Gifore Agricultural Machinery Chain Co Ltd (300022) — Working Capital to Net Assets Ratio
Gifore Agricultural Machinery Chain Co Ltd (300022) has a Working Capital to Net Assets ratio of 69.9% as of June 2025. Working capital of CN¥601.79 Million (current assets of CN¥1.84 Billion minus current liabilities of CN¥1.24 Billion) is measured against net assets of CN¥860.93 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Gifore Agricultural Machinery Chain Co L (300022) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gifore Agricultural Machinery Chain Co Ltd Working Capital to Net Assets (2016–2024)
This chart shows how Gifore Agricultural Machinery Chain Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 69.9%, reflecting working capital of CN¥601.79 Million against net assets of CN¥860.93 Million CNY. See 300022 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Gifore Agricultural Machinery Chain Co Ltd (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gifore Agricultural Machinery Chain Co Ltd from 2016 to 2024, covering 9 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 market cap of Gifore Agricultural Machinery Chain Co L.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 70.0% | CN¥611.38 Million | CN¥872.96 Million | CN¥1.58 Billion | CN¥971.97 Million | ▼ -1.4 pp |
| 2023 | 71.4% | CN¥636.53 Million | CN¥891.68 Million | CN¥1.56 Billion | CN¥923.47 Million | ▲ +40.6 pp |
| 2022 | 30.8% | CN¥120.93 Million | CN¥392.54 Million | CN¥1.33 Billion | CN¥1.21 Billion | ▲ +13.7 pp |
| 2021 | 17.1% | CN¥56.65 Million | CN¥331.34 Million | CN¥1.29 Billion | CN¥1.24 Billion | ▲ +17.7 pp |
| 2020 | -0.6% | CN¥-1.70 Million | CN¥288.77 Million | CN¥1.33 Billion | CN¥1.34 Billion | ▲ +8.2 pp |
| 2019 | -8.8% | CN¥-25.22 Million | CN¥286.91 Million | CN¥1.42 Billion | CN¥1.45 Billion | ▼ -27.4 pp |
| 2018 | 18.6% | CN¥75.56 Million | CN¥406.32 Million | CN¥1.56 Billion | CN¥1.48 Billion | ▲ +2.8 pp |
| 2017 | 15.8% | CN¥62.72 Million | CN¥397.77 Million | CN¥1.69 Billion | CN¥1.63 Billion | ▼ -14.0 pp |
| 2016 | 29.8% | CN¥139.56 Million | CN¥468.43 Million | CN¥1.90 Billion | CN¥1.76 Billion | — |