WPG (Shanghai) Smart Water Public Co. Ltd (603956) — Net Asset Quality Index
WPG (Shanghai) Smart Water Public Co. Ltd (603956) has a Net Asset Quality Index of 60.0% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥3.11 Billion minus total liabilities of CN¥1.24 Billion yields net assets of CN¥1.86 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check 603956 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
WPG (Shanghai) Smart Water Public Co. Ltd Net Asset Quality Index Over Time (2014–2025)
This chart shows how WPG (Shanghai) Smart Water Public 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 60.0%, representing net assets of CN¥1.86 Billion against total assets of CN¥3.11 Billion CNY. See working capital position of WPG (Shanghai) Smart Water Public Co. Lt to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for WPG (Shanghai) Smart Water Public Co. Ltd (2014–2025)
The table below presents the year-by-year Net Asset Quality Index for WPG (Shanghai) Smart Water Public 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. For market capitalisation and the full company profile, see market value of WPG (Shanghai) Smart Water Public Co. Lt.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 62.4% | CN¥1.92 Billion | CN¥3.08 Billion | CN¥1.16 Billion | ▲ +10.0 pp |
| 2024 | 52.4% | CN¥1.73 Billion | CN¥3.29 Billion | CN¥1.57 Billion | ▼ -9.9 pp |
| 2023 | 62.3% | CN¥2.08 Billion | CN¥3.34 Billion | CN¥1.26 Billion | ▲ +1.3 pp |
| 2022 | 61.0% | CN¥2.11 Billion | CN¥3.47 Billion | CN¥1.35 Billion | ▲ +5.1 pp |
| 2021 | 55.9% | CN¥1.33 Billion | CN¥2.39 Billion | CN¥1.05 Billion | ▼ -3.5 pp |
| 2020 | 59.4% | CN¥1.32 Billion | CN¥2.22 Billion | CN¥903.84 Million | ▼ -16.9 pp |
| 2019 | 76.3% | CN¥1.12 Billion | CN¥1.47 Billion | CN¥348.37 Million | ▼ -3.3 pp |
| 2018 | 79.6% | CN¥844.65 Million | CN¥1.06 Billion | CN¥216.65 Million | ▲ +7.2 pp |
| 2017 | 72.4% | CN¥728.98 Million | CN¥1.01 Billion | CN¥277.72 Million | ▲ +1.5 pp |
| 2016 | 70.9% | CN¥620.85 Million | CN¥875.30 Million | CN¥254.45 Million | ▲ +18.4 pp |
| 2015 | 52.5% | CN¥314.36 Million | CN¥598.61 Million | CN¥284.25 Million | ▲ +3.6 pp |
| 2014 | 48.9% | CN¥231.96 Million | CN¥474.09 Million | CN¥242.13 Million | — |