Tongxing Environmental Protection (003027) — Working Capital to Net Assets Ratio
Tongxing Environmental Protection (003027) has a Working Capital to Net Assets ratio of 55.7% as of March 2026. Working capital of CN¥1.02 Billion (current assets of CN¥1.59 Billion minus current liabilities of CN¥566.45 Million) is measured against net assets of CN¥1.84 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 003027 equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tongxing Environmental Protection Working Capital to Net Assets (2016–2025)
This chart shows how Tongxing Environmental Protection's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 55.7%, reflecting working capital of CN¥1.02 Billion against net assets of CN¥1.84 Billion CNY. Check 003027 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tongxing Environmental Protection (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tongxing Environmental Protection from 2016 to 2025, 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 live market cap and the full company profile, see Tongxing Environmental Protection stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 54.9% | CN¥1.00 Billion | CN¥1.82 Billion | CN¥1.63 Billion | CN¥628.97 Million | ▼ -3.0 pp |
| 2024 | 57.9% | CN¥1.04 Billion | CN¥1.80 Billion | CN¥1.67 Billion | CN¥626.56 Million | ▼ -9.1 pp |
| 2023 | 67.0% | CN¥1.19 Billion | CN¥1.78 Billion | CN¥2.13 Billion | CN¥938.82 Million | ▼ -3.3 pp |
| 2022 | 70.3% | CN¥1.26 Billion | CN¥1.79 Billion | CN¥2.15 Billion | CN¥891.63 Million | ▼ -6.4 pp |
| 2021 | 76.7% | CN¥1.29 Billion | CN¥1.69 Billion | CN¥1.85 Billion | CN¥559.53 Million | ▼ -7.6 pp |
| 2020 | 84.3% | CN¥1.30 Billion | CN¥1.54 Billion | CN¥1.77 Billion | CN¥472.06 Million | ▲ +13.8 pp |
| 2019 | 70.5% | CN¥430.33 Million | CN¥610.68 Million | CN¥886.87 Million | CN¥456.54 Million | ▼ -3.8 pp |
| 2018 | 74.3% | CN¥315.31 Million | CN¥424.42 Million | CN¥658.26 Million | CN¥342.95 Million | ▲ +8.9 pp |
| 2017 | 65.4% | CN¥192.35 Million | CN¥293.95 Million | CN¥382.72 Million | CN¥190.37 Million | ▲ +19.7 pp |
| 2016 | 45.7% | CN¥73.12 Million | CN¥159.92 Million | CN¥197.44 Million | CN¥124.32 Million | — |