Shanghai Shine-Link Intl (603648) — Net Asset Quality Index
Shanghai Shine-Link Intl (603648) has a Net Asset Quality Index of 76.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥2.41 Billion minus total liabilities of CN¥562.95 Million yields net assets of CN¥1.85 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See 603648 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Shanghai Shine-Link Intl Net Asset Quality Index Over Time (2012–2024)
This chart shows how Shanghai Shine-Link Intl's Net Asset Quality Index has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the index stands at 76.7%, representing net assets of CN¥1.85 Billion against total assets of CN¥2.41 Billion CNY. Explore Shanghai Shine-Link Intl (603648) cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Shanghai Shine-Link Intl (2012–2024)
The table below presents the year-by-year Net Asset Quality Index for Shanghai Shine-Link Intl from 2012 to 2024, 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 603648 market cap.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 72.7% | CN¥1.87 Billion | CN¥2.57 Billion | CN¥702.33 Million | ▼ -1.3 pp |
| 2023 | 74.0% | CN¥1.86 Billion | CN¥2.51 Billion | CN¥653.86 Million | ▼ -6.0 pp |
| 2022 | 80.0% | CN¥1.83 Billion | CN¥2.29 Billion | CN¥458.57 Million | ▲ +1.4 pp |
| 2021 | 78.6% | CN¥1.82 Billion | CN¥2.32 Billion | CN¥495.18 Million | ▼ -10.5 pp |
| 2020 | 89.1% | CN¥1.75 Billion | CN¥1.96 Billion | CN¥213.64 Million | ▲ +2.2 pp |
| 2019 | 86.9% | CN¥1.70 Billion | CN¥1.96 Billion | CN¥256.61 Million | ▲ +3.4 pp |
| 2018 | 83.5% | CN¥1.64 Billion | CN¥1.97 Billion | CN¥325.23 Million | ▼ -1.0 pp |
| 2017 | 84.4% | CN¥1.55 Billion | CN¥1.83 Billion | CN¥285.68 Million | ▲ +6.1 pp |
| 2016 | 78.3% | CN¥866.70 Million | CN¥1.11 Billion | CN¥240.48 Million | ▲ +3.8 pp |
| 2015 | 74.5% | CN¥736.28 Million | CN¥987.97 Million | CN¥251.69 Million | ▲ +7.8 pp |
| 2014 | 66.7% | CN¥474.73 Million | CN¥711.90 Million | CN¥237.17 Million | ▲ +20.6 pp |
| 2013 | 46.1% | CN¥369.45 Million | CN¥801.02 Million | CN¥431.57 Million | ▲ +27.6 pp |
| 2012 | 18.5% | CN¥271.82 Million | CN¥1.47 Billion | CN¥1.19 Billion | — |