Lanzhou LS Heavy Equipment Co (603169) — Net Asset Quality Index
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. See Lanzhou LS Heavy Equipment Co 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
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. Explore 603169 operating cash flow to assess how effectively this company generates cash.
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. For market capitalisation and the full company profile, see 603169 market cap overview.
| 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 | — |