Grand Baoxin Auto Group Limited (6BA) — Working Capital to Net Assets Ratio
Grand Baoxin Auto Group Limited (6BA) has a Working Capital to Net Assets ratio of 45.7% as of June 2024. Working capital of €3.49 Billion (current assets of €13.30 Billion minus current liabilities of €9.81 Billion) is measured against net assets of €7.65 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 6BA financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Grand Baoxin Auto Group Limited Working Capital to Net Assets (2013–2023)
This chart shows how Grand Baoxin Auto Group Limited's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2013 to 2023. As of June 2024, the ratio stands at 45.7%, reflecting working capital of €3.49 Billion against net assets of €7.65 Billion EUR. See 6BA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Grand Baoxin Auto Group Limited (2013–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Grand Baoxin Auto Group Limited from 2013 to 2023, covering 11 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Grand Baoxin Auto Group Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 47.3% | €3.66 Billion | €7.74 Billion | €15.10 Billion | €11.44 Billion | ▲ +8.0 pp |
| 2022 | 39.4% | €3.02 Billion | €7.67 Billion | €16.63 Billion | €13.60 Billion | ▼ -17.6 pp |
| 2021 | 57.0% | €4.95 Billion | €8.67 Billion | €19.38 Billion | €14.44 Billion | ▼ -6.9 pp |
| 2020 | 63.9% | €5.12 Billion | €8.01 Billion | €19.62 Billion | €14.50 Billion | ▲ +34.7 pp |
| 2019 | 29.2% | €2.25 Billion | €7.70 Billion | €19.64 Billion | €17.39 Billion | ▼ -53.7 pp |
| 2018 | 82.9% | €5.89 Billion | €7.10 Billion | €20.06 Billion | €14.17 Billion | ▼ -20.4 pp |
| 2017 | 103.4% | €7.09 Billion | €6.86 Billion | €18.56 Billion | €11.46 Billion | ▲ +5.7 pp |
| 2016 | 97.6% | €4.92 Billion | €5.04 Billion | €15.84 Billion | €10.92 Billion | ▲ +97.4 pp |
| 2015 | 0.3% | €13.22 Million | €4.97 Billion | €13.05 Billion | €13.04 Billion | ▼ -48.2 pp |
| 2014 | 48.4% | €2.49 Billion | €5.15 Billion | €13.78 Billion | €11.29 Billion | ▲ +19.5 pp |
| 2013 | 28.9% | €1.37 Billion | €4.72 Billion | €12.65 Billion | €11.28 Billion | — |