Sinotrans Ltd Class A (601598) — Tangible Net Worth Ratio

Latest as of September 2025: 84.4%

Sinotrans Ltd Class A (601598) has a Tangible Net Worth Ratio of 84.4% as of September 2025. This metric is calculated by deducting intangible assets (CN¥6.62 Billion) from net assets (CN¥42.50 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 601598 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

84.4%
Tangible equity / total equity

Net Assets (Equity)

CN¥42.50 Billion
CNY

Intangible Assets

CN¥6.62 Billion
Goodwill, patents, brand value

Total Assets

CN¥81.77 Billion
CNY

Sinotrans Ltd Class A Tangible Net Worth Ratio (2001–2024)

This chart shows how Sinotrans Ltd Class A's Tangible Net Worth Ratio has changed across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 84.4%, reflecting net assets of CN¥42.50 Billion with intangible assets of CN¥6.62 Billion CNY. See 601598 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Sinotrans Ltd Class A (2001–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Sinotrans Ltd Class A from 2001 to 2024, 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 Sinotrans Ltd Class A (601598) market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2024 84.4% CN¥42.04 Billion CN¥6.57 Billion CN¥77.20 Billion ▲ +0.3 pp
2023 84.1% CN¥40.12 Billion CN¥6.40 Billion CN¥75.89 Billion ▲ +1.5 pp
2022 82.6% CN¥36.87 Billion CN¥6.43 Billion CN¥77.83 Billion ▲ +0.8 pp
2021 81.8% CN¥35.05 Billion CN¥6.39 Billion CN¥74.30 Billion ▲ +1.3 pp
2020 80.5% CN¥32.25 Billion CN¥6.29 Billion CN¥65.82 Billion ▼ -0.1 pp
2019 80.6% CN¥30.25 Billion CN¥5.88 Billion CN¥61.89 Billion ▼ -0.4 pp
2018 81.0% CN¥27.85 Billion CN¥5.30 Billion CN¥61.49 Billion ▼ -17.5 pp
2017 98.5% CN¥25.58 Billion CN¥383.51 Million CN¥62.10 Billion ▼ -1.1 pp
2016 99.6% CN¥19.63 Billion CN¥83.31 Million CN¥37.37 Billion ▲ +0.0 pp
2015 99.5% CN¥18.46 Billion CN¥86.51 Million CN¥35.08 Billion ▲ +0.1 pp
2014 99.5% CN¥16.31 Billion CN¥88.40 Million CN¥32.71 Billion ▼ 0.0 pp
2013 99.5% CN¥13.42 Billion CN¥70.45 Million CN¥29.89 Billion ▼ -0.1 pp
2012 99.5% CN¥12.73 Billion CN¥57.61 Million CN¥29.29 Billion ▲ +18.3 pp
2011 81.2% CN¥11.98 Billion CN¥2.25 Billion CN¥26.80 Billion ▼ -1.8 pp
2010 83.0% CN¥12.04 Billion CN¥2.05 Billion CN¥25.09 Billion ▼ -5.7 pp
2009 88.7% CN¥10.70 Billion CN¥1.21 Billion CN¥21.20 Billion ▲ +0.8 pp
2008 88.0% CN¥9.84 Billion CN¥1.18 Billion CN¥20.23 Billion ▼ -0.3 pp
2007 88.2% CN¥8.88 Billion CN¥1.05 Billion CN¥20.30 Billion ▼ -4.0 pp
2006 92.2% CN¥9.22 Billion CN¥720.00 Million CN¥15.95 Billion ▼ -2.0 pp
2005 94.2% CN¥8.51 Billion CN¥496.71 Million CN¥14.74 Billion ▼ -1.4 pp
2004 95.6% CN¥7.82 Billion CN¥345.98 Million CN¥13.08 Billion ▼ -3.7 pp
2003 99.3% CN¥7.01 Billion CN¥49.52 Million CN¥11.91 Billion ▲ +0.1 pp
2002 99.2% CN¥2.55 Billion CN¥20.71 Million CN¥7.39 Billion ▼ -0.4 pp
2001 99.6% CN¥2.35 Billion CN¥9.23 Million CN¥6.16 Billion
pp = percentage points