China Tianying Inc (000035) — Working Capital to Net Assets Ratio
China Tianying Inc (000035) has a Working Capital to Net Assets ratio of -19.9% as of September 2025. Working capital of CN¥-2.22 Billion (current assets of CN¥7.08 Billion minus current liabilities of CN¥9.30 Billion) is measured against net assets of CN¥11.14 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See China Tianying Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China Tianying Inc Working Capital to Net Assets (1992–2024)
This chart shows how China Tianying Inc's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1992 to 2024. As of September 2025, the ratio stands at -19.9%, reflecting working capital of CN¥-2.22 Billion against net assets of CN¥11.14 Billion CNY. See 000035 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for China Tianying Inc (1992–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for China Tianying Inc from 1992 to 2024, covering 33 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 China Tianying Inc market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -27.4% | CN¥-2.99 Billion | CN¥10.93 Billion | CN¥5.51 Billion | CN¥8.50 Billion | ▼ -2.9 pp |
| 2023 | -24.5% | CN¥-2.66 Billion | CN¥10.84 Billion | CN¥5.37 Billion | CN¥8.02 Billion | ▼ -0.8 pp |
| 2022 | -23.7% | CN¥-2.47 Billion | CN¥10.44 Billion | CN¥5.96 Billion | CN¥8.43 Billion | ▼ -33.8 pp |
| 2021 | 10.1% | CN¥1.13 Billion | CN¥11.15 Billion | CN¥6.78 Billion | CN¥5.65 Billion | ▲ +30.3 pp |
| 2020 | -20.2% | CN¥-2.52 Billion | CN¥12.49 Billion | CN¥12.61 Billion | CN¥15.14 Billion | ▼ -9.8 pp |
| 2019 | -10.4% | CN¥-1.21 Billion | CN¥11.70 Billion | CN¥12.03 Billion | CN¥13.25 Billion | ▲ +61.9 pp |
| 2018 | -72.3% | CN¥-2.38 Billion | CN¥3.29 Billion | CN¥1.79 Billion | CN¥4.17 Billion | ▼ -49.5 pp |
| 2017 | -22.8% | CN¥-696.24 Million | CN¥3.05 Billion | CN¥2.18 Billion | CN¥2.88 Billion | ▲ +43.3 pp |
| 2016 | -66.1% | CN¥-1.36 Billion | CN¥2.06 Billion | CN¥789.09 Million | CN¥2.15 Billion | ▼ -50.0 pp |
| 2015 | -16.1% | CN¥-298.31 Million | CN¥1.85 Billion | CN¥682.69 Million | CN¥980.99 Million | ▼ -12.3 pp |
| 2014 | -3.8% | CN¥-62.17 Million | CN¥1.62 Billion | CN¥864.20 Million | CN¥926.37 Million | ▼ -103.8 pp |
| 2013 | 99.9% | CN¥12.47 Million | CN¥12.47 Million | CN¥10.43 Million | CN¥-2.03 Million | ▲ +21.9 pp |
| 2012 | 78.0% | CN¥-1.45 Billion | CN¥-1.86 Billion | CN¥172.59 Million | CN¥1.62 Billion | ▼ -20.4 pp |
| 2011 | 98.5% | CN¥-1.21 Billion | CN¥-1.22 Billion | CN¥426.98 Million | CN¥1.63 Billion | ▼ -25.2 pp |
| 2010 | 123.7% | CN¥-1.49 Billion | CN¥-1.20 Billion | CN¥77.79 Million | CN¥1.56 Billion | ▲ +4.1 pp |
| 2009 | 119.6% | CN¥-1.49 Billion | CN¥-1.25 Billion | CN¥80.41 Million | CN¥1.57 Billion | ▼ -3.0 pp |
| 2008 | 122.6% | CN¥-1.51 Billion | CN¥-1.23 Billion | CN¥33.19 Million | CN¥1.54 Billion | ▲ +3.9 pp |
| 2007 | 118.8% | CN¥-1.45 Billion | CN¥-1.22 Billion | CN¥34.10 Million | CN¥1.48 Billion | ▼ -4.6 pp |
| 2006 | 123.4% | CN¥-1.67 Billion | CN¥-1.35 Billion | CN¥152.41 Million | CN¥1.82 Billion | ▲ +5.3 pp |
| 2005 | 118.0% | CN¥-1.71 Billion | CN¥-1.45 Billion | CN¥167.92 Million | CN¥1.88 Billion | ▼ -3.4 pp |
| 2004 | 121.4% | CN¥-1.52 Billion | CN¥-1.25 Billion | CN¥183.99 Million | CN¥1.71 Billion | ▲ +144.1 pp |
| 2003 | -22.6% | CN¥-62.10 Million | CN¥274.21 Million | CN¥1.43 Billion | CN¥1.50 Billion | ▲ +0.3 pp |
| 2002 | -22.9% | CN¥-54.56 Million | CN¥238.07 Million | CN¥1.19 Billion | CN¥1.24 Billion | ▲ +59.9 pp |
| 2001 | -82.8% | CN¥-167.24 Million | CN¥202.06 Million | CN¥974.17 Million | CN¥1.14 Billion | ▼ -94.8 pp |
| 2000 | 12.0% | CN¥26.21 Million | CN¥218.75 Million | CN¥652.01 Million | CN¥625.79 Million | ▼ -16.6 pp |
| 1999 | 28.6% | CN¥70.01 Million | CN¥245.05 Million | CN¥313.86 Million | CN¥243.85 Million | ▼ -3.9 pp |
| 1998 | 32.5% | CN¥83.48 Million | CN¥256.76 Million | CN¥365.44 Million | CN¥281.96 Million | ▼ -3.3 pp |
| 1997 | 35.8% | CN¥84.58 Million | CN¥236.34 Million | CN¥315.13 Million | CN¥230.54 Million | ▲ +11.5 pp |
| 1996 | 24.3% | CN¥52.71 Million | CN¥217.15 Million | CN¥260.83 Million | CN¥208.12 Million | ▼ -11.9 pp |
| 1995 | 36.2% | CN¥98.40 Million | CN¥271.69 Million | CN¥280.58 Million | CN¥182.17 Million | ▲ +13.5 pp |
| 1994 | 22.7% | CN¥50.06 Million | CN¥220.44 Million | CN¥246.55 Million | CN¥196.49 Million | ▼ -13.0 pp |
| 1993 | 35.7% | CN¥78.86 Million | CN¥220.73 Million | CN¥276.74 Million | CN¥197.88 Million | ▼ -7.4 pp |
| 1992 | 43.1% | CN¥52.95 Million | CN¥122.75 Million | CN¥183.99 Million | CN¥131.04 Million | — |