Sichuan Expressway Co Ltd (601107) — Tangible Net Worth Ratio

Latest as of March 2026: -157.2%

Sichuan Expressway Co Ltd (601107) has a Tangible Net Worth Ratio of -157.2% as of March 2026. This metric is calculated by deducting intangible assets (CN¥57.19 Billion) from net assets (CN¥22.23 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 Sichuan Expressway Co Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-157.2%
Tangible equity / total equity

Net Assets (Equity)

CN¥22.23 Billion
CNY

Intangible Assets

CN¥57.19 Billion
Goodwill, patents, brand value

Total Assets

CN¥67.77 Billion
CNY

Sichuan Expressway Co Ltd Tangible Net Worth Ratio (2002–2025)

This chart shows how Sichuan Expressway Co Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at -157.2%, reflecting net assets of CN¥22.23 Billion with intangible assets of CN¥57.19 Billion CNY. See Sichuan Expressway Co Ltd (601107) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Sichuan Expressway Co Ltd (2002–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Sichuan Expressway Co Ltd from 2002 to 2025, covering 24 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 601107 company net worth.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 -150.3% CN¥21.25 Billion CN¥53.18 Billion CN¥63.71 Billion ▲ +16.5 pp
2024 -166.7% CN¥19.50 Billion CN¥52.00 Billion CN¥61.07 Billion ▲ +32.0 pp
2023 -198.7% CN¥16.67 Billion CN¥49.81 Billion CN¥57.66 Billion ▼ -122.0 pp
2022 -76.8% CN¥18.72 Billion CN¥33.09 Billion CN¥40.26 Billion ▼ -16.9 pp
2021 -59.9% CN¥18.45 Billion CN¥29.50 Billion CN¥40.73 Billion ▲ +7.7 pp
2020 -67.6% CN¥16.53 Billion CN¥27.71 Billion CN¥40.46 Billion ▼ -10.5 pp
2019 -57.1% CN¥16.15 Billion CN¥25.38 Billion CN¥37.72 Billion ▲ +10.4 pp
2018 -67.5% CN¥14.88 Billion CN¥24.94 Billion CN¥36.20 Billion ▲ +7.5 pp
2017 -75.1% CN¥14.28 Billion CN¥25.01 Billion CN¥34.28 Billion ▲ +5.4 pp
2016 -80.5% CN¥13.88 Billion CN¥25.06 Billion CN¥36.38 Billion ▼ -3.9 pp
2015 -76.6% CN¥13.30 Billion CN¥23.48 Billion CN¥33.54 Billion ▼ -16.0 pp
2014 -60.7% CN¥12.37 Billion CN¥19.87 Billion CN¥28.80 Billion ▼ -10.2 pp
2013 -50.5% CN¥11.53 Billion CN¥17.35 Billion CN¥23.97 Billion ▼ -10.4 pp
2012 -40.1% CN¥10.45 Billion CN¥14.64 Billion CN¥19.34 Billion ▼ -16.6 pp
2011 -23.5% CN¥9.51 Billion CN¥11.74 Billion CN¥16.79 Billion ▼ -12.4 pp
2010 -11.1% CN¥8.42 Billion CN¥9.36 Billion CN¥11.90 Billion ▼ -8.4 pp
2009 -2.7% CN¥7.45 Billion CN¥7.65 Billion CN¥10.61 Billion ▲ +1.2 pp
2008 -3.9% CN¥5.90 Billion CN¥6.13 Billion CN¥8.04 Billion ▲ +11.3 pp
2007 -15.2% CN¥5.36 Billion CN¥6.18 Billion CN¥7.64 Billion ▲ +8.8 pp
2006 -24.1% CN¥5.07 Billion CN¥6.29 Billion CN¥7.53 Billion ▼ -109.3 pp
2005 85.2% CN¥5.21 Billion CN¥769.02 Million CN¥7.70 Billion ▲ +1.1 pp
2004 84.1% CN¥5.08 Billion CN¥805.57 Million CN¥7.86 Billion ▲ +0.2 pp
2003 83.9% CN¥5.07 Billion CN¥815.13 Million CN¥7.93 Billion ▲ +5.1 pp
2002 78.8% CN¥5.06 Billion CN¥1.07 Billion CN¥8.04 Billion
pp = percentage points