Xinjiang Torch Gas Co Ltd Net Asset Quality Index
Xinjiang Torch Gas Co Ltd net asset quality index. Xinjiang Torch Gas Co Ltd (603080) has a Net Asset Quality Index of 70.1% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥2.61 Billion minus total liabilities of CN¥780.97 Million yields net assets of CN¥1.83 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Xinjiang Torch Gas Co Ltd shareholders equity for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Xinjiang Torch Gas Co Ltd (2012–2025)
Net asset quality index of Xinjiang Torch Gas Co Ltd from 2012 to 2025. This chart shows how Xinjiang Torch Gas Co Ltd's Net Asset Quality Index has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the index stands at 70.1%, representing net assets of CN¥1.83 Billion against total assets of CN¥2.61 Billion CNY. Check 603080 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Xinjiang Torch Gas Co Ltd Net Asset Quality Index by Year (2012–2025)
Xinjiang Torch Gas Co Ltd net asset quality index by year from 2012 to 2025. The table below presents the year-by-year Net Asset Quality Index for Xinjiang Torch Gas Co Ltd from 2012 to 2025, 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 live market cap and overall valuation, see market value of Xinjiang Torch Gas Co Ltd.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 69.0% | CN¥1.80 Billion | CN¥2.60 Billion | CN¥808.10 Million | ▼ -0.1 pp |
| 2024 | 69.1% | CN¥1.66 Billion | CN¥2.40 Billion | CN¥742.30 Million | ▲ +2.8 pp |
| 2023 | 66.3% | CN¥1.55 Billion | CN¥2.33 Billion | CN¥786.44 Million | ▼ -4.8 pp |
| 2022 | 71.1% | CN¥1.32 Billion | CN¥1.86 Billion | CN¥537.72 Million | ▲ +9.1 pp |
| 2021 | 62.0% | CN¥1.28 Billion | CN¥2.06 Billion | CN¥784.19 Million | ▼ -2.8 pp |
| 2020 | 64.8% | CN¥1.20 Billion | CN¥1.85 Billion | CN¥649.76 Million | ▼ -4.5 pp |
| 2019 | 69.3% | CN¥1.14 Billion | CN¥1.64 Billion | CN¥502.99 Million | ▼ -7.3 pp |
| 2018 | 76.6% | CN¥1.03 Billion | CN¥1.34 Billion | CN¥312.67 Million | ▼ -9.2 pp |
| 2017 | 85.8% | CN¥959.79 Million | CN¥1.12 Billion | CN¥158.58 Million | ▲ +7.9 pp |
| 2016 | 77.9% | CN¥443.63 Million | CN¥569.36 Million | CN¥125.73 Million | ▲ +11.4 pp |
| 2015 | 66.5% | CN¥325.81 Million | CN¥490.17 Million | CN¥164.36 Million | ▲ +21.3 pp |
| 2014 | 45.2% | CN¥165.27 Million | CN¥365.89 Million | CN¥200.62 Million | ▲ +6.6 pp |
| 2013 | 38.6% | CN¥180.31 Million | CN¥466.92 Million | CN¥286.61 Million | ▲ +8.1 pp |
| 2012 | 30.5% | CN¥120.71 Million | CN¥395.44 Million | CN¥274.73 Million | — |