Metallurgical Corporation of China Ltd (601618) — Tangible Net Worth Ratio
Metallurgical Corporation of China Ltd (601618) has a Tangible Net Worth Ratio of 74.1% as of September 2025. This metric is calculated by deducting intangible assets (CN¥34.75 Billion) from net assets (CN¥134.22 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 Metallurgical Corporation of China Ltd shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Metallurgical Corporation of China Ltd Tangible Net Worth Ratio (2004–2024)
This chart shows how Metallurgical Corporation of China Ltd's Tangible Net Worth Ratio has changed across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 74.1%, reflecting net assets of CN¥134.22 Billion with intangible assets of CN¥34.75 Billion CNY. Also explore Metallurgical Corporation of China Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Metallurgical Corporation of China Ltd (2004–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Metallurgical Corporation of China Ltd from 2004 to 2024, covering 21 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 Metallurgical Corporation of China Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 81.6% | CN¥182.34 Billion | CN¥33.64 Billion | CN¥808.02 Billion | ▼ -4.8 pp |
| 2023 | 86.4% | CN¥167.99 Billion | CN¥22.85 Billion | CN¥661.60 Billion | ▲ +0.0 pp |
| 2022 | 86.4% | CN¥161.91 Billion | CN¥22.03 Billion | CN¥585.38 Billion | ▲ +0.2 pp |
| 2021 | 86.2% | CN¥151.39 Billion | CN¥20.88 Billion | CN¥543.47 Billion | ▼ -1.3 pp |
| 2020 | 87.5% | CN¥140.36 Billion | CN¥17.49 Billion | CN¥506.39 Billion | ▲ +1.0 pp |
| 2019 | 86.5% | CN¥116.91 Billion | CN¥15.80 Billion | CN¥458.51 Billion | ▲ +2.2 pp |
| 2018 | 84.3% | CN¥102.67 Billion | CN¥16.13 Billion | CN¥438.92 Billion | ▲ +0.1 pp |
| 2017 | 84.2% | CN¥97.32 Billion | CN¥15.42 Billion | CN¥414.57 Billion | ▲ +1.5 pp |
| 2016 | 82.7% | CN¥83.11 Billion | CN¥14.42 Billion | CN¥377.49 Billion | ▲ +3.1 pp |
| 2015 | 79.6% | CN¥71.16 Billion | CN¥14.53 Billion | CN¥343.76 Billion | ▲ +5.4 pp |
| 2014 | 74.2% | CN¥58.02 Billion | CN¥14.97 Billion | CN¥325.98 Billion | ▲ +2.0 pp |
| 2013 | 72.3% | CN¥55.07 Billion | CN¥15.28 Billion | CN¥322.88 Billion | ▲ +1.5 pp |
| 2012 | 70.8% | CN¥52.80 Billion | CN¥15.44 Billion | CN¥326.23 Billion | ▲ +4.6 pp |
| 2011 | 66.1% | CN¥58.17 Billion | CN¥19.70 Billion | CN¥332.03 Billion | ▲ +1.3 pp |
| 2010 | 64.8% | CN¥53.51 Billion | CN¥18.84 Billion | CN¥288.22 Billion | ▼ -1.7 pp |
| 2009 | 66.5% | CN¥46.16 Billion | CN¥15.48 Billion | CN¥230.48 Billion | ▲ +94.8 pp |
| 2008 | -28.4% | CN¥10.15 Billion | CN¥13.03 Billion | CN¥172.68 Billion | ▼ -105.3 pp |
| 2007 | 76.9% | CN¥21.20 Billion | CN¥4.90 Billion | CN¥155.58 Billion | ▼ -12.2 pp |
| 2006 | 89.1% | CN¥13.65 Billion | CN¥1.49 Billion | CN¥82.96 Billion | ▼ -0.4 pp |
| 2005 | 89.5% | CN¥9.31 Billion | CN¥981.15 Million | CN¥62.33 Billion | ▼ -6.0 pp |
| 2004 | 95.5% | CN¥5.07 Billion | CN¥229.52 Million | CN¥42.60 Billion | — |