Western Mining Co Ltd (601168) — Tangible Net Worth Ratio

Latest as of March 2026: 47.7%

Western Mining Co Ltd (601168) has a Tangible Net Worth Ratio of 47.7% as of March 2026. This metric is calculated by deducting intangible assets (CN¥14.51 Billion) from net assets (CN¥27.72 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 601168 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

47.7%
Tangible equity / total equity

Net Assets (Equity)

CN¥27.72 Billion
CNY

Intangible Assets

CN¥14.51 Billion
Goodwill, patents, brand value

Total Assets

CN¥66.82 Billion
CNY

Western Mining Co Ltd Tangible Net Worth Ratio (2002–2025)

This chart shows how Western Mining 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 47.7%, reflecting net assets of CN¥27.72 Billion with intangible assets of CN¥14.51 Billion CNY. See 601168 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Western Mining Co Ltd (2002–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Western Mining 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 601168 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 80.1% CN¥25.60 Billion CN¥5.08 Billion CN¥59.61 Billion ▲ +7.1 pp
2024 73.0% CN¥22.76 Billion CN¥6.14 Billion CN¥54.94 Billion ▼ -1.7 pp
2023 74.7% CN¥20.34 Billion CN¥5.14 Billion CN¥52.07 Billion ▲ +5.0 pp
2022 69.7% CN¥20.56 Billion CN¥6.23 Billion CN¥52.82 Billion ▲ +2.3 pp
2021 67.4% CN¥18.27 Billion CN¥5.97 Billion CN¥49.95 Billion ▲ +3.9 pp
2020 63.5% CN¥15.64 Billion CN¥5.71 Billion CN¥47.90 Billion ▲ +1.9 pp
2019 61.6% CN¥14.41 Billion CN¥5.54 Billion CN¥44.52 Billion ▲ +7.4 pp
2018 54.2% CN¥11.40 Billion CN¥5.22 Billion CN¥39.51 Billion ▼ -33.3 pp
2017 87.5% CN¥12.85 Billion CN¥1.60 Billion CN¥32.30 Billion ▲ +1.3 pp
2016 86.3% CN¥13.17 Billion CN¥1.81 Billion CN¥32.17 Billion ▲ +1.4 pp
2015 84.9% CN¥12.44 Billion CN¥1.88 Billion CN¥28.57 Billion ▲ +0.1 pp
2014 84.7% CN¥12.04 Billion CN¥1.84 Billion CN¥25.83 Billion ▼ -0.1 pp
2013 84.9% CN¥12.00 Billion CN¥1.82 Billion CN¥28.18 Billion ▲ +2.2 pp
2012 82.6% CN¥11.91 Billion CN¥2.07 Billion CN¥26.15 Billion ▲ +3.1 pp
2011 79.6% CN¥12.37 Billion CN¥2.53 Billion CN¥26.51 Billion ▼ -0.5 pp
2010 80.1% CN¥11.88 Billion CN¥2.37 Billion CN¥22.46 Billion ▼ -3.0 pp
2009 83.1% CN¥11.11 Billion CN¥1.88 Billion CN¥19.07 Billion ▼ -2.2 pp
2008 85.3% CN¥10.76 Billion CN¥1.58 Billion CN¥17.41 Billion ▼ -1.3 pp
2007 86.6% CN¥10.69 Billion CN¥1.44 Billion CN¥15.79 Billion ▼ -0.5 pp
2006 87.1% CN¥3.32 Billion CN¥428.80 Million CN¥9.23 Billion ▲ +14.7 pp
2005 72.4% CN¥1.95 Billion CN¥538.82 Million CN¥6.75 Billion ▼ -5.6 pp
2004 78.0% CN¥1.38 Billion CN¥303.83 Million CN¥4.21 Billion ▲ +1.7 pp
2003 76.3% CN¥579.43 Million CN¥137.27 Million CN¥1.46 Billion ▼ -5.3 pp
2002 81.6% CN¥277.48 Million CN¥50.96 Million CN¥898.12 Million
pp = percentage points