Air China Ltd Class A (601111) — Tangible Net Worth Ratio

Latest as of March 2026: 84.9%

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. See shareholders equity of Air China Ltd Class A for net asset value and shareholders' equity analysis.

Tangible NW Ratio

84.9%
Tangible equity / total equity

Net Assets (Equity)

CN¥40.73 Billion
CNY

Intangible Assets

CN¥6.14 Billion
Goodwill, patents, brand value

Total Assets

CN¥344.27 Billion
CNY

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 net asset momentum 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. For the full company profile including market capitalisation, see 601111 market cap.

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
pp = percentage points