Power Construction Corp of China Ltd (601669) — Tangible Net Worth Ratio

Latest as of March 2026: 10.8%

Power Construction Corp of China Ltd (601669) has a Tangible Net Worth Ratio of 10.8% as of March 2026. This metric is calculated by deducting intangible assets (CN¥253.36 Billion) from net assets (CN¥283.99 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 Power Construction Corp of China Ltd (601669) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

10.8%
Tangible equity / total equity

Net Assets (Equity)

CN¥283.99 Billion
CNY

Intangible Assets

CN¥253.36 Billion
Goodwill, patents, brand value

Total Assets

CN¥1.40 Trillion
CNY

Power Construction Corp of China Ltd Tangible Net Worth Ratio (2007–2025)

This chart shows how Power Construction Corp of China Ltd's Tangible Net Worth Ratio has changed across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 10.8%, reflecting net assets of CN¥283.99 Billion with intangible assets of CN¥253.36 Billion CNY. See Power Construction Corp of China Ltd (601669) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Power Construction Corp of China Ltd (2007–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Power Construction Corp of China Ltd from 2007 to 2025, covering 19 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 Power Construction Corp of China Ltd stock valuation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 16.8% CN¥281.68 Billion CN¥234.41 Billion CN¥1.38 Trillion ▲ +15.8 pp
2024 1.0% CN¥271.58 Billion CN¥268.92 Billion CN¥1.29 Trillion ▲ +4.1 pp
2023 -3.1% CN¥259.65 Billion CN¥267.69 Billion CN¥1.15 Trillion ▲ +8.3 pp
2022 -11.4% CN¥240.34 Billion CN¥267.84 Billion CN¥1.04 Trillion ▼ -16.5 pp
2021 5.0% CN¥240.13 Billion CN¥228.04 Billion CN¥963.98 Billion ▼ -5.0 pp
2020 10.0% CN¥223.91 Billion CN¥201.52 Billion CN¥886.54 Billion ▲ +3.9 pp
2019 6.1% CN¥193.47 Billion CN¥181.76 Billion CN¥813.23 Billion ▲ +5.0 pp
2018 1.1% CN¥142.87 Billion CN¥141.32 Billion CN¥713.25 Billion ▼ -12.3 pp
2017 13.4% CN¥118.76 Billion CN¥102.81 Billion CN¥575.95 Billion ▼ -19.7 pp
2016 33.1% CN¥85.75 Billion CN¥57.35 Billion CN¥500.28 Billion ▼ -17.3 pp
2015 50.4% CN¥69.72 Billion CN¥34.60 Billion CN¥405.10 Billion ▼ -3.2 pp
2014 53.6% CN¥48.07 Billion CN¥22.31 Billion CN¥286.76 Billion ▼ -3.5 pp
2013 57.1% CN¥41.31 Billion CN¥17.73 Billion CN¥231.46 Billion ▲ +4.5 pp
2012 52.6% CN¥34.86 Billion CN¥16.53 Billion CN¥181.53 Billion ▲ +1.0 pp
2011 51.6% CN¥31.60 Billion CN¥15.28 Billion CN¥163.22 Billion ▲ +37.2 pp
2010 14.4% CN¥13.63 Billion CN¥11.67 Billion CN¥121.47 Billion ▼ -12.9 pp
2009 27.3% CN¥12.29 Billion CN¥8.94 Billion CN¥101.66 Billion ▼ -14.4 pp
2008 41.7% CN¥9.90 Billion CN¥5.77 Billion CN¥76.23 Billion ▼ -22.1 pp
2007 63.8% CN¥8.63 Billion CN¥3.13 Billion CN¥53.74 Billion
pp = percentage points