Zhejiang Baoxiniao Garment Co Ltd (002154) — Working Capital to Net Assets Ratio
Zhejiang Baoxiniao Garment Co Ltd (002154) has a Working Capital to Net Assets ratio of 47.6% as of June 2026. Working capital of CN¥2.28 Billion (current assets of CN¥4.41 Billion minus current liabilities of CN¥2.14 Billion) is measured against net assets of CN¥4.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Zhejiang Baoxiniao Garment Co Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhejiang Baoxiniao Garment Co Ltd Working Capital to Net Assets (2004–2025)
This chart shows how Zhejiang Baoxiniao Garment Co Ltd's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of June 2026, the ratio stands at 47.6%, reflecting working capital of CN¥2.28 Billion against net assets of CN¥4.79 Billion CNY. For the complete balance sheet picture, see total assets of Zhejiang Baoxiniao Garment Co Ltd.
Annual Working Capital to Net Assets for Zhejiang Baoxiniao Garment Co Ltd (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Baoxiniao Garment Co Ltd from 2004 to 2025, 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. Check asset resilience ratio of Zhejiang Baoxiniao Garment 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 | 45.0% | CN¥2.13 Billion | CN¥4.75 Billion | CN¥4.46 Billion | CN¥2.32 Billion | ▼ -2.8 pp |
| 2024 | 47.8% | CN¥2.15 Billion | CN¥4.50 Billion | CN¥4.24 Billion | CN¥2.08 Billion | ▲ +1.2 pp |
| 2023 | 46.6% | CN¥2.08 Billion | CN¥4.47 Billion | CN¥4.56 Billion | CN¥2.48 Billion | ▲ +1.3 pp |
| 2022 | 45.3% | CN¥1.84 Billion | CN¥4.05 Billion | CN¥3.67 Billion | CN¥1.83 Billion | ▼ -4.0 pp |
| 2021 | 49.3% | CN¥2.10 Billion | CN¥4.27 Billion | CN¥3.88 Billion | CN¥1.77 Billion | ▲ +7.1 pp |
| 2020 | 42.2% | CN¥1.40 Billion | CN¥3.32 Billion | CN¥2.76 Billion | CN¥1.36 Billion | ▲ +17.8 pp |
| 2019 | 24.5% | CN¥707.57 Million | CN¥2.89 Billion | CN¥2.12 Billion | CN¥1.41 Billion | ▲ +7.5 pp |
| 2018 | 17.0% | CN¥473.40 Million | CN¥2.79 Billion | CN¥1.77 Billion | CN¥1.30 Billion | ▲ +15.3 pp |
| 2017 | 1.6% | CN¥41.45 Million | CN¥2.53 Billion | CN¥1.70 Billion | CN¥1.66 Billion | ▼ -12.3 pp |
| 2016 | 14.0% | CN¥334.87 Million | CN¥2.40 Billion | CN¥1.73 Billion | CN¥1.40 Billion | ▼ -11.9 pp |
| 2015 | 25.8% | CN¥722.27 Million | CN¥2.80 Billion | CN¥2.05 Billion | CN¥1.33 Billion | ▼ -21.1 pp |
| 2014 | 46.9% | CN¥1.28 Billion | CN¥2.73 Billion | CN¥2.17 Billion | CN¥888.43 Million | ▲ +2.0 pp |
| 2013 | 44.9% | CN¥1.18 Billion | CN¥2.63 Billion | CN¥2.35 Billion | CN¥1.17 Billion | ▼ -9.0 pp |
| 2012 | 53.9% | CN¥1.42 Billion | CN¥2.64 Billion | CN¥2.48 Billion | CN¥1.06 Billion | ▼ -22.1 pp |
| 2011 | 76.1% | CN¥1.66 Billion | CN¥2.19 Billion | CN¥2.58 Billion | CN¥913.31 Million | ▲ +16.9 pp |
| 2010 | 59.1% | CN¥1.10 Billion | CN¥1.86 Billion | CN¥1.69 Billion | CN¥583.27 Million | ▼ -9.1 pp |
| 2009 | 68.2% | CN¥1.09 Billion | CN¥1.60 Billion | CN¥1.47 Billion | CN¥381.65 Million | ▲ +49.0 pp |
| 2008 | 19.2% | CN¥127.45 Million | CN¥662.92 Million | CN¥679.02 Million | CN¥551.58 Million | ▼ -46.0 pp |
| 2007 | 65.3% | CN¥350.58 Million | CN¥537.26 Million | CN¥590.44 Million | CN¥239.87 Million | ▼ -14.4 pp |
| 2006 | 79.7% | CN¥144.24 Million | CN¥181.01 Million | CN¥261.85 Million | CN¥117.61 Million | ▲ +2.3 pp |
| 2005 | 77.4% | CN¥116.67 Million | CN¥150.77 Million | CN¥222.20 Million | CN¥105.52 Million | ▲ +9.3 pp |
| 2004 | 68.1% | CN¥81.95 Million | CN¥120.40 Million | CN¥192.81 Million | CN¥110.86 Million | — |