Shandong Swan Cotton (603029) — Net Asset Quality Index
Shandong Swan Cotton (603029) has a Net Asset Quality Index of 39.8% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥2.33 Billion minus total liabilities of CN¥1.40 Billion yields net assets of CN¥929.56 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read Shandong Swan Cotton (603029) total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Shandong Swan Cotton Net Asset Quality Index Over Time (2011–2024)
This chart shows how Shandong Swan Cotton's Net Asset Quality Index has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the index stands at 39.8%, representing net assets of CN¥929.56 Million against total assets of CN¥2.33 Billion CNY. For live market cap and overall valuation, see market value of Shandong Swan Cotton.
Annual Net Asset Quality Index for Shandong Swan Cotton (2011–2024)
The table below presents the year-by-year Net Asset Quality Index for Shandong Swan Cotton 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. Check Shandong Swan Cotton strategic capital allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 40.0% | CN¥896.61 Million | CN¥2.24 Billion | CN¥1.34 Billion | ▲ +1.8 pp |
| 2023 | 38.2% | CN¥847.68 Million | CN¥2.22 Billion | CN¥1.37 Billion | ▼ -4.5 pp |
| 2022 | 42.7% | CN¥798.48 Million | CN¥1.87 Billion | CN¥1.07 Billion | ▼ -13.1 pp |
| 2021 | 55.8% | CN¥748.97 Million | CN¥1.34 Billion | CN¥592.07 Million | ▼ -1.9 pp |
| 2020 | 57.7% | CN¥760.64 Million | CN¥1.32 Billion | CN¥556.62 Million | ▼ -4.9 pp |
| 2019 | 62.7% | CN¥783.56 Million | CN¥1.25 Billion | CN¥466.82 Million | ▼ -4.4 pp |
| 2018 | 67.1% | CN¥769.04 Million | CN¥1.15 Billion | CN¥377.54 Million | ▼ -9.0 pp |
| 2017 | 76.0% | CN¥713.02 Million | CN¥937.86 Million | CN¥224.84 Million | ▼ -1.2 pp |
| 2016 | 77.3% | CN¥709.58 Million | CN¥918.27 Million | CN¥208.69 Million | ▲ +18.8 pp |
| 2015 | 58.5% | CN¥507.36 Million | CN¥867.49 Million | CN¥360.14 Million | ▲ +8.2 pp |
| 2014 | 50.3% | CN¥464.97 Million | CN¥923.92 Million | CN¥458.95 Million | ▲ +11.6 pp |
| 2013 | 38.7% | CN¥418.44 Million | CN¥1.08 Billion | CN¥662.90 Million | ▼ -0.4 pp |
| 2012 | 39.1% | CN¥363.79 Million | CN¥929.46 Million | CN¥565.67 Million | ▼ -5.9 pp |
| 2011 | 45.1% | CN¥333.83 Million | CN¥740.53 Million | CN¥406.69 Million | — |