Baiyang Aquatic Group Inc (002696) — Working Capital to Net Assets Ratio
Baiyang Aquatic Group Inc (002696) has a Working Capital to Net Assets ratio of 36.4% as of March 2026. Working capital of CN¥535.23 Million (current assets of CN¥2.48 Billion minus current liabilities of CN¥1.95 Billion) is measured against net assets of CN¥1.47 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 002696 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Baiyang Aquatic Group Inc Working Capital to Net Assets (2008–2025)
This chart shows how Baiyang Aquatic Group Inc's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 36.4%, reflecting working capital of CN¥535.23 Million against net assets of CN¥1.47 Billion CNY. For the complete balance sheet picture, see 002696 total assets.
Annual Working Capital to Net Assets for Baiyang Aquatic Group Inc (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Baiyang Aquatic Group Inc from 2008 to 2025, covering 18 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 Baiyang Aquatic Group Inc (002696) liquid assets ratio 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 | 51.1% | CN¥759.85 Million | CN¥1.49 Billion | CN¥2.27 Billion | CN¥1.51 Billion | ▲ +8.7 pp |
| 2024 | 42.5% | CN¥605.14 Million | CN¥1.43 Billion | CN¥1.69 Billion | CN¥1.09 Billion | ▼ -6.2 pp |
| 2023 | 48.7% | CN¥726.88 Million | CN¥1.49 Billion | CN¥1.61 Billion | CN¥878.15 Million | ▲ +25.8 pp |
| 2022 | 22.9% | CN¥347.50 Million | CN¥1.52 Billion | CN¥1.51 Billion | CN¥1.17 Billion | ▼ -12.7 pp |
| 2021 | 35.6% | CN¥516.22 Million | CN¥1.45 Billion | CN¥1.38 Billion | CN¥865.15 Million | ▲ +7.6 pp |
| 2020 | 28.0% | CN¥397.18 Million | CN¥1.42 Billion | CN¥1.44 Billion | CN¥1.05 Billion | ▲ +21.9 pp |
| 2019 | 6.2% | CN¥86.38 Million | CN¥1.40 Billion | CN¥1.40 Billion | CN¥1.32 Billion | ▼ -9.5 pp |
| 2018 | 15.7% | CN¥361.94 Million | CN¥2.31 Billion | CN¥1.74 Billion | CN¥1.38 Billion | ▼ -4.1 pp |
| 2017 | 19.8% | CN¥454.89 Million | CN¥2.30 Billion | CN¥1.71 Billion | CN¥1.26 Billion | ▲ +5.7 pp |
| 2016 | 14.1% | CN¥157.89 Million | CN¥1.12 Billion | CN¥925.32 Million | CN¥767.43 Million | ▼ -6.2 pp |
| 2015 | 20.3% | CN¥217.30 Million | CN¥1.07 Billion | CN¥1.01 Billion | CN¥789.05 Million | ▼ -10.7 pp |
| 2014 | 31.0% | CN¥308.70 Million | CN¥995.10 Million | CN¥1.00 Billion | CN¥693.80 Million | ▼ -16.6 pp |
| 2013 | 47.7% | CN¥449.29 Million | CN¥942.63 Million | CN¥832.86 Million | CN¥383.57 Million | ▼ -19.0 pp |
| 2012 | 66.7% | CN¥608.90 Million | CN¥913.06 Million | CN¥923.43 Million | CN¥314.53 Million | ▲ +40.0 pp |
| 2011 | 26.7% | CN¥91.66 Million | CN¥343.70 Million | CN¥385.53 Million | CN¥293.87 Million | ▼ -10.0 pp |
| 2010 | 36.6% | CN¥108.92 Million | CN¥297.25 Million | CN¥320.70 Million | CN¥211.78 Million | ▲ +6.2 pp |
| 2009 | 30.4% | CN¥53.34 Million | CN¥175.25 Million | CN¥207.14 Million | CN¥153.80 Million | ▼ -4.6 pp |
| 2008 | 35.0% | CN¥37.15 Million | CN¥106.15 Million | CN¥169.22 Million | CN¥132.07 Million | — |