Grand Baoxin Auto Group Limited (6BA) — Working Capital to Net Assets Ratio

Latest as of June 2024: 45.7%

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 debt-free asset ratio of Grand Baoxin Auto Group Limited to measure how much of total assets are equity-financed.

WC/NA Ratio

45.7%
Working Capital / Net Assets

Working Capital

€3.49 Billion
EUR

Current Assets

€13.30 Billion
EUR

Current Liabilities

€9.81 Billion
EUR

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. Check 6BA tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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 capitalisation.

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
pp = percentage points