Ming Yang Smart Energy Group Ltd (601615) — Net Asset Quality Index

Latest as of March 2026: 28.1%

Ming Yang Smart Energy Group Ltd (601615) has a Net Asset Quality Index of 28.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥97.74 Billion minus total liabilities of CN¥70.26 Billion yields net assets of CN¥27.48 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Ming Yang Smart Energy Group Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

28.1%
Equity / Total Assets

Net Assets

CN¥27.48 Billion
CNY

Total Assets

CN¥97.74 Billion
CNY

Total Liabilities

CN¥70.26 Billion
CNY

Ming Yang Smart Energy Group Ltd Net Asset Quality Index Over Time (2007–2025)

This chart shows how Ming Yang Smart Energy Group Ltd's Net Asset Quality Index has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the index stands at 28.1%, representing net assets of CN¥27.48 Billion against total assets of CN¥97.74 Billion CNY. See Ming Yang Smart Energy Group Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Ming Yang Smart Energy Group Ltd (2007–2025)

The table below presents the year-by-year Net Asset Quality Index for Ming Yang Smart Energy Group 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 Ming Yang Smart Energy Group Ltd market capitalisation.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2025 28.3% CN¥27.40 Billion CN¥96.85 Billion CN¥69.46 Billion ▼ -3.1 pp
2024 31.4% CN¥27.26 Billion CN¥86.79 Billion CN¥59.53 Billion ▼ -2.5 pp
2023 33.9% CN¥28.45 Billion CN¥83.86 Billion CN¥55.41 Billion ▼ -7.2 pp
2022 41.1% CN¥28.37 Billion CN¥68.94 Billion CN¥40.57 Billion ▲ +11.1 pp
2021 30.1% CN¥18.49 Billion CN¥61.49 Billion CN¥43.00 Billion ▲ +0.9 pp
2020 29.2% CN¥15.08 Billion CN¥51.63 Billion CN¥36.54 Billion ▲ +8.8 pp
2019 20.4% CN¥7.09 Billion CN¥34.70 Billion CN¥27.60 Billion ▼ -1.4 pp
2018 21.9% CN¥4.89 Billion CN¥22.33 Billion CN¥17.44 Billion ▼ -0.4 pp
2017 22.3% CN¥4.26 Billion CN¥19.12 Billion CN¥14.87 Billion ▲ +1.8 pp
2016 20.4% CN¥3.70 Billion CN¥18.12 Billion CN¥14.42 Billion ▼ -1.2 pp
2015 21.6% CN¥3.26 Billion CN¥15.11 Billion CN¥11.85 Billion ▼ -1.1 pp
2014 22.6% CN¥2.88 Billion CN¥12.71 Billion CN¥9.83 Billion ▼ -6.1 pp
2013 28.7% CN¥3.02 Billion CN¥10.50 Billion CN¥7.48 Billion ▲ +1.2 pp
2012 27.6% CN¥2.98 Billion CN¥10.80 Billion CN¥7.82 Billion ▼ -4.4 pp
2011 32.0% CN¥3.13 Billion CN¥9.78 Billion CN¥6.65 Billion ▼ -7.0 pp
2010 39.1% CN¥2.86 Billion CN¥7.33 Billion CN¥4.47 Billion ▲ +7.2 pp
2009 31.9% CN¥1.16 Billion CN¥3.63 Billion CN¥2.47 Billion ▲ +0.1 pp
2008 31.8% CN¥340.51 Million CN¥1.07 Billion CN¥729.40 Million ▼ -59.1 pp
2007 90.9% CN¥228.88 Million CN¥251.75 Million CN¥22.88 Million
pp = percentage points