Shandong Chenming Paper Holdings Ltd (000488) — Net Asset Quality Index

Latest as of March 2026: 4.4%

Shandong Chenming Paper Holdings Ltd (000488) has a Net Asset Quality Index of 4.4% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥51.12 Billion minus total liabilities of CN¥48.86 Billion yields net assets of CN¥2.26 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Shandong Chenming Paper Holdings Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

4.4%
Equity / Total Assets

Net Assets

CN¥2.26 Billion
CNY

Total Assets

CN¥51.12 Billion
CNY

Total Liabilities

CN¥48.86 Billion
CNY

Shandong Chenming Paper Holdings Ltd Net Asset Quality Index Over Time (1994–2025)

This chart shows how Shandong Chenming Paper Holdings Ltd's Net Asset Quality Index has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the index stands at 4.4%, representing net assets of CN¥2.26 Billion against total assets of CN¥51.12 Billion CNY. See Shandong Chenming Paper Holdings Ltd (000488) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Shandong Chenming Paper Holdings Ltd (1994–2025)

The table below presents the year-by-year Net Asset Quality Index for Shandong Chenming Paper Holdings Ltd from 1994 to 2025, covering 32 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 how much is Shandong Chenming Paper Holdings Ltd worth.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2025 5.6% CN¥2.81 Billion CN¥50.62 Billion CN¥47.81 Billion ▼ -14.7 pp
2024 20.2% CN¥12.84 Billion CN¥63.51 Billion CN¥50.67 Billion ▼ -6.3 pp
2023 26.5% CN¥21.10 Billion CN¥79.49 Billion CN¥58.39 Billion ▼ -1.6 pp
2022 28.1% CN¥23.73 Billion CN¥84.30 Billion CN¥60.57 Billion ▲ +0.9 pp
2021 27.2% CN¥22.55 Billion CN¥82.84 Billion CN¥60.29 Billion ▼ -1.0 pp
2020 28.2% CN¥25.80 Billion CN¥91.58 Billion CN¥65.78 Billion ▲ +1.3 pp
2019 26.9% CN¥26.34 Billion CN¥97.96 Billion CN¥71.62 Billion ▲ +2.3 pp
2018 24.6% CN¥25.87 Billion CN¥105.32 Billion CN¥79.45 Billion ▼ -4.1 pp
2017 28.7% CN¥30.27 Billion CN¥105.63 Billion CN¥75.35 Billion ▲ +1.2 pp
2016 27.4% CN¥22.56 Billion CN¥82.29 Billion CN¥59.72 Billion ▲ +5.3 pp
2015 22.1% CN¥17.26 Billion CN¥77.96 Billion CN¥60.70 Billion ▼ -3.1 pp
2014 25.3% CN¥14.35 Billion CN¥56.82 Billion CN¥42.47 Billion ▼ -5.6 pp
2013 30.8% CN¥14.64 Billion CN¥47.52 Billion CN¥32.88 Billion ▲ +0.7 pp
2012 30.1% CN¥14.35 Billion CN¥47.73 Billion CN¥33.38 Billion ▼ -2.8 pp
2011 32.8% CN¥14.99 Billion CN¥45.63 Billion CN¥30.64 Billion ▼ -10.7 pp
2010 43.5% CN¥15.26 Billion CN¥35.08 Billion CN¥19.82 Billion ▼ -8.7 pp
2009 52.2% CN¥14.74 Billion CN¥28.21 Billion CN¥13.48 Billion ▼ -1.1 pp
2008 53.3% CN¥14.02 Billion CN¥26.30 Billion CN¥12.28 Billion ▲ +5.2 pp
2007 48.1% CN¥10.58 Billion CN¥22.01 Billion CN¥11.43 Billion ▲ +10.4 pp
2006 37.7% CN¥7.75 Billion CN¥20.55 Billion CN¥12.80 Billion ▼ -2.3 pp
2005 40.0% CN¥7.19 Billion CN¥17.97 Billion CN¥10.78 Billion ▼ -1.6 pp
2004 41.7% CN¥6.60 Billion CN¥15.85 Billion CN¥9.25 Billion ▼ -10.1 pp
2003 51.8% CN¥5.30 Billion CN¥10.23 Billion CN¥4.93 Billion ▲ +2.0 pp
2002 49.8% CN¥4.32 Billion CN¥8.69 Billion CN¥4.37 Billion ▼ -3.1 pp
2001 52.9% CN¥3.91 Billion CN¥7.39 Billion CN¥3.48 Billion ▼ -10.9 pp
2000 63.8% CN¥3.44 Billion CN¥5.38 Billion CN¥1.95 Billion ▲ +11.9 pp
1999 52.0% CN¥1.72 Billion CN¥3.32 Billion CN¥1.59 Billion ▼ -7.9 pp
1998 59.9% CN¥1.48 Billion CN¥2.48 Billion CN¥994.01 Million ▼ -13.4 pp
1997 73.3% CN¥1.32 Billion CN¥1.80 Billion CN¥480.30 Million ▲ +23.7 pp
1996 49.6% CN¥332.42 Million CN¥670.00 Million CN¥337.58 Million ▼ -4.0 pp
1995 53.6% CN¥202.18 Million CN¥376.89 Million CN¥174.72 Million ▼ -20.7 pp
1994 74.3% CN¥173.01 Million CN¥232.85 Million CN¥59.84 Million
pp = percentage points