Ningbo Gaofa Automotive Ctrl (603788) — Net Asset Quality Index

Latest as of March 2026: 82.6%

Ningbo Gaofa Automotive Ctrl (603788) has a Net Asset Quality Index of 82.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥2.63 Billion minus total liabilities of CN¥458.86 Million yields net assets of CN¥2.17 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See how many days can Ningbo Gaofa Automotive Ctrl fund operations to measure how many days the company can operate on defensive assets alone.

Quality Index

82.6%
Equity / Total Assets

Net Assets

CN¥2.17 Billion
CNY

Total Assets

CN¥2.63 Billion
CNY

Total Liabilities

CN¥458.86 Million
CNY

Ningbo Gaofa Automotive Ctrl Net Asset Quality Index Over Time (2011–2025)

This chart shows how Ningbo Gaofa Automotive Ctrl's Net Asset Quality Index has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the index stands at 82.6%, representing net assets of CN¥2.17 Billion against total assets of CN¥2.63 Billion CNY. Explore Ningbo Gaofa Automotive Ctrl (603788) cash conversion ratio to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Ningbo Gaofa Automotive Ctrl (2011–2025)

The table below presents the year-by-year Net Asset Quality Index for Ningbo Gaofa Automotive Ctrl from 2011 to 2025, covering 15 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 603788 company net worth.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2025 78.5% CN¥2.12 Billion CN¥2.71 Billion CN¥580.38 Million ▲ +0.8 pp
2024 77.7% CN¥2.07 Billion CN¥2.66 Billion CN¥592.27 Million ▼ -2.2 pp
2023 79.9% CN¥2.02 Billion CN¥2.52 Billion CN¥506.05 Million ▼ -4.9 pp
2022 84.9% CN¥1.96 Billion CN¥2.31 Billion CN¥350.24 Million ▼ -0.9 pp
2021 85.8% CN¥1.93 Billion CN¥2.25 Billion CN¥319.97 Million ▲ +1.4 pp
2020 84.4% CN¥1.91 Billion CN¥2.26 Billion CN¥352.74 Million ▼ -0.9 pp
2019 85.3% CN¥1.85 Billion CN¥2.17 Billion CN¥318.51 Million ▼ -0.6 pp
2018 85.9% CN¥1.94 Billion CN¥2.25 Billion CN¥317.74 Million ▲ +3.6 pp
2017 82.3% CN¥1.87 Billion CN¥2.27 Billion CN¥402.78 Million ▲ +10.5 pp
2016 71.8% CN¥851.89 Million CN¥1.19 Billion CN¥335.38 Million ▼ -0.3 pp
2015 72.1% CN¥730.86 Million CN¥1.01 Billion CN¥282.94 Million ▲ +11.3 pp
2014 60.8% CN¥338.14 Million CN¥556.10 Million CN¥217.96 Million ▲ +0.7 pp
2013 60.1% CN¥270.95 Million CN¥450.48 Million CN¥179.53 Million ▼ -4.9 pp
2012 65.1% CN¥215.63 Million CN¥331.26 Million CN¥115.63 Million ▼ 0.0 pp
2011 65.1% CN¥173.86 Million CN¥267.09 Million CN¥93.23 Million
pp = percentage points