Nine Dragons Paper (Holdings) Limited (N3Y) — Working Capital to Net Assets Ratio
Nine Dragons Paper (Holdings) Limited (N3Y) has a Working Capital to Net Assets ratio of 10.5% as of June 2024. Working capital of €5.10 Billion (current assets of €36.31 Billion minus current liabilities of €31.21 Billion) is measured against net assets of €48.48 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nine Dragons Paper (Holdings) Limited (N3Y) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nine Dragons Paper (Holdings) Limited Working Capital to Net Assets (2014–2024)
This chart shows how Nine Dragons Paper (Holdings) Limited's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2024, the ratio stands at 10.5%, reflecting working capital of €5.10 Billion against net assets of €48.48 Billion EUR. Check N3Y goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nine Dragons Paper (Holdings) Limited (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nine Dragons Paper (Holdings) Limited from 2014 to 2024, 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 how much is Nine Dragons Paper (Holdings) Limited worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 10.5% | €5.10 Billion | €48.48 Billion | €36.31 Billion | €31.21 Billion | ▲ +7.5 pp |
| 2023 | 3.1% | €1.38 Billion | €45.14 Billion | €29.45 Billion | €28.07 Billion | ▼ -27.3 pp |
| 2022 | 30.4% | €14.43 Billion | €47.51 Billion | €32.62 Billion | €18.19 Billion | ▲ +20.1 pp |
| 2021 | 10.3% | €4.79 Billion | €46.40 Billion | €28.72 Billion | €23.93 Billion | ▲ +5.6 pp |
| 2020 | 4.7% | €1.93 Billion | €40.80 Billion | €18.42 Billion | €16.49 Billion | ▲ +3.8 pp |
| 2019 | 1.0% | €362.67 Million | €37.90 Billion | €23.73 Billion | €23.37 Billion | ▼ -0.6 pp |
| 2018 | 1.6% | €581.48 Million | €36.27 Billion | €24.72 Billion | €24.14 Billion | ▼ -1.9 pp |
| 2017 | 3.5% | €1.04 Billion | €30.08 Billion | €17.86 Billion | €16.82 Billion | ▼ -6.7 pp |
| 2016 | 10.2% | €2.69 Billion | €26.42 Billion | €20.53 Billion | €17.84 Billion | ▲ +8.4 pp |
| 2015 | 1.8% | €468.97 Million | €25.53 Billion | €18.23 Billion | €17.76 Billion | ▼ -6.3 pp |
| 2014 | 8.1% | €2.00 Billion | €24.60 Billion | €19.60 Billion | €17.60 Billion | — |