Suning Commerce Group Co Ltd (002024) — Working Capital to Net Assets Ratio
Suning Commerce Group Co Ltd (002024) has a Working Capital to Net Assets ratio of -357.7% as of March 2026. Working capital of CN¥-37.05 Billion (current assets of CN¥46.19 Billion minus current liabilities of CN¥83.24 Billion) is measured against net assets of CN¥10.36 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Suning Commerce Group Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Suning Commerce Group Co Ltd Working Capital to Net Assets (2001–2025)
This chart shows how Suning Commerce Group Co Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of March 2026, the ratio stands at -357.7%, reflecting working capital of CN¥-37.05 Billion against net assets of CN¥10.36 Billion CNY. For the complete balance sheet picture, see total assets of Suning Commerce Group Co Ltd.
Annual Working Capital to Net Assets for Suning Commerce Group Co Ltd (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Suning Commerce Group Co Ltd from 2001 to 2025, covering 25 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. Check financial resilience of Suning Commerce Group Co Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -347.2% | CN¥-37.09 Billion | CN¥10.68 Billion | CN¥45.09 Billion | CN¥82.18 Billion | ▲ +18.9 pp |
| 2024 | -366.1% | CN¥-40.86 Billion | CN¥11.16 Billion | CN¥49.31 Billion | CN¥90.17 Billion | ▲ +58.2 pp |
| 2023 | -424.4% | CN¥-43.01 Billion | CN¥10.14 Billion | CN¥51.87 Billion | CN¥94.88 Billion | ▼ -129.5 pp |
| 2022 | -294.8% | CN¥-44.48 Billion | CN¥15.09 Billion | CN¥59.68 Billion | CN¥104.17 Billion | ▼ -182.1 pp |
| 2021 | -112.8% | CN¥-34.99 Billion | CN¥31.03 Billion | CN¥75.28 Billion | CN¥110.27 Billion | ▼ -90.5 pp |
| 2020 | -22.3% | CN¥-17.12 Billion | CN¥76.83 Billion | CN¥107.48 Billion | CN¥124.60 Billion | ▼ -21.7 pp |
| 2019 | -0.6% | CN¥-495.51 Million | CN¥87.14 Billion | CN¥120.76 Billion | CN¥121.26 Billion | ▼ -43.7 pp |
| 2018 | 43.1% | CN¥38.05 Billion | CN¥88.21 Billion | CN¥131.74 Billion | CN¥93.70 Billion | ▲ +15.0 pp |
| 2017 | 28.2% | CN¥23.57 Billion | CN¥83.63 Billion | CN¥87.83 Billion | CN¥64.26 Billion | ▼ -1.8 pp |
| 2016 | 29.9% | CN¥20.93 Billion | CN¥69.92 Billion | CN¥82.38 Billion | CN¥61.46 Billion | ▼ -4.6 pp |
| 2015 | 34.5% | CN¥11.02 Billion | CN¥31.93 Billion | CN¥56.75 Billion | CN¥45.73 Billion | ▲ +5.6 pp |
| 2014 | 28.9% | CN¥8.53 Billion | CN¥29.54 Billion | CN¥50.65 Billion | CN¥42.12 Billion | ▼ -6.3 pp |
| 2013 | 35.1% | CN¥10.09 Billion | CN¥28.70 Billion | CN¥53.50 Billion | CN¥43.41 Billion | ▼ -6.7 pp |
| 2012 | 41.8% | CN¥12.18 Billion | CN¥29.11 Billion | CN¥53.43 Billion | CN¥41.25 Billion | ▲ +8.0 pp |
| 2011 | 33.8% | CN¥7.79 Billion | CN¥23.03 Billion | CN¥43.43 Billion | CN¥35.64 Billion | ▼ -18.9 pp |
| 2010 | 52.8% | CN¥9.94 Billion | CN¥18.85 Billion | CN¥34.48 Billion | CN¥24.53 Billion | ▼ -10.7 pp |
| 2009 | 63.5% | CN¥9.48 Billion | CN¥14.92 Billion | CN¥30.20 Billion | CN¥20.72 Billion | ▲ +11.8 pp |
| 2008 | 51.7% | CN¥4.71 Billion | CN¥9.11 Billion | CN¥17.19 Billion | CN¥12.48 Billion | ▲ +6.0 pp |
| 2007 | 45.7% | CN¥2.21 Billion | CN¥4.83 Billion | CN¥13.60 Billion | CN¥11.39 Billion | ▼ -33.5 pp |
| 2006 | 79.2% | CN¥2.54 Billion | CN¥3.21 Billion | CN¥8.18 Billion | CN¥5.64 Billion | ▲ +16.8 pp |
| 2005 | 62.4% | CN¥772.52 Million | CN¥1.24 Billion | CN¥3.86 Billion | CN¥3.09 Billion | ▼ -10.6 pp |
| 2004 | 73.0% | CN¥632.09 Million | CN¥865.58 Million | CN¥1.82 Billion | CN¥1.19 Billion | ▲ +10.6 pp |
| 2003 | 62.5% | CN¥166.87 Million | CN¥267.16 Million | CN¥654.91 Million | CN¥488.04 Million | ▲ +14.5 pp |
| 2002 | 48.0% | CN¥74.82 Million | CN¥155.96 Million | CN¥344.05 Million | CN¥269.23 Million | ▲ +9.7 pp |
| 2001 | 38.3% | CN¥38.46 Million | CN¥100.43 Million | CN¥619.02 Million | CN¥580.56 Million | — |