Shuifa Energas Gas Co Ltd Net Asset Quality Index

Latest as of September 2025: 41.7%

Shuifa Energas Gas Co Ltd net asset quality index. Shuifa Energas Gas Co Ltd (603318) has a Net Asset Quality Index of 41.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥4.40 Billion minus total liabilities of CN¥2.56 Billion yields net assets of CN¥1.83 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check how high is Shuifa Energas Gas Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Quality Index

41.7%
Equity / Total Assets

Net Assets

CN¥1.83 Billion
CNY

Total Assets

CN¥4.40 Billion
CNY

Total Liabilities

CN¥2.56 Billion
CNY

Net Asset Quality Index of Shuifa Energas Gas Co Ltd (2011–2024)

Net asset quality index of Shuifa Energas Gas Co Ltd from 2011 to 2024. This chart shows how Shuifa Energas Gas Co Ltd's Net Asset Quality Index has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the index stands at 41.7%, representing net assets of CN¥1.83 Billion against total assets of CN¥4.40 Billion CNY. See Shuifa Energas Gas Co Ltd book value and equity for net asset value and shareholders' equity analysis.

Shuifa Energas Gas Co Ltd Net Asset Quality Index by Year (2011–2024)

Shuifa Energas Gas Co Ltd net asset quality index by year from 2011 to 2024. The table below presents the year-by-year Net Asset Quality Index for Shuifa Energas Gas Co Ltd from 2011 to 2024, covering 14 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 live market cap and overall valuation, see Shuifa Energas Gas Co Ltd stock valuation.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2024 43.6% CN¥1.84 Billion CN¥4.22 Billion CN¥2.38 Billion ▲ +0.9 pp
2023 42.7% CN¥1.95 Billion CN¥4.56 Billion CN¥2.61 Billion ▲ +1.2 pp
2022 41.5% CN¥1.81 Billion CN¥4.35 Billion CN¥2.55 Billion ▼ -8.4 pp
2021 50.0% CN¥1.49 Billion CN¥2.98 Billion CN¥1.49 Billion ▲ +2.7 pp
2020 47.3% CN¥1.43 Billion CN¥3.03 Billion CN¥1.60 Billion ▼ -7.5 pp
2019 54.8% CN¥904.58 Million CN¥1.65 Billion CN¥745.06 Million ▲ +6.6 pp
2018 48.2% CN¥1.02 Billion CN¥2.12 Billion CN¥1.10 Billion ▼ -7.8 pp
2017 56.0% CN¥1.02 Billion CN¥1.82 Billion CN¥802.25 Million ▲ +14.2 pp
2016 41.8% CN¥464.35 Million CN¥1.11 Billion CN¥646.90 Million ▼ -7.7 pp
2015 49.5% CN¥471.14 Million CN¥952.49 Million CN¥481.36 Million ▲ +5.8 pp
2014 43.7% CN¥287.10 Million CN¥657.06 Million CN¥369.97 Million ▼ -1.8 pp
2013 45.5% CN¥257.43 Million CN¥566.32 Million CN¥308.90 Million ▲ +3.2 pp
2012 42.2% CN¥206.97 Million CN¥490.04 Million CN¥283.07 Million ▼ -7.8 pp
2011 50.0% CN¥160.73 Million CN¥321.37 Million CN¥160.64 Million —
pp = percentage points