Jiangxi Black Cat Carbon Black (002068) — Working Capital to Net Assets Ratio
Jiangxi Black Cat Carbon Black (002068) has a Working Capital to Net Assets ratio of -15.0% as of September 2025. Working capital of CN¥-422.48 Million (current assets of CN¥4.31 Billion minus current liabilities of CN¥4.73 Billion) is measured against net assets of CN¥2.81 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Jiangxi Black Cat Carbon Black (002068) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Jiangxi Black Cat Carbon Black Working Capital to Net Assets (2003–2024)
This chart shows how Jiangxi Black Cat Carbon Black's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at -15.0%, reflecting working capital of CN¥-422.48 Million against net assets of CN¥2.81 Billion CNY. Check Jiangxi Black Cat Carbon Black tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Jiangxi Black Cat Carbon Black (2003–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Jiangxi Black Cat Carbon Black from 2003 to 2024, covering 22 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 002068 company net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |