Air China Ltd Class A (601111) — Tangible Net Worth Ratio
Air China Ltd Class A (601111) has a Tangible Net Worth Ratio of 84.9% as of March 2026. This metric is calculated by deducting intangible assets (CN¥6.14 Billion) from net assets (CN¥40.73 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. For live market cap and overall valuation, see market value of Air China Ltd Class A.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Air China Ltd Class A Tangible Net Worth Ratio (2002–2025)
This chart shows how Air China Ltd Class A's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 84.9%, reflecting net assets of CN¥40.73 Billion with intangible assets of CN¥6.14 Billion CNY. Also explore 601111 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Air China Ltd Class A (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Air China Ltd Class A 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. See Air China Ltd Class A financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 84.3% | CN¥39.55 Billion | CN¥6.19 Billion | CN¥351.61 Billion | ▼ -1.2 pp |
| 2024 | 85.5% | CN¥40.95 Billion | CN¥5.94 Billion | CN¥345.77 Billion | ▲ +2.0 pp |
| 2023 | 83.5% | CN¥35.29 Billion | CN¥5.82 Billion | CN¥335.30 Billion | ▲ +3.5 pp |
| 2022 | 80.1% | CN¥21.56 Billion | CN¥4.30 Billion | CN¥295.01 Billion | ▼ -14.6 pp |
| 2021 | 94.6% | CN¥65.87 Billion | CN¥3.54 Billion | CN¥298.42 Billion | ▼ -1.1 pp |
| 2020 | 95.7% | CN¥83.81 Billion | CN¥3.60 Billion | CN¥284.07 Billion | ▼ -0.6 pp |
| 2019 | 96.3% | CN¥101.38 Billion | CN¥3.72 Billion | CN¥294.25 Billion | ▲ +0.1 pp |
| 2018 | 96.3% | CN¥100.56 Billion | CN¥3.76 Billion | CN¥243.72 Billion | ▲ +0.9 pp |
| 2017 | 95.4% | CN¥94.93 Billion | CN¥4.40 Billion | CN¥235.72 Billion | ▲ +0.9 pp |
| 2016 | 94.4% | CN¥76.47 Billion | CN¥4.25 Billion | CN¥224.13 Billion | ▲ +0.7 pp |
| 2015 | 93.7% | CN¥66.60 Billion | CN¥4.17 Billion | CN¥213.70 Billion | ▼ -0.2 pp |
| 2014 | 93.9% | CN¥59.47 Billion | CN¥3.62 Billion | CN¥209.64 Billion | ▼ -1.1 pp |
| 2013 | 95.1% | CN¥57.94 Billion | CN¥2.86 Billion | CN¥205.36 Billion | ▲ +0.3 pp |
| 2012 | 94.8% | CN¥53.95 Billion | CN¥2.81 Billion | CN¥185.71 Billion | ▲ +0.5 pp |
| 2011 | 94.3% | CN¥49.50 Billion | CN¥2.81 Billion | CN¥173.32 Billion | ▲ +1.2 pp |
| 2010 | 93.1% | CN¥41.70 Billion | CN¥2.87 Billion | CN¥155.22 Billion | ▲ +3.9 pp |
| 2009 | 89.2% | CN¥23.96 Billion | CN¥2.58 Billion | CN¥106.16 Billion | ▲ +1.9 pp |
| 2008 | 87.4% | CN¥20.29 Billion | CN¥2.56 Billion | CN¥98.90 Billion | ▼ -8.2 pp |
| 2007 | 95.6% | CN¥31.44 Billion | CN¥1.40 Billion | CN¥88.30 Billion | ▼ -2.9 pp |
| 2006 | 98.4% | CN¥34.92 Billion | CN¥552.46 Million | CN¥87.12 Billion | ▲ +0.7 pp |
| 2005 | 97.8% | CN¥22.61 Billion | CN¥506.02 Million | CN¥69.06 Billion | ▲ +0.0 pp |
| 2004 | 97.7% | CN¥19.67 Billion | CN¥443.17 Million | CN¥67.85 Billion | ▼ -0.9 pp |
| 2003 | 98.7% | CN¥5.61 Billion | CN¥75.27 Million | CN¥52.77 Billion | ▲ +0.2 pp |
| 2002 | 98.5% | CN¥3.72 Billion | CN¥56.61 Million | CN¥54.87 Billion | — |