Shanghai Xintonglian Packaging Co Ltd (603022) — Net Asset Quality Index
Shanghai Xintonglian Packaging Co Ltd (603022) has a Net Asset Quality Index of 70.2% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥1.16 Billion minus total liabilities of CN¥346.54 Million yields net assets of CN¥817.36 Million. A higher index indicates a stronger, lower-leverage balance sheet. See 603022 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Shanghai Xintonglian Packaging Co Ltd Net Asset Quality Index Over Time (2011–2024)
This chart shows how Shanghai Xintonglian Packaging Co Ltd's Net Asset Quality Index has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the index stands at 70.2%, representing net assets of CN¥817.36 Million against total assets of CN¥1.16 Billion CNY. Explore Shanghai Xintonglian Packaging Co Ltd cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Shanghai Xintonglian Packaging Co Ltd (2011–2024)
The table below presents the year-by-year Net Asset Quality Index for Shanghai Xintonglian Packaging Co Ltd from 2011 to 2024, covering 14 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 Shanghai Xintonglian Packaging Co Ltd market capitalisation.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 71.8% | CN¥795.78 Million | CN¥1.11 Billion | CN¥312.01 Million | ▼ -2.5 pp |
| 2023 | 74.4% | CN¥771.39 Million | CN¥1.04 Billion | CN¥265.81 Million | ▲ +1.2 pp |
| 2022 | 73.2% | CN¥731.67 Million | CN¥1.00 Billion | CN¥268.40 Million | ▲ +20.3 pp |
| 2021 | 52.8% | CN¥687.88 Million | CN¥1.30 Billion | CN¥614.36 Million | ▼ -21.4 pp |
| 2020 | 74.3% | CN¥672.88 Million | CN¥906.10 Million | CN¥233.22 Million | ▼ -0.8 pp |
| 2019 | 75.0% | CN¥638.78 Million | CN¥851.17 Million | CN¥212.38 Million | ▼ -0.3 pp |
| 2018 | 75.3% | CN¥617.33 Million | CN¥819.58 Million | CN¥202.25 Million | ▼ -0.2 pp |
| 2017 | 75.5% | CN¥593.54 Million | CN¥786.31 Million | CN¥192.77 Million | ▼ -5.9 pp |
| 2016 | 81.4% | CN¥577.77 Million | CN¥709.64 Million | CN¥131.87 Million | ▼ -3.1 pp |
| 2015 | 84.5% | CN¥558.36 Million | CN¥661.03 Million | CN¥102.67 Million | ▲ +26.1 pp |
| 2014 | 58.3% | CN¥272.56 Million | CN¥467.20 Million | CN¥194.64 Million | ▼ -3.9 pp |
| 2013 | 62.3% | CN¥227.25 Million | CN¥365.06 Million | CN¥137.81 Million | ▲ +2.5 pp |
| 2012 | 59.8% | CN¥175.46 Million | CN¥293.46 Million | CN¥117.99 Million | ▲ +12.0 pp |
| 2011 | 47.8% | CN¥124.48 Million | CN¥260.48 Million | CN¥136.01 Million | — |