Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) — Net Asset Quality Index
Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) has a Net Asset Quality Index of 40.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥2.91 Billion minus total liabilities of CN¥1.72 Billion yields net assets of CN¥1.19 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check asset resilience ratio of Qingdao Daneng Environmental Protection to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Qingdao Daneng Environmental Protection Equipment Co Ltd Net Asset Quality Index Over Time (2017–2025)
This chart shows how Qingdao Daneng Environmental Protection Equipment Co Ltd's Net Asset Quality Index has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the index stands at 40.9%, representing net assets of CN¥1.19 Billion against total assets of CN¥2.91 Billion CNY. See Qingdao Daneng Environmental Protection (688501) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Qingdao Daneng Environmental Protection Equipment Co Ltd (2017–2025)
The table below presents the year-by-year Net Asset Quality Index for Qingdao Daneng Environmental Protection Equipment Co Ltd from 2017 to 2025, covering 9 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 688501 stock market capitalisation.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 40.8% | CN¥1.16 Billion | CN¥2.85 Billion | CN¥1.69 Billion | ▲ +8.4 pp |
| 2024 | 32.4% | CN¥995.18 Million | CN¥3.08 Billion | CN¥2.08 Billion | ▼ -14.9 pp |
| 2023 | 47.3% | CN¥910.45 Million | CN¥1.93 Billion | CN¥1.02 Billion | ▼ -1.7 pp |
| 2022 | 48.9% | CN¥825.65 Million | CN¥1.69 Billion | CN¥861.74 Million | ▼ -5.5 pp |
| 2021 | 54.5% | CN¥770.01 Million | CN¥1.41 Billion | CN¥643.66 Million | ▲ +8.7 pp |
| 2020 | 45.8% | CN¥509.53 Million | CN¥1.11 Billion | CN¥602.97 Million | ▲ +1.7 pp |
| 2019 | 44.1% | CN¥455.11 Million | CN¥1.03 Billion | CN¥577.99 Million | ▲ +0.7 pp |
| 2018 | 43.3% | CN¥407.58 Million | CN¥941.15 Million | CN¥533.56 Million | ▲ +3.1 pp |
| 2017 | 40.3% | CN¥352.13 Million | CN¥874.73 Million | CN¥522.59 Million | — |