Jiangsu Zhongchao Cable Co Ltd (002471) — Working Capital to Net Assets Ratio

Latest as of March 2026: 27.9%

Jiangsu Zhongchao Cable Co Ltd (002471) has a Working Capital to Net Assets ratio of 27.9% as of March 2026. Working capital of CN¥511.64 Million (current assets of CN¥3.93 Billion minus current liabilities of CN¥3.42 Billion) is measured against net assets of CN¥1.84 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Jiangsu Zhongchao Cable Co Ltd (002471) defensive interval to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

27.9%
Working Capital / Net Assets

Working Capital

CN¥511.64 Million
CNY

Current Assets

CN¥3.93 Billion
CNY

Current Liabilities

CN¥3.42 Billion
CNY

Jiangsu Zhongchao Cable Co Ltd Working Capital to Net Assets (2007–2025)

This chart shows how Jiangsu Zhongchao Cable Co Ltd's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 27.9%, reflecting working capital of CN¥511.64 Million against net assets of CN¥1.84 Billion CNY. For the complete balance sheet picture, see 002471 current and non-current assets.

Annual Working Capital to Net Assets for Jiangsu Zhongchao Cable Co Ltd (2007–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Jiangsu Zhongchao Cable Co Ltd from 2007 to 2025, covering 19 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 Jiangsu Zhongchao Cable 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 26.0% CN¥475.78 Million CN¥1.83 Billion CN¥3.77 Billion CN¥3.30 Billion ▲ +2.0 pp
2024 24.0% CN¥420.45 Million CN¥1.75 Billion CN¥4.22 Billion CN¥3.80 Billion ▲ +0.2 pp
2023 23.8% CN¥402.07 Million CN¥1.69 Billion CN¥4.32 Billion CN¥3.92 Billion ▼ -5.3 pp
2022 29.1% CN¥407.84 Million CN¥1.40 Billion CN¥4.34 Billion CN¥3.93 Billion ▼ -0.7 pp
2021 29.8% CN¥420.67 Million CN¥1.41 Billion CN¥4.40 Billion CN¥3.98 Billion ▼ -15.6 pp
2020 45.4% CN¥672.23 Million CN¥1.48 Billion CN¥4.15 Billion CN¥3.48 Billion ▲ +6.9 pp
2019 38.5% CN¥663.51 Million CN¥1.73 Billion CN¥4.80 Billion CN¥4.13 Billion ▲ +11.7 pp
2018 26.8% CN¥656.09 Million CN¥2.45 Billion CN¥6.23 Billion CN¥5.57 Billion ▼ -16.3 pp
2017 43.1% CN¥1.23 Billion CN¥2.86 Billion CN¥7.08 Billion CN¥5.85 Billion ▼ -3.5 pp
2016 46.6% CN¥1.34 Billion CN¥2.87 Billion CN¥6.44 Billion CN¥5.10 Billion ▼ -2.2 pp
2015 48.8% CN¥1.31 Billion CN¥2.69 Billion CN¥6.47 Billion CN¥5.16 Billion ▼ -24.9 pp
2014 73.7% CN¥1.64 Billion CN¥2.23 Billion CN¥4.96 Billion CN¥3.32 Billion ▲ +22.8 pp
2013 50.9% CN¥1.07 Billion CN¥2.10 Billion CN¥4.16 Billion CN¥3.09 Billion ▼ -4.1 pp
2012 55.0% CN¥1.05 Billion CN¥1.91 Billion CN¥4.04 Billion CN¥2.98 Billion ▼ -15.7 pp
2011 70.7% CN¥637.56 Million CN¥901.47 Million CN¥1.96 Billion CN¥1.32 Billion ▼ -2.9 pp
2010 73.6% CN¥622.81 Million CN¥846.27 Million CN¥1.58 Billion CN¥955.44 Million ▲ +25.2 pp
2009 48.4% CN¥105.87 Million CN¥218.54 Million CN¥691.59 Million CN¥585.72 Million ▲ +9.6 pp
2008 38.9% CN¥76.78 Million CN¥197.52 Million CN¥669.81 Million CN¥593.03 Million ▲ +10.1 pp
2007 28.7% CN¥45.35 Million CN¥157.77 Million CN¥586.16 Million CN¥540.81 Million
pp = percentage points