Tianjin You Fa Steel Pipe Group Stock Co Ltd Net Asset Quality Index
Tianjin You Fa Steel Pipe Group Stock Co Ltd net asset quality index. Tianjin You Fa Steel Pipe Group Stock Co Ltd (601686) has a Net Asset Quality Index of 27.8% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥26.74 Billion minus total liabilities of CN¥19.30 Billion yields net assets of CN¥7.44 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check 601686 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Tianjin You Fa Steel Pipe Group Stock Co Ltd (2016–2024)
Net asset quality index of Tianjin You Fa Steel Pipe Group Stock Co Ltd from 2016 to 2024. This chart shows how Tianjin You Fa Steel Pipe Group Stock Co Ltd's Net Asset Quality Index has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the index stands at 27.8%, representing net assets of CN¥7.44 Billion against total assets of CN¥26.74 Billion CNY. See 601686 net assets for net asset value and shareholders' equity analysis.
Tianjin You Fa Steel Pipe Group Stock Co Ltd Net Asset Quality Index by Year (2016–2024)
Tianjin You Fa Steel Pipe Group Stock Co Ltd net asset quality index by year from 2016 to 2024. The table below presents the year-by-year Net Asset Quality Index for Tianjin You Fa Steel Pipe Group Stock Co Ltd from 2016 to 2024, covering 9 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 live market cap and overall valuation, see market cap of Tianjin You Fa Steel Pipe Group Stock Co.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 30.2% | CN¥7.85 Billion | CN¥26.00 Billion | CN¥18.15 Billion | ▼ -13.5 pp |
| 2023 | 43.6% | CN¥7.70 Billion | CN¥17.65 Billion | CN¥9.95 Billion | ▼ -0.3 pp |
| 2022 | 44.0% | CN¥7.38 Billion | CN¥16.78 Billion | CN¥9.40 Billion | ▼ -1.6 pp |
| 2021 | 45.6% | CN¥7.24 Billion | CN¥15.87 Billion | CN¥8.63 Billion | ▼ -12.2 pp |
| 2020 | 57.8% | CN¥6.85 Billion | CN¥11.84 Billion | CN¥4.99 Billion | ▲ +10.8 pp |
| 2019 | 47.0% | CN¥4.17 Billion | CN¥8.86 Billion | CN¥4.69 Billion | ▲ +1.2 pp |
| 2018 | 45.9% | CN¥3.41 Billion | CN¥7.44 Billion | CN¥4.03 Billion | ▲ +5.5 pp |
| 2017 | 40.4% | CN¥2.65 Billion | CN¥6.56 Billion | CN¥3.91 Billion | ▲ +4.9 pp |
| 2016 | 35.5% | CN¥2.19 Billion | CN¥6.18 Billion | CN¥3.99 Billion | — |