Jiangsu Changbao Steeltube Co Ltd (002478) — Net Asset Quality Index
Jiangsu Changbao Steeltube Co Ltd (002478) has a Net Asset Quality Index of 68.6% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥8.69 Billion minus total liabilities of CN¥2.73 Billion yields net assets of CN¥5.96 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read Jiangsu Changbao Steeltube Co Ltd total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Jiangsu Changbao Steeltube Co Ltd Net Asset Quality Index Over Time (2007–2025)
This chart shows how Jiangsu Changbao Steeltube Co Ltd's Net Asset Quality Index has evolved across 19 annual periods from 2007 to 2025. As of June 2026, the index stands at 68.6%, representing net assets of CN¥5.96 Billion against total assets of CN¥8.69 Billion CNY. For live market cap and overall valuation, see Jiangsu Changbao Steeltube Co Ltd stock valuation.
Annual Net Asset Quality Index for Jiangsu Changbao Steeltube Co Ltd (2007–2025)
The table below presents the year-by-year Net Asset Quality Index for Jiangsu Changbao Steeltube Co Ltd from 2007 to 2025, covering 19 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 002478 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 67.7% | CN¥6.00 Billion | CN¥8.87 Billion | CN¥2.86 Billion | ▼ -2.8 pp |
| 2024 | 70.6% | CN¥5.85 Billion | CN¥8.29 Billion | CN¥2.44 Billion | ▲ +1.4 pp |
| 2023 | 69.2% | CN¥5.41 Billion | CN¥7.82 Billion | CN¥2.41 Billion | ▲ +4.6 pp |
| 2022 | 64.6% | CN¥4.74 Billion | CN¥7.34 Billion | CN¥2.60 Billion | ▲ +1.7 pp |
| 2021 | 62.9% | CN¥4.39 Billion | CN¥6.97 Billion | CN¥2.58 Billion | ▼ -5.1 pp |
| 2020 | 68.0% | CN¥4.68 Billion | CN¥6.89 Billion | CN¥2.20 Billion | ▼ -4.8 pp |
| 2019 | 72.8% | CN¥4.98 Billion | CN¥6.84 Billion | CN¥1.86 Billion | ▲ +3.5 pp |
| 2018 | 69.2% | CN¥4.45 Billion | CN¥6.42 Billion | CN¥1.98 Billion | ▼ -0.5 pp |
| 2017 | 69.7% | CN¥3.96 Billion | CN¥5.68 Billion | CN¥1.72 Billion | ▼ -10.4 pp |
| 2016 | 80.2% | CN¥3.15 Billion | CN¥3.93 Billion | CN¥780.31 Million | ▲ +1.6 pp |
| 2015 | 78.5% | CN¥3.10 Billion | CN¥3.95 Billion | CN¥848.29 Million | ▲ +1.5 pp |
| 2014 | 77.0% | CN¥3.06 Billion | CN¥3.98 Billion | CN¥916.03 Million | ▼ -0.8 pp |
| 2013 | 77.7% | CN¥2.88 Billion | CN¥3.70 Billion | CN¥822.85 Million | ▼ -2.1 pp |
| 2012 | 79.9% | CN¥2.69 Billion | CN¥3.37 Billion | CN¥678.88 Million | ▼ -6.3 pp |
| 2011 | 86.1% | CN¥2.59 Billion | CN¥3.00 Billion | CN¥417.00 Million | ▲ +20.6 pp |
| 2010 | 65.6% | CN¥2.35 Billion | CN¥3.59 Billion | CN¥1.24 Billion | ▲ +18.2 pp |
| 2009 | 47.3% | CN¥1.07 Billion | CN¥2.26 Billion | CN¥1.19 Billion | ▲ +15.7 pp |
| 2008 | 31.6% | CN¥868.03 Million | CN¥2.75 Billion | CN¥1.88 Billion | ▼ -7.8 pp |
| 2007 | 39.4% | CN¥496.84 Million | CN¥1.26 Billion | CN¥763.40 Million | — |