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 financial flexibility index of Nine Dragons Paper (Holdings) Limited to measure the company's free cash flow as a share of total liabilities.
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. See Nine Dragons Paper (Holdings) Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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 N3Y market cap overview.
| 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 | — |