CN¥68.77 Billion CN¥576.88 Million CN¥150.05 Billion ▲ +0.0 pp
2002 99.1% CN¥64.93 Billion CN¥564.71 Million CN¥149.95 Billion ▼ -0.3 pp
2001 99.4% CN¥62.28 Billion CN¥365.15 Million CN¥127.95 Billion ▲ +0.5 pp
2000 98.9% CN¥58.20 Billion CN¥625.37 Million CN¥112.88 Billion ▲ +3.7 pp
1999 95.3% CN¥11.09 Billion CN¥525.30 Million CN¥45.12 Billion
pp = percentage points