China Spacesat Co Ltd (600118) — Tangible Net Worth Ratio

Latest as of March 2026: 77.2%

China Spacesat Co Ltd (600118) has a Tangible Net Worth Ratio of 77.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.83 Billion) from net assets (CN¥8.04 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 Spacesat Co Ltd (600118) net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

77.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥8.04 Billion
CNY

Intangible Assets

CN¥1.83 Billion
Goodwill, patents, brand value

Total Assets

CN¥13.29 Billion
CNY

China Spacesat Co Ltd Tangible Net Worth Ratio (1994–2025)

This chart shows how China Spacesat Co Ltd's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 77.2%, reflecting net assets of CN¥8.04 Billion with intangible assets of CN¥1.83 Billion CNY. Also explore 600118 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for China Spacesat Co Ltd (1994–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for China Spacesat Co 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 600118 market cap.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 77.2% CN¥8.08 Billion CN¥1.84 Billion CN¥13.20 Billion ▼ -1.5 pp
2024 78.6% CN¥8.08 Billion CN¥1.73 Billion CN¥13.24 Billion ▼ -2.1 pp
2023 80.7% CN¥8.19 Billion CN¥1.58 Billion CN¥13.51 Billion ▼ -1.1 pp
2022 81.9% CN¥8.14 Billion CN¥1.48 Billion CN¥13.75 Billion ▼ -1.7 pp
2021 83.6% CN¥7.94 Billion CN¥1.30 Billion CN¥13.10 Billion ▼ -1.6 pp
2020 85.2% CN¥7.74 Billion CN¥1.15 Billion CN¥11.59 Billion ▼ -2.0 pp
2019 87.2% CN¥7.34 Billion CN¥941.48 Million CN¥11.63 Billion ▼ -1.3 pp
2018 88.5% CN¥6.63 Billion CN¥761.77 Million CN¥10.43 Billion ▼ -0.1 pp
2017 88.6% CN¥6.32 Billion CN¥720.48 Million CN¥9.74 Billion ▲ +0.1 pp
2016 88.5% CN¥5.75 Billion CN¥658.91 Million CN¥10.86 Billion ▼ -2.1 pp
2015 90.6% CN¥5.41 Billion CN¥506.05 Million CN¥9.63 Billion ▼ -2.2 pp
2014 92.9% CN¥4.95 Billion CN¥352.75 Million CN¥8.78 Billion ▼ -1.7 pp
2013 94.6% CN¥4.57 Billion CN¥248.90 Million CN¥7.91 Billion ▲ +3.9 pp
2012 90.7% CN¥2.87 Billion CN¥266.87 Million CN¥5.64 Billion ▼ -1.2 pp
2011 91.8% CN¥2.25 Billion CN¥183.20 Million CN¥4.61 Billion ▲ +2.0 pp
2010 89.9% CN¥1.98 Billion CN¥201.30 Million CN¥4.02 Billion ▲ +1.0 pp
2009 88.8% CN¥1.67 Billion CN¥187.06 Million CN¥3.55 Billion ▲ +0.1 pp
2008 88.7% CN¥1.52 Billion CN¥170.71 Million CN¥2.86 Billion ▼ -10.8 pp
2007 99.6% CN¥1.61 Billion CN¥7.10 Million CN¥2.73 Billion ▲ +3.3 pp
2006 96.3% CN¥417.71 Million CN¥15.52 Million CN¥1.25 Billion ▲ +0.7 pp
2005 95.6% CN¥391.20 Million CN¥17.23 Million CN¥1.12 Billion ▲ +1.0 pp
2004 94.6% CN¥445.05 Million CN¥24.06 Million CN¥1.13 Billion ▼ -2.1 pp
2003 96.7% CN¥409.54 Million CN¥13.58 Million CN¥846.97 Million ▼ -1.1 pp
2002 97.8% CN¥369.12 Million CN¥8.25 Million CN¥622.75 Million ▲ +0.7 pp
2001 97.0% CN¥296.52 Million CN¥8.77 Million CN¥351.18 Million ▲ +0.0 pp
2000 97.0% CN¥298.51 Million CN¥8.95 Million CN¥360.81 Million ▼ -1.2 pp
1999 98.2% CN¥275.08 Million CN¥4.91 Million CN¥328.74 Million ▼ -1.8 pp
1998 100.0% CN¥245.08 Million CN¥0.00 CN¥264.74 Million ▲ +0.0 pp
1997 100.0% CN¥214.84 Million CN¥0.00 CN¥274.10 Million ▲ +0.0 pp
1996 100.0% CN¥54.61 Million CN¥0.00 CN¥129.90 Million ▲ +0.0 pp
1995 100.0% CN¥35.92 Million CN¥0.00 CN¥131.48 Million ▲ +0.0 pp
1994 100.0% CN¥32.93 Million CN¥0.00 CN¥161.04 Million
pp = percentage points