China Railway Group Limited (601390) — Tangible Net Worth Ratio
China Railway Group Limited (601390) has a Tangible Net Worth Ratio of 45.4% as of March 2026. This metric is calculated by deducting intangible assets (CN¥298.53 Billion) from net assets (CN¥546.55 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 601390 total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
China Railway Group Limited Tangible Net Worth Ratio (2004–2025)
This chart shows how China Railway Group Limited's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 45.4%, reflecting net assets of CN¥546.55 Billion with intangible assets of CN¥298.53 Billion CNY. Also explore 601390 net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for China Railway Group Limited (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for China Railway Group Limited from 2004 to 2025, covering 22 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 601390 stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 44.7% | CN¥540.60 Billion | CN¥299.02 Billion | CN¥2.47 Trillion | ▼ -5.9 pp |
| 2024 | 50.6% | CN¥510.14 Billion | CN¥251.89 Billion | CN¥2.26 Trillion | ▼ -6.2 pp |
| 2023 | 56.9% | CN¥459.90 Billion | CN¥198.39 Billion | CN¥1.83 Trillion | ▼ -2.9 pp |
| 2022 | 59.7% | CN¥423.06 Billion | CN¥170.31 Billion | CN¥1.61 Trillion | ▼ -5.1 pp |
| 2021 | 64.9% | CN¥358.34 Billion | CN¥125.83 Billion | CN¥1.36 Trillion | ▼ -10.3 pp |
| 2020 | 75.2% | CN¥313.19 Billion | CN¥77.68 Billion | CN¥1.20 Trillion | ▼ -8.5 pp |
| 2019 | 83.7% | CN¥245.47 Billion | CN¥39.95 Billion | CN¥1.06 Trillion | ▲ +10.8 pp |
| 2018 | 72.9% | CN¥222.14 Billion | CN¥60.23 Billion | CN¥942.68 Billion | ▲ +2.8 pp |
| 2017 | 70.1% | CN¥169.72 Billion | CN¥50.77 Billion | CN¥844.08 Billion | ▲ +4.8 pp |
| 2016 | 65.3% | CN¥149.16 Billion | CN¥51.76 Billion | CN¥754.51 Billion | ▲ +1.8 pp |
| 2015 | 63.5% | CN¥139.40 Billion | CN¥50.84 Billion | CN¥713.67 Billion | ▲ +7.7 pp |
| 2014 | 55.8% | CN¥109.06 Billion | CN¥48.20 Billion | CN¥683.05 Billion | ▲ +1.5 pp |
| 2013 | 54.3% | CN¥96.80 Billion | CN¥44.28 Billion | CN¥628.20 Billion | ▲ +5.4 pp |
| 2012 | 48.9% | CN¥88.56 Billion | CN¥45.28 Billion | CN¥550.73 Billion | ▲ +4.8 pp |
| 2011 | 44.0% | CN¥81.35 Billion | CN¥45.52 Billion | CN¥468.73 Billion | ▼ -11.1 pp |
| 2010 | 55.1% | CN¥73.89 Billion | CN¥33.16 Billion | CN¥389.31 Billion | ▼ -5.7 pp |
| 2009 | 60.8% | CN¥66.36 Billion | CN¥26.03 Billion | CN¥311.78 Billion | ▼ -5.0 pp |
| 2008 | 65.8% | CN¥61.09 Billion | CN¥20.90 Billion | CN¥252.10 Billion | ▼ -23.7 pp |
| 2007 | 89.5% | CN¥58.93 Billion | CN¥6.16 Billion | CN¥215.21 Billion | ▲ +18.2 pp |
| 2006 | 71.4% | CN¥9.85 Billion | CN¥2.82 Billion | CN¥143.43 Billion | ▲ +5.0 pp |
| 2005 | 66.4% | CN¥8.42 Billion | CN¥2.83 Billion | CN¥103.74 Billion | ▲ +5.5 pp |
| 2004 | 60.9% | CN¥7.21 Billion | CN¥2.82 Billion | CN¥85.19 Billion | — |