SAIC Motor Corp Ltd (600104) — Tangible Net Worth Ratio

Latest as of March 2026: 93.4%

SAIC Motor Corp Ltd (600104) has a Tangible Net Worth Ratio of 93.4% as of March 2026. This metric is calculated by deducting intangible assets (CN¥24.17 Billion) from net assets (CN¥364.84 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 600104 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

93.4%
Tangible equity / total equity

Net Assets (Equity)

CN¥364.84 Billion
CNY

Intangible Assets

CN¥24.17 Billion
Goodwill, patents, brand value

Total Assets

CN¥937.95 Billion
CNY

SAIC Motor Corp Ltd Tangible Net Worth Ratio (1994–2025)

This chart shows how SAIC Motor Corp Ltd's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 93.4%, reflecting net assets of CN¥364.84 Billion with intangible assets of CN¥24.17 Billion CNY. See SAIC Motor Corp Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for SAIC Motor Corp Ltd (1994–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for SAIC Motor Corp Ltd 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. For the full company profile including market capitalisation, see how much is SAIC Motor Corp Ltd worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 93.5% CN¥361.31 Billion CN¥23.33 Billion CN¥960.21 Billion ▲ +0.4 pp
2024 93.1% CN¥346.73 Billion CN¥23.82 Billion CN¥957.14 Billion ▲ +0.2 pp
2023 92.9% CN¥342.91 Billion CN¥24.40 Billion CN¥1.01 Trillion ▼ -0.5 pp
2022 93.4% CN¥336.30 Billion CN¥22.20 Billion CN¥990.11 Billion ▼ -0.6 pp
2021 94.0% CN¥328.77 Billion CN¥19.58 Billion CN¥916.92 Billion ▲ +0.0 pp
2020 94.0% CN¥310.04 Billion CN¥18.47 Billion CN¥919.41 Billion ▼ -0.3 pp
2019 94.4% CN¥300.84 Billion CN¥16.93 Billion CN¥849.33 Billion ▼ -0.5 pp
2018 94.9% CN¥284.72 Billion CN¥14.55 Billion CN¥782.77 Billion ▼ -0.8 pp
2017 95.7% CN¥272.11 Billion CN¥11.75 Billion CN¥723.53 Billion ▲ +0.3 pp
2016 95.4% CN¥235.10 Billion CN¥10.80 Billion CN¥590.63 Billion ▼ -0.6 pp
2015 96.0% CN¥210.92 Billion CN¥8.37 Billion CN¥511.63 Billion ▼ -0.5 pp
2014 96.5% CN¥185.00 Billion CN¥6.49 Billion CN¥414.87 Billion ▼ 0.0 pp
2013 96.5% CN¥161.73 Billion CN¥5.67 Billion CN¥373.64 Billion ▲ +0.8 pp
2012 95.7% CN¥145.01 Billion CN¥6.18 Billion CN¥317.20 Billion ▲ +2.3 pp
2011 93.4% CN¥133.12 Billion CN¥8.78 Billion CN¥318.63 Billion ▲ +1.7 pp
2010 91.7% CN¥81.75 Billion CN¥6.78 Billion CN¥228.84 Billion ▲ +0.6 pp
2009 91.1% CN¥46.76 Billion CN¥4.18 Billion CN¥138.16 Billion ▼ -0.5 pp
2008 91.6% CN¥38.54 Billion CN¥3.24 Billion CN¥107.86 Billion ▼ -2.9 pp
2007 94.5% CN¥43.01 Billion CN¥2.37 Billion CN¥101.82 Billion ▼ -2.0 pp
2006 96.5% CN¥37.00 Billion CN¥1.29 Billion CN¥86.42 Billion ▼ -2.2 pp
2005 98.8% CN¥11.73 Billion CN¥145.78 Million CN¥14.59 Billion ▲ +0.1 pp
2004 98.7% CN¥11.47 Billion CN¥154.15 Million CN¥14.00 Billion ▼ -0.9 pp
2003 99.5% CN¥9.86 Billion CN¥47.30 Million CN¥12.09 Billion ▲ +0.1 pp
2002 99.4% CN¥8.29 Billion CN¥47.16 Million CN¥10.70 Billion ▲ +0.0 pp
2001 99.4% CN¥8.14 Billion CN¥46.40 Million CN¥10.05 Billion ▼ -0.1 pp
2000 99.5% CN¥4.81 Billion CN¥21.91 Million CN¥6.81 Billion ▲ +0.3 pp
1999 99.2% CN¥4.08 Billion CN¥31.58 Million CN¥6.06 Billion ▼ -0.6 pp
1998 99.8% CN¥4.02 Billion CN¥7.78 Million CN¥4.83 Billion ▼ -0.2 pp
1997 100.0% CN¥3.31 Billion CN¥71.99K CN¥4.06 Billion ▼ 0.0 pp
1996 100.0% CN¥705.03 Million CN¥0.00 CN¥1.71 Billion ▲ +0.0 pp
1995 100.0% CN¥618.94 Million CN¥0.00 CN¥1.54 Billion ▲ +0.0 pp
1994 100.0% CN¥555.68 Million CN¥0.00 CN¥1.42 Billion
pp = percentage points