Xingye Leather Technology Co Ltd (002674) — Working Capital to Net Assets Ratio
Xingye Leather Technology Co Ltd (002674) has a Working Capital to Net Assets ratio of 52.0% as of June 2025. Working capital of CN¥1.41 Billion (current assets of CN¥3.23 Billion minus current liabilities of CN¥1.82 Billion) is measured against net assets of CN¥2.71 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Xingye Leather Technology 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
Xingye Leather Technology Co Ltd Working Capital to Net Assets (2008–2024)
This chart shows how Xingye Leather Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of June 2025, the ratio stands at 52.0%, reflecting working capital of CN¥1.41 Billion against net assets of CN¥2.71 Billion CNY. Check tangible net worth ratio of Xingye Leather Technology Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Xingye Leather Technology Co Ltd (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Xingye Leather Technology Co Ltd from 2008 to 2024, covering 17 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 002674 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 54.8% | CN¥1.47 Billion | CN¥2.68 Billion | CN¥3.13 Billion | CN¥1.66 Billion | ▼ -20.5 pp |
| 2023 | 75.3% | CN¥1.97 Billion | CN¥2.61 Billion | CN¥2.98 Billion | CN¥1.01 Billion | ▲ +10.1 pp |
| 2022 | 65.2% | CN¥1.62 Billion | CN¥2.48 Billion | CN¥2.80 Billion | CN¥1.18 Billion | ▼ -15.6 pp |
| 2021 | 80.8% | CN¥1.88 Billion | CN¥2.33 Billion | CN¥2.51 Billion | CN¥631.50 Million | ▲ +14.8 pp |
| 2020 | 66.0% | CN¥1.42 Billion | CN¥2.14 Billion | CN¥2.33 Billion | CN¥910.91 Million | ▼ -2.4 pp |
| 2019 | 68.5% | CN¥1.58 Billion | CN¥2.31 Billion | CN¥2.22 Billion | CN¥635.98 Million | ▼ -3.2 pp |
| 2018 | 71.6% | CN¥1.66 Billion | CN¥2.32 Billion | CN¥2.29 Billion | CN¥628.40 Million | ▲ +1.0 pp |
| 2017 | 70.6% | CN¥1.66 Billion | CN¥2.35 Billion | CN¥1.95 Billion | CN¥286.96 Million | ▲ +0.9 pp |
| 2016 | 69.7% | CN¥1.64 Billion | CN¥2.35 Billion | CN¥1.97 Billion | CN¥327.73 Million | ▲ +12.3 pp |
| 2015 | 57.4% | CN¥913.38 Million | CN¥1.59 Billion | CN¥1.87 Billion | CN¥953.74 Million | ▼ -2.6 pp |
| 2014 | 60.0% | CN¥970.29 Million | CN¥1.62 Billion | CN¥1.67 Billion | CN¥702.36 Million | ▼ -11.6 pp |
| 2013 | 71.6% | CN¥1.11 Billion | CN¥1.55 Billion | CN¥1.48 Billion | CN¥363.65 Million | ▼ -9.3 pp |
| 2012 | 80.9% | CN¥1.14 Billion | CN¥1.41 Billion | CN¥1.35 Billion | CN¥213.01 Million | ▲ +20.9 pp |
| 2011 | 60.0% | CN¥352.59 Million | CN¥587.79 Million | CN¥567.42 Million | CN¥214.82 Million | ▲ +1.9 pp |
| 2010 | 58.1% | CN¥290.79 Million | CN¥500.79 Million | CN¥518.59 Million | CN¥227.79 Million | ▼ -2.0 pp |
| 2009 | 60.1% | CN¥236.82 Million | CN¥394.23 Million | CN¥440.87 Million | CN¥204.05 Million | ▼ -3.9 pp |
| 2008 | 63.9% | CN¥235.11 Million | CN¥367.76 Million | CN¥501.32 Million | CN¥266.21 Million | — |