Mudanjiang Hengfeng Paper Co Ltd (600356) — Net Asset Quality Index

Latest as of March 2026: 70.3%

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. See Mudanjiang Hengfeng Paper Co Ltd (600356) defensive interval to measure how many days the company can operate on defensive assets alone.

Quality Index

70.3%
Equity / Total Assets

Net Assets

CN¥3.16 Billion
CNY

Total Assets

CN¥4.49 Billion
CNY

Total Liabilities

CN¥1.33 Billion
CNY

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. Explore Mudanjiang Hengfeng Paper Co Ltd operating cash flow efficiency to assess how effectively this company generates cash.

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. For market capitalisation and the full company profile, see Mudanjiang Hengfeng Paper Co Ltd (600356) market capitalisation.

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
pp = percentage points