Lanzhou LS Heavy Equipment Co (603169) — Net Asset Quality Index

Latest as of March 2026: 23.5%

Lanzhou LS Heavy Equipment Co (603169) has a Net Asset Quality Index of 23.5% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥12.57 Billion minus total liabilities of CN¥9.62 Billion yields net assets of CN¥2.95 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read Lanzhou LS Heavy Equipment Co (603169) total liabilities for a breakdown of total debt and financial obligations.

Quality Index

23.5%
Equity / Total Assets

Net Assets

CN¥2.95 Billion
CNY

Total Assets

CN¥12.57 Billion
CNY

Total Liabilities

CN¥9.62 Billion
CNY

Lanzhou LS Heavy Equipment Co Net Asset Quality Index Over Time (2011–2025)

This chart shows how Lanzhou LS Heavy Equipment Co's Net Asset Quality Index has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the index stands at 23.5%, representing net assets of CN¥2.95 Billion against total assets of CN¥12.57 Billion CNY. For live market cap and overall valuation, see Lanzhou LS Heavy Equipment Co market cap and net worth.

Annual Net Asset Quality Index for Lanzhou LS Heavy Equipment Co (2011–2025)

The table below presents the year-by-year Net Asset Quality Index for Lanzhou LS Heavy Equipment Co 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. Check 603169 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2025 23.0% CN¥2.87 Billion CN¥12.46 Billion CN¥9.59 Billion ▼ -5.5 pp
2024 28.5% CN¥3.53 Billion CN¥12.38 Billion CN¥8.85 Billion ▲ +1.7 pp
2023 26.8% CN¥3.36 Billion CN¥12.54 Billion CN¥9.18 Billion ▼ -1.8 pp
2022 28.6% CN¥3.35 Billion CN¥11.71 Billion CN¥8.36 Billion ▲ +2.3 pp
2021 26.3% CN¥3.19 Billion CN¥12.12 Billion CN¥8.93 Billion ▲ +9.8 pp
2020 16.5% CN¥1.74 Billion CN¥10.54 Billion CN¥8.81 Billion ▼ -1.6 pp
2019 18.1% CN¥2.02 Billion CN¥11.17 Billion CN¥9.15 Billion ▲ +1.1 pp
2018 17.0% CN¥1.93 Billion CN¥11.34 Billion CN¥9.41 Billion ▼ -14.4 pp
2017 31.4% CN¥3.43 Billion CN¥10.91 Billion CN¥7.48 Billion ▼ -8.3 pp
2016 39.8% CN¥2.98 Billion CN¥7.50 Billion CN¥4.52 Billion ▼ -0.1 pp
2015 39.8% CN¥3.12 Billion CN¥7.84 Billion CN¥4.72 Billion ▲ +17.9 pp
2014 21.9% CN¥1.33 Billion CN¥6.08 Billion CN¥4.75 Billion ▼ -1.8 pp
2013 23.7% CN¥772.24 Million CN¥3.26 Billion CN¥2.48 Billion ▼ -9.2 pp
2012 32.9% CN¥735.24 Million CN¥2.24 Billion CN¥1.50 Billion ▲ +0.7 pp
2011 32.2% CN¥665.12 Million CN¥2.07 Billion CN¥1.40 Billion
pp = percentage points