Qifeng New Material Co Ltd Working Capital to Net Assets Ratio
Qifeng New Material Co Ltd working capital to net assets ratio. Qifeng New Material Co Ltd (002521) has a Working Capital to Net Assets ratio of 44.5% as of March 2026. Working capital of CN¥1.78 Billion (current assets of CN¥3.11 Billion minus current liabilities of CN¥1.33 Billion) is measured against net assets of CN¥3.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Qifeng New Material Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Qifeng New Material Co Ltd (2007–2025)
Working capital to net assets ratio of Qifeng New Material Co Ltd from 2007 to 2025. This chart shows how Qifeng New Material 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 44.5%, reflecting working capital of CN¥1.78 Billion against net assets of CN¥3.99 Billion CNY. See Qifeng New Material Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Qifeng New Material Co Ltd Working Capital to Net Assets Ratio by Year (2007–2025)
Qifeng New Material Co Ltd working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Qifeng New Material 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. For the complete balance sheet picture, see how large is Qifeng New Material Co Ltd's balance sheet.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 51.5% | CN¥2.04 Billion | CN¥3.95 Billion | CN¥3.33 Billion | CN¥1.29 Billion | ▲ +10.6 pp |
| 2024 | 41.0% | CN¥1.65 Billion | CN¥4.02 Billion | CN¥3.13 Billion | CN¥1.48 Billion | ▲ +0.2 pp |
| 2023 | 40.8% | CN¥1.52 Billion | CN¥3.74 Billion | CN¥2.79 Billion | CN¥1.26 Billion | ▼ -10.6 pp |
| 2022 | 51.4% | CN¥1.82 Billion | CN¥3.55 Billion | CN¥2.99 Billion | CN¥1.17 Billion | ▼ -6.1 pp |
| 2021 | 57.6% | CN¥2.07 Billion | CN¥3.59 Billion | CN¥3.53 Billion | CN¥1.46 Billion | ▼ -2.9 pp |
| 2020 | 60.4% | CN¥2.10 Billion | CN¥3.47 Billion | CN¥3.35 Billion | CN¥1.25 Billion | ▲ +0.2 pp |
| 2019 | 60.2% | CN¥2.10 Billion | CN¥3.48 Billion | CN¥2.94 Billion | CN¥841.83 Million | ▲ +5.0 pp |
| 2018 | 55.3% | CN¥1.87 Billion | CN¥3.38 Billion | CN¥2.83 Billion | CN¥965.32 Million | ▲ +2.1 pp |
| 2017 | 53.1% | CN¥1.82 Billion | CN¥3.42 Billion | CN¥2.84 Billion | CN¥1.02 Billion | ▼ -3.5 pp |
| 2016 | 56.6% | CN¥1.93 Billion | CN¥3.40 Billion | CN¥2.72 Billion | CN¥798.21 Million | ▼ -2.1 pp |
| 2015 | 58.7% | CN¥1.97 Billion | CN¥3.35 Billion | CN¥2.69 Billion | CN¥726.70 Million | ▼ -19.3 pp |
| 2014 | 78.0% | CN¥2.00 Billion | CN¥2.57 Billion | CN¥2.80 Billion | CN¥799.87 Million | ▲ +25.9 pp |
| 2013 | 52.1% | CN¥1.19 Billion | CN¥2.28 Billion | CN¥2.40 Billion | CN¥1.21 Billion | ▼ -9.9 pp |
| 2012 | 62.0% | CN¥1.31 Billion | CN¥2.12 Billion | CN¥2.09 Billion | CN¥778.95 Million | ▼ -6.8 pp |
| 2011 | 68.8% | CN¥1.40 Billion | CN¥2.03 Billion | CN¥1.92 Billion | CN¥523.56 Million | ▼ -11.7 pp |
| 2010 | 80.5% | CN¥1.59 Billion | CN¥1.97 Billion | CN¥2.07 Billion | CN¥485.91 Million | ▲ +42.6 pp |
| 2009 | 37.9% | CN¥145.11 Million | CN¥382.94 Million | CN¥565.82 Million | CN¥420.71 Million | ▲ +20.8 pp |
| 2008 | 17.1% | CN¥56.92 Million | CN¥333.12 Million | CN¥517.15 Million | CN¥460.24 Million | ▲ +98.7 pp |
| 2007 | -81.6% | CN¥-114.95 Million | CN¥140.79 Million | CN¥619.87 Million | CN¥734.81 Million | — |