Songz Automobile Air Conditioning Co Ltd (002454) — Net Asset Quality Index

Latest as of September 2025: 55.8%

Songz Automobile Air Conditioning Co Ltd (002454) has a Net Asset Quality Index of 55.8% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥8.24 Billion minus total liabilities of CN¥3.64 Billion yields net assets of CN¥4.60 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read debt load of Songz Automobile Air Conditioning Co Ltd for a breakdown of total debt and financial obligations.

Quality Index

55.8%
Equity / Total Assets

Net Assets

CN¥4.60 Billion
CNY

Total Assets

CN¥8.24 Billion
CNY

Total Liabilities

CN¥3.64 Billion
CNY

Songz Automobile Air Conditioning Co Ltd Net Asset Quality Index Over Time (2007–2024)

This chart shows how Songz Automobile Air Conditioning Co Ltd's Net Asset Quality Index has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the index stands at 55.8%, representing net assets of CN¥4.60 Billion against total assets of CN¥8.24 Billion CNY. For live market cap and overall valuation, see Songz Automobile Air Conditioning Co Ltd market cap and net worth.

Annual Net Asset Quality Index for Songz Automobile Air Conditioning Co Ltd (2007–2024)

The table below presents the year-by-year Net Asset Quality Index for Songz Automobile Air Conditioning Co Ltd from 2007 to 2024, covering 18 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. Check 002454 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2024 54.5% CN¥4.43 Billion CN¥8.12 Billion CN¥3.70 Billion ▼ -4.4 pp
2023 58.9% CN¥4.35 Billion CN¥7.37 Billion CN¥3.03 Billion ▼ -0.5 pp
2022 59.4% CN¥4.19 Billion CN¥7.05 Billion CN¥2.86 Billion ▲ +0.2 pp
2021 59.2% CN¥4.10 Billion CN¥6.93 Billion CN¥2.82 Billion ▼ -3.0 pp
2020 62.3% CN¥4.08 Billion CN¥6.55 Billion CN¥2.47 Billion ▼ -2.0 pp
2019 64.2% CN¥3.73 Billion CN¥5.81 Billion CN¥2.08 Billion ▲ +3.5 pp
2018 60.7% CN¥3.58 Billion CN¥5.90 Billion CN¥2.32 Billion ▲ +6.0 pp
2017 54.7% CN¥3.37 Billion CN¥6.15 Billion CN¥2.79 Billion ▼ -6.0 pp
2016 60.7% CN¥2.92 Billion CN¥4.81 Billion CN¥1.89 Billion ▼ -0.5 pp
2015 61.3% CN¥2.68 Billion CN¥4.37 Billion CN¥1.69 Billion ▼ -4.3 pp
2014 65.5% CN¥2.45 Billion CN¥3.75 Billion CN¥1.29 Billion ▼ -2.7 pp
2013 68.3% CN¥2.28 Billion CN¥3.34 Billion CN¥1.06 Billion ▼ -4.6 pp
2012 72.9% CN¥1.99 Billion CN¥2.74 Billion CN¥741.32 Million ▼ -0.1 pp
2011 73.0% CN¥1.93 Billion CN¥2.64 Billion CN¥713.63 Million ▼ -4.2 pp
2010 77.2% CN¥1.78 Billion CN¥2.31 Billion CN¥526.13 Million ▲ +32.2 pp
2009 45.0% CN¥505.48 Million CN¥1.12 Billion CN¥618.45 Million ▼ -3.8 pp
2008 48.8% CN¥406.01 Million CN¥831.83 Million CN¥425.81 Million ▲ +8.6 pp
2007 40.2% CN¥290.88 Million CN¥724.13 Million CN¥433.25 Million
pp = percentage points