Qingdao Sentury Tire Co Ltd Working Capital to Net Assets Ratio
Qingdao Sentury Tire Co Ltd working capital to net assets ratio. Qingdao Sentury Tire Co Ltd (002984) has a Working Capital to Net Assets ratio of 50.4% as of September 2025. Working capital of CN¥6.98 Billion (current assets of CN¥9.35 Billion minus current liabilities of CN¥2.37 Billion) is measured against net assets of CN¥13.85 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Qingdao Sentury Tire Co Ltd tangible book value ratio 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 Qingdao Sentury Tire Co Ltd (2015–2024)
Working capital to net assets ratio of Qingdao Sentury Tire Co Ltd from 2015 to 2024. This chart shows how Qingdao Sentury Tire Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 50.4%, reflecting working capital of CN¥6.98 Billion against net assets of CN¥13.85 Billion CNY. See operational self-sufficiency of Qingdao Sentury Tire Co Ltd to measure how many days the company can operate on defensive assets alone.
Qingdao Sentury Tire Co Ltd Working Capital to Net Assets Ratio by Year (2015–2024)
Qingdao Sentury Tire Co Ltd working capital to net assets ratio by year from 2015 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Qingdao Sentury Tire Co Ltd from 2015 to 2024, covering 10 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 002984 current and non-current assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 47.3% | CN¥6.38 Billion | CN¥13.49 Billion | CN¥8.23 Billion | CN¥1.85 Billion | ▼ -11.7 pp |
| 2023 | 59.0% | CN¥6.95 Billion | CN¥11.79 Billion | CN¥8.71 Billion | CN¥1.76 Billion | ▲ +14.5 pp |
| 2022 | 44.5% | CN¥3.40 Billion | CN¥7.62 Billion | CN¥4.83 Billion | CN¥1.44 Billion | ▼ -9.5 pp |
| 2021 | 54.0% | CN¥3.59 Billion | CN¥6.65 Billion | CN¥5.02 Billion | CN¥1.43 Billion | ▲ +24.4 pp |
| 2020 | 29.7% | CN¥1.65 Billion | CN¥5.55 Billion | CN¥3.26 Billion | CN¥1.61 Billion | ▲ +2.8 pp |
| 2019 | 26.9% | CN¥969.81 Million | CN¥3.61 Billion | CN¥2.37 Billion | CN¥1.40 Billion | ▲ +8.0 pp |
| 2018 | 18.9% | CN¥532.34 Million | CN¥2.82 Billion | CN¥2.27 Billion | CN¥1.74 Billion | ▲ +54.5 pp |
| 2017 | -35.6% | CN¥-796.08 Million | CN¥2.24 Billion | CN¥2.20 Billion | CN¥2.99 Billion | ▼ -1.4 pp |
| 2016 | -34.2% | CN¥-652.14 Million | CN¥1.91 Billion | CN¥1.66 Billion | CN¥2.31 Billion | ▲ +26.5 pp |
| 2015 | -60.6% | CN¥-936.17 Million | CN¥1.54 Billion | CN¥1.80 Billion | CN¥2.73 Billion | — |