Hang Xiao Steel Structure Co Ltd (600477) — Net Asset Quality Index
Hang Xiao Steel Structure Co Ltd (600477) has a Net Asset Quality Index of 34.9% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥15.49 Billion minus total liabilities of CN¥10.09 Billion yields net assets of CN¥5.40 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See how many days can Hang Xiao Steel Structure Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Hang Xiao Steel Structure Co Ltd Net Asset Quality Index Over Time (2000–2024)
This chart shows how Hang Xiao Steel Structure Co Ltd's Net Asset Quality Index has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the index stands at 34.9%, representing net assets of CN¥5.40 Billion against total assets of CN¥15.49 Billion CNY. Explore 600477 cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Hang Xiao Steel Structure Co Ltd (2000–2024)
The table below presents the year-by-year Net Asset Quality Index for Hang Xiao Steel Structure Co Ltd from 2000 to 2024, covering 25 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 market value of Hang Xiao Steel Structure Co Ltd.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 32.8% | CN¥5.43 Billion | CN¥16.54 Billion | CN¥11.11 Billion | ▼ -1.1 pp |
| 2023 | 33.9% | CN¥5.56 Billion | CN¥16.42 Billion | CN¥10.86 Billion | ▼ -5.2 pp |
| 2022 | 39.1% | CN¥5.45 Billion | CN¥13.93 Billion | CN¥8.48 Billion | ▼ -0.3 pp |
| 2021 | 39.4% | CN¥4.63 Billion | CN¥11.75 Billion | CN¥7.12 Billion | ▼ -7.9 pp |
| 2020 | 47.3% | CN¥4.24 Billion | CN¥8.96 Billion | CN¥4.72 Billion | ▲ +5.5 pp |
| 2019 | 41.8% | CN¥3.67 Billion | CN¥8.78 Billion | CN¥5.11 Billion | ▼ -1.1 pp |
| 2018 | 42.9% | CN¥3.39 Billion | CN¥7.91 Billion | CN¥4.51 Billion | ▼ -0.6 pp |
| 2017 | 43.5% | CN¥3.02 Billion | CN¥6.95 Billion | CN¥3.93 Billion | ▲ +7.1 pp |
| 2016 | 36.3% | CN¥2.28 Billion | CN¥6.28 Billion | CN¥3.99 Billion | ▲ +5.3 pp |
| 2015 | 31.1% | CN¥1.99 Billion | CN¥6.42 Billion | CN¥4.43 Billion | ▲ +6.8 pp |
| 2014 | 24.2% | CN¥1.58 Billion | CN¥6.54 Billion | CN¥4.95 Billion | ▲ +5.0 pp |
| 2013 | 19.3% | CN¥1.20 Billion | CN¥6.20 Billion | CN¥5.01 Billion | ▼ -0.8 pp |
| 2012 | 20.0% | CN¥1.15 Billion | CN¥5.72 Billion | CN¥4.57 Billion | ▼ -3.0 pp |
| 2011 | 23.1% | CN¥1.27 Billion | CN¥5.50 Billion | CN¥4.23 Billion | ▼ -6.6 pp |
| 2010 | 29.7% | CN¥1.14 Billion | CN¥3.85 Billion | CN¥2.71 Billion | ▲ +3.6 pp |
| 2009 | 26.1% | CN¥823.77 Million | CN¥3.16 Billion | CN¥2.33 Billion | ▲ +3.9 pp |
| 2008 | 22.2% | CN¥706.26 Million | CN¥3.18 Billion | CN¥2.47 Billion | ▲ +1.9 pp |
| 2007 | 20.3% | CN¥640.28 Million | CN¥3.15 Billion | CN¥2.51 Billion | ▼ -2.5 pp |
| 2006 | 22.8% | CN¥627.05 Million | CN¥2.75 Billion | CN¥2.13 Billion | ▼ -4.4 pp |
| 2005 | 27.1% | CN¥616.64 Million | CN¥2.27 Billion | CN¥1.66 Billion | ▼ -6.8 pp |
| 2004 | 33.9% | CN¥619.08 Million | CN¥1.82 Billion | CN¥1.20 Billion | ▼ -2.3 pp |
| 2003 | 36.2% | CN¥467.38 Million | CN¥1.29 Billion | CN¥823.49 Million | ▲ +16.3 pp |
| 2002 | 19.9% | CN¥121.72 Million | CN¥612.35 Million | CN¥490.63 Million | ▼ -5.1 pp |
| 2001 | 25.0% | CN¥72.46 Million | CN¥290.21 Million | CN¥217.75 Million | ▲ +4.9 pp |
| 2000 | 20.1% | CN¥50.05 Million | CN¥248.84 Million | CN¥198.79 Million | — |