Suzhou Veichi Electric Co. Ltd. A (688698) — Net Asset Quality Index
Suzhou Veichi Electric Co. Ltd. A (688698) has a Net Asset Quality Index of 64.5% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥3.64 Billion minus total liabilities of CN¥1.29 Billion yields net assets of CN¥2.35 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check 688698 financial resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Suzhou Veichi Electric Co. Ltd. A Net Asset Quality Index Over Time (2017–2024)
This chart shows how Suzhou Veichi Electric Co. Ltd. A's Net Asset Quality Index has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the index stands at 64.5%, representing net assets of CN¥2.35 Billion against total assets of CN¥3.64 Billion CNY. See Suzhou Veichi Electric Co. Ltd. A (688698) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Suzhou Veichi Electric Co. Ltd. A (2017–2024)
The table below presents the year-by-year Net Asset Quality Index for Suzhou Veichi Electric Co. Ltd. A from 2017 to 2024, covering 8 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 688698 company net worth.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 68.8% | CN¥2.11 Billion | CN¥3.07 Billion | CN¥959.60 Million | ▼ -7.3 pp |
| 2023 | 76.1% | CN¥1.94 Billion | CN¥2.54 Billion | CN¥609.02 Million | ▲ +9.5 pp |
| 2022 | 66.5% | CN¥979.10 Million | CN¥1.47 Billion | CN¥492.26 Million | ▼ -1.8 pp |
| 2021 | 68.3% | CN¥866.83 Million | CN¥1.27 Billion | CN¥401.73 Million | ▼ -2.6 pp |
| 2020 | 70.9% | CN¥763.07 Million | CN¥1.08 Billion | CN¥312.45 Million | ▲ +12.1 pp |
| 2019 | 58.8% | CN¥265.44 Million | CN¥451.42 Million | CN¥185.98 Million | ▲ +9.8 pp |
| 2018 | 49.0% | CN¥203.98 Million | CN¥416.63 Million | CN¥212.64 Million | ▲ +1.8 pp |
| 2017 | 47.2% | CN¥178.50 Million | CN¥378.54 Million | CN¥200.03 Million | — |