Shanghai Tunnel Engineering Co Ltd (600820) — Tangible Net Worth Ratio

Latest as of June 2026: 89.3%

Shanghai Tunnel Engineering Co Ltd (600820) has a Tangible Net Worth Ratio of 89.3% as of June 2026. This metric is calculated by deducting intangible assets (CN¥5.39 Billion) from net assets (CN¥50.16 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. Also explore Shanghai Tunnel Engineering Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

89.3%
Tangible equity / total equity

Net Assets (Equity)

CN¥50.16 Billion
CNY

Intangible Assets

CN¥5.39 Billion
Goodwill, patents, brand value

Total Assets

CN¥184.69 Billion
CNY

Shanghai Tunnel Engineering Co Ltd Tangible Net Worth Ratio (1993–2025)

This chart shows how Shanghai Tunnel Engineering Co Ltd's Tangible Net Worth Ratio has changed across 33 annual periods from 1993 to 2025. As of June 2026, the ratio stands at 89.3%, reflecting net assets of CN¥50.16 Billion with intangible assets of CN¥5.39 Billion CNY. For live market cap and overall valuation, see 600820 company net worth.

Annual Tangible Net Worth Ratio for Shanghai Tunnel Engineering Co Ltd (1993–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Shanghai Tunnel Engineering Co Ltd from 1993 to 2025, covering 33 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. Explore 600820 capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 88.8% CN¥44.00 Billion CN¥4.93 Billion CN¥181.80 Billion ▲ +1.3 pp
2024 87.4% CN¥39.39 Billion CN¥4.95 Billion CN¥172.74 Billion ▲ +1.2 pp
2023 86.3% CN¥35.65 Billion CN¥4.89 Billion CN¥161.92 Billion ▲ +0.3 pp
2022 86.0% CN¥33.86 Billion CN¥4.74 Billion CN¥146.44 Billion ▲ +0.6 pp
2021 85.4% CN¥29.37 Billion CN¥4.30 Billion CN¥129.76 Billion ▲ +1.4 pp
2020 83.9% CN¥25.21 Billion CN¥4.05 Billion CN¥109.39 Billion ▲ +1.8 pp
2019 82.2% CN¥23.33 Billion CN¥4.16 Billion CN¥90.42 Billion ▲ +1.6 pp
2018 80.5% CN¥21.53 Billion CN¥4.19 Billion CN¥77.97 Billion ▲ +1.3 pp
2017 79.3% CN¥20.10 Billion CN¥4.16 Billion CN¥67.92 Billion ▲ +2.4 pp
2016 76.8% CN¥18.25 Billion CN¥4.23 Billion CN¥67.01 Billion ▲ +2.3 pp
2015 74.5% CN¥16.89 Billion CN¥4.30 Billion CN¥62.89 Billion ▲ +1.9 pp
2014 72.6% CN¥15.96 Billion CN¥4.37 Billion CN¥58.81 Billion ▼ -22.2 pp
2013 94.9% CN¥12.51 Billion CN¥641.84 Million CN¥57.05 Billion ▲ +4.8 pp
2012 90.0% CN¥11.15 Billion CN¥1.11 Billion CN¥49.36 Billion ▲ +2.1 pp
2011 88.0% CN¥4.88 Billion CN¥586.37 Million CN¥22.59 Billion ▲ +9.0 pp
2010 79.0% CN¥4.46 Billion CN¥935.75 Million CN¥20.11 Billion ▲ +4.0 pp
2009 75.0% CN¥3.99 Billion CN¥995.16 Million CN¥17.84 Billion ▲ +3.9 pp
2008 71.1% CN¥3.73 Billion CN¥1.08 Billion CN¥14.82 Billion ▲ +21.0 pp
2007 50.1% CN¥2.31 Billion CN¥1.16 Billion CN¥11.18 Billion ▼ -38.5 pp
2006 88.6% CN¥2.11 Billion CN¥241.47 Million CN¥9.63 Billion ▲ +0.5 pp
2005 88.1% CN¥2.01 Billion CN¥240.00 Million CN¥8.72 Billion ▼ -5.0 pp
2004 93.1% CN¥1.92 Billion CN¥133.00 Million CN¥8.07 Billion ▲ +26.4 pp
2003 66.7% CN¥1.83 Billion CN¥610.09 Million CN¥6.94 Billion ▼ -26.5 pp
2002 93.2% CN¥1.72 Billion CN¥117.20 Million CN¥6.14 Billion ▼ -2.3 pp
2001 95.5% CN¥1.64 Billion CN¥73.94 Million CN¥5.99 Billion ▲ +1.1 pp
2000 94.4% CN¥1.33 Billion CN¥74.75 Million CN¥4.43 Billion ▲ +3.1 pp
1999 91.3% CN¥1.21 Billion CN¥106.09 Million CN¥3.96 Billion ▼ -2.1 pp
1998 93.4% CN¥556.07 Million CN¥36.79 Million CN¥1.78 Billion ▼ -3.3 pp
1997 96.7% CN¥505.55 Million CN¥16.77 Million CN¥1.44 Billion ▼ -2.7 pp
1996 99.3% CN¥333.17 Million CN¥2.22 Million CN¥1.04 Billion ▼ -0.7 pp
1995 100.0% CN¥293.97 Million CN¥0.00 CN¥674.07 Million ▲ +0.0 pp
1994 100.0% CN¥211.30 Million CN¥0.00 CN¥442.38 Million ▲ +2.8 pp
1993 97.2% CN¥184.44 Million CN¥5.20 Million CN¥394.54 Million
pp = percentage points