Mudanjiang Hengfeng Paper Co Ltd (600356) — Net Asset Quality Index
Mudanjiang Hengfeng Paper Co Ltd (600356) has a Net Asset Quality Index of 70.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥4.49 Billion minus total liabilities of CN¥1.33 Billion yields net assets of CN¥3.16 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read Mudanjiang Hengfeng Paper Co Ltd (600356) total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Mudanjiang Hengfeng Paper Co Ltd Net Asset Quality Index Over Time (1997–2025)
This chart shows how Mudanjiang Hengfeng Paper Co Ltd's Net Asset Quality Index has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the index stands at 70.3%, representing net assets of CN¥3.16 Billion against total assets of CN¥4.49 Billion CNY. For live market cap and overall valuation, see Mudanjiang Hengfeng Paper Co Ltd market capitalisation.
Annual Net Asset Quality Index for Mudanjiang Hengfeng Paper Co Ltd (1997–2025)
The table below presents the year-by-year Net Asset Quality Index for Mudanjiang Hengfeng Paper Co Ltd from 1997 to 2025, covering 29 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 Mudanjiang Hengfeng Paper Co Ltd (600356) strategic investment index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 73.8% | CN¥2.81 Billion | CN¥3.81 Billion | CN¥998.68 Million | ▼ -2.5 pp |
| 2024 | 76.3% | CN¥2.65 Billion | CN¥3.47 Billion | CN¥822.91 Million | ▼ -5.0 pp |
| 2023 | 81.3% | CN¥2.57 Billion | CN¥3.17 Billion | CN¥593.72 Million | ▲ +0.5 pp |
| 2022 | 80.8% | CN¥2.47 Billion | CN¥3.06 Billion | CN¥588.78 Million | ▲ +0.1 pp |
| 2021 | 80.7% | CN¥2.37 Billion | CN¥2.94 Billion | CN¥568.14 Million | ▲ +4.3 pp |
| 2020 | 76.4% | CN¥2.32 Billion | CN¥3.03 Billion | CN¥717.31 Million | ▲ +1.5 pp |
| 2019 | 74.9% | CN¥2.20 Billion | CN¥2.94 Billion | CN¥737.45 Million | ▼ -3.1 pp |
| 2018 | 78.0% | CN¥2.13 Billion | CN¥2.73 Billion | CN¥601.65 Million | ▲ +0.9 pp |
| 2017 | 77.1% | CN¥2.10 Billion | CN¥2.72 Billion | CN¥621.52 Million | ▲ +2.6 pp |
| 2016 | 74.5% | CN¥2.03 Billion | CN¥2.72 Billion | CN¥694.62 Million | ▲ +0.7 pp |
| 2015 | 73.7% | CN¥1.96 Billion | CN¥2.66 Billion | CN¥698.12 Million | ▲ +13.9 pp |
| 2014 | 59.8% | CN¥1.62 Billion | CN¥2.70 Billion | CN¥1.09 Billion | ▲ +1.3 pp |
| 2013 | 58.5% | CN¥1.56 Billion | CN¥2.66 Billion | CN¥1.10 Billion | ▲ +8.2 pp |
| 2012 | 50.3% | CN¥1.39 Billion | CN¥2.77 Billion | CN¥1.38 Billion | ▼ -2.9 pp |
| 2011 | 53.2% | CN¥1.24 Billion | CN¥2.33 Billion | CN¥1.09 Billion | ▼ -8.5 pp |
| 2010 | 61.7% | CN¥1.17 Billion | CN¥1.90 Billion | CN¥726.15 Million | ▼ -9.3 pp |
| 2009 | 71.0% | CN¥1.15 Billion | CN¥1.62 Billion | CN¥469.56 Million | ▼ -1.2 pp |
| 2008 | 72.1% | CN¥1.09 Billion | CN¥1.51 Billion | CN¥419.62 Million | ▲ +6.3 pp |
| 2007 | 65.8% | CN¥1.05 Billion | CN¥1.60 Billion | CN¥545.20 Million | ▲ +17.6 pp |
| 2006 | 48.2% | CN¥755.55 Million | CN¥1.57 Billion | CN¥810.47 Million | ▼ -0.6 pp |
| 2005 | 48.8% | CN¥705.59 Million | CN¥1.45 Billion | CN¥739.64 Million | ▼ -6.9 pp |
| 2004 | 55.7% | CN¥644.39 Million | CN¥1.16 Billion | CN¥512.50 Million | ▼ -7.4 pp |
| 2003 | 63.1% | CN¥597.81 Million | CN¥947.09 Million | CN¥349.28 Million | ▼ -12.2 pp |
| 2002 | 75.4% | CN¥528.10 Million | CN¥700.86 Million | CN¥172.76 Million | ▲ +0.5 pp |
| 2001 | 74.8% | CN¥490.79 Million | CN¥656.01 Million | CN¥165.21 Million | ▲ +6.4 pp |
| 2000 | 68.4% | CN¥457.96 Million | CN¥669.61 Million | CN¥211.65 Million | ▲ +25.5 pp |
| 1999 | 42.9% | CN¥161.80 Million | CN¥376.96 Million | CN¥215.16 Million | ▼ -12.9 pp |
| 1998 | 55.9% | CN¥188.59 Million | CN¥337.58 Million | CN¥148.99 Million | ▼ -6.4 pp |
| 1997 | 62.2% | CN¥173.54 Million | CN¥278.86 Million | CN¥105.32 Million | — |