Zhejiang Tengen Electrics Co Ltd (605066) — Net Asset Quality Index

Latest as of June 2025: 56.6%

Zhejiang Tengen Electrics Co Ltd (605066) has a Net Asset Quality Index of 56.6% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥3.11 Billion minus total liabilities of CN¥1.35 Billion yields net assets of CN¥1.76 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read Zhejiang Tengen Electrics Co Ltd (605066) total liabilities for a breakdown of total debt and financial obligations.

Quality Index

56.6%
Equity / Total Assets

Net Assets

CN¥1.76 Billion
CNY

Total Assets

CN¥3.11 Billion
CNY

Total Liabilities

CN¥1.35 Billion
CNY

Zhejiang Tengen Electrics Co Ltd Net Asset Quality Index Over Time (2019–2024)

This chart shows how Zhejiang Tengen Electrics Co Ltd's Net Asset Quality Index has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the index stands at 56.6%, representing net assets of CN¥1.76 Billion against total assets of CN¥3.11 Billion CNY. For live market cap and overall valuation, see 605066 market cap overview.

Annual Net Asset Quality Index for Zhejiang Tengen Electrics Co Ltd (2019–2024)

The table below presents the year-by-year Net Asset Quality Index for Zhejiang Tengen Electrics Co Ltd from 2019 to 2024, covering 6 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. See 605066 net assets for net asset value and shareholders' equity analysis.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2024 57.1% CN¥1.81 Billion CN¥3.17 Billion CN¥1.36 Billion ▲ +4.0 pp
2023 53.0% CN¥1.83 Billion CN¥3.46 Billion CN¥1.63 Billion ▼ -4.9 pp
2022 57.9% CN¥1.77 Billion CN¥3.06 Billion CN¥1.28 Billion ▲ +5.1 pp
2021 52.9% CN¥1.73 Billion CN¥3.26 Billion CN¥1.54 Billion ▼ -1.8 pp
2020 54.6% CN¥1.73 Billion CN¥3.17 Billion CN¥1.44 Billion ▲ +14.5 pp
2019 40.1% CN¥827.17 Million CN¥2.06 Billion CN¥1.23 Billion
pp = percentage points