Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) — Net Asset Quality Index

Latest as of June 2025: 31.5%

Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) has a Net Asset Quality Index of 31.5% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥5.72 Billion minus total liabilities of CN¥3.92 Billion yields net assets of CN¥1.80 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Hangzhou Fortune Gas Cryogenic Group Co. defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Quality Index

31.5%
Equity / Total Assets

Net Assets

CN¥1.80 Billion
CNY

Total Assets

CN¥5.72 Billion
CNY

Total Liabilities

CN¥3.92 Billion
CNY

Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A Net Asset Quality Index Over Time (2021–2024)

This chart shows how Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A's Net Asset Quality Index has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the index stands at 31.5%, representing net assets of CN¥1.80 Billion against total assets of CN¥5.72 Billion CNY. Explore 603173 operating cash flow to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (2021–2024)

The table below presents the year-by-year Net Asset Quality Index for Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A from 2021 to 2024, covering 4 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 603173 market cap overview.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2024 30.7% CN¥1.63 Billion CN¥5.30 Billion CN¥3.67 Billion ▼ -2.4 pp
2023 33.1% CN¥1.45 Billion CN¥4.40 Billion CN¥2.94 Billion ▲ +11.6 pp
2022 21.4% CN¥623.03 Million CN¥2.91 Billion CN¥2.29 Billion ▼ -3.2 pp
2021 24.6% CN¥499.03 Million CN¥2.03 Billion CN¥1.53 Billion
pp = percentage points