Red Avenue New Materials Group Co Ltd Net Asset Quality Index
Red Avenue New Materials Group Co Ltd net asset quality index. Red Avenue New Materials Group Co Ltd (603650) has a Net Asset Quality Index of 45.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥9.62 Billion minus total liabilities of CN¥5.21 Billion yields net assets of CN¥4.41 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See what is Red Avenue New Materials Group Co Ltd's book value for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Red Avenue New Materials Group Co Ltd (2014–2025)
Net asset quality index of Red Avenue New Materials Group Co Ltd from 2014 to 2025. This chart shows how Red Avenue New Materials Group Co Ltd's Net Asset Quality Index has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the index stands at 45.8%, representing net assets of CN¥4.41 Billion against total assets of CN¥9.62 Billion CNY. Check Red Avenue New Materials Group Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Red Avenue New Materials Group Co Ltd Net Asset Quality Index by Year (2014–2025)
Red Avenue New Materials Group Co Ltd net asset quality index by year from 2014 to 2025. The table below presents the year-by-year Net Asset Quality Index for Red Avenue New Materials Group Co Ltd from 2014 to 2025, covering 12 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 market cap of Red Avenue New Materials Group Co Ltd.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 46.2% | CN¥4.26 Billion | CN¥9.22 Billion | CN¥4.96 Billion | ▲ +5.1 pp |
| 2024 | 41.1% | CN¥3.46 Billion | CN¥8.41 Billion | CN¥4.95 Billion | ▼ -6.7 pp |
| 2023 | 47.8% | CN¥3.50 Billion | CN¥7.33 Billion | CN¥3.83 Billion | ▲ +2.0 pp |
| 2022 | 45.8% | CN¥3.14 Billion | CN¥6.86 Billion | CN¥3.72 Billion | ▼ -1.7 pp |
| 2021 | 47.5% | CN¥2.84 Billion | CN¥5.98 Billion | CN¥3.14 Billion | ▼ -9.5 pp |
| 2020 | 57.0% | CN¥2.61 Billion | CN¥4.58 Billion | CN¥1.97 Billion | ▼ -2.0 pp |
| 2019 | 59.0% | CN¥2.42 Billion | CN¥4.09 Billion | CN¥1.68 Billion | ▼ -13.9 pp |
| 2018 | 72.9% | CN¥2.31 Billion | CN¥3.17 Billion | CN¥859.06 Million | ▲ +9.0 pp |
| 2017 | 63.8% | CN¥1.20 Billion | CN¥1.88 Billion | CN¥678.46 Million | ▲ +2.1 pp |
| 2016 | 61.7% | CN¥1.03 Billion | CN¥1.66 Billion | CN¥637.10 Million | ▲ +32.0 pp |
| 2015 | 29.6% | CN¥424.76 Million | CN¥1.43 Billion | CN¥1.01 Billion | ▼ -9.8 pp |
| 2014 | 39.4% | CN¥540.20 Million | CN¥1.37 Billion | CN¥829.29 Million | — |