Vanchip (Tianjin) Technology Co. Ltd. A (688153) — Net Asset Quality Index

Latest as of June 2025: 89.5%

Vanchip (Tianjin) Technology Co. Ltd. A (688153) has a Net Asset Quality Index of 89.5% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥4.41 Billion minus total liabilities of CN¥461.04 Million yields net assets of CN¥3.95 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See 688153 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Quality Index

89.5%
Equity / Total Assets

Net Assets

CN¥3.95 Billion
CNY

Total Assets

CN¥4.41 Billion
CNY

Total Liabilities

CN¥461.04 Million
CNY

Vanchip (Tianjin) Technology Co. Ltd. A Net Asset Quality Index Over Time (2019–2024)

This chart shows how Vanchip (Tianjin) Technology Co. Ltd. A's Net Asset Quality Index has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the index stands at 89.5%, representing net assets of CN¥3.95 Billion against total assets of CN¥4.41 Billion CNY. Explore 688153 operating cash flow to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Vanchip (Tianjin) Technology Co. Ltd. A (2019–2024)

The table below presents the year-by-year Net Asset Quality Index for Vanchip (Tianjin) Technology Co. Ltd. A 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. For market capitalisation and the full company profile, see 688153 market cap overview.

Year Quality Index Net Assets (CNY) Total Assets Total Liabilities Change (pp)
2024 87.0% CN¥3.99 Billion CN¥4.59 Billion CN¥597.96 Million ▲ +3.3 pp
2023 83.7% CN¥4.03 Billion CN¥4.82 Billion CN¥784.65 Million ▼ -7.0 pp
2022 90.7% CN¥3.83 Billion CN¥4.22 Billion CN¥392.68 Million ▲ +36.8 pp
2021 53.9% CN¥1.10 Billion CN¥2.04 Billion CN¥940.57 Million ▲ +7.7 pp
2020 46.2% CN¥560.22 Million CN¥1.21 Billion CN¥651.91 Million ▲ +5.7 pp
2019 40.5% CN¥176.47 Million CN¥435.74 Million CN¥259.27 Million
pp = percentage points