Apple Flavor&Fragrance Grp Net Asset Quality Index

Latest as of March 2026: 94.1%

Apple Flavor&Fragrance Grp net asset quality index. Apple Flavor&Fragrance Grp (603020) has a Net Asset Quality Index of 94.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥3.68 Billion minus total liabilities of CN¥216.12 Million yields net assets of CN¥3.47 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See net assets of Apple Flavor&Fragrance Grp for net asset value and shareholders' equity analysis.

Quality Index

94.1%
Equity / Total Assets

Net Assets

CN¥3.47 Billion
CNY

Total Assets

CN¥3.68 Billion
CNY

Total Liabilities

CN¥216.12 Million
CNY

Net Asset Quality Index of Apple Flavor&Fragrance Grp (2011–2025)

Net asset quality index of Apple Flavor&Fragrance Grp from 2011 to 2025. This chart shows how Apple Flavor&Fragrance Grp's Net Asset Quality Index has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the index stands at 94.1%, representing net assets of CN¥3.47 Billion against total assets of CN¥3.68 Billion CNY. Check asset allocation strategy of Apple Flavor&Fragrance Grp to assess the company's strategic physical and investment asset allocation.

Apple Flavor&Fragrance Grp Net Asset Quality Index by Year (2011–2025)

Apple Flavor&Fragrance Grp net asset quality index by year from 2011 to 2025. The table below presents the year-by-year Net Asset Quality Index for Apple Flavor&Fragrance Grp from 2011 to 2025, covering 15 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 603020 market cap overview.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2025 94.4% CN¥3.43 Billion CN¥3.63 Billion CN¥204.83 Million ▲ +1.1 pp
2024 93.2% CN¥3.40 Billion CN¥3.65 Billion CN¥246.17 Million ▲ +4.5 pp
2023 88.7% CN¥3.39 Billion CN¥3.82 Billion CN¥431.57 Million ▲ +3.0 pp
2022 85.7% CN¥3.32 Billion CN¥3.87 Billion CN¥553.98 Million ▼ -1.1 pp
2021 86.8% CN¥3.35 Billion CN¥3.86 Billion CN¥510.87 Million ▼ -0.1 pp
2020 86.9% CN¥2.43 Billion CN¥2.79 Billion CN¥365.13 Million ▼ -0.3 pp
2019 87.2% CN¥2.29 Billion CN¥2.63 Billion CN¥337.12 Million ▼ -3.0 pp
2018 90.1% CN¥2.16 Billion CN¥2.40 Billion CN¥236.20 Million ▲ +0.4 pp
2017 89.7% CN¥1.98 Billion CN¥2.20 Billion CN¥226.84 Million ▲ +0.5 pp
2016 89.2% CN¥1.91 Billion CN¥2.14 Billion CN¥231.77 Million ▲ +2.5 pp
2015 86.7% CN¥1.78 Billion CN¥2.05 Billion CN¥272.21 Million ▲ +6.8 pp
2014 79.9% CN¥888.74 Million CN¥1.11 Billion CN¥223.43 Million ▲ +3.7 pp
2013 76.2% CN¥776.28 Million CN¥1.02 Billion CN¥241.87 Million ▲ +0.6 pp
2012 75.6% CN¥649.01 Million CN¥858.10 Million CN¥209.08 Million ▲ +11.4 pp
2011 64.2% CN¥531.86 Million CN¥828.03 Million CN¥296.18 Million —
pp = percentage points