AA Industrial Belting (603580) — Net Asset Quality Index
AA Industrial Belting (603580) has a Net Asset Quality Index of 61.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥845.44 Million minus total liabilities of CN¥323.26 Million yields net assets of CN¥522.18 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read 603580 current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
AA Industrial Belting Net Asset Quality Index Over Time (2011–2025)
This chart shows how AA Industrial Belting's Net Asset Quality Index has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the index stands at 61.8%, representing net assets of CN¥522.18 Million against total assets of CN¥845.44 Million CNY. For live market cap and overall valuation, see market value of AA Industrial Belting.
Annual Net Asset Quality Index for AA Industrial Belting (2011–2025)
The table below presents the year-by-year Net Asset Quality Index for AA Industrial Belting 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. Check 603580 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 59.9% | CN¥517.33 Million | CN¥863.58 Million | CN¥346.24 Million | ▼ -25.7 pp |
| 2024 | 85.6% | CN¥435.02 Million | CN¥508.15 Million | CN¥73.12 Million | ▼ -0.6 pp |
| 2023 | 86.3% | CN¥455.72 Million | CN¥528.37 Million | CN¥72.65 Million | ▲ +0.4 pp |
| 2022 | 85.9% | CN¥454.95 Million | CN¥529.93 Million | CN¥74.98 Million | ▼ -1.5 pp |
| 2021 | 87.3% | CN¥480.08 Million | CN¥549.78 Million | CN¥69.70 Million | ▼ -2.9 pp |
| 2020 | 90.2% | CN¥446.66 Million | CN¥495.26 Million | CN¥48.60 Million | ▼ -2.0 pp |
| 2019 | 92.2% | CN¥426.78 Million | CN¥462.88 Million | CN¥36.10 Million | ▲ +2.2 pp |
| 2018 | 90.0% | CN¥394.56 Million | CN¥438.59 Million | CN¥44.03 Million | ▲ +0.6 pp |
| 2017 | 89.3% | CN¥379.46 Million | CN¥424.84 Million | CN¥45.37 Million | ▲ +1.9 pp |
| 2016 | 87.4% | CN¥217.58 Million | CN¥248.84 Million | CN¥31.26 Million | ▲ +4.0 pp |
| 2015 | 83.4% | CN¥185.22 Million | CN¥221.98 Million | CN¥36.76 Million | ▲ +2.2 pp |
| 2014 | 81.2% | CN¥155.13 Million | CN¥191.04 Million | CN¥35.91 Million | ▲ +9.3 pp |
| 2013 | 71.9% | CN¥130.29 Million | CN¥181.25 Million | CN¥50.96 Million | ▲ +10.5 pp |
| 2012 | 61.3% | CN¥104.94 Million | CN¥171.08 Million | CN¥66.14 Million | ▲ +21.2 pp |
| 2011 | 40.2% | CN¥74.91 Million | CN¥186.42 Million | CN¥111.51 Million | — |