China Petroleum Engineering Corp (600339) — Tangible Net Worth Ratio

Latest as of March 2026: 94.5%

China Petroleum Engineering Corp (600339) has a Tangible Net Worth Ratio of 94.5% as of March 2026. This metric is calculated by deducting intangible assets (CN¥1.49 Billion) from net assets (CN¥26.97 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 working capital to net assets of China Petroleum Engineering Corp to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

94.5%
Tangible equity / total equity

Net Assets (Equity)

CN¥26.97 Billion
CNY

Intangible Assets

CN¥1.49 Billion
Goodwill, patents, brand value

Total Assets

CN¥123.18 Billion
CNY

China Petroleum Engineering Corp Tangible Net Worth Ratio (1997–2025)

This chart shows how China Petroleum Engineering Corp's Tangible Net Worth Ratio has changed across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 94.5%, reflecting net assets of CN¥26.97 Billion with intangible assets of CN¥1.49 Billion CNY. See defensive interval ratio of China Petroleum Engineering Corp to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for China Petroleum Engineering Corp (1997–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for China Petroleum Engineering Corp from 1997 to 2025, covering 29 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 600339 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 94.3% CN¥26.78 Billion CN¥1.52 Billion CN¥122.68 Billion ▲ +0.2 pp
2024 94.2% CN¥26.51 Billion CN¥1.55 Billion CN¥108.44 Billion ▲ +0.2 pp
2023 94.0% CN¥26.16 Billion CN¥1.57 Billion CN¥107.57 Billion ▲ +0.6 pp
2022 93.4% CN¥25.53 Billion CN¥1.69 Billion CN¥107.06 Billion ▲ +0.5 pp
2021 92.9% CN¥24.89 Billion CN¥1.77 Billion CN¥104.54 Billion ▲ +0.4 pp
2020 92.5% CN¥24.68 Billion CN¥1.85 Billion CN¥106.31 Billion ▲ +0.6 pp
2019 91.9% CN¥23.81 Billion CN¥1.93 Billion CN¥93.11 Billion ▼ -0.1 pp
2018 92.0% CN¥23.51 Billion CN¥1.89 Billion CN¥93.75 Billion ▲ +0.2 pp
2017 91.8% CN¥22.77 Billion CN¥1.87 Billion CN¥91.25 Billion ▲ +3.8 pp
2016 88.0% CN¥16.58 Billion CN¥1.99 Billion CN¥89.46 Billion ▲ +988.6 pp
2015 -900.6% CN¥71.27 Million CN¥713.10 Million CN¥3.25 Billion ▼ -996.1 pp
2014 95.5% CN¥1.07 Billion CN¥47.79 Million CN¥3.93 Billion ▼ -0.4 pp
2013 95.9% CN¥1.26 Billion CN¥51.79 Million CN¥3.89 Billion ▲ +0.3 pp
2012 95.6% CN¥1.27 Billion CN¥56.11 Million CN¥4.21 Billion ▼ -1.4 pp
2011 97.0% CN¥1.54 Billion CN¥46.42 Million CN¥4.32 Billion ▼ -1.8 pp
2010 98.8% CN¥1.44 Billion CN¥17.65 Million CN¥3.59 Billion ▲ +0.2 pp
2009 98.5% CN¥1.20 Billion CN¥17.45 Million CN¥3.72 Billion ▼ -0.5 pp
2008 99.0% CN¥1.28 Billion CN¥12.31 Million CN¥3.58 Billion ▼ -0.6 pp
2007 99.6% CN¥1.27 Billion CN¥5.26 Million CN¥3.33 Billion ▲ +0.3 pp
2006 99.2% CN¥663.99 Million CN¥4.99 Million CN¥2.67 Billion ▲ +0.0 pp
2005 99.2% CN¥739.16 Million CN¥5.66 Million CN¥2.25 Billion ▼ -0.7 pp
2004 99.9% CN¥745.32 Million CN¥747.90K CN¥1.57 Billion ▼ 0.0 pp
2003 99.9% CN¥713.96 Million CN¥377.50K CN¥1.37 Billion ▲ +0.0 pp
2002 99.9% CN¥630.79 Million CN¥547.50K CN¥1.08 Billion ▲ +0.0 pp
2001 99.9% CN¥629.71 Million CN¥717.50K CN¥899.94 Million ▲ +0.6 pp
2000 99.3% CN¥608.71 Million CN¥4.50 Million CN¥794.19 Million ▲ +1.4 pp
1999 97.8% CN¥173.34 Million CN¥3.75 Million CN¥293.30 Million ▼ -2.2 pp
1998 100.0% CN¥105.37 Million CN¥0.00 CN¥210.68 Million ▲ +0.3 pp
1997 99.7% CN¥100.86 Million CN¥318.86K CN¥193.75 Million
pp = percentage points