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.
Industrial Bank Co Ltd
Banks, insurers, and other financials hold few plants and little inventory, so a physical-asset screen is a poor fit. The ratios below are still the latest annual figures. Capex is 1.96x 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 0.51x, which is below 1.
Fixed-asset turnover is 8.99x. Compare it with other names in the same basket.
Physical asset ratio
0.4%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 40.48BpropertyPlantAndEquipmentNetInventoryCNY 0.00Not reported, treated as 0Total assetsCNY 11,094.26BtotalAssetsInventory was not reported and is treated as zero.Result 0.4%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
8.99xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenueCNY 363.93BtotalRevenueNet PP&ECNY 40.48BpropertyPlantAndEquipmentNetResult 8.99x
Revenue per dollar of the physical asset base.
Capex / D&A
1.96xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapexCNY 13.46BcapitalExpendituresD&ACNY 6.85BdepreciationAndAmortizationResult 1.96x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
CNY 36.74Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 11,094.26BtotalAssetsGoodwillCNY 532.00MgoodWillIntangiblesCNY 1.06BintangibleAssetsLiabilitiesCNY 10,270.15BtotalLiabTangible bookCNY 822.52BShares22,389,884,000commonStockSharesOutstandingResult CNY 36.74
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
0.54xPrice / tangible bookPrice / tangible book per sharePriceCNY 19.69Latest quoteTangible book / shareCNY 36.742025-12-31Result 0.54x
Price CNY 19.69.
Fixed-charge coverage
0.51xFixed-charge coverage · 2025-12-31(EBITDA − capex) / interestEBITDACNY 96.83BebitdaCapexCNY 13.46BcapitalExpendituresInterestCNY 163.65BinterestExpenseEBITDA − capexCNY 83.37BShort-term debt was not reported, so the denominator is interest only.Result 0.51x
EBITDA minus capex, divided by interest only.
FCF yield
46.9%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flowCNY 195.74BfreeCashFlowMarket capCNY 417.54BMarketCapitalizationResult 46.9%
Latest free cash flow divided by current market cap (CNY 417.54B).
ROIC
2.3%ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 89.97BoperatingIncomeTax expenseCNY 12.12BincomeTaxExpensePretax incomeCNY 89.97BincomeBeforeTaxTax rate13.5%EquityCNY 901.72BtotalStockholderEquityDebtCNY 3,869.84BshortLongTermDebtTotalCashCNY 1,321.76BcashAndShortTermInvestmentsInvested capitalCNY 3,449.80BResult 2.3%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 2.22x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | -17.6%Physical asset ratio · 2018-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 25.53BpropertyPlantEquipmentInventory-CNY 1,209.13BinventoryTotal assetsCNY 6,711.66BtotalAssetsResult -17.6% | 13.04xFixed asset turnover · 2018-12-31Revenue / net PP&ERevenueCNY 332.92BtotalRevenueNet PP&ECNY 25.53BpropertyPlantEquipmentResult 13.04x | 3.36xCapex / D&A · 2018-12-31Capital expenditures / depreciation and amortizationCapexCNY 6.40BcapitalExpendituresD&ACNY 1.90BdepreciationAndAmortizationResult 3.36x | CNY 22.16Tangible book / share · 2018-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 6,711.66BtotalAssetsGoodwillCNY 532.00MgoodWillIntangiblesCNY 602.00MintangibleAssetsLiabilitiesCNY 6,239.07BtotalLiabTangible bookCNY 471.45BShares21,270,175,000commonStockSharesOutstandingResult CNY 22.16 | 0.36xFixed-charge coverage · 2018-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 69.98BebitdaCapexCNY 6.40BcapitalExpendituresInterestCNY 174.92BinterestExpenseShort-term debtCNY 0.00shortLongTermDebtTotal − longTermDebtEBITDA − capexCNY 63.59BShort-term debt is total debt minus long-term debt.Result 0.36x | -CNY 362.49BFree cash flow · 2018-12-31Reported free cash flowOperating cash flow-CNY 356.10BtotalCashFromOperatingActivitiesCapexCNY 6.40BcapitalExpendituresFree cash flow-CNY 362.49BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -CNY 362.49B | 7.9%ROIC · 2018-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 68.08BoperatingIncomeTax expenseCNY 6.83BincomeTaxExpensePretax incomeCNY 68.08BincomeBeforeTaxTax rate10.0%EquityCNY 465.95BtotalStockholderEquityDebtCNY 938.69BshortLongTermDebtTotalCashCNY 630.78BcashInvested capitalCNY 773.86BResult 7.9% | 2.67xEBIT / PP&E · 2018-12-31Operating income / net PP&EOperating incomeCNY 68.08BoperatingIncomeNet PP&ECNY 25.53BpropertyPlantEquipmentResult 2.67x |
| 2019 | 0.4%Physical asset ratio · 2019-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 28.10BpropertyPlantEquipmentInventoryCNY 539.00MinventoryTotal assetsCNY 7,145.68BtotalAssetsResult 0.4% | 12.37xFixed asset turnover · 2019-12-31Revenue / net PP&ERevenueCNY 347.75BtotalRevenueNet PP&ECNY 28.10BpropertyPlantEquipmentResult 12.37x | 3.01xCapex / D&A · 2019-12-31Capital expenditures / depreciation and amortizationCapexCNY 5.52BcapitalExpendituresD&ACNY 1.83BdepreciationAndAmortizationResult 3.01x | CNY 26.40Tangible book / share · 2019-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 7,145.68BtotalAssetsGoodwillCNY 532.00MgoodWillIntangiblesCNY 647.00MintangibleAssetsLiabilitiesCNY 6,596.03BtotalLiabTangible bookCNY 548.47BShares20,774,000,000commonStockSharesOutstandingResult CNY 26.40 | 0.42xFixed-charge coverage · 2019-12-31(EBITDA − capex) / interestEBITDACNY 76.34BebitdaCapexCNY 5.52BcapitalExpendituresInterestCNY 166.69BinterestExpenseEBITDA − capexCNY 70.82BShort-term debt was not reported, so the denominator is interest only.Result 0.42x | -CNY 593.53BFree cash flow · 2019-12-31Reported free cash flowOperating cash flow-CNY 588.01BtotalCashFromOperatingActivitiesCapexCNY 5.52BcapitalExpendituresFree cash flow-CNY 593.53BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -CNY 593.53B | 8.1%ROIC · 2019-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 74.50BoperatingIncomeTax expenseCNY 7.80BincomeTaxExpensePretax incomeCNY 74.50BincomeBeforeTaxTax rate10.5%EquityCNY 541.36BtotalStockholderEquityDebtCNY 1,091.43BshortLongTermDebtTotalCashCNY 805.58BcashInvested capitalCNY 827.21BResult 8.1% | 2.65xEBIT / PP&E · 2019-12-31Operating income / net PP&EOperating incomeCNY 74.50BoperatingIncomeNet PP&ECNY 28.10BpropertyPlantEquipmentResult 2.65x |
| 2020 | 0.4%Physical asset ratio · 2020-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 28.35BpropertyPlantEquipmentInventoryCNY 447.00MinventoryTotal assetsCNY 7,894.00BtotalAssetsResult 0.4% | 12.80xFixed asset turnover · 2020-12-31Revenue / net PP&ERevenueCNY 362.94BtotalRevenueNet PP&ECNY 28.35BpropertyPlantEquipmentResult 12.80x | 3.11xCapex / D&A · 2020-12-31Capital expenditures / depreciation and amortizationCapexCNY 6.59BcapitalExpendituresD&ACNY 2.12BdepreciationAndAmortizationResult 3.11x | CNY 30.02Tangible book / share · 2020-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 7,894.00BtotalAssetsGoodwillCNY 532.00MgoodWillIntangiblesCNY 712.00MintangibleAssetsLiabilitiesCNY 7,269.20BtotalLiabTangible bookCNY 623.56BShares20,774,000,000commonStockSharesOutstandingResult CNY 30.02 | 0.02xFixed-charge coverage · 2020-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 78.75BebitdaCapexCNY 6.59BcapitalExpendituresInterestCNY 159.96BinterestExpenseShort-term debtCNY 2,809.01BshortTermDebtEBITDA − capexCNY 72.17BPrincipal due is short-term debt.Result 0.02x | -CNY 40.81BFree cash flow · 2020-12-31Reported free cash flowOperating cash flow-CNY 34.23BtotalCashFromOperatingActivitiesCapexCNY 6.59BcapitalExpendituresFree cash flow-CNY 40.81BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -CNY 40.81B | 2.3%ROIC · 2020-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 76.64BoperatingIncomeTax expenseCNY 8.96BincomeTaxExpensePretax incomeCNY 76.64BincomeBeforeTaxTax rate11.7%EquityCNY 615.59BtotalStockholderEquityDebtCNY 3,055.52BshortLongTermDebtTotalCashCNY 703.24BcashInvested capitalCNY 2,967.87BResult 2.3% | 2.70xEBIT / PP&E · 2020-12-31Operating income / net PP&EOperating incomeCNY 76.64BoperatingIncomeNet PP&ECNY 28.35BpropertyPlantEquipmentResult 2.70x |
| 2021 | 0.5%Physical asset ratio · 2021-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 38.42BpropertyPlantEquipmentInventoryCNY 413.00MinventoryTotal assetsCNY 8,603.02BtotalAssetsResult 0.5% | 10.17xFixed asset turnover · 2021-12-31Revenue / net PP&ERevenueCNY 390.51BtotalRevenueNet PP&ECNY 38.42BpropertyPlantEquipmentResult 10.17x | 1.06xCapex / D&A · 2021-12-31Capital expenditures / depreciation and amortizationCapexCNY 5.62BcapitalExpendituresD&ACNY 5.29BdepreciationAndAmortizationResult 1.06x | CNY 33.35Tangible book / share · 2021-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 8,603.02BtotalAssetsGoodwillCNY 532.00MgoodWillIntangiblesCNY 883.00MintangibleAssetsLiabilitiesCNY 7,908.73BtotalLiabTangible bookCNY 692.88BShares20,774,000,000commonStockSharesOutstandingResult CNY 33.35 | 0.03xFixed-charge coverage · 2021-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 100.60BebitdaCapexCNY 5.62BcapitalExpendituresInterestCNY 169.48BinterestExpenseShort-term debtCNY 3,061.19BshortTermDebtEBITDA − capexCNY 94.98BPrincipal due is short-term debt.Result 0.03x | -CNY 395.40BFree cash flow · 2021-12-31Reported free cash flowOperating cash flow-CNY 389.77BtotalCashFromOperatingActivitiesCapexCNY 5.62BcapitalExpendituresFree cash flow-CNY 395.40BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -CNY 395.40B | 2.6%ROIC · 2021-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 95.31BoperatingIncomeTax expenseCNY 11.49BincomeTaxExpensePretax incomeCNY 95.31BincomeBeforeTaxTax rate12.1%EquityCNY 684.11BtotalStockholderEquityDebtCNY 3,398.04BshortLongTermDebtTotalCashCNY 865.68BcashInvested capitalCNY 3,216.47BResult 2.6% | 2.48xEBIT / PP&E · 2021-12-31Operating income / net PP&EOperating incomeCNY 95.31BoperatingIncomeNet PP&ECNY 38.42BpropertyPlantEquipmentResult 2.48x |
| 2022 | 0.4%Physical asset ratio · 2022-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 40.71BpropertyPlantAndEquipmentNetInventoryCNY 0.00Not reported, treated as 0Total assetsCNY 9,266.67BtotalAssetsInventory was not reported and is treated as zero.Result 0.4% | 9.96xFixed asset turnover · 2022-12-31Revenue / net PP&ERevenueCNY 405.65BtotalRevenueNet PP&ECNY 40.71BpropertyPlantAndEquipmentNetResult 9.96x | 1.05xCapex / D&A · 2022-12-31Capital expenditures / depreciation and amortizationCapexCNY 5.92BcapitalExpendituresD&ACNY 5.62BdepreciationAndAmortizationResult 1.05x | CNY 33.13Tangible book / share · 2022-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 9,266.67BtotalAssetsGoodwillCNY 532.00MgoodWillIntangiblesCNY 986.00MintangibleAssetsLiabilitiesCNY 8,509.37BtotalLiabTangible bookCNY 755.78BShares22,816,000,000commonStockSharesOutstandingResult CNY 33.13 | 0.58xFixed-charge coverage · 2022-12-31(EBITDA − capex) / interestEBITDACNY 111.84BebitdaCapexCNY 5.92BcapitalExpendituresInterestCNY 183.47BinterestExpenseEBITDA − capexCNY 105.93BShort-term debt was not reported, so the denominator is interest only.Result 0.58x | -CNY 350.50BFree cash flow · 2022-12-31Reported free cash flowOperating cash flow-CNY 344.59BtotalCashFromOperatingActivitiesCapexCNY 5.92BcapitalExpendituresFree cash flow-CNY 350.50BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -CNY 350.50B | 7.1%ROIC · 2022-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 106.22BoperatingIncomeTax expenseCNY 13.81BincomeTaxExpensePretax incomeCNY 106.22BincomeBeforeTaxTax rate13.0%EquityCNY 746.19BtotalStockholderEquityDebtCNY 1,444.57BshortLongTermDebtTotalCashCNY 888.67BcashInvested capitalCNY 1,302.09BResult 7.1% | 2.61xEBIT / PP&E · 2022-12-31Operating income / net PP&EOperating incomeCNY 106.22BoperatingIncomeNet PP&ECNY 40.71BpropertyPlantAndEquipmentNetResult 2.61x |
| 2023 | 0.4%Physical asset ratio · 2023-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 40.70BpropertyPlantAndEquipmentNetInventoryCNY 0.00Not reported, treated as 0Total assetsCNY 10,158.33BtotalAssetsInventory was not reported and is treated as zero.Result 0.4% | 10.16xFixed asset turnover · 2023-12-31Revenue / net PP&ERevenueCNY 413.37BtotalRevenueNet PP&ECNY 40.70BpropertyPlantAndEquipmentNetResult 10.16x | 0.79xCapex / D&A · 2023-12-31Capital expenditures / depreciation and amortizationCapexCNY 4.91BcapitalExpendituresD&ACNY 6.21BdepreciationAndAmortizationResult 0.79x | CNY 35.17Tangible book / share · 2023-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 10,158.33BtotalAssetsGoodwillCNY 532.00MgoodWillIntangiblesCNY 1.09BintangibleAssetsLiabilitiesCNY 9,350.61BtotalLiabTangible bookCNY 806.10BShares22,921,000,000commonStockSharesOutstandingResult CNY 35.17 | 0.02xFixed-charge coverage · 2023-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 90.54BebitdaCapexCNY 4.91BcapitalExpendituresInterestCNY 202.58BinterestExpenseShort-term debtCNY 3,576.30BshortTermDebtEBITDA − capexCNY 85.63BPrincipal due is short-term debt.Result 0.02x | CNY 428.71BFree cash flow · 2023-12-31Reported free cash flowOperating cash flowCNY 433.62BtotalCashFromOperatingActivitiesCapexCNY 4.91BcapitalExpendituresFree cash flowCNY 428.71BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 428.71B | 2.0%ROIC · 2023-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 84.33BoperatingIncomeTax expenseCNY 6.68BincomeTaxExpensePretax incomeCNY 84.33BincomeBeforeTaxTax rate7.9%EquityCNY 796.22BtotalStockholderEquityDebtCNY 3,992.42BshortLongTermDebtTotalCashCNY 973.32BcashInvested capitalCNY 3,815.33BResult 2.0% | 2.07xEBIT / PP&E · 2023-12-31Operating income / net PP&EOperating incomeCNY 84.33BoperatingIncomeNet PP&ECNY 40.70BpropertyPlantAndEquipmentNetResult 2.07x |
| 2024 | 0.4%Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 40.05BpropertyPlantAndEquipmentNetInventoryCNY 0.00Not reported, treated as 0Total assetsCNY 10,507.90BtotalAssetsInventory was not reported and is treated as zero.Result 0.4% | 10.18xFixed asset turnover · 2024-12-31Revenue / net PP&ERevenueCNY 407.69BtotalRevenueNet PP&ECNY 40.05BpropertyPlantAndEquipmentNetResult 10.18x | 0.80xCapex / D&A · 2024-12-31Capital expenditures / depreciation and amortizationCapexCNY 5.13BcapitalExpendituresD&ACNY 6.44BdepreciationAndAmortizationResult 0.80x | CNY 37.32Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 10,507.90BtotalAssetsGoodwillCNY 532.00MgoodWillIntangiblesCNY 1.12BintangibleAssetsLiabilitiesCNY 9,614.29BtotalLiabTangible bookCNY 891.96BShares23,902,477,000commonStockSharesOutstandingResult CNY 37.32 | 0.02xFixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 93.56BebitdaCapexCNY 5.13BcapitalExpendituresInterestCNY 195.73BinterestExpenseShort-term debtCNY 3,474.14BshortTermDebtEBITDA − capexCNY 88.43BPrincipal due is short-term debt.Result 0.02x | -CNY 242.38BFree cash flow · 2024-12-31Reported free cash flowOperating cash flow-CNY 237.26BtotalCashFromOperatingActivitiesCapexCNY 5.13BcapitalExpendituresFree cash flow-CNY 242.38BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -CNY 242.38B | 2.0%ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 87.12BoperatingIncomeTax expenseCNY 9.63BincomeTaxExpensePretax incomeCNY 87.12BincomeBeforeTaxTax rate11.1%EquityCNY 881.91BtotalStockholderEquityDebtCNY 3,835.07BshortLongTermDebtTotalCashCNY 886.54BcashAndShortTermInvestmentsInvested capitalCNY 3,830.44BResult 2.0% | 2.18xEBIT / PP&E · 2024-12-31Operating income / net PP&EOperating incomeCNY 87.12BoperatingIncomeNet PP&ECNY 40.05BpropertyPlantAndEquipmentNetResult 2.18x |
| 2025 | 0.4%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 40.48BpropertyPlantAndEquipmentNetInventoryCNY 0.00Not reported, treated as 0Total assetsCNY 11,094.26BtotalAssetsInventory was not reported and is treated as zero.Result 0.4% | 8.99xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenueCNY 363.93BtotalRevenueNet PP&ECNY 40.48BpropertyPlantAndEquipmentNetResult 8.99x | 1.96xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapexCNY 13.46BcapitalExpendituresD&ACNY 6.85BdepreciationAndAmortizationResult 1.96x | CNY 36.74Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 11,094.26BtotalAssetsGoodwillCNY 532.00MgoodWillIntangiblesCNY 1.06BintangibleAssetsLiabilitiesCNY 10,270.15BtotalLiabTangible bookCNY 822.52BShares22,389,884,000commonStockSharesOutstandingResult CNY 36.74 | 0.51xFixed-charge coverage · 2025-12-31(EBITDA − capex) / interestEBITDACNY 96.83BebitdaCapexCNY 13.46BcapitalExpendituresInterestCNY 163.65BinterestExpenseEBITDA − capexCNY 83.37BShort-term debt was not reported, so the denominator is interest only.Result 0.51x | CNY 195.74BFree cash flow · 2025-12-31Reported free cash flowOperating cash flowCNY 209.19BtotalCashFromOperatingActivitiesCapexCNY 13.46BcapitalExpendituresFree cash flowCNY 195.74BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 195.74B | 2.3%ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 89.97BoperatingIncomeTax expenseCNY 12.12BincomeTaxExpensePretax incomeCNY 89.97BincomeBeforeTaxTax rate13.5%EquityCNY 901.72BtotalStockholderEquityDebtCNY 3,869.84BshortLongTermDebtTotalCashCNY 1,321.76BcashAndShortTermInvestmentsInvested capitalCNY 3,449.80BResult 2.3% | 2.22xEBIT / PP&E · 2025-12-31Operating income / net PP&EOperating incomeCNY 89.97BoperatingIncomeNet PP&ECNY 40.48BpropertyPlantAndEquipmentNetResult 2.22x |
- Inventory was missing and treated as zero in the physical asset ratio.
- Receivables are larger than the physical asset base, so a finance or credit book may sit outside the physical ratio and inside the debt used for coverage.
- Fixed-charge coverage is EBITDA minus capex, divided by interest. Short-term debt was not reported, so principal due is left out.
Latest year inputs (2025)
Net PP&E: CNY 40.48B
Inventory: CNY 0.00
Total assets: CNY 11,094.26B
Goodwill: CNY 532.00M
Intangibles: CNY 1.06B
Liabilities: CNY 10,270.15B
Tangible book: CNY 822.52B
Shares: 22,389,884,000
Revenue: CNY 363.93B
Capex: CNY 13.46B
D&A: CNY 6.85B
EBITDA: CNY 96.83B
Interest: CNY 163.65B
Short-term debt: —
Free cash flow: CNY 195.74B
Operating income: CNY 89.97B
Invested capital: CNY 3,449.80B
Tax rate: 13.5%