Guilin Tourism Corp Ltd Working Capital to Net Assets Ratio
Guilin Tourism Corp Ltd working capital to net assets ratio. Guilin Tourism Corp Ltd (000978) has a Working Capital to Net Assets ratio of -21.1% as of September 2025. Working capital of CN¥-234.08 Million (current assets of CN¥317.03 Million minus current liabilities of CN¥551.11 Million) is measured against net assets of CN¥1.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Guilin Tourism Corp Ltd's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Guilin Tourism Corp Ltd (1997–2024)
Working capital to net assets ratio of Guilin Tourism Corp Ltd from 1997 to 2024. This chart shows how Guilin Tourism Corp Ltd's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at -21.1%, reflecting working capital of CN¥-234.08 Million against net assets of CN¥1.11 Billion CNY. See Guilin Tourism Corp Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Guilin Tourism Corp Ltd Working Capital to Net Assets Ratio by Year (1997–2024)
Guilin Tourism Corp Ltd working capital to net assets ratio by year from 1997 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Guilin Tourism Corp Ltd from 1997 to 2024, covering 28 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 the complete balance sheet picture, see Guilin Tourism Corp Ltd assets under control.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -18.4% | CN¥-198.41 Million | CN¥1.08 Billion | CN¥180.52 Million | CN¥378.93 Million | ▼ -8.0 pp |
| 2023 | -10.4% | CN¥-133.61 Million | CN¥1.28 Billion | CN¥205.51 Million | CN¥339.12 Million | ▲ +19.8 pp |
| 2022 | -30.2% | CN¥-387.03 Million | CN¥1.28 Billion | CN¥167.32 Million | CN¥554.35 Million | ▼ -0.5 pp |
| 2021 | -29.7% | CN¥-332.30 Million | CN¥1.12 Billion | CN¥258.66 Million | CN¥590.96 Million | ▼ -22.6 pp |
| 2020 | -7.0% | CN¥-95.38 Million | CN¥1.35 Billion | CN¥308.59 Million | CN¥403.97 Million | ▲ +7.0 pp |
| 2019 | -14.1% | CN¥-225.19 Million | CN¥1.60 Billion | CN¥247.85 Million | CN¥473.04 Million | ▼ -2.4 pp |
| 2018 | -11.7% | CN¥-188.31 Million | CN¥1.61 Billion | CN¥365.08 Million | CN¥553.39 Million | ▼ -1.1 pp |
| 2017 | -10.6% | CN¥-165.99 Million | CN¥1.57 Billion | CN¥280.01 Million | CN¥446.00 Million | ▼ -11.0 pp |
| 2016 | 0.4% | CN¥5.89 Million | CN¥1.53 Billion | CN¥325.28 Million | CN¥319.39 Million | ▲ +13.2 pp |
| 2015 | -12.8% | CN¥-204.41 Million | CN¥1.60 Billion | CN¥526.88 Million | CN¥731.29 Million | ▲ +1.2 pp |
| 2014 | -14.0% | CN¥-222.80 Million | CN¥1.60 Billion | CN¥762.32 Million | CN¥985.13 Million | ▼ -9.1 pp |
| 2013 | -4.8% | CN¥-74.82 Million | CN¥1.55 Billion | CN¥775.07 Million | CN¥849.88 Million | ▼ -10.7 pp |
| 2012 | 5.8% | CN¥86.30 Million | CN¥1.48 Billion | CN¥568.74 Million | CN¥482.44 Million | ▲ +9.6 pp |
| 2011 | -3.8% | CN¥-55.49 Million | CN¥1.46 Billion | CN¥759.62 Million | CN¥815.11 Million | ▼ -13.0 pp |
| 2010 | 9.2% | CN¥137.58 Million | CN¥1.50 Billion | CN¥542.86 Million | CN¥405.28 Million | ▲ +7.2 pp |
| 2009 | 2.0% | CN¥10.85 Million | CN¥542.90 Million | CN¥222.68 Million | CN¥211.83 Million | ▲ +6.1 pp |
| 2008 | -4.1% | CN¥-23.24 Million | CN¥560.94 Million | CN¥211.42 Million | CN¥234.67 Million | ▲ +13.0 pp |
| 2007 | -17.1% | CN¥-85.90 Million | CN¥501.72 Million | CN¥164.91 Million | CN¥250.81 Million | ▲ +14.9 pp |
| 2006 | -32.0% | CN¥-148.86 Million | CN¥465.57 Million | CN¥137.98 Million | CN¥286.84 Million | ▼ -6.6 pp |
| 2005 | -25.4% | CN¥-116.82 Million | CN¥459.59 Million | CN¥125.46 Million | CN¥242.29 Million | ▼ -1.2 pp |
| 2004 | -24.3% | CN¥-108.96 Million | CN¥449.06 Million | CN¥109.79 Million | CN¥218.75 Million | ▼ -17.9 pp |
| 2003 | -6.4% | CN¥-28.11 Million | CN¥441.09 Million | CN¥92.70 Million | CN¥120.81 Million | ▼ -12.1 pp |
| 2002 | 5.7% | CN¥24.55 Million | CN¥431.55 Million | CN¥145.72 Million | CN¥121.17 Million | ▼ -36.9 pp |
| 2001 | 42.6% | CN¥174.03 Million | CN¥408.54 Million | CN¥251.79 Million | CN¥77.75 Million | ▼ -25.6 pp |
| 2000 | 68.2% | CN¥243.65 Million | CN¥357.07 Million | CN¥314.42 Million | CN¥70.77 Million | ▲ +75.2 pp |
| 1999 | -7.0% | CN¥-6.16 Million | CN¥88.55 Million | CN¥121.90 Million | CN¥128.06 Million | ▲ +37.2 pp |
| 1998 | -44.1% | CN¥-84.42 Million | CN¥191.32 Million | CN¥94.45 Million | CN¥178.87 Million | ▼ -42.5 pp |
| 1997 | -1.6% | CN¥-1.44 Million | CN¥87.38 Million | CN¥41.14 Million | CN¥42.58 Million | — |