CRRC Corp Ltd Class A (601766) — Tangible Net Worth Ratio
CRRC Corp Ltd Class A (601766) has a Tangible Net Worth Ratio of 91.9% as of September 2025. This metric is calculated by deducting intangible assets (CN¥17.28 Billion) from net assets (CN¥212.34 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 601766 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
CRRC Corp Ltd Class A Tangible Net Worth Ratio (2005–2024)
This chart shows how CRRC Corp Ltd Class A's Tangible Net Worth Ratio has changed across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 91.9%, reflecting net assets of CN¥212.34 Billion with intangible assets of CN¥17.28 Billion CNY. See 601766 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for CRRC Corp Ltd Class A (2005–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for CRRC Corp Ltd Class A from 2005 to 2024, covering 20 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 how much is CRRC Corp Ltd Class A worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 91.6% | CN¥210.19 Billion | CN¥17.66 Billion | CN¥512.82 Billion | ▲ +0.5 pp |
| 2023 | 91.1% | CN¥196.52 Billion | CN¥17.44 Billion | CN¥471.79 Billion | ▼ 0.0 pp |
| 2022 | 91.2% | CN¥190.99 Billion | CN¥16.85 Billion | CN¥442.14 Billion | ▲ +0.6 pp |
| 2021 | 90.6% | CN¥182.29 Billion | CN¥17.21 Billion | CN¥426.83 Billion | ▲ +0.3 pp |
| 2020 | 90.3% | CN¥169.14 Billion | CN¥16.47 Billion | CN¥392.38 Billion | ▲ +0.6 pp |
| 2019 | 89.7% | CN¥158.83 Billion | CN¥16.35 Billion | CN¥383.57 Billion | ▲ +1.0 pp |
| 2018 | 88.7% | CN¥149.68 Billion | CN¥16.94 Billion | CN¥357.52 Billion | ▲ +1.4 pp |
| 2017 | 87.3% | CN¥141.87 Billion | CN¥18.02 Billion | CN¥375.17 Billion | ▲ +1.6 pp |
| 2016 | 85.7% | CN¥123.80 Billion | CN¥17.66 Billion | CN¥338.31 Billion | ▲ +1.6 pp |
| 2015 | 84.1% | CN¥113.57 Billion | CN¥18.02 Billion | CN¥311.69 Billion | ▼ -4.3 pp |
| 2014 | 88.4% | CN¥51.52 Billion | CN¥5.96 Billion | CN¥150.57 Billion | ▼ -0.2 pp |
| 2013 | 88.6% | CN¥46.15 Billion | CN¥5.26 Billion | CN¥121.13 Billion | ▲ +1.3 pp |
| 2012 | 87.3% | CN¥39.51 Billion | CN¥5.01 Billion | CN¥105.22 Billion | ▲ +4.6 pp |
| 2011 | 82.7% | CN¥28.09 Billion | CN¥4.86 Billion | CN¥92.79 Billion | ▲ +1.1 pp |
| 2010 | 81.6% | CN¥23.84 Billion | CN¥4.38 Billion | CN¥73.57 Billion | ▲ +0.8 pp |
| 2009 | 80.8% | CN¥20.36 Billion | CN¥3.91 Billion | CN¥54.99 Billion | ▼ -0.6 pp |
| 2008 | 81.4% | CN¥18.68 Billion | CN¥3.48 Billion | CN¥45.49 Billion | ▲ +29.7 pp |
| 2007 | 51.7% | CN¥6.42 Billion | CN¥3.10 Billion | CN¥32.73 Billion | ▼ -34.5 pp |
| 2006 | 86.1% | CN¥5.23 Billion | CN¥725.04 Million | CN¥26.38 Billion | ▲ +20.5 pp |
| 2005 | 65.6% | CN¥3.12 Billion | CN¥1.07 Billion | CN¥22.42 Billion | — |