Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) — Net Asset Quality Index
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) has a Net Asset Quality Index of 80.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥1.39 Billion minus total liabilities of CN¥265.46 Million yields net assets of CN¥1.12 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See 301289 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
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Net Asset Quality Index Over Time (2019–2025)
This chart shows how Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.'s Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the index stands at 80.9%, representing net assets of CN¥1.12 Billion against total assets of CN¥1.39 Billion CNY. Explore Shanghai National Center of Testing and (301289) cash conversion ratio to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (2019–2025)
The table below presents the year-by-year Net Asset Quality Index for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. from 2019 to 2025, covering 7 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 Shanghai National Center of Testing and market capitalisation.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 79.2% | CN¥1.09 Billion | CN¥1.38 Billion | CN¥287.00 Million | ▼ -2.5 pp |
| 2024 | 81.8% | CN¥1.06 Billion | CN¥1.29 Billion | CN¥235.54 Million | ▲ +0.2 pp |
| 2023 | 81.6% | CN¥1.01 Billion | CN¥1.24 Billion | CN¥229.41 Million | ▼ -0.5 pp |
| 2022 | 82.1% | CN¥959.05 Million | CN¥1.17 Billion | CN¥209.66 Million | ▲ +17.7 pp |
| 2021 | 64.3% | CN¥394.27 Million | CN¥612.77 Million | CN¥218.50 Million | ▼ -6.1 pp |
| 2020 | 70.5% | CN¥316.42 Million | CN¥448.98 Million | CN¥132.56 Million | ▼ -10.0 pp |
| 2019 | 80.5% | CN¥260.88 Million | CN¥324.11 Million | CN¥63.24 Million | — |