PetroChina Co Ltd Class A (601857) — Tangible Net Worth Ratio
PetroChina Co Ltd Class A (601857) has a Tangible Net Worth Ratio of 94.8% as of June 2025. This metric is calculated by deducting intangible assets (CN¥91.70 Billion) from net assets (CN¥1.75 Trillion) 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 PetroChina Co Ltd Class A (601857) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
PetroChina Co Ltd Class A Tangible Net Worth Ratio (2014–2024)
This chart shows how PetroChina Co Ltd Class A's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 94.8%, reflecting net assets of CN¥1.75 Trillion with intangible assets of CN¥91.70 Billion CNY. See PetroChina Co Ltd Class A defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for PetroChina Co Ltd Class A (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for PetroChina Co Ltd Class A from 2014 to 2024, covering 11 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 601857 market cap overview.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.6% | CN¥1.71 Trillion | CN¥92.79 Billion | CN¥2.75 Trillion | ▲ +0.3 pp |
| 2023 | 94.3% | CN¥1.63 Trillion | CN¥92.74 Billion | CN¥2.75 Trillion | ▼ -4.2 pp |
| 2022 | 98.5% | CN¥1.54 Trillion | CN¥22.31 Billion | CN¥2.67 Trillion | ▲ +0.0 pp |
| 2021 | 98.5% | CN¥1.41 Trillion | CN¥21.02 Billion | CN¥2.50 Trillion | ▲ +0.0 pp |
| 2020 | 98.5% | CN¥1.37 Trillion | CN¥20.52 Billion | CN¥2.49 Trillion | ▼ -0.1 pp |
| 2019 | 98.6% | CN¥1.44 Trillion | CN¥19.58 Billion | CN¥2.73 Trillion | ▲ +4.1 pp |
| 2018 | 94.5% | CN¥1.41 Trillion | CN¥77.11 Billion | CN¥2.43 Trillion | ▼ -4.2 pp |
| 2017 | 98.7% | CN¥1.38 Trillion | CN¥17.67 Billion | CN¥2.40 Trillion | ▲ +3.9 pp |
| 2016 | 94.8% | CN¥1.37 Trillion | CN¥71.33 Billion | CN¥2.40 Trillion | ▼ -3.8 pp |
| 2015 | 98.6% | CN¥1.34 Trillion | CN¥18.18 Billion | CN¥2.39 Trillion | ▲ +3.4 pp |
| 2014 | 95.2% | CN¥212.41 Billion | CN¥10.15 Billion | CN¥387.73 Billion | — |