Guangdong Mingyang Electric Co. Ltd. A (301291) — Net Asset Quality Index
Guangdong Mingyang Electric Co. Ltd. A (301291) has a Net Asset Quality Index of 54.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥9.28 Billion minus total liabilities of CN¥4.21 Billion yields net assets of CN¥5.06 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See operational self-sufficiency of Guangdong Mingyang Electric Co. Ltd. A to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Guangdong Mingyang Electric Co. Ltd. A Net Asset Quality Index Over Time (2021–2025)
This chart shows how Guangdong Mingyang Electric Co. Ltd. A's Net Asset Quality Index has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the index stands at 54.6%, representing net assets of CN¥5.06 Billion against total assets of CN¥9.28 Billion CNY. Explore Guangdong Mingyang Electric Co. Ltd. A cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Guangdong Mingyang Electric Co. Ltd. A (2021–2025)
The table below presents the year-by-year Net Asset Quality Index for Guangdong Mingyang Electric Co. Ltd. A from 2021 to 2025, covering 5 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 301291 company net worth.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 53.3% | CN¥5.04 Billion | CN¥9.44 Billion | CN¥4.40 Billion | ▲ +3.3 pp |
| 2024 | 50.0% | CN¥4.67 Billion | CN¥9.34 Billion | CN¥4.67 Billion | ▼ -3.7 pp |
| 2023 | 53.7% | CN¥4.22 Billion | CN¥7.86 Billion | CN¥3.64 Billion | ▲ +28.1 pp |
| 2022 | 25.6% | CN¥970.80 Million | CN¥3.80 Billion | CN¥2.83 Billion | ▼ -1.1 pp |
| 2021 | 26.6% | CN¥702.26 Million | CN¥2.64 Billion | CN¥1.93 Billion | — |