CITIC Heavy Industries Co Ltd (601608) — Tangible Net Worth Ratio
CITIC Heavy Industries Co Ltd (601608) has a Tangible Net Worth Ratio of 87.4% as of September 2025. This metric is calculated by deducting intangible assets (CN¥1.19 Billion) from net assets (CN¥9.44 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 601608 net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
CITIC Heavy Industries Co Ltd Tangible Net Worth Ratio (2009–2024)
This chart shows how CITIC Heavy Industries Co Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 87.4%, reflecting net assets of CN¥9.44 Billion with intangible assets of CN¥1.19 Billion CNY. Also explore 601608 net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for CITIC Heavy Industries Co Ltd (2009–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for CITIC Heavy Industries Co Ltd from 2009 to 2024, covering 16 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 market value of CITIC Heavy Industries Co Ltd.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 88.4% | CN¥9.24 Billion | CN¥1.07 Billion | CN¥19.68 Billion | ▲ +0.7 pp |
| 2023 | 87.7% | CN¥8.24 Billion | CN¥1.01 Billion | CN¥18.35 Billion | ▼ -0.4 pp |
| 2022 | 88.2% | CN¥7.84 Billion | CN¥927.78 Million | CN¥19.50 Billion | ▲ +0.7 pp |
| 2021 | 87.5% | CN¥7.74 Billion | CN¥966.97 Million | CN¥20.38 Billion | ▲ +0.8 pp |
| 2020 | 86.7% | CN¥7.64 Billion | CN¥1.02 Billion | CN¥20.20 Billion | ▲ +0.6 pp |
| 2019 | 86.1% | CN¥7.49 Billion | CN¥1.04 Billion | CN¥20.76 Billion | ▲ +0.8 pp |
| 2018 | 85.3% | CN¥7.35 Billion | CN¥1.08 Billion | CN¥19.66 Billion | ▼ -0.1 pp |
| 2017 | 85.4% | CN¥7.31 Billion | CN¥1.07 Billion | CN¥19.74 Billion | ▼ -0.2 pp |
| 2016 | 85.6% | CN¥7.22 Billion | CN¥1.04 Billion | CN¥19.77 Billion | ▼ -3.5 pp |
| 2015 | 89.1% | CN¥8.79 Billion | CN¥954.29 Million | CN¥20.76 Billion | ▲ +1.7 pp |
| 2014 | 87.5% | CN¥7.85 Billion | CN¥985.37 Million | CN¥19.83 Billion | ▲ +0.5 pp |
| 2013 | 86.9% | CN¥7.86 Billion | CN¥1.03 Billion | CN¥17.59 Billion | ▲ +0.8 pp |
| 2012 | 86.2% | CN¥7.51 Billion | CN¥1.04 Billion | CN¥16.45 Billion | ▲ +16.3 pp |
| 2011 | 69.9% | CN¥3.52 Billion | CN¥1.06 Billion | CN¥12.93 Billion | ▲ +2.8 pp |
| 2010 | 67.2% | CN¥2.73 Billion | CN¥897.39 Million | CN¥12.47 Billion | ▲ +11.5 pp |
| 2009 | 55.6% | CN¥2.08 Billion | CN¥922.32 Million | CN¥11.89 Billion | — |