Huagong Tech Co Ltd (000988) — Net Asset Quality Index

Latest as of June 2025: 50.2%

Huagong Tech Co Ltd (000988) has a Net Asset Quality Index of 50.2% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥21.08 Billion minus total liabilities of CN¥10.49 Billion yields net assets of CN¥10.59 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Huagong Tech Co Ltd (000988) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

50.2%
Equity / Total Assets

Net Assets

CN¥10.59 Billion
CNY

Total Assets

CN¥21.08 Billion
CNY

Total Liabilities

CN¥10.49 Billion
CNY

Huagong Tech Co Ltd Net Asset Quality Index Over Time (1997–2024)

This chart shows how Huagong Tech Co Ltd's Net Asset Quality Index has evolved across 28 annual periods from 1997 to 2024. As of June 2025, the index stands at 50.2%, representing net assets of CN¥10.59 Billion against total assets of CN¥21.08 Billion CNY. See 000988 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Huagong Tech Co Ltd (1997–2024)

The table below presents the year-by-year Net Asset Quality Index for Huagong Tech Co Ltd from 1997 to 2024, covering 28 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 Huagong Tech Co Ltd market capitalisation.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2024 49.4% CN¥10.28 Billion CN¥20.82 Billion CN¥10.55 Billion ▼ -4.5 pp
2023 53.8% CN¥9.37 Billion CN¥17.41 Billion CN¥8.03 Billion ▲ +4.6 pp
2022 49.2% CN¥8.26 Billion CN¥16.79 Billion CN¥8.53 Billion ▼ -4.3 pp
2021 53.5% CN¥7.43 Billion CN¥13.88 Billion CN¥6.46 Billion ▼ -6.9 pp
2020 60.4% CN¥6.69 Billion CN¥11.08 Billion CN¥4.39 Billion ▼ -4.6 pp
2019 65.0% CN¥6.25 Billion CN¥9.61 Billion CN¥3.36 Billion ▼ -1.1 pp
2018 66.1% CN¥5.80 Billion CN¥8.77 Billion CN¥2.97 Billion ▲ +4.1 pp
2017 62.0% CN¥5.32 Billion CN¥8.58 Billion CN¥3.26 Billion ▲ +3.8 pp
2016 58.3% CN¥3.26 Billion CN¥5.59 Billion CN¥2.33 Billion ▼ -1.9 pp
2015 60.2% CN¥3.01 Billion CN¥5.01 Billion CN¥1.99 Billion ▼ -1.4 pp
2014 61.6% CN¥2.89 Billion CN¥4.69 Billion CN¥1.80 Billion ▼ -3.6 pp
2013 65.1% CN¥2.72 Billion CN¥4.17 Billion CN¥1.45 Billion ▼ -1.1 pp
2012 66.2% CN¥2.63 Billion CN¥3.97 Billion CN¥1.34 Billion ▼ -3.4 pp
2011 69.6% CN¥2.55 Billion CN¥3.66 Billion CN¥1.11 Billion ▲ +14.3 pp
2010 55.3% CN¥1.85 Billion CN¥3.34 Billion CN¥1.49 Billion ▼ -2.4 pp
2009 57.7% CN¥1.72 Billion CN¥2.99 Billion CN¥1.26 Billion ▲ +9.3 pp
2008 48.4% CN¥1.16 Billion CN¥2.40 Billion CN¥1.24 Billion ▼ -3.2 pp
2007 51.7% CN¥1.22 Billion CN¥2.35 Billion CN¥1.14 Billion ▼ -1.1 pp
2006 52.8% CN¥826.26 Million CN¥1.56 Billion CN¥738.30 Million ▼ -3.1 pp
2005 55.9% CN¥773.02 Million CN¥1.38 Billion CN¥608.80 Million ▼ -2.6 pp
2004 58.5% CN¥752.45 Million CN¥1.29 Billion CN¥533.35 Million ▼ -3.9 pp
2003 62.4% CN¥728.66 Million CN¥1.17 Billion CN¥438.62 Million ▼ -2.4 pp
2002 64.8% CN¥684.66 Million CN¥1.06 Billion CN¥371.61 Million ▼ -12.5 pp
2001 77.4% CN¥635.52 Million CN¥821.47 Million CN¥185.95 Million ▲ +3.4 pp
2000 73.9% CN¥586.33 Million CN¥792.93 Million CN¥206.60 Million ▼ -2.8 pp
1999 76.7% CN¥141.93 Million CN¥185.01 Million CN¥43.08 Million ▼ -2.2 pp
1998 79.0% CN¥106.72 Million CN¥135.15 Million CN¥28.43 Million ▼ -2.3 pp
1997 81.2% CN¥96.48 Million CN¥118.78 Million CN¥22.30 Million
pp = percentage points