Shanghai Sinotec Co Ltd (603121) — Net Asset Quality Index
Shanghai Sinotec Co Ltd (603121) has a Net Asset Quality Index of 55.8% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥2.16 Billion minus total liabilities of CN¥953.01 Million yields net assets of CN¥1.20 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Shanghai Sinotec Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Shanghai Sinotec Co Ltd Net Asset Quality Index Over Time (2014–2024)
This chart shows how Shanghai Sinotec Co Ltd's Net Asset Quality Index has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the index stands at 55.8%, representing net assets of CN¥1.20 Billion against total assets of CN¥2.16 Billion CNY. Explore Shanghai Sinotec Co Ltd cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Shanghai Sinotec Co Ltd (2014–2024)
The table below presents the year-by-year Net Asset Quality Index for Shanghai Sinotec Co Ltd from 2014 to 2024, covering 11 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 market value of Shanghai Sinotec Co Ltd.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 59.2% | CN¥1.25 Billion | CN¥2.12 Billion | CN¥864.41 Million | ▼ -1.2 pp |
| 2023 | 60.4% | CN¥1.27 Billion | CN¥2.09 Billion | CN¥829.76 Million | ▲ +6.7 pp |
| 2022 | 53.7% | CN¥1.18 Billion | CN¥2.19 Billion | CN¥1.02 Billion | ▼ -19.5 pp |
| 2021 | 73.2% | CN¥1.15 Billion | CN¥1.58 Billion | CN¥423.86 Million | ▲ +3.5 pp |
| 2020 | 69.7% | CN¥1.12 Billion | CN¥1.61 Billion | CN¥486.92 Million | ▼ -9.0 pp |
| 2019 | 78.7% | CN¥1.11 Billion | CN¥1.41 Billion | CN¥299.39 Million | ▲ +0.2 pp |
| 2018 | 78.5% | CN¥563.78 Million | CN¥718.46 Million | CN¥154.68 Million | ▼ -2.7 pp |
| 2017 | 81.2% | CN¥485.16 Million | CN¥597.66 Million | CN¥112.50 Million | ▼ -1.5 pp |
| 2016 | 82.7% | CN¥385.60 Million | CN¥466.30 Million | CN¥80.70 Million | ▲ +22.3 pp |
| 2015 | 60.4% | CN¥235.67 Million | CN¥389.94 Million | CN¥154.27 Million | ▼ -11.4 pp |
| 2014 | 71.8% | CN¥205.13 Million | CN¥285.54 Million | CN¥80.41 Million | — |