China National Electric Apparatus R (688128) — Net Asset Quality Index
China National Electric Apparatus R (688128) has a Net Asset Quality Index of 43.0% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥8.44 Billion minus total liabilities of CN¥4.81 Billion yields net assets of CN¥3.63 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read 688128 total debt and obligations for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
China National Electric Apparatus R Net Asset Quality Index Over Time (2016–2025)
This chart shows how China National Electric Apparatus R's Net Asset Quality Index has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the index stands at 43.0%, representing net assets of CN¥3.63 Billion against total assets of CN¥8.44 Billion CNY. For live market cap and overall valuation, see 688128 market cap overview.
Annual Net Asset Quality Index for China National Electric Apparatus R (2016–2025)
The table below presents the year-by-year Net Asset Quality Index for China National Electric Apparatus R from 2016 to 2025, covering 10 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 688128 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 140.8% | CN¥11.86 Billion | CN¥8.42 Billion | CN¥-3.44 Billion | ▲ +97.0 pp |
| 2024 | 43.9% | CN¥3.25 Billion | CN¥7.41 Billion | CN¥4.16 Billion | ▲ +3.8 pp |
| 2023 | 40.0% | CN¥2.96 Billion | CN¥7.38 Billion | CN¥4.43 Billion | ▼ -2.8 pp |
| 2022 | 42.8% | CN¥2.68 Billion | CN¥6.25 Billion | CN¥3.57 Billion | ▼ -8.0 pp |
| 2021 | 50.8% | CN¥2.46 Billion | CN¥4.85 Billion | CN¥2.39 Billion | ▼ -7.2 pp |
| 2020 | 58.0% | CN¥2.32 Billion | CN¥3.99 Billion | CN¥1.68 Billion | ▼ -2.9 pp |
| 2019 | 60.9% | CN¥2.16 Billion | CN¥3.54 Billion | CN¥1.38 Billion | ▲ +21.6 pp |
| 2018 | 39.3% | CN¥1.04 Billion | CN¥2.64 Billion | CN¥1.60 Billion | ▼ -2.4 pp |
| 2017 | 41.7% | CN¥997.44 Million | CN¥2.39 Billion | CN¥1.39 Billion | ▲ +20.7 pp |
| 2016 | 21.1% | CN¥381.38 Million | CN¥1.81 Billion | CN¥1.43 Billion | — |