Shandong Donghong Pipe Ind Co (603856) — Net Asset Quality Index
Shandong Donghong Pipe Ind Co (603856) has a Net Asset Quality Index of 74.5% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥3.64 Billion minus total liabilities of CN¥929.28 Million yields net assets of CN¥2.71 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read 603856 current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Shandong Donghong Pipe Ind Co Net Asset Quality Index Over Time (2012–2024)
This chart shows how Shandong Donghong Pipe Ind Co's Net Asset Quality Index has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the index stands at 74.5%, representing net assets of CN¥2.71 Billion against total assets of CN¥3.64 Billion CNY. For live market cap and overall valuation, see Shandong Donghong Pipe Ind Co (603856) total market value.
Annual Net Asset Quality Index for Shandong Donghong Pipe Ind Co (2012–2024)
The table below presents the year-by-year Net Asset Quality Index for Shandong Donghong Pipe Ind Co 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. Check 603856 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 63.6% | CN¥2.35 Billion | CN¥3.70 Billion | CN¥1.35 Billion | ▲ +0.5 pp |
| 2023 | 63.1% | CN¥2.25 Billion | CN¥3.56 Billion | CN¥1.31 Billion | ▲ +9.3 pp |
| 2022 | 53.9% | CN¥2.12 Billion | CN¥3.94 Billion | CN¥1.82 Billion | ▼ -3.9 pp |
| 2021 | 57.8% | CN¥2.00 Billion | CN¥3.47 Billion | CN¥1.46 Billion | ▼ -10.6 pp |
| 2020 | 68.3% | CN¥1.96 Billion | CN¥2.87 Billion | CN¥908.36 Million | ▼ -13.3 pp |
| 2019 | 81.6% | CN¥1.70 Billion | CN¥2.09 Billion | CN¥383.91 Million | ▼ -0.6 pp |
| 2018 | 82.2% | CN¥1.55 Billion | CN¥1.89 Billion | CN¥335.60 Million | ▼ -0.8 pp |
| 2017 | 83.0% | CN¥1.43 Billion | CN¥1.73 Billion | CN¥293.09 Million | ▲ +10.1 pp |
| 2016 | 72.9% | CN¥849.05 Million | CN¥1.16 Billion | CN¥315.12 Million | ▲ +11.4 pp |
| 2015 | 61.5% | CN¥744.34 Million | CN¥1.21 Billion | CN¥465.20 Million | ▲ +6.1 pp |
| 2014 | 55.4% | CN¥651.85 Million | CN¥1.18 Billion | CN¥524.77 Million | ▲ +5.8 pp |
| 2013 | 49.6% | CN¥564.28 Million | CN¥1.14 Billion | CN¥572.53 Million | ▲ +7.7 pp |
| 2012 | 41.9% | CN¥380.04 Million | CN¥907.27 Million | CN¥527.23 Million | — |