Wave Cyber Shanghai Co Ltd (688718) — Net Asset Quality Index
Wave Cyber Shanghai Co Ltd (688718) has a Net Asset Quality Index of 84.6% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CN¥920.04 Million minus total liabilities of CN¥141.72 Million yields net assets of CN¥778.33 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does Wave Cyber Shanghai Co Ltd carry for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Wave Cyber Shanghai Co Ltd Net Asset Quality Index Over Time (2017–2024)
This chart shows how Wave Cyber Shanghai Co Ltd's Net Asset Quality Index has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the index stands at 84.6%, representing net assets of CN¥778.33 Million against total assets of CN¥920.04 Million CNY. For live market cap and overall valuation, see 688718 market cap overview.
Annual Net Asset Quality Index for Wave Cyber Shanghai Co Ltd (2017–2024)
The table below presents the year-by-year Net Asset Quality Index for Wave Cyber Shanghai Co Ltd 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. See 688718 total equity for net asset value and shareholders' equity analysis.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 84.8% | CN¥772.53 Million | CN¥911.46 Million | CN¥138.93 Million | ▼ -2.9 pp |
| 2023 | 87.7% | CN¥765.68 Million | CN¥873.20 Million | CN¥107.52 Million | ▲ +3.2 pp |
| 2022 | 84.5% | CN¥717.20 Million | CN¥848.76 Million | CN¥131.55 Million | ▼ -3.2 pp |
| 2021 | 87.7% | CN¥684.33 Million | CN¥780.52 Million | CN¥96.19 Million | ▲ +11.3 pp |
| 2020 | 76.4% | CN¥431.42 Million | CN¥564.68 Million | CN¥133.26 Million | ▼ -2.3 pp |
| 2019 | 78.7% | CN¥428.67 Million | CN¥544.34 Million | CN¥115.68 Million | ▼ -6.7 pp |
| 2018 | 85.5% | CN¥362.89 Million | CN¥424.47 Million | CN¥61.58 Million | ▲ +3.1 pp |
| 2017 | 82.4% | CN¥306.42 Million | CN¥371.91 Million | CN¥65.49 Million | — |