China Tungsten and Hightech Materials Co Ltd (000657) — Net Asset Quality Index
China Tungsten and Hightech Materials Co Ltd (000657) has a Net Asset Quality Index of 40.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥28.53 Billion minus total liabilities of CN¥16.94 Billion yields net assets of CN¥11.59 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check China Tungsten and Hightech Materials Co asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
China Tungsten and Hightech Materials Co Ltd Net Asset Quality Index Over Time (1993–2025)
This chart shows how China Tungsten and Hightech Materials Co Ltd's Net Asset Quality Index has evolved across 33 annual periods from 1993 to 2025. As of March 2026, the index stands at 40.6%, representing net assets of CN¥11.59 Billion against total assets of CN¥28.53 Billion CNY. See China Tungsten and Hightech Materials Co short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for China Tungsten and Hightech Materials Co Ltd (1993–2025)
The table below presents the year-by-year Net Asset Quality Index for China Tungsten and Hightech Materials Co Ltd from 1993 to 2025, covering 33 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 China Tungsten and Hightech Materials Co worth.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 49.2% | CN¥10.56 Billion | CN¥21.44 Billion | CN¥10.89 Billion | ▲ +1.6 pp |
| 2024 | 47.6% | CN¥8.29 Billion | CN¥17.42 Billion | CN¥9.13 Billion | ▼ -2.6 pp |
| 2023 | 50.2% | CN¥7.90 Billion | CN¥15.71 Billion | CN¥7.82 Billion | ▼ -2.1 pp |
| 2022 | 52.3% | CN¥6.12 Billion | CN¥11.70 Billion | CN¥5.57 Billion | ▼ -5.0 pp |
| 2021 | 57.4% | CN¥5.63 Billion | CN¥9.82 Billion | CN¥4.18 Billion | ▲ +4.1 pp |
| 2020 | 53.2% | CN¥4.94 Billion | CN¥9.28 Billion | CN¥4.34 Billion | ▲ +1.3 pp |
| 2019 | 52.0% | CN¥4.07 Billion | CN¥7.84 Billion | CN¥3.77 Billion | ▲ +1.2 pp |
| 2018 | 50.8% | CN¥3.78 Billion | CN¥7.44 Billion | CN¥3.66 Billion | ▲ +0.2 pp |
| 2017 | 50.6% | CN¥3.75 Billion | CN¥7.42 Billion | CN¥3.67 Billion | ▼ -2.0 pp |
| 2016 | 52.6% | CN¥3.51 Billion | CN¥6.67 Billion | CN¥3.16 Billion | ▲ +1.9 pp |
| 2015 | 50.7% | CN¥3.46 Billion | CN¥6.83 Billion | CN¥3.37 Billion | ▲ +0.5 pp |
| 2014 | 50.1% | CN¥3.92 Billion | CN¥7.82 Billion | CN¥3.90 Billion | ▲ +9.4 pp |
| 2013 | 40.8% | CN¥3.92 Billion | CN¥9.62 Billion | CN¥5.69 Billion | ▲ +7.3 pp |
| 2012 | 33.5% | CN¥2.86 Billion | CN¥8.53 Billion | CN¥5.68 Billion | ▼ -51.1 pp |
| 2011 | 84.6% | CN¥332.93 Million | CN¥393.42 Million | CN¥60.50 Million | ▼ -3.0 pp |
| 2010 | 87.6% | CN¥328.31 Million | CN¥374.84 Million | CN¥46.54 Million | ▲ +17.7 pp |
| 2009 | 69.9% | CN¥320.65 Million | CN¥458.55 Million | CN¥137.90 Million | ▼ -4.3 pp |
| 2008 | 74.2% | CN¥331.21 Million | CN¥446.09 Million | CN¥114.88 Million | ▲ +32.6 pp |
| 2007 | 41.7% | CN¥370.66 Million | CN¥889.18 Million | CN¥518.52 Million | ▼ -14.2 pp |
| 2006 | 55.9% | CN¥596.15 Million | CN¥1.07 Billion | CN¥470.45 Million | ▼ -1.0 pp |
| 2005 | 56.9% | CN¥734.95 Million | CN¥1.29 Billion | CN¥557.61 Million | ▲ +1.2 pp |
| 2004 | 55.7% | CN¥734.12 Million | CN¥1.32 Billion | CN¥584.55 Million | ▲ +1.3 pp |
| 2003 | 54.4% | CN¥586.25 Million | CN¥1.08 Billion | CN¥492.11 Million | ▼ -1.3 pp |
| 2002 | 55.6% | CN¥553.65 Million | CN¥995.42 Million | CN¥441.77 Million | ▲ +4.5 pp |
| 2001 | 51.2% | CN¥519.91 Million | CN¥1.02 Billion | CN¥496.47 Million | ▼ -4.4 pp |
| 2000 | 55.5% | CN¥505.24 Million | CN¥909.56 Million | CN¥404.32 Million | ▲ +1.1 pp |
| 1999 | 54.5% | CN¥481.40 Million | CN¥883.89 Million | CN¥402.49 Million | ▲ +3.4 pp |
| 1998 | 51.1% | CN¥227.78 Million | CN¥445.94 Million | CN¥218.16 Million | ▼ -8.5 pp |
| 1997 | 59.6% | CN¥249.05 Million | CN¥418.20 Million | CN¥169.15 Million | ▼ -3.2 pp |
| 1996 | 62.7% | CN¥225.17 Million | CN¥358.93 Million | CN¥133.77 Million | ▲ +13.4 pp |
| 1995 | 49.4% | CN¥99.58 Million | CN¥201.70 Million | CN¥102.12 Million | ▼ -0.3 pp |
| 1994 | 49.7% | CN¥91.05 Million | CN¥183.34 Million | CN¥92.29 Million | ▼ -31.2 pp |
| 1993 | 80.9% | CN¥89.69 Million | CN¥110.86 Million | CN¥21.17 Million | — |