Ningxia Baofeng Energy Group Co Ltd (600989) — Net Asset Quality Index

Latest as of March 2026: 55.1%

Ningxia Baofeng Energy Group Co Ltd (600989) has a Net Asset Quality Index of 55.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥94.51 Billion minus total liabilities of CN¥42.39 Billion yields net assets of CN¥52.12 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check financial resilience of Ningxia Baofeng Energy Group Co Ltd to evaluate the company's liquid asset resilience ratio.

Quality Index

55.1%
Equity / Total Assets

Net Assets

CN¥52.12 Billion
CNY

Total Assets

CN¥94.51 Billion
CNY

Total Liabilities

CN¥42.39 Billion
CNY

Ningxia Baofeng Energy Group Co Ltd Net Asset Quality Index Over Time (2007–2025)

This chart shows how Ningxia Baofeng Energy Group Co Ltd's Net Asset Quality Index has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the index stands at 55.1%, representing net assets of CN¥52.12 Billion against total assets of CN¥94.51 Billion CNY. See Ningxia Baofeng Energy Group Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Ningxia Baofeng Energy Group Co Ltd (2007–2025)

The table below presents the year-by-year Net Asset Quality Index for Ningxia Baofeng Energy Group Co Ltd from 2007 to 2025, covering 19 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 600989 market cap.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2025 53.9% CN¥48.61 Billion CN¥90.15 Billion CN¥41.54 Billion ▲ +5.8 pp
2024 48.1% CN¥43.11 Billion CN¥89.57 Billion CN¥46.45 Billion ▼ -5.8 pp
2023 53.9% CN¥38.61 Billion CN¥71.63 Billion CN¥33.02 Billion ▼ -5.1 pp
2022 59.0% CN¥33.95 Billion CN¥57.58 Billion CN¥23.63 Billion ▼ -10.4 pp
2021 69.3% CN¥30.77 Billion CN¥44.37 Billion CN¥13.60 Billion ▲ +1.1 pp
2020 68.2% CN¥25.99 Billion CN¥38.11 Billion CN¥12.12 Billion ▼ -2.2 pp
2019 70.4% CN¥23.43 Billion CN¥33.29 Billion CN¥9.86 Billion ▲ +19.4 pp
2018 51.0% CN¥13.68 Billion CN¥26.83 Billion CN¥13.15 Billion ▲ +5.2 pp
2017 45.8% CN¥11.46 Billion CN¥25.03 Billion CN¥13.57 Billion ▲ +6.4 pp
2016 39.4% CN¥10.89 Billion CN¥27.66 Billion CN¥16.77 Billion ▲ +4.7 pp
2015 34.7% CN¥9.11 Billion CN¥26.26 Billion CN¥17.15 Billion ▲ +4.5 pp
2014 30.2% CN¥7.57 Billion CN¥25.07 Billion CN¥17.49 Billion ▼ -2.4 pp
2013 32.7% CN¥6.68 Billion CN¥20.45 Billion CN¥13.77 Billion ▲ +2.4 pp
2012 30.3% CN¥4.80 Billion CN¥15.87 Billion CN¥11.07 Billion ▲ +1.4 pp
2011 28.9% CN¥3.69 Billion CN¥12.77 Billion CN¥9.08 Billion ▼ -1.2 pp
2010 30.1% CN¥2.87 Billion CN¥9.52 Billion CN¥6.66 Billion ▼ -0.1 pp
2009 30.2% CN¥2.23 Billion CN¥7.38 Billion CN¥5.15 Billion ▼ -7.2 pp
2008 37.3% CN¥2.10 Billion CN¥5.63 Billion CN¥3.53 Billion ▼ -0.2 pp
2007 37.6% CN¥1.19 Billion CN¥3.17 Billion CN¥1.98 Billion
pp = percentage points