State Grid Yingda Co Ltd (600517) — Tangible Net Worth Ratio
State Grid Yingda Co Ltd (600517) has a Tangible Net Worth Ratio of 98.1% as of March 2026. This metric is calculated by deducting intangible assets (CN¥540.22 Million) from net assets (CN¥28.41 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. Check State Grid Yingda Co Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
State Grid Yingda Co Ltd Tangible Net Worth Ratio (2000–2025)
This chart shows how State Grid Yingda Co Ltd's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 98.1%, reflecting net assets of CN¥28.41 Billion with intangible assets of CN¥540.22 Million CNY. See State Grid Yingda Co Ltd (600517) net assets for net asset value and shareholders' equity analysis.
Annual Tangible Net Worth Ratio for State Grid Yingda Co Ltd (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for State Grid Yingda Co Ltd from 2000 to 2025, covering 26 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 600517 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.0% | CN¥27.77 Billion | CN¥556.57 Million | CN¥47.13 Billion | ▲ +0.3 pp |
| 2024 | 97.7% | CN¥25.31 Billion | CN¥580.00 Million | CN¥46.57 Billion | ▲ +0.1 pp |
| 2023 | 97.6% | CN¥23.47 Billion | CN¥563.66 Million | CN¥44.33 Billion | ▲ +0.2 pp |
| 2022 | 97.4% | CN¥22.05 Billion | CN¥571.95 Million | CN¥44.50 Billion | ▲ +0.0 pp |
| 2021 | 97.4% | CN¥21.38 Billion | CN¥556.96 Million | CN¥44.91 Billion | ▼ -0.1 pp |
| 2020 | 97.5% | CN¥20.04 Billion | CN¥510.26 Million | CN¥39.68 Billion | ▲ +9.8 pp |
| 2019 | 87.7% | CN¥3.54 Billion | CN¥436.28 Million | CN¥8.67 Billion | ▼ -0.2 pp |
| 2018 | 87.8% | CN¥3.58 Billion | CN¥435.49 Million | CN¥8.90 Billion | ▼ -0.9 pp |
| 2017 | 88.8% | CN¥3.76 Billion | CN¥422.25 Million | CN¥9.08 Billion | ▲ +0.7 pp |
| 2016 | 88.1% | CN¥3.72 Billion | CN¥443.53 Million | CN¥8.96 Billion | ▲ +0.9 pp |
| 2015 | 87.2% | CN¥3.38 Billion | CN¥431.56 Million | CN¥8.70 Billion | ▲ +2.2 pp |
| 2014 | 85.0% | CN¥2.50 Billion | CN¥373.62 Million | CN¥5.24 Billion | ▲ +1.9 pp |
| 2013 | 83.2% | CN¥2.26 Billion | CN¥380.67 Million | CN¥4.43 Billion | ▼ -15.5 pp |
| 2012 | 98.7% | CN¥1.33 Billion | CN¥17.69 Million | CN¥2.16 Billion | ▼ 0.0 pp |
| 2011 | 98.7% | CN¥1.39 Billion | CN¥18.11 Million | CN¥1.84 Billion | ▼ 0.0 pp |
| 2010 | 98.7% | CN¥1.45 Billion | CN¥18.53 Million | CN¥1.98 Billion | ▲ +0.2 pp |
| 2009 | 98.5% | CN¥1.30 Billion | CN¥18.95 Million | CN¥1.72 Billion | ▼ -1.3 pp |
| 2008 | 99.9% | CN¥1.03 Billion | CN¥1.43 Million | CN¥1.77 Billion | ▲ +0.2 pp |
| 2007 | 99.6% | CN¥806.63 Million | CN¥2.99 Million | CN¥1.27 Billion | ▲ +1.2 pp |
| 2006 | 98.4% | CN¥304.38 Million | CN¥4.72 Million | CN¥702.09 Million | ▲ +0.9 pp |
| 2005 | 97.6% | CN¥263.66 Million | CN¥6.46 Million | CN¥443.77 Million | ▲ +0.9 pp |
| 2004 | 96.7% | CN¥247.03 Million | CN¥8.19 Million | CN¥368.35 Million | ▲ +0.7 pp |
| 2003 | 96.0% | CN¥245.13 Million | CN¥9.92 Million | CN¥355.03 Million | ▲ +9.9 pp |
| 2002 | 86.1% | CN¥83.79 Million | CN¥11.66 Million | CN¥236.96 Million | ▲ +1.5 pp |
| 2001 | 84.6% | CN¥86.88 Million | CN¥13.39 Million | CN¥232.49 Million | ▲ +9.9 pp |
| 2000 | 74.7% | CN¥69.41 Million | CN¥17.55 Million | CN¥231.50 Million | — |