Xiangpiaopiao Food Co Ltd (603711) — Net Asset Quality Index
Xiangpiaopiao Food Co Ltd (603711) has a Net Asset Quality Index of 69.9% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥4.72 Billion minus total liabilities of CN¥1.42 Billion yields net assets of CN¥3.30 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See 603711 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Xiangpiaopiao Food Co Ltd Net Asset Quality Index Over Time (2012–2024)
This chart shows how Xiangpiaopiao Food Co Ltd's Net Asset Quality Index has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the index stands at 69.9%, representing net assets of CN¥3.30 Billion against total assets of CN¥4.72 Billion CNY. Explore Xiangpiaopiao Food Co Ltd operating cash flow efficiency to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Xiangpiaopiao Food Co Ltd (2012–2024)
The table below presents the year-by-year Net Asset Quality Index for Xiangpiaopiao Food Co Ltd 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 Xiangpiaopiao Food Co Ltd market cap and net worth.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 71.7% | CN¥3.49 Billion | CN¥4.87 Billion | CN¥1.38 Billion | ▲ +7.7 pp |
| 2023 | 64.0% | CN¥3.35 Billion | CN¥5.24 Billion | CN¥1.88 Billion | ▲ +2.1 pp |
| 2022 | 61.9% | CN¥3.12 Billion | CN¥5.04 Billion | CN¥1.92 Billion | ▲ +2.5 pp |
| 2021 | 59.5% | CN¥2.98 Billion | CN¥5.01 Billion | CN¥2.03 Billion | ▼ -0.5 pp |
| 2020 | 59.9% | CN¥2.84 Billion | CN¥4.74 Billion | CN¥1.90 Billion | ▼ -4.8 pp |
| 2019 | 64.7% | CN¥2.53 Billion | CN¥3.92 Billion | CN¥1.38 Billion | ▼ -1.6 pp |
| 2018 | 66.3% | CN¥2.22 Billion | CN¥3.34 Billion | CN¥1.12 Billion | ▼ -2.3 pp |
| 2017 | 68.7% | CN¥1.93 Billion | CN¥2.81 Billion | CN¥880.22 Million | ▲ +10.4 pp |
| 2016 | 58.3% | CN¥1.26 Billion | CN¥2.17 Billion | CN¥904.70 Million | ▼ -1.2 pp |
| 2015 | 59.5% | CN¥997.39 Million | CN¥1.68 Billion | CN¥679.45 Million | ▲ +8.8 pp |
| 2014 | 50.7% | CN¥793.80 Million | CN¥1.57 Billion | CN¥772.08 Million | ▲ +7.4 pp |
| 2013 | 43.3% | CN¥608.53 Million | CN¥1.41 Billion | CN¥797.82 Million | ▲ +9.7 pp |
| 2012 | 33.6% | CN¥438.00 Million | CN¥1.30 Billion | CN¥866.60 Million | — |