Hengerda New Materials (Fujian) Co. Ltd. (300946) — Net Asset Quality Index
Hengerda New Materials (Fujian) Co. Ltd. (300946) has a Net Asset Quality Index of 73.5% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥1.65 Billion minus total liabilities of CN¥436.68 Million yields net assets of CN¥1.21 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See 300946 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Hengerda New Materials (Fujian) Co. Ltd. Net Asset Quality Index Over Time (2019–2024)
This chart shows how Hengerda New Materials (Fujian) Co. Ltd.'s Net Asset Quality Index has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the index stands at 73.5%, representing net assets of CN¥1.21 Billion against total assets of CN¥1.65 Billion CNY. Explore Hengerda New Materials (Fujian) Co. Ltd. (300946) cash conversion ratio to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Hengerda New Materials (Fujian) Co. Ltd. (2019–2024)
The table below presents the year-by-year Net Asset Quality Index for Hengerda New Materials (Fujian) Co. Ltd. from 2019 to 2024, covering 6 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 Hengerda New Materials (Fujian) Co. Ltd. stock valuation.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 79.7% | CN¥1.18 Billion | CN¥1.48 Billion | CN¥301.45 Million | ▲ +2.6 pp |
| 2023 | 77.1% | CN¥1.12 Billion | CN¥1.45 Billion | CN¥332.76 Million | ▼ -8.9 pp |
| 2022 | 86.0% | CN¥1.06 Billion | CN¥1.23 Billion | CN¥172.70 Million | ▼ -0.2 pp |
| 2021 | 86.2% | CN¥993.15 Million | CN¥1.15 Billion | CN¥159.27 Million | ▲ +10.1 pp |
| 2020 | 76.1% | CN¥473.92 Million | CN¥623.16 Million | CN¥149.24 Million | ▲ +1.3 pp |
| 2019 | 74.7% | CN¥380.88 Million | CN¥509.56 Million | CN¥128.68 Million | — |