Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (000766) — Net Asset Quality Index
Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (000766) has a Net Asset Quality Index of 48.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥4.74 Billion minus total liabilities of CN¥2.42 Billion yields net assets of CN¥2.32 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Tonghua Golden-Horse Pharmaceutical Indu liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tonghua Golden-Horse Pharmaceutical Industry Co Ltd Net Asset Quality Index Over Time (1994–2025)
This chart shows how Tonghua Golden-Horse Pharmaceutical Industry Co Ltd's Net Asset Quality Index has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the index stands at 48.9%, representing net assets of CN¥2.32 Billion against total assets of CN¥4.74 Billion CNY. See 000766 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (1994–2025)
The table below presents the year-by-year Net Asset Quality Index for Tonghua Golden-Horse Pharmaceutical Industry Co 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 000766 market cap overview.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 51.6% | CN¥2.31 Billion | CN¥4.48 Billion | CN¥2.17 Billion | ▲ +1.3 pp |
| 2024 | 50.3% | CN¥2.26 Billion | CN¥4.48 Billion | CN¥2.23 Billion | ▼ -1.0 pp |
| 2023 | 51.3% | CN¥2.32 Billion | CN¥4.52 Billion | CN¥2.20 Billion | ▲ +0.7 pp |
| 2022 | 50.6% | CN¥2.37 Billion | CN¥4.69 Billion | CN¥2.32 Billion | ▲ +0.1 pp |
| 2021 | 50.4% | CN¥2.34 Billion | CN¥4.64 Billion | CN¥2.30 Billion | ▲ +4.1 pp |
| 2020 | 46.3% | CN¥2.31 Billion | CN¥4.98 Billion | CN¥2.68 Billion | ▼ -10.5 pp |
| 2019 | 56.7% | CN¥2.67 Billion | CN¥4.70 Billion | CN¥2.03 Billion | ▼ -22.3 pp |
| 2018 | 79.0% | CN¥4.71 Billion | CN¥5.96 Billion | CN¥1.25 Billion | ▲ +1.9 pp |
| 2017 | 77.2% | CN¥4.42 Billion | CN¥5.73 Billion | CN¥1.31 Billion | ▼ -1.3 pp |
| 2016 | 78.5% | CN¥4.16 Billion | CN¥5.30 Billion | CN¥1.14 Billion | ▲ +24.4 pp |
| 2015 | 54.1% | CN¥2.25 Billion | CN¥4.16 Billion | CN¥1.91 Billion | ▲ +2.8 pp |
| 2014 | 51.3% | CN¥659.50 Million | CN¥1.29 Billion | CN¥626.09 Million | ▼ -4.3 pp |
| 2013 | 55.6% | CN¥615.08 Million | CN¥1.11 Billion | CN¥491.91 Million | ▼ -13.7 pp |
| 2012 | 69.2% | CN¥619.60 Million | CN¥894.89 Million | CN¥275.29 Million | ▲ +0.2 pp |
| 2011 | 69.0% | CN¥607.13 Million | CN¥879.82 Million | CN¥272.69 Million | ▲ +3.0 pp |
| 2010 | 66.0% | CN¥595.89 Million | CN¥902.60 Million | CN¥306.71 Million | ▼ -1.2 pp |
| 2009 | 67.2% | CN¥583.87 Million | CN¥869.23 Million | CN¥285.36 Million | ▼ -1.1 pp |
| 2008 | 68.3% | CN¥554.08 Million | CN¥811.59 Million | CN¥257.51 Million | ▲ +1.9 pp |
| 2007 | 66.3% | CN¥536.90 Million | CN¥809.43 Million | CN¥272.53 Million | ▲ +1.6 pp |
| 2006 | 64.7% | CN¥518.07 Million | CN¥800.12 Million | CN¥282.05 Million | ▲ +60.7 pp |
| 2005 | 4.1% | CN¥45.26 Million | CN¥1.11 Billion | CN¥1.06 Billion | ▲ +0.7 pp |
| 2004 | 3.4% | CN¥36.64 Million | CN¥1.09 Billion | CN¥1.05 Billion | ▼ -17.2 pp |
| 2003 | 20.5% | CN¥296.07 Million | CN¥1.44 Billion | CN¥1.14 Billion | ▼ -11.5 pp |
| 2002 | 32.1% | CN¥490.79 Million | CN¥1.53 Billion | CN¥1.04 Billion | ▼ -0.3 pp |
| 2001 | 32.3% | CN¥475.05 Million | CN¥1.47 Billion | CN¥994.08 Million | ▼ -15.4 pp |
| 2000 | 47.7% | CN¥1.08 Billion | CN¥2.26 Billion | CN¥1.18 Billion | ▼ -30.8 pp |
| 1999 | 78.5% | CN¥1.05 Billion | CN¥1.33 Billion | CN¥286.19 Million | ▲ +5.4 pp |
| 1998 | 73.1% | CN¥636.82 Million | CN¥870.83 Million | CN¥234.01 Million | ▼ -4.3 pp |
| 1997 | 77.5% | CN¥602.89 Million | CN¥778.32 Million | CN¥175.42 Million | ▲ +23.3 pp |
| 1996 | 54.2% | CN¥191.23 Million | CN¥353.02 Million | CN¥161.79 Million | ▼ -8.2 pp |
| 1995 | 62.4% | CN¥181.32 Million | CN¥290.59 Million | CN¥109.28 Million | ▼ -11.2 pp |
| 1994 | 73.6% | CN¥171.84 Million | CN¥233.52 Million | CN¥61.68 Million | — |