Tunghsu Azure Renewable Energy Co Ltd (000040) — Net Asset Quality Index

Latest as of September 2024: 47.6%

Tunghsu Azure Renewable Energy Co Ltd (000040) has a Net Asset Quality Index of 47.6% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥23.04 Billion minus total liabilities of CN¥12.07 Billion yields net assets of CN¥10.96 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Tunghsu Azure Renewable Energy Co Ltd (000040) liquidity interval to measure how many days the company can operate on defensive assets alone.

Quality Index

47.6%
Equity / Total Assets

Net Assets

CN¥10.96 Billion
CNY

Total Assets

CN¥23.04 Billion
CNY

Total Liabilities

CN¥12.07 Billion
CNY

Tunghsu Azure Renewable Energy Co Ltd Net Asset Quality Index Over Time (2000–2023)

This chart shows how Tunghsu Azure Renewable Energy Co Ltd's Net Asset Quality Index has evolved across 24 annual periods from 2000 to 2023. As of September 2024, the index stands at 47.6%, representing net assets of CN¥10.96 Billion against total assets of CN¥23.04 Billion CNY. Explore Tunghsu Azure Renewable Energy Co Ltd (000040) cash conversion ratio to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Tunghsu Azure Renewable Energy Co Ltd (2000–2023)

The table below presents the year-by-year Net Asset Quality Index for Tunghsu Azure Renewable Energy Co Ltd from 2000 to 2023, covering 24 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of Tunghsu Azure Renewable Energy Co Ltd.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2023 46.6% CN¥11.10 Billion CN¥23.81 Billion CN¥12.71 Billion ▲ +2.4 pp
2022 44.2% CN¥11.26 Billion CN¥25.47 Billion CN¥14.21 Billion ▼ -0.1 pp
2021 44.3% CN¥11.58 Billion CN¥26.15 Billion CN¥14.57 Billion ▼ -2.3 pp
2020 46.5% CN¥12.20 Billion CN¥26.20 Billion CN¥14.01 Billion ▲ +2.9 pp
2019 43.6% CN¥13.52 Billion CN¥30.99 Billion CN¥17.47 Billion ▲ +1.3 pp
2018 42.3% CN¥14.57 Billion CN¥34.42 Billion CN¥19.85 Billion ▲ +2.3 pp
2017 40.0% CN¥11.56 Billion CN¥28.90 Billion CN¥17.34 Billion ▼ -23.4 pp
2016 63.4% CN¥10.96 Billion CN¥17.29 Billion CN¥6.32 Billion ▲ +43.8 pp
2015 19.6% CN¥1.33 Billion CN¥6.77 Billion CN¥5.44 Billion ▼ -10.1 pp
2014 29.7% CN¥1.27 Billion CN¥4.27 Billion CN¥3.00 Billion ▼ -1.9 pp
2013 31.6% CN¥1.25 Billion CN¥3.96 Billion CN¥2.71 Billion ▼ -9.0 pp
2012 40.6% CN¥1.16 Billion CN¥2.87 Billion CN¥1.70 Billion ▼ -11.6 pp
2011 52.2% CN¥985.64 Million CN¥1.89 Billion CN¥902.50 Million ▲ +13.5 pp
2010 38.7% CN¥883.47 Million CN¥2.28 Billion CN¥1.40 Billion ▲ +2.4 pp
2009 36.2% CN¥1.04 Billion CN¥2.88 Billion CN¥1.84 Billion ▼ -4.6 pp
2008 40.8% CN¥982.92 Million CN¥2.41 Billion CN¥1.42 Billion ▼ -9.3 pp
2007 50.2% CN¥1.12 Billion CN¥2.23 Billion CN¥1.11 Billion ▲ +6.9 pp
2006 43.3% CN¥991.06 Million CN¥2.29 Billion CN¥1.30 Billion ▼ -1.3 pp
2005 44.6% CN¥960.00 Million CN¥2.15 Billion CN¥1.19 Billion ▲ +1.3 pp
2004 43.3% CN¥880.06 Million CN¥2.03 Billion CN¥1.15 Billion ▲ +8.4 pp
2003 34.9% CN¥867.90 Million CN¥2.48 Billion CN¥1.62 Billion ▼ -2.0 pp
2002 36.9% CN¥840.93 Million CN¥2.28 Billion CN¥1.44 Billion ▼ -17.2 pp
2001 54.1% CN¥1.08 Billion CN¥2.00 Billion CN¥917.79 Million ▼ -0.9 pp
2000 55.0% CN¥1.30 Billion CN¥2.37 Billion CN¥1.07 Billion
pp = percentage points