Zhejiang Red Dragonfly Footwear Co Ltd (603116) — Net Asset Quality Index

Latest as of March 2026: 76.6%

Zhejiang Red Dragonfly Footwear Co Ltd (603116) has a Net Asset Quality Index of 76.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥3.53 Billion minus total liabilities of CN¥827.12 Million yields net assets of CN¥2.70 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See 603116 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Quality Index

76.6%
Equity / Total Assets

Net Assets

CN¥2.70 Billion
CNY

Total Assets

CN¥3.53 Billion
CNY

Total Liabilities

CN¥827.12 Million
CNY

Zhejiang Red Dragonfly Footwear Co Ltd Net Asset Quality Index Over Time (2011–2025)

This chart shows how Zhejiang Red Dragonfly Footwear Co Ltd's Net Asset Quality Index has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the index stands at 76.6%, representing net assets of CN¥2.70 Billion against total assets of CN¥3.53 Billion CNY. Explore 603116 operating cash flow to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Zhejiang Red Dragonfly Footwear Co Ltd (2011–2025)

The table below presents the year-by-year Net Asset Quality Index for Zhejiang Red Dragonfly Footwear Co Ltd 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 market capitalisation and the full company profile, see 603116 company net worth.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2025 74.3% CN¥2.69 Billion CN¥3.62 Billion CN¥931.84 Million ▼ -1.1 pp
2024 75.3% CN¥2.98 Billion CN¥3.96 Billion CN¥976.26 Million ▲ +1.9 pp
2023 73.4% CN¥3.20 Billion CN¥4.36 Billion CN¥1.16 Billion ▲ +3.0 pp
2022 70.5% CN¥3.32 Billion CN¥4.72 Billion CN¥1.39 Billion ▼ -4.9 pp
2021 75.4% CN¥3.43 Billion CN¥4.55 Billion CN¥1.12 Billion ▲ +3.1 pp
2020 72.3% CN¥3.53 Billion CN¥4.88 Billion CN¥1.35 Billion ▼ -1.8 pp
2019 74.2% CN¥3.45 Billion CN¥4.65 Billion CN¥1.20 Billion ▼ -1.9 pp
2018 76.0% CN¥3.54 Billion CN¥4.65 Billion CN¥1.12 Billion ▲ +1.0 pp
2017 75.0% CN¥3.48 Billion CN¥4.64 Billion CN¥1.16 Billion ▲ +2.2 pp
2016 72.8% CN¥3.20 Billion CN¥4.39 Billion CN¥1.19 Billion ▲ +0.1 pp
2015 72.7% CN¥2.95 Billion CN¥4.05 Billion CN¥1.11 Billion ▲ +12.3 pp
2014 60.5% CN¥1.67 Billion CN¥2.76 Billion CN¥1.09 Billion ▲ +7.7 pp
2013 52.8% CN¥1.41 Billion CN¥2.68 Billion CN¥1.26 Billion ▲ +7.0 pp
2012 45.8% CN¥1.16 Billion CN¥2.52 Billion CN¥1.37 Billion ▲ +4.8 pp
2011 41.0% CN¥909.37 Million CN¥2.22 Billion CN¥1.31 Billion
pp = percentage points