XinJiang GuoTong Pipeline Co Ltd (002205) — Working Capital to Net Assets Ratio
XinJiang GuoTong Pipeline Co Ltd (002205) has a Working Capital to Net Assets ratio of -336.1% as of March 2026. Working capital of CN¥-1.18 Billion (current assets of CN¥965.52 Million minus current liabilities of CN¥2.14 Billion) is measured against net assets of CN¥350.35 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See XinJiang GuoTong Pipeline Co Ltd net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
XinJiang GuoTong Pipeline Co Ltd Working Capital to Net Assets (2004–2024)
This chart shows how XinJiang GuoTong Pipeline Co Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of March 2026, the ratio stands at -336.1%, reflecting working capital of CN¥-1.18 Billion against net assets of CN¥350.35 Million CNY. Check 002205 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for XinJiang GuoTong Pipeline Co Ltd (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for XinJiang GuoTong Pipeline 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 002205 market cap overview.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -154.9% | CN¥-793.59 Million | CN¥512.29 Million | CN¥971.89 Million | CN¥1.77 Billion | ▼ -62.6 pp |
| 2023 | -92.3% | CN¥-707.67 Million | CN¥766.82 Million | CN¥1.07 Billion | CN¥1.77 Billion | ▲ +12.2 pp |
| 2022 | -104.5% | CN¥-974.51 Million | CN¥932.97 Million | CN¥1.29 Billion | CN¥2.26 Billion | ▼ -29.4 pp |
| 2021 | -75.0% | CN¥-785.97 Million | CN¥1.05 Billion | CN¥1.01 Billion | CN¥1.79 Billion | ▼ -6.0 pp |
| 2020 | -69.0% | CN¥-716.18 Million | CN¥1.04 Billion | CN¥947.02 Million | CN¥1.66 Billion | ▼ -11.4 pp |
| 2019 | -57.5% | CN¥-584.48 Million | CN¥1.02 Billion | CN¥977.15 Million | CN¥1.56 Billion | ▼ -33.8 pp |
| 2018 | -23.7% | CN¥-254.61 Million | CN¥1.07 Billion | CN¥1.25 Billion | CN¥1.51 Billion | ▼ -4.0 pp |
| 2017 | -19.8% | CN¥-222.79 Million | CN¥1.13 Billion | CN¥1.04 Billion | CN¥1.26 Billion | ▼ -28.1 pp |
| 2016 | 8.3% | CN¥80.26 Million | CN¥963.77 Million | CN¥1.14 Billion | CN¥1.06 Billion | ▼ -52.6 pp |
| 2015 | 60.9% | CN¥584.31 Million | CN¥959.33 Million | CN¥1.14 Billion | CN¥557.22 Million | ▼ -1.4 pp |
| 2014 | 62.3% | CN¥648.31 Million | CN¥1.04 Billion | CN¥1.19 Billion | CN¥538.31 Million | ▲ +2.1 pp |
| 2013 | 60.2% | CN¥604.16 Million | CN¥1.00 Billion | CN¥1.37 Billion | CN¥761.25 Million | ▼ -4.3 pp |
| 2012 | 64.4% | CN¥611.15 Million | CN¥948.58 Million | CN¥1.12 Billion | CN¥508.84 Million | ▼ -5.7 pp |
| 2011 | 70.1% | CN¥661.84 Million | CN¥944.20 Million | CN¥1.10 Billion | CN¥438.90 Million | ▼ -5.4 pp |
| 2010 | 75.4% | CN¥696.97 Million | CN¥923.77 Million | CN¥1.08 Billion | CN¥383.52 Million | ▲ +28.9 pp |
| 2009 | 46.5% | CN¥195.41 Million | CN¥420.20 Million | CN¥602.35 Million | CN¥406.94 Million | ▲ +27.7 pp |
| 2008 | 18.8% | CN¥64.52 Million | CN¥343.44 Million | CN¥402.00 Million | CN¥337.48 Million | ▲ +19.0 pp |
| 2007 | -0.3% | CN¥-404.43K | CN¥159.32 Million | CN¥291.49 Million | CN¥291.89 Million | ▲ +50.7 pp |
| 2006 | -51.0% | CN¥-64.23 Million | CN¥125.99 Million | CN¥167.67 Million | CN¥231.89 Million | ▼ -54.0 pp |
| 2005 | 3.0% | CN¥3.49 Million | CN¥116.93 Million | CN¥157.88 Million | CN¥154.38 Million | ▼ -10.0 pp |
| 2004 | 13.0% | CN¥14.40 Million | CN¥110.91 Million | CN¥154.25 Million | CN¥139.86 Million | — |