Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
China Petroleum & Chemical Corp Class A
Physical assets are 61.3% of total assets, a heavy footprint. Capex is 1.04x depreciation and free cash flow yield is still positive, which fits a physical base that is being replaced or expanded without consuming all of its cash. EBITDA after capex covers debt service by 0.27x, which is below 1.
Energy, materials, and industrial names often turn net PP&E at about 1x to 3x. This name is at 2.26x.
Physical asset ratio
61.3%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1,129.58BpropertyPlantAndEquipmentNetInventoryCNY 230.81BinventoryTotal assetsCNY 2,218.61BtotalAssetsResult 61.3%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
2.26xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenueCNY 2,547.62BtotalRevenueNet PP&ECNY 1,129.58BpropertyPlantAndEquipmentNetResult 2.26x
Revenue per dollar of the physical asset base.
Capex / D&A
1.04xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapexCNY 133.63BcapitalExpendituresD&ACNY 128.00BdepreciationAndAmortizationResult 1.04x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
CNY 6.90Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 2,218.61BtotalAssetsGoodwillCNY 5.48BgoodWillIntangiblesCNY 148.26BintangibleAssetsLiabilitiesCNY 1,228.84BtotalLiabTangible bookCNY 836.04BShares121,187,000,000commonStockSharesOutstandingResult CNY 6.90
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
0.84xPrice / tangible bookPrice / tangible book per sharePriceCNY 5.80Latest quoteTangible book / shareCNY 6.902025-12-31Result 0.84x
Price CNY 5.80.
Fixed-charge coverage
0.27xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 171.56BebitdaCapexCNY 133.63BcapitalExpendituresInterestCNY 18.41BinterestExpenseShort-term debtCNY 120.26BshortLongTermDebtEBITDA − capexCNY 37.94BPrincipal due is the current portion of debt.Result 0.27x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
6.0%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flowCNY 42.05BfreeCashFlowMarket capCNY 699.96BMarketCapitalizationResult 6.0%
Latest free cash flow divided by current market cap (CNY 699.96B).
ROIC
3.4%ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 43.56BoperatingIncomeTax expenseCNY 7.93BincomeTaxExpensePretax incomeCNY 43.18BincomeBeforeTaxTax rate18.4%EquityCNY 830.32BtotalStockholderEquityDebtCNY 355.52BlongTermDebt + shortLongTermDebtCashCNY 152.32BcashAndShortTermInvestmentsInvested capitalCNY 1,033.52BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 3.4%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.04x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 59.3%Physical asset ratio · 2018-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 760.23BpropertyPlantAndEquipmentNetInventoryCNY 184.58BinventoryTotal assetsCNY 1,592.31BtotalAssetsResult 59.3% | 3.80xFixed asset turnover · 2018-12-31Revenue / net PP&ERevenueCNY 2,890.12BtotalRevenueNet PP&ECNY 760.23BpropertyPlantAndEquipmentNetResult 3.80x | 0.83xCapex / D&A · 2018-12-31Capital expenditures / depreciation and amortizationCapexCNY 94.75BcapitalExpendituresD&ACNY 113.99BdepreciationAndAmortizationResult 0.83x | CNY 6.71Tangible book / share · 2018-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 1,592.31BtotalAssetsGoodwillCNY 8.68BgoodWillIntangiblesCNY 34.93BintangibleAssetsLiabilitiesCNY 735.77BtotalLiabTangible bookCNY 812.93BShares121,071,209,646commonStockSharesOutstandingResult CNY 6.71 | 1.46xFixed-charge coverage · 2018-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 192.74BebitdaCapexCNY 94.75BcapitalExpendituresInterestCNY 5.96BinterestExpenseShort-term debtCNY 61.13BshortTermDebtEBITDA − capexCNY 97.98BPrincipal due is short-term debt.Result 1.46x | CNY 81.12BFree cash flow · 2018-12-31Reported free cash flowOperating cash flowCNY 175.87BtotalCashFromOperatingActivitiesCapexCNY 94.75BcapitalExpendituresFree cash flowCNY 81.12BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 81.12B | 9.6%ROIC · 2018-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 82.26BoperatingIncomeTax expenseCNY 20.21BincomeTaxExpensePretax incomeCNY 99.11BincomeBeforeTaxTax rate20.4%EquityCNY 717.28BtotalStockholderEquityDebtCNY 154.65BshortLongTermDebtTotalCashCNY 192.75BcashAndShortTermInvestmentsInvested capitalCNY 679.19BResult 9.6% | 0.11xEBIT / PP&E · 2018-12-31Operating income / net PP&EOperating incomeCNY 82.26BoperatingIncomeNet PP&ECNY 760.23BpropertyPlantAndEquipmentNetResult 0.11x |
| 2019 | 71.9%Physical asset ratio · 2019-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1,071.43BpropertyPlantAndEquipmentNetInventoryCNY 194.14BinventoryTotal assetsCNY 1,760.29BtotalAssetsResult 71.9% | 2.76xFixed asset turnover · 2019-12-31Revenue / net PP&ERevenueCNY 2,958.57BtotalRevenueNet PP&ECNY 1,071.43BpropertyPlantAndEquipmentNetResult 2.76x | 1.38xCapex / D&A · 2019-12-31Capital expenditures / depreciation and amortizationCapexCNY 129.65BcapitalExpendituresD&ACNY 94.20BdepreciationAndAmortizationResult 1.38x | CNY 6.89Tangible book / share · 2019-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 1,760.29BtotalAssetsGoodwillCNY 8.70BgoodWillIntangiblesCNY 34.01BintangibleAssetsLiabilitiesCNY 882.98BtotalLiabTangible bookCNY 834.59BShares121,071,210,000commonStockSharesOutstandingResult CNY 6.89 | 0.47xFixed-charge coverage · 2019-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 176.10BebitdaCapexCNY 129.65BcapitalExpendituresInterestCNY 15.67BinterestExpenseShort-term debtCNY 83.81BshortLongTermDebtEBITDA − capexCNY 46.45BPrincipal due is the current portion of debt.Result 0.47x | CNY 23.78BFree cash flow · 2019-12-31Reported free cash flowOperating cash flowCNY 153.42BtotalCashFromOperatingActivitiesCapexCNY 129.65BcapitalExpendituresFree cash flowCNY 23.78BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 23.78B | 9.3%ROIC · 2019-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 86.37BoperatingIncomeTax expenseCNY 17.94BincomeTaxExpensePretax incomeCNY 90.02BincomeBeforeTaxTax rate19.9%EquityCNY 738.95BtotalStockholderEquityDebtCNY 142.59BlongTermDebt + shortLongTermDebtCashCNY 140.03BcashAndShortTermInvestmentsInvested capitalCNY 741.51BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 9.3% | 0.08xEBIT / PP&E · 2019-12-31Operating income / net PP&EOperating incomeCNY 86.37BoperatingIncomeNet PP&ECNY 1,071.43BpropertyPlantAndEquipmentNetResult 0.08x |
| 2020 | 65.7%Physical asset ratio · 2020-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 991.01BpropertyPlantAndEquipmentNetInventoryCNY 152.19BinventoryTotal assetsCNY 1,738.90BtotalAssetsResult 65.7% | 2.12xFixed asset turnover · 2020-12-31Revenue / net PP&ERevenueCNY 2,104.90BtotalRevenueNet PP&ECNY 991.01BpropertyPlantAndEquipmentNetResult 2.12x | 1.23xCapex / D&A · 2020-12-31Capital expenditures / depreciation and amortizationCapexCNY 117.87BcapitalExpendituresD&ACNY 96.10BdepreciationAndAmortizationResult 1.23x | CNY 7.00Tangible book / share · 2020-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 1,738.90BtotalAssetsGoodwillCNY 8.62BgoodWillIntangiblesCNY 31.86BintangibleAssetsLiabilitiesCNY 851.19BtotalLiabTangible bookCNY 847.23BShares121,071,210,000commonStockSharesOutstandingResult CNY 7.00 | -0.17xFixed-charge coverage · 2020-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 110.42BebitdaCapexCNY 117.87BcapitalExpendituresInterestCNY 13.85BinterestExpenseShort-term debtCNY 29.03BshortLongTermDebtEBITDA − capex-CNY 7.46BPrincipal due is the current portion of debt.Result -0.17x | CNY 49.64BFree cash flow · 2020-12-31Reported free cash flowOperating cash flowCNY 167.52BtotalCashFromOperatingActivitiesCapexCNY 117.87BcapitalExpendituresFree cash flowCNY 49.64BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 49.64B | 1.7%ROIC · 2020-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 13.19BoperatingIncomeTax expenseCNY 6.22BincomeTaxExpensePretax incomeCNY 48.14BincomeBeforeTaxTax rate12.9%EquityCNY 746.33BtotalStockholderEquityDebtCNY 112.85BlongTermDebt + shortLongTermDebtCashCNY 196.79BcashAndShortTermInvestmentsInvested capitalCNY 662.38BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 1.7% | 0.01xEBIT / PP&E · 2020-12-31Operating income / net PP&EOperating incomeCNY 13.19BoperatingIncomeNet PP&ECNY 991.01BpropertyPlantAndEquipmentNetResult 0.01x |
| 2021 | 65.5%Physical asset ratio · 2021-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1,030.74BpropertyPlantAndEquipmentNetInventoryCNY 207.43BinventoryTotal assetsCNY 1,889.26BtotalAssetsResult 65.5% | 2.66xFixed asset turnover · 2021-12-31Revenue / net PP&ERevenueCNY 2,739.49BtotalRevenueNet PP&ECNY 1,030.74BpropertyPlantAndEquipmentNetResult 2.66x | 1.47xCapex / D&A · 2021-12-31Capital expenditures / depreciation and amortizationCapexCNY 144.92BcapitalExpendituresD&ACNY 98.85BdepreciationAndAmortizationResult 1.47x | CNY 7.24Tangible book / share · 2021-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 1,889.26BtotalAssetsGoodwillCNY 8.59BgoodWillIntangiblesCNY 29.71BintangibleAssetsLiabilitiesCNY 974.18BtotalLiabTangible bookCNY 876.77BShares121,071,210,000commonStockSharesOutstandingResult CNY 7.24 | 1.19xFixed-charge coverage · 2021-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 206.58BebitdaCapexCNY 144.92BcapitalExpendituresInterestCNY 13.88BinterestExpenseShort-term debtCNY 38.13BshortLongTermDebtEBITDA − capexCNY 61.66BPrincipal due is the current portion of debt.Result 1.19x | CNY 80.25BFree cash flow · 2021-12-31Reported free cash flowOperating cash flowCNY 225.17BtotalCashFromOperatingActivitiesCapexCNY 144.92BcapitalExpendituresFree cash flowCNY 80.25BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 80.25B | 11.0%ROIC · 2021-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 94.63BoperatingIncomeTax expenseCNY 23.32BincomeTaxExpensePretax incomeCNY 109.17BincomeBeforeTaxTax rate21.4%EquityCNY 774.18BtotalStockholderEquityDebtCNY 130.12BlongTermDebt + shortLongTermDebtCashCNY 227.93BcashAndShortTermInvestmentsInvested capitalCNY 676.37BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 11.0% | 0.09xEBIT / PP&E · 2021-12-31Operating income / net PP&EOperating incomeCNY 94.63BoperatingIncomeNet PP&ECNY 1,030.74BpropertyPlantAndEquipmentNetResult 0.09x |
| 2022 | 68.9%Physical asset ratio · 2022-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1,099.11BpropertyPlantAndEquipmentNetInventoryCNY 244.24BinventoryTotal assetsCNY 1,951.12BtotalAssetsResult 68.9% | 3.02xFixed asset turnover · 2022-12-31Revenue / net PP&ERevenueCNY 3,316.95BtotalRevenueNet PP&ECNY 1,099.11BpropertyPlantAndEquipmentNetResult 3.02x | 1.62xCapex / D&A · 2022-12-31Capital expenditures / depreciation and amortizationCapexCNY 153.74BcapitalExpendituresD&ACNY 95.10BdepreciationAndAmortizationResult 1.62x | CNY 7.49Tangible book / share · 2022-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 1,951.12BtotalAssetsGoodwillCNY 6.46BgoodWillIntangiblesCNY 28.01BintangibleAssetsLiabilitiesCNY 1,011.58BtotalLiabTangible bookCNY 905.07BShares120,889,000,000commonStockSharesOutstandingResult CNY 7.49 | 0.25xFixed-charge coverage · 2022-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 174.57BebitdaCapexCNY 153.74BcapitalExpendituresInterestCNY 15.67BinterestExpenseShort-term debtCNY 66.33BshortLongTermDebtEBITDA − capexCNY 20.82BPrincipal due is the current portion of debt.Result 0.25x | -CNY 37.48BFree cash flow · 2022-12-31Reported free cash flowOperating cash flowCNY 116.27BtotalCashFromOperatingActivitiesCapexCNY 153.74BcapitalExpendituresFree cash flow-CNY 37.48BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -CNY 37.48B | 7.6%ROIC · 2022-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 75.84BoperatingIncomeTax expenseCNY 17.90BincomeTaxExpensePretax incomeCNY 94.40BincomeBeforeTaxTax rate19.0%EquityCNY 787.60BtotalStockholderEquityDebtCNY 174.29BlongTermDebt + shortLongTermDebtCashCNY 148.56BcashAndShortTermInvestmentsInvested capitalCNY 813.33BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 7.6% | 0.07xEBIT / PP&E · 2022-12-31Operating income / net PP&EOperating incomeCNY 75.84BoperatingIncomeNet PP&ECNY 1,099.11BpropertyPlantAndEquipmentNetResult 0.07x |
| 2023 | 68.7%Physical asset ratio · 2023-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1,139.40BpropertyPlantAndEquipmentNetInventoryCNY 250.90BinventoryTotal assetsCNY 2,024.70BtotalAssetsResult 68.7% | 2.82xFixed asset turnover · 2023-12-31Revenue / net PP&ERevenueCNY 3,212.22BtotalRevenueNet PP&ECNY 1,139.40BpropertyPlantAndEquipmentNetResult 2.82x | 1.79xCapex / D&A · 2023-12-31Capital expenditures / depreciation and amortizationCapexCNY 171.49BcapitalExpendituresD&ACNY 95.97BdepreciationAndAmortizationResult 1.79x | CNY 7.71Tangible book / share · 2023-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 2,024.70BtotalAssetsGoodwillCNY 6.47BgoodWillIntangiblesCNY 26.18BintangibleAssetsLiabilitiesCNY 1,068.89BtotalLiabTangible bookCNY 923.15BShares119,811,000,000commonStockSharesOutstandingResult CNY 7.71 | 0.08xFixed-charge coverage · 2023-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 178.13BebitdaCapexCNY 171.49BcapitalExpendituresInterestCNY 16.97BinterestExpenseShort-term debtCNY 70.97BshortLongTermDebtEBITDA − capexCNY 6.64BPrincipal due is the current portion of debt.Result 0.08x | -CNY 10.02BFree cash flow · 2023-12-31Reported free cash flowOperating cash flowCNY 161.48BtotalCashFromOperatingActivitiesCapexCNY 171.49BcapitalExpendituresFree cash flow-CNY 10.02BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -CNY 10.02B | 7.8%ROIC · 2023-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 86.83BoperatingIncomeTax expenseCNY 16.07BincomeTaxExpensePretax incomeCNY 83.93BincomeBeforeTaxTax rate19.1%EquityCNY 802.99BtotalStockholderEquityDebtCNY 258.83BlongTermDebt + shortLongTermDebtCashCNY 165.76BcashAndShortTermInvestmentsInvested capitalCNY 896.06BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 7.8% | 0.08xEBIT / PP&E · 2023-12-31Operating income / net PP&EOperating incomeCNY 86.83BoperatingIncomeNet PP&ECNY 1,139.40BpropertyPlantAndEquipmentNetResult 0.08x |
| 2024 | 69.3%Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1,185.97BpropertyPlantAndEquipmentNetInventoryCNY 256.60BinventoryTotal assetsCNY 2,081.44BtotalAssetsResult 69.3% | 2.59xFixed asset turnover · 2024-12-31Revenue / net PP&ERevenueCNY 3,074.56BtotalRevenueNet PP&ECNY 1,185.97BpropertyPlantAndEquipmentNetResult 2.59x | 1.38xCapex / D&A · 2024-12-31Capital expenditures / depreciation and amortizationCapexCNY 139.21BcapitalExpendituresD&ACNY 101.07BdepreciationAndAmortizationResult 1.38x | CNY 7.77Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 2,081.44BtotalAssetsGoodwillCNY 6.49BgoodWillIntangiblesCNY 24.08BintangibleAssetsLiabilitiesCNY 1,109.29BtotalLiabTangible bookCNY 941.58BShares121,138,000,000commonStockSharesOutstandingResult CNY 7.77 | 0.27xFixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 169.15BebitdaCapexCNY 139.21BcapitalExpendituresInterestCNY 17.82BinterestExpenseShort-term debtCNY 92.46BshortLongTermDebtEBITDA − capexCNY 29.95BPrincipal due is the current portion of debt.Result 0.27x | CNY 10.15BFree cash flow · 2024-12-31Reported free cash flowOperating cash flowCNY 149.36BtotalCashFromOperatingActivitiesCapexCNY 139.21BcapitalExpendituresFree cash flowCNY 10.15BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 10.15B | 5.9%ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 70.69BoperatingIncomeTax expenseCNY 12.97BincomeTaxExpensePretax incomeCNY 69.14BincomeBeforeTaxTax rate18.8%EquityCNY 815.82BtotalStockholderEquityDebtCNY 302.96BlongTermDebt + shortLongTermDebtCashCNY 148.20BcashAndShortTermInvestmentsInvested capitalCNY 970.58BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 5.9% | 0.06xEBIT / PP&E · 2024-12-31Operating income / net PP&EOperating incomeCNY 70.69BoperatingIncomeNet PP&ECNY 1,185.97BpropertyPlantAndEquipmentNetResult 0.06x |
| 2025 | 61.3%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1,129.58BpropertyPlantAndEquipmentNetInventoryCNY 230.81BinventoryTotal assetsCNY 2,218.61BtotalAssetsResult 61.3% | 2.26xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenueCNY 2,547.62BtotalRevenueNet PP&ECNY 1,129.58BpropertyPlantAndEquipmentNetResult 2.26x | 1.04xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapexCNY 133.63BcapitalExpendituresD&ACNY 128.00BdepreciationAndAmortizationResult 1.04x | CNY 6.90Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 2,218.61BtotalAssetsGoodwillCNY 5.48BgoodWillIntangiblesCNY 148.26BintangibleAssetsLiabilitiesCNY 1,228.84BtotalLiabTangible bookCNY 836.04BShares121,187,000,000commonStockSharesOutstandingResult CNY 6.90 | 0.27xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 171.56BebitdaCapexCNY 133.63BcapitalExpendituresInterestCNY 18.41BinterestExpenseShort-term debtCNY 120.26BshortLongTermDebtEBITDA − capexCNY 37.94BPrincipal due is the current portion of debt.Result 0.27x | CNY 42.05BFree cash flow · 2025-12-31Reported free cash flowOperating cash flowCNY 175.68BtotalCashFromOperatingActivitiesCapexCNY 133.63BcapitalExpendituresFree cash flowCNY 42.05BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 42.05B | 3.4%ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 43.56BoperatingIncomeTax expenseCNY 7.93BincomeTaxExpensePretax incomeCNY 43.18BincomeBeforeTaxTax rate18.4%EquityCNY 830.32BtotalStockholderEquityDebtCNY 355.52BlongTermDebt + shortLongTermDebtCashCNY 152.32BcashAndShortTermInvestmentsInvested capitalCNY 1,033.52BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 3.4% | 0.04xEBIT / PP&E · 2025-12-31Operating income / net PP&EOperating incomeCNY 43.56BoperatingIncomeNet PP&ECNY 1,129.58BpropertyPlantAndEquipmentNetResult 0.04x |
- Principal due is the current portion of debt.
Latest year inputs (2025)
Net PP&E: CNY 1,129.58B
Inventory: CNY 230.81B
Total assets: CNY 2,218.61B
Goodwill: CNY 5.48B
Intangibles: CNY 148.26B
Liabilities: CNY 1,228.84B
Tangible book: CNY 836.04B
Shares: 121,187,000,000
Revenue: CNY 2,547.62B
Capex: CNY 133.63B
D&A: CNY 128.00B
EBITDA: CNY 171.56B
Interest: CNY 18.41B
Short-term debt: CNY 120.26B
Free cash flow: CNY 42.05B
Operating income: CNY 43.56B
Invested capital: CNY 1,033.52B
Tax rate: 18.4%