Shandong Donghong Pipe Ind Co (603856) — Net Asset Momentum
Shandong Donghong Pipe Ind Co (603856) recorded a net asset momentum of 4.7% as of December 2024, with net assets of CN¥2.35 Billion CNY. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See Shandong Donghong Pipe Ind Co defensive interval ratio to measure how many days the company can operate on defensive assets alone.
YoY Momentum
Current Net Assets
Years of Data
Country
Shandong Donghong Pipe Ind Co Net Asset Momentum (2012–2024)
This chart tracks Shandong Donghong Pipe Ind Co's year-over-year net asset growth across 13 annual reporting periods from 2012 to 2024. The most recent momentum reading is +4.7%, with net assets of CN¥2.35 Billion CNY as of December 2024. Read 603856 total debt and obligations for a breakdown of total debt and financial obligations.
Annual Net Asset History for Shandong Donghong Pipe Ind Co (2012–2024)
The table below shows the complete annual net asset history for Shandong Donghong Pipe Ind Co from 2012 to 2024, covering 13 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see 603856 market cap overview.
| Year | Net Assets (CNY) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2024 | CN¥2.35 Billion | CN¥3.70 Billion | CN¥1.35 Billion | ▲ +4.7% |
| 2023 | CN¥2.25 Billion | CN¥3.56 Billion | CN¥1.31 Billion | ▲ +5.9% |
| 2022 | CN¥2.12 Billion | CN¥3.94 Billion | CN¥1.82 Billion | ▲ +5.8% |
| 2021 | CN¥2.00 Billion | CN¥3.47 Billion | CN¥1.46 Billion | ▲ +2.2% |
| 2020 | CN¥1.96 Billion | CN¥2.87 Billion | CN¥908.36 Million | ▲ +15.0% |
| 2019 | CN¥1.70 Billion | CN¥2.09 Billion | CN¥383.91 Million | ▲ +9.9% |
| 2018 | CN¥1.55 Billion | CN¥1.89 Billion | CN¥335.60 Million | ▲ +8.2% |
| 2017 | CN¥1.43 Billion | CN¥1.73 Billion | CN¥293.09 Million | ▲ +68.8% |
| 2016 | CN¥849.05 Million | CN¥1.16 Billion | CN¥315.12 Million | ▲ +14.1% |
| 2015 | CN¥744.34 Million | CN¥1.21 Billion | CN¥465.20 Million | ▲ +14.2% |
| 2014 | CN¥651.85 Million | CN¥1.18 Billion | CN¥524.77 Million | ▲ +15.5% |
| 2013 | CN¥564.28 Million | CN¥1.14 Billion | CN¥572.53 Million | ▲ +48.5% |
| 2012 | CN¥380.04 Million | CN¥907.27 Million | CN¥527.23 Million | — |