Huadian Energy (600726) — Tangible Net Worth Ratio

Latest as of March 2026: 31.1%

Huadian Energy (600726) has a Tangible Net Worth Ratio of 31.1% as of March 2026. This metric is calculated by deducting intangible assets (CN¥4.93 Billion) from net assets (CN¥7.16 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 how liquid is Huadian Energy's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

31.1%
Tangible equity / total equity

Net Assets (Equity)

CN¥7.16 Billion
CNY

Intangible Assets

CN¥4.93 Billion
Goodwill, patents, brand value

Total Assets

CN¥33.26 Billion
CNY

Huadian Energy Tangible Net Worth Ratio (1993–2025)

This chart shows how Huadian Energy's Tangible Net Worth Ratio has changed across 32 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 31.1%, reflecting net assets of CN¥7.16 Billion with intangible assets of CN¥4.93 Billion CNY. See defensive interval ratio of Huadian Energy to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Huadian Energy (1993–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Huadian Energy from 1993 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 market value of Huadian Energy.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 70.0% CN¥5.99 Billion CN¥1.80 Billion CN¥30.94 Billion ▲ +53.5 pp
2024 16.5% CN¥6.03 Billion CN¥5.04 Billion CN¥30.00 Billion ▼ -12.6 pp
2023 29.1% CN¥6.23 Billion CN¥4.42 Billion CN¥29.11 Billion ▼ -4.3 pp
2022 33.4% CN¥6.74 Billion CN¥4.49 Billion CN¥33.01 Billion ▲ +5.9 pp
2020 27.5% CN¥810.81 Million CN¥588.06 Million CN¥22.72 Billion ▼ -41.5 pp
2019 69.0% CN¥1.94 Billion CN¥600.53 Million CN¥23.69 Billion ▲ +3.5 pp
2018 65.5% CN¥1.85 Billion CN¥637.21 Million CN¥25.13 Billion ▼ -11.1 pp
2017 76.6% CN¥2.72 Billion CN¥636.66 Million CN¥25.39 Billion ▲ +11.3 pp
2016 65.4% CN¥4.10 Billion CN¥1.42 Billion CN¥25.45 Billion ▲ +2.6 pp
2015 62.8% CN¥3.84 Billion CN¥1.43 Billion CN¥24.53 Billion ▲ +0.4 pp
2014 62.4% CN¥3.80 Billion CN¥1.43 Billion CN¥23.82 Billion ▼ -7.0 pp
2013 69.4% CN¥3.58 Billion CN¥1.09 Billion CN¥23.55 Billion ▼ -6.7 pp
2012 76.1% CN¥3.51 Billion CN¥838.63 Million CN¥23.10 Billion ▼ -3.1 pp
2011 79.2% CN¥3.95 Billion CN¥820.58 Million CN¥22.06 Billion ▼ -1.4 pp
2010 80.6% CN¥3.90 Billion CN¥757.14 Million CN¥22.19 Billion ▼ -6.0 pp
2009 86.6% CN¥4.59 Billion CN¥616.45 Million CN¥18.63 Billion ▼ -8.9 pp
2008 95.4% CN¥3.76 Billion CN¥171.60 Million CN¥16.80 Billion ▼ -1.3 pp
2007 96.8% CN¥3.53 Billion CN¥114.16 Million CN¥11.55 Billion ▲ +18.0 pp
2006 78.7% CN¥4.22 Billion CN¥897.07 Million CN¥9.69 Billion ▼ -18.1 pp
2005 96.8% CN¥3.48 Billion CN¥110.31 Million CN¥9.28 Billion ▲ +0.2 pp
2004 96.6% CN¥3.43 Billion CN¥117.35 Million CN¥9.33 Billion ▼ -3.4 pp
2003 100.0% CN¥3.25 Billion CN¥0.00 CN¥4.78 Billion ▲ +0.1 pp
2002 99.9% CN¥3.03 Billion CN¥3.58 Million CN¥3.61 Billion ▲ +0.3 pp
2001 99.6% CN¥2.89 Billion CN¥12.18 Million CN¥3.50 Billion ▲ +0.3 pp
2000 99.2% CN¥2.75 Billion CN¥20.78 Million CN¥3.31 Billion ▲ +1.0 pp
1999 98.3% CN¥1.69 Billion CN¥29.38 Million CN¥2.50 Billion ▲ +0.8 pp
1998 97.5% CN¥1.50 Billion CN¥37.98 Million CN¥2.47 Billion ▼ -2.5 pp
1997 100.0% CN¥1.35 Billion CN¥0.00 CN¥1.88 Billion ▲ +0.0 pp
1996 100.0% CN¥617.29 Million CN¥0.00 CN¥1.01 Billion ▲ +0.0 pp
1995 100.0% CN¥311.64 Million CN¥0.00 CN¥592.44 Million ▲ +0.0 pp
1994 100.0% CN¥283.08 Million CN¥0.00 CN¥566.15 Million ▲ +0.0 pp
1993 100.0% CN¥218.43 Million CN¥0.00 CN¥452.33 Million
pp = percentage points