Zhejiang Tiantai Xianghe Industrial Co Ltd (603500) — Net Asset Quality Index
Zhejiang Tiantai Xianghe Industrial Co Ltd (603500) has a Net Asset Quality Index of 58.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥1.98 Billion minus total liabilities of CN¥828.11 Million yields net assets of CN¥1.15 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See 603500 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Zhejiang Tiantai Xianghe Industrial Co Ltd Net Asset Quality Index Over Time (2013–2025)
This chart shows how Zhejiang Tiantai Xianghe Industrial Co Ltd's Net Asset Quality Index has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the index stands at 58.1%, representing net assets of CN¥1.15 Billion against total assets of CN¥1.98 Billion CNY. Explore Zhejiang Tiantai Xianghe Industrial Co L (603500) cash conversion ratio to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Zhejiang Tiantai Xianghe Industrial Co Ltd (2013–2025)
The table below presents the year-by-year Net Asset Quality Index for Zhejiang Tiantai Xianghe Industrial Co Ltd from 2013 to 2025, covering 13 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 market cap of Zhejiang Tiantai Xianghe Industrial Co L.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 65.7% | CN¥1.09 Billion | CN¥1.65 Billion | CN¥566.32 Million | ▼ -3.3 pp |
| 2024 | 69.1% | CN¥1.03 Billion | CN¥1.49 Billion | CN¥461.01 Million | ▼ -12.4 pp |
| 2023 | 81.4% | CN¥996.14 Million | CN¥1.22 Billion | CN¥226.95 Million | ▲ +0.1 pp |
| 2022 | 81.4% | CN¥939.69 Million | CN¥1.15 Billion | CN¥214.89 Million | ▼ -1.3 pp |
| 2021 | 82.7% | CN¥897.31 Million | CN¥1.08 Billion | CN¥187.54 Million | ▼ -5.9 pp |
| 2020 | 88.6% | CN¥853.60 Million | CN¥962.98 Million | CN¥109.38 Million | ▼ -4.7 pp |
| 2019 | 93.3% | CN¥895.83 Million | CN¥960.07 Million | CN¥64.24 Million | ▲ +1.5 pp |
| 2018 | 91.8% | CN¥842.60 Million | CN¥918.17 Million | CN¥75.57 Million | ▲ +1.2 pp |
| 2017 | 90.5% | CN¥785.43 Million | CN¥867.61 Million | CN¥82.19 Million | ▲ +15.7 pp |
| 2016 | 74.9% | CN¥361.09 Million | CN¥482.24 Million | CN¥121.16 Million | ▲ +17.4 pp |
| 2015 | 57.5% | CN¥291.96 Million | CN¥508.18 Million | CN¥216.22 Million | ▲ +0.6 pp |
| 2014 | 56.9% | CN¥207.14 Million | CN¥364.16 Million | CN¥157.02 Million | ▼ -1.3 pp |
| 2013 | 58.2% | CN¥174.23 Million | CN¥299.56 Million | CN¥125.33 Million | — |