Zhejiang Walrus New Material Co Ltd (003011) — Net Asset Quality Index

Latest as of March 2026: 74.3%

Zhejiang Walrus New Material Co Ltd (003011) has a Net Asset Quality Index of 74.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥1.87 Billion minus total liabilities of CN¥481.14 Million yields net assets of CN¥1.39 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See 003011 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Quality Index

74.3%
Equity / Total Assets

Net Assets

CN¥1.39 Billion
CNY

Total Assets

CN¥1.87 Billion
CNY

Total Liabilities

CN¥481.14 Million
CNY

Zhejiang Walrus New Material Co Ltd Net Asset Quality Index Over Time (2016–2025)

This chart shows how Zhejiang Walrus New Material Co Ltd's Net Asset Quality Index has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the index stands at 74.3%, representing net assets of CN¥1.39 Billion against total assets of CN¥1.87 Billion CNY. Explore Zhejiang Walrus New Material Co Ltd cash flow conversion to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Zhejiang Walrus New Material Co Ltd (2016–2025)

The table below presents the year-by-year Net Asset Quality Index for Zhejiang Walrus New Material Co Ltd from 2016 to 2025, covering 10 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 Zhejiang Walrus New Material Co Ltd worth.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2025 67.0% CN¥1.41 Billion CN¥2.11 Billion CN¥695.72 Million ▲ +0.5 pp
2024 66.4% CN¥1.42 Billion CN¥2.13 Billion CN¥716.15 Million ▲ +5.7 pp
2023 60.7% CN¥1.42 Billion CN¥2.34 Billion CN¥920.33 Million ▲ +2.0 pp
2022 58.7% CN¥1.46 Billion CN¥2.48 Billion CN¥1.03 Billion ▲ +2.7 pp
2021 56.0% CN¥1.27 Billion CN¥2.27 Billion CN¥1.00 Billion ▼ -13.5 pp
2020 69.5% CN¥1.21 Billion CN¥1.74 Billion CN¥531.98 Million ▲ +24.8 pp
2019 44.6% CN¥417.96 Million CN¥936.39 Million CN¥518.43 Million ▲ +0.8 pp
2018 43.8% CN¥290.10 Million CN¥662.05 Million CN¥371.96 Million ▲ +9.3 pp
2017 34.5% CN¥94.92 Million CN¥275.15 Million CN¥180.22 Million ▲ +12.7 pp
2016 21.8% CN¥40.97 Million CN¥187.66 Million CN¥146.70 Million
pp = percentage points