Ningbo Water Meter Co Ltd Net Asset Quality Index
Ningbo Water Meter Co Ltd net asset quality index. Ningbo Water Meter Co Ltd (603700) has a Net Asset Quality Index of 68.0% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥2.40 Billion minus total liabilities of CN¥767.33 Million yields net assets of CN¥1.63 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check 603700 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Ningbo Water Meter Co Ltd (2013–2024)
Net asset quality index of Ningbo Water Meter Co Ltd from 2013 to 2024. This chart shows how Ningbo Water Meter Co Ltd's Net Asset Quality Index has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the index stands at 68.0%, representing net assets of CN¥1.63 Billion against total assets of CN¥2.40 Billion CNY. See Ningbo Water Meter Co Ltd (603700) shareholders funds for net asset value and shareholders' equity analysis.
Ningbo Water Meter Co Ltd Net Asset Quality Index by Year (2013–2024)
Ningbo Water Meter Co Ltd net asset quality index by year from 2013 to 2024. The table below presents the year-by-year Net Asset Quality Index for Ningbo Water Meter Co Ltd from 2013 to 2024, 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 how much is Ningbo Water Meter Co Ltd worth.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 70.4% | CN¥1.60 Billion | CN¥2.28 Billion | CN¥673.56 Million | ▼ -0.3 pp |
| 2023 | 70.7% | CN¥1.61 Billion | CN¥2.28 Billion | CN¥666.53 Million | ▲ +5.5 pp |
| 2022 | 65.2% | CN¥1.53 Billion | CN¥2.35 Billion | CN¥817.89 Million | ▼ -6.7 pp |
| 2021 | 71.9% | CN¥1.60 Billion | CN¥2.22 Billion | CN¥624.65 Million | ▲ +1.3 pp |
| 2020 | 70.6% | CN¥1.45 Billion | CN¥2.06 Billion | CN¥605.86 Million | ▼ -2.7 pp |
| 2019 | 73.3% | CN¥1.25 Billion | CN¥1.70 Billion | CN¥454.52 Million | ▲ +11.1 pp |
| 2018 | 62.2% | CN¥512.91 Million | CN¥824.58 Million | CN¥311.67 Million | ▲ +1.1 pp |
| 2017 | 61.1% | CN¥420.65 Million | CN¥688.83 Million | CN¥268.18 Million | ▲ +0.8 pp |
| 2016 | 60.3% | CN¥370.98 Million | CN¥615.58 Million | CN¥244.60 Million | ▲ +1.3 pp |
| 2015 | 58.9% | CN¥285.14 Million | CN¥483.80 Million | CN¥198.66 Million | ▲ +15.7 pp |
| 2014 | 43.2% | CN¥192.34 Million | CN¥444.86 Million | CN¥252.53 Million | ▲ +7.0 pp |
| 2013 | 36.2% | CN¥152.56 Million | CN¥421.23 Million | CN¥268.67 Million | — |