Red Avenue New Materials Group Co Ltd (603650) — 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. Read Red Avenue New Materials Group Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Red Avenue New Materials Group Co Ltd Net Asset Quality Index Over Time (2014–2025)
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. For live market cap and overall valuation, see market cap of Red Avenue New Materials Group Co Ltd.
Annual Net Asset Quality Index for Red Avenue New Materials Group Co Ltd (2014–2025)
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. Check Red Avenue New Materials Group Co Ltd (603650) strategic investment index to assess the company's strategic physical and investment asset allocation.
| 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 | — |