Chongqing Wangbian Electric (Group) Corp. Ltd. (603191) — Net Asset Quality Index

Latest as of June 2025: 36.7%

Chongqing Wangbian Electric (Group) Corp. Ltd. (603191) has a Net Asset Quality Index of 36.7% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥6.76 Billion minus total liabilities of CN¥4.28 Billion yields net assets of CN¥2.49 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check 603191 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

36.7%
Equity / Total Assets

Net Assets

CN¥2.49 Billion
CNY

Total Assets

CN¥6.76 Billion
CNY

Total Liabilities

CN¥4.28 Billion
CNY

Chongqing Wangbian Electric (Group) Corp. Ltd. Net Asset Quality Index Over Time (2019–2024)

This chart shows how Chongqing Wangbian Electric (Group) Corp. Ltd.'s Net Asset Quality Index has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the index stands at 36.7%, representing net assets of CN¥2.49 Billion against total assets of CN¥6.76 Billion CNY. See 603191 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Chongqing Wangbian Electric (Group) Corp. Ltd. (2019–2024)

The table below presents the year-by-year Net Asset Quality Index for Chongqing Wangbian Electric (Group) Corp. Ltd. from 2019 to 2024, covering 6 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 Chongqing Wangbian Electric (Group) Corp market capitalisation.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2024 39.1% CN¥2.55 Billion CN¥6.53 Billion CN¥3.98 Billion ▼ -10.0 pp
2023 49.0% CN¥2.39 Billion CN¥4.88 Billion CN¥2.48 Billion ▼ -15.6 pp
2022 64.7% CN¥2.27 Billion CN¥3.51 Billion CN¥1.24 Billion ▲ +14.8 pp
2021 49.9% CN¥1.12 Billion CN¥2.24 Billion CN¥1.12 Billion ▼ -2.3 pp
2020 52.2% CN¥934.86 Million CN¥1.79 Billion CN¥854.97 Million ▼ -4.4 pp
2019 56.6% CN¥786.34 Million CN¥1.39 Billion CN¥602.39 Million
pp = percentage points