BYD Co Ltd Class A (002594) — Working Capital to Net Assets Ratio
BYD Co Ltd Class A (002594) has a Working Capital to Net Assets ratio of -34.2% as of March 2026. Working capital of CN¥-89.60 Billion (current assets of CN¥395.76 Billion minus current liabilities of CN¥485.36 Billion) is measured against net assets of CN¥262.12 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See BYD Co Ltd Class A net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
BYD Co Ltd Class A Working Capital to Net Assets (2002–2025)
This chart shows how BYD Co Ltd Class A's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at -34.2%, reflecting working capital of CN¥-89.60 Billion against net assets of CN¥262.12 Billion CNY. Check BYD Co Ltd Class A tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for BYD Co Ltd Class A (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for BYD Co Ltd Class A from 2002 to 2025, covering 24 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 BYD Co Ltd Class A market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -40.4% | CN¥-96.98 Billion | CN¥239.81 Billion | CN¥371.47 Billion | CN¥468.45 Billion | ▲ +22.7 pp |
| 2024 | -63.1% | CN¥-125.41 Billion | CN¥198.69 Billion | CN¥370.57 Billion | CN¥495.99 Billion | ▲ +37.6 pp |
| 2023 | -100.7% | CN¥-151.55 Billion | CN¥150.46 Billion | CN¥302.12 Billion | CN¥453.67 Billion | ▼ -24.5 pp |
| 2022 | -76.2% | CN¥-92.54 Billion | CN¥121.39 Billion | CN¥240.80 Billion | CN¥333.34 Billion | ▼ -71.3 pp |
| 2021 | -5.0% | CN¥-5.19 Billion | CN¥104.24 Billion | CN¥166.11 Billion | CN¥171.30 Billion | ▼ -13.0 pp |
| 2020 | 8.0% | CN¥5.17 Billion | CN¥64.45 Billion | CN¥111.61 Billion | CN¥106.43 Billion | ▲ +9.7 pp |
| 2019 | -1.7% | CN¥-1.06 Billion | CN¥62.60 Billion | CN¥106.97 Billion | CN¥108.03 Billion | ▲ +0.5 pp |
| 2018 | -2.2% | CN¥-1.36 Billion | CN¥60.69 Billion | CN¥115.21 Billion | CN¥116.57 Billion | ▲ +1.6 pp |
| 2017 | -3.9% | CN¥-2.31 Billion | CN¥59.96 Billion | CN¥102.68 Billion | CN¥105.00 Billion | ▼ -3.7 pp |
| 2016 | -0.1% | CN¥-77.52 Million | CN¥55.41 Billion | CN¥78.24 Billion | CN¥78.32 Billion | ▲ +32.3 pp |
| 2015 | -32.5% | CN¥-11.70 Billion | CN¥36.03 Billion | CN¥54.41 Billion | CN¥66.11 Billion | ▲ +10.1 pp |
| 2014 | -42.5% | CN¥-12.29 Billion | CN¥28.89 Billion | CN¥40.73 Billion | CN¥53.02 Billion | ▲ +11.7 pp |
| 2013 | -54.2% | CN¥-13.48 Billion | CN¥24.86 Billion | CN¥28.24 Billion | CN¥41.72 Billion | ▲ +3.8 pp |
| 2012 | -58.0% | CN¥-14.00 Billion | CN¥24.14 Billion | CN¥21.93 Billion | CN¥35.93 Billion | ▼ -8.2 pp |
| 2011 | -49.8% | CN¥-11.95 Billion | CN¥23.98 Billion | CN¥21.42 Billion | CN¥33.37 Billion | ▼ -1.5 pp |
| 2010 | -48.3% | CN¥-10.21 Billion | CN¥21.15 Billion | CN¥17.55 Billion | CN¥27.76 Billion | ▼ -41.8 pp |
| 2009 | -6.5% | CN¥-1.24 Billion | CN¥19.03 Billion | CN¥16.85 Billion | CN¥18.09 Billion | ▼ -9.9 pp |
| 2008 | 3.4% | CN¥455.80 Million | CN¥13.34 Billion | CN¥14.49 Billion | CN¥14.04 Billion | ▼ -2.4 pp |
| 2007 | 5.8% | CN¥716.60 Million | CN¥12.41 Billion | CN¥16.30 Billion | CN¥15.58 Billion | ▲ +33.3 pp |
| 2006 | -27.5% | CN¥-1.38 Billion | CN¥5.02 Billion | CN¥7.23 Billion | CN¥8.61 Billion | ▼ -33.5 pp |
| 2005 | 6.0% | CN¥239.98 Million | CN¥3.99 Billion | CN¥5.09 Billion | CN¥4.85 Billion | ▲ +6.0 pp |
| 2004 | 0.0% | CN¥789.00K | CN¥3.93 Billion | CN¥4.46 Billion | CN¥4.46 Billion | ▼ -31.2 pp |
| 2003 | 31.2% | CN¥1.06 Billion | CN¥3.40 Billion | CN¥3.10 Billion | CN¥2.04 Billion | ▼ -42.0 pp |
| 2002 | 73.2% | CN¥1.93 Billion | CN¥2.63 Billion | CN¥2.50 Billion | CN¥569.34 Million | — |