Jiangxi Black Cat Carbon Black Working Capital to Net Assets Ratio
Jiangxi Black Cat Carbon Black working capital to net assets ratio. Jiangxi Black Cat Carbon Black (002068) has a Working Capital to Net Assets ratio of -26.9% as of March 2026. Working capital of CN¥-662.94 Million (current assets of CN¥4.10 Billion minus current liabilities of CN¥4.76 Billion) is measured against net assets of CN¥2.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Jiangxi Black Cat Carbon Black tangible equity quality 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 Jiangxi Black Cat Carbon Black (2003–2025)
Working capital to net assets ratio of Jiangxi Black Cat Carbon Black from 2003 to 2025. This chart shows how Jiangxi Black Cat Carbon Black's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at -26.9%, reflecting working capital of CN¥-662.94 Million against net assets of CN¥2.46 Billion CNY. See operational self-sufficiency of Jiangxi Black Cat Carbon Black to measure how many days the company can operate on defensive assets alone.
Jiangxi Black Cat Carbon Black Working Capital to Net Assets Ratio by Year (2003–2025)
Jiangxi Black Cat Carbon Black working capital to net assets ratio by year from 2003 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Jiangxi Black Cat Carbon Black from 2003 to 2025, covering 23 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 002068 total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -48.3% | CN¥-1.24 Billion | CN¥2.56 Billion | CN¥3.59 Billion | CN¥4.83 Billion | ▼ -59.1 pp |
| 2024 | 10.8% | CN¥336.37 Million | CN¥3.11 Billion | CN¥4.27 Billion | CN¥3.94 Billion | ▲ +1.1 pp |
| 2023 | 9.7% | CN¥308.05 Million | CN¥3.17 Billion | CN¥4.09 Billion | CN¥3.78 Billion | ▼ -6.3 pp |
| 2022 | 16.1% | CN¥551.45 Million | CN¥3.43 Billion | CN¥4.83 Billion | CN¥4.27 Billion | ▲ +6.9 pp |
| 2021 | 9.1% | CN¥310.47 Million | CN¥3.40 Billion | CN¥3.62 Billion | CN¥3.30 Billion | ▲ +5.1 pp |
| 2020 | 4.1% | CN¥125.56 Million | CN¥3.08 Billion | CN¥3.49 Billion | CN¥3.36 Billion | ▲ +20.5 pp |
| 2019 | -16.4% | CN¥-489.13 Million | CN¥2.98 Billion | CN¥3.62 Billion | CN¥4.11 Billion | ▼ -21.1 pp |
| 2018 | 4.7% | CN¥165.49 Million | CN¥3.53 Billion | CN¥3.67 Billion | CN¥3.51 Billion | ▼ -3.3 pp |
| 2017 | 8.0% | CN¥268.42 Million | CN¥3.34 Billion | CN¥3.97 Billion | CN¥3.70 Billion | ▲ +50.8 pp |
| 2016 | -42.8% | CN¥-938.37 Million | CN¥2.19 Billion | CN¥2.87 Billion | CN¥3.80 Billion | ▼ -0.4 pp |
| 2015 | -42.4% | CN¥-879.57 Million | CN¥2.07 Billion | CN¥2.97 Billion | CN¥3.85 Billion | ▲ +42.1 pp |
| 2014 | -84.5% | CN¥-1.27 Billion | CN¥1.50 Billion | CN¥3.33 Billion | CN¥4.59 Billion | ▼ -14.6 pp |
| 2013 | -69.8% | CN¥-975.32 Million | CN¥1.40 Billion | CN¥3.81 Billion | CN¥4.79 Billion | ▼ -12.6 pp |
| 2012 | -57.3% | CN¥-816.85 Million | CN¥1.43 Billion | CN¥2.49 Billion | CN¥3.31 Billion | ▼ -37.9 pp |
| 2011 | -19.3% | CN¥-258.38 Million | CN¥1.34 Billion | CN¥2.12 Billion | CN¥2.38 Billion | ▲ +62.2 pp |
| 2010 | -81.5% | CN¥-565.71 Million | CN¥694.36 Million | CN¥1.42 Billion | CN¥1.98 Billion | ▼ -47.1 pp |
| 2009 | -34.3% | CN¥-218.34 Million | CN¥636.07 Million | CN¥1.14 Billion | CN¥1.36 Billion | ▲ +12.8 pp |
| 2008 | -47.1% | CN¥-259.18 Million | CN¥550.17 Million | CN¥896.53 Million | CN¥1.16 Billion | ▼ -60.0 pp |
| 2007 | 12.8% | CN¥74.65 Million | CN¥581.36 Million | CN¥985.12 Million | CN¥910.47 Million | ▼ -15.7 pp |
| 2006 | 28.5% | CN¥145.42 Million | CN¥510.19 Million | CN¥864.29 Million | CN¥718.87 Million | ▲ +56.0 pp |
| 2005 | -27.5% | CN¥-62.21 Million | CN¥226.61 Million | CN¥531.95 Million | CN¥594.16 Million | ▼ -26.5 pp |
| 2004 | -1.0% | CN¥-2.01 Million | CN¥208.21 Million | CN¥403.21 Million | CN¥405.21 Million | ▼ -43.9 pp |
| 2003 | 42.9% | CN¥69.78 Million | CN¥162.53 Million | CN¥296.93 Million | CN¥227.15 Million | — |