Jiangsu Alcha Aluminium Co Ltd (002160) — Working Capital to Net Assets Ratio
Jiangsu Alcha Aluminium Co Ltd (002160) has a Working Capital to Net Assets ratio of 27.8% as of September 2025. Working capital of CN¥1.04 Billion (current assets of CN¥5.64 Billion minus current liabilities of CN¥4.60 Billion) is measured against net assets of CN¥3.75 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Jiangsu Alcha Aluminium Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Jiangsu Alcha Aluminium Co Ltd Working Capital to Net Assets (2004–2024)
This chart shows how Jiangsu Alcha Aluminium Co Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 27.8%, reflecting working capital of CN¥1.04 Billion against net assets of CN¥3.75 Billion CNY. Check Jiangsu Alcha Aluminium Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Jiangsu Alcha Aluminium Co Ltd (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Jiangsu Alcha Aluminium Co Ltd from 2004 to 2024, covering 21 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 Jiangsu Alcha Aluminium Co Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 57.5% | CN¥2.13 Billion | CN¥3.70 Billion | CN¥5.48 Billion | CN¥3.35 Billion | ▼ -7.9 pp |
| 2023 | 65.4% | CN¥2.37 Billion | CN¥3.63 Billion | CN¥5.09 Billion | CN¥2.72 Billion | ▲ +29.7 pp |
| 2022 | 35.7% | CN¥1.28 Billion | CN¥3.59 Billion | CN¥5.75 Billion | CN¥4.46 Billion | ▲ +8.8 pp |
| 2021 | 27.0% | CN¥849.56 Million | CN¥3.15 Billion | CN¥4.32 Billion | CN¥3.48 Billion | ▲ +2.9 pp |
| 2020 | 24.1% | CN¥735.77 Million | CN¥3.05 Billion | CN¥3.78 Billion | CN¥3.04 Billion | ▲ +8.1 pp |
| 2019 | 16.0% | CN¥482.94 Million | CN¥3.03 Billion | CN¥3.20 Billion | CN¥2.72 Billion | ▲ +7.1 pp |
| 2018 | 8.9% | CN¥258.59 Million | CN¥2.90 Billion | CN¥3.50 Billion | CN¥3.24 Billion | ▲ +0.6 pp |
| 2017 | 8.3% | CN¥272.66 Million | CN¥3.28 Billion | CN¥3.42 Billion | CN¥3.15 Billion | ▲ +1.6 pp |
| 2016 | 6.7% | CN¥212.56 Million | CN¥3.19 Billion | CN¥2.57 Billion | CN¥2.36 Billion | ▲ +13.2 pp |
| 2015 | -6.6% | CN¥-154.75 Million | CN¥2.36 Billion | CN¥2.02 Billion | CN¥2.17 Billion | ▲ +59.6 pp |
| 2014 | -66.1% | CN¥-596.47 Million | CN¥901.83 Million | CN¥1.33 Billion | CN¥1.93 Billion | ▲ +0.9 pp |
| 2013 | -67.0% | CN¥-353.83 Million | CN¥527.82 Million | CN¥1.17 Billion | CN¥1.52 Billion | ▼ -58.1 pp |
| 2012 | -9.0% | CN¥-52.69 Million | CN¥586.95 Million | CN¥1.20 Billion | CN¥1.25 Billion | ▼ -11.9 pp |
| 2011 | 2.9% | CN¥19.03 Million | CN¥658.07 Million | CN¥1.12 Billion | CN¥1.10 Billion | ▼ -3.2 pp |
| 2010 | 6.1% | CN¥40.30 Million | CN¥660.81 Million | CN¥873.47 Million | CN¥833.16 Million | ▲ +8.1 pp |
| 2009 | -2.0% | CN¥-12.18 Million | CN¥623.23 Million | CN¥776.26 Million | CN¥788.44 Million | ▲ +1.0 pp |
| 2008 | -2.9% | CN¥-17.88 Million | CN¥607.69 Million | CN¥847.20 Million | CN¥865.09 Million | ▼ -35.2 pp |
| 2007 | 32.2% | CN¥204.92 Million | CN¥635.90 Million | CN¥845.29 Million | CN¥640.37 Million | ▲ +45.1 pp |
| 2006 | -12.9% | CN¥-42.08 Million | CN¥327.24 Million | CN¥517.91 Million | CN¥559.99 Million | ▲ +69.7 pp |
| 2005 | -82.5% | CN¥-157.37 Million | CN¥190.72 Million | CN¥337.56 Million | CN¥494.93 Million | ▲ +11.1 pp |
| 2004 | -93.6% | CN¥-148.88 Million | CN¥159.06 Million | CN¥330.90 Million | CN¥479.78 Million | — |