State Grid Information&Communication Co Ltd (600131) — Tangible Net Worth Ratio

Latest as of March 2026: 76.5%

State Grid Information&Communication Co Ltd (600131) has a Tangible Net Worth Ratio of 76.5% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.57 Billion) from net assets (CN¥6.67 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 State Grid Information&Communication Co working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

76.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥6.67 Billion
CNY

Intangible Assets

CN¥1.57 Billion
Goodwill, patents, brand value

Total Assets

CN¥13.21 Billion
CNY

State Grid Information&Communication Co Ltd Tangible Net Worth Ratio (1995–2025)

This chart shows how State Grid Information&Communication Co Ltd's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 76.5%, reflecting net assets of CN¥6.67 Billion with intangible assets of CN¥1.57 Billion CNY. See 600131 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for State Grid Information&Communication Co Ltd (1995–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for State Grid Information&Communication Co Ltd from 1995 to 2025, covering 31 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 State Grid Information&Communication Co market cap and net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 92.4% CN¥20.59 Billion CN¥1.56 Billion CN¥14.18 Billion ▲ +11.4 pp
2024 81.0% CN¥6.79 Billion CN¥1.29 Billion CN¥12.89 Billion ▼ -0.1 pp
2023 81.1% CN¥6.33 Billion CN¥1.19 Billion CN¥13.57 Billion ▼ -0.1 pp
2022 81.3% CN¥5.73 Billion CN¥1.08 Billion CN¥12.03 Billion ▼ -7.4 pp
2021 88.6% CN¥5.13 Billion CN¥582.87 Million CN¥11.40 Billion ▼ -1.8 pp
2020 90.5% CN¥4.64 Billion CN¥442.02 Million CN¥11.03 Billion ▲ +3.8 pp
2019 86.7% CN¥2.74 Billion CN¥365.22 Million CN¥8.90 Billion ▼ -11.5 pp
2018 98.2% CN¥1.22 Billion CN¥22.47 Million CN¥2.40 Billion ▲ +0.2 pp
2017 98.0% CN¥1.14 Billion CN¥23.14 Million CN¥2.38 Billion ▲ +0.1 pp
2016 97.8% CN¥1.03 Billion CN¥22.48 Million CN¥2.38 Billion ▲ +0.4 pp
2015 97.4% CN¥901.21 Million CN¥23.07 Million CN¥2.38 Billion ▲ +0.1 pp
2014 97.3% CN¥802.65 Million CN¥21.55 Million CN¥2.28 Billion ▲ +0.7 pp
2013 96.6% CN¥650.82 Million CN¥22.10 Million CN¥2.33 Billion ▼ -0.7 pp
2012 97.3% CN¥842.86 Million CN¥22.64 Million CN¥2.41 Billion ▼ -0.4 pp
2011 97.7% CN¥776.28 Million CN¥17.56 Million CN¥2.46 Billion ▲ +0.5 pp
2010 97.2% CN¥648.68 Million CN¥18.11 Million CN¥2.22 Billion ▲ +0.5 pp
2009 96.7% CN¥514.97 Million CN¥16.83 Million CN¥1.79 Billion ▼ -0.2 pp
2008 97.0% CN¥564.74 Million CN¥17.09 Million CN¥1.83 Billion ▼ -2.2 pp
2007 99.2% CN¥948.25 Million CN¥7.77 Million CN¥2.24 Billion ▲ +0.3 pp
2006 98.9% CN¥813.65 Million CN¥8.72 Million CN¥1.86 Billion ▲ +0.6 pp
2005 98.3% CN¥732.64 Million CN¥12.11 Million CN¥1.98 Billion ▼ -0.6 pp
2004 99.0% CN¥662.76 Million CN¥6.65 Million CN¥1.77 Billion ▼ 0.0 pp
2003 99.0% CN¥644.31 Million CN¥6.34 Million CN¥1.54 Billion ▼ 0.0 pp
2002 99.0% CN¥660.64 Million CN¥6.49 Million CN¥1.68 Billion ▲ +0.1 pp
2001 98.9% CN¥633.74 Million CN¥6.81 Million CN¥1.46 Billion ▲ +0.5 pp
2000 98.4% CN¥438.34 Million CN¥6.96 Million CN¥1.22 Billion ▼ -0.6 pp
1999 99.0% CN¥408.29 Million CN¥4.14 Million CN¥811.88 Million ▲ +0.1 pp
1998 98.9% CN¥375.05 Million CN¥4.23 Million CN¥590.62 Million ▲ +1.4 pp
1997 97.4% CN¥168.75 Million CN¥4.33 Million CN¥349.68 Million ▲ +0.9 pp
1996 96.6% CN¥128.31 Million CN¥4.42 Million CN¥264.83 Million ▲ +0.6 pp
1995 96.0% CN¥111.69 Million CN¥4.51 Million CN¥203.15 Million
pp = percentage points