Jiangsu Huasheng Tianlong Photo (300029) — Working Capital to Net Assets Ratio
Jiangsu Huasheng Tianlong Photo (300029) has a Working Capital to Net Assets ratio of 144.3% as of September 2025. Working capital of CN¥-25.87 Million (current assets of CN¥278.40 Million minus current liabilities of CN¥304.27 Million) is measured against net assets of CN¥-17.93 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Jiangsu Huasheng Tianlong Photo leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Jiangsu Huasheng Tianlong Photo Working Capital to Net Assets (2006–2024)
This chart shows how Jiangsu Huasheng Tianlong Photo's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 144.3%, reflecting working capital of CN¥-25.87 Million against net assets of CN¥-17.93 Million CNY. See operational self-sufficiency of Jiangsu Huasheng Tianlong Photo to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Jiangsu Huasheng Tianlong Photo (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Jiangsu Huasheng Tianlong Photo from 2006 to 2024, covering 19 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 300029 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 148.7% | CN¥-4.83 Million | CN¥-3.25 Million | CN¥221.41 Million | CN¥226.23 Million | ▲ +72.5 pp |
| 2023 | 76.2% | CN¥16.23 Million | CN¥21.30 Million | CN¥358.06 Million | CN¥341.83 Million | ▼ -18.9 pp |
| 2022 | 95.2% | CN¥28.41 Million | CN¥29.85 Million | CN¥220.77 Million | CN¥192.36 Million | ▲ +146.3 pp |
| 2021 | -51.1% | CN¥-7.21 Million | CN¥14.11 Million | CN¥296.50 Million | CN¥303.71 Million | ▲ +255.6 pp |
| 2020 | -306.7% | CN¥-54.90 Million | CN¥17.90 Million | CN¥135.32 Million | CN¥190.22 Million | ▼ -240.0 pp |
| 2019 | -66.7% | CN¥-33.17 Million | CN¥49.70 Million | CN¥9.81 Million | CN¥42.98 Million | ▼ -85.5 pp |
| 2018 | 18.7% | CN¥21.21 Million | CN¥113.29 Million | CN¥74.78 Million | CN¥53.57 Million | ▼ -20.8 pp |
| 2017 | 39.5% | CN¥106.64 Million | CN¥269.70 Million | CN¥348.34 Million | CN¥241.70 Million | ▲ +29.7 pp |
| 2016 | 9.8% | CN¥19.71 Million | CN¥200.55 Million | CN¥428.27 Million | CN¥408.56 Million | ▲ +0.7 pp |
| 2015 | 9.2% | CN¥23.16 Million | CN¥252.35 Million | CN¥366.91 Million | CN¥343.76 Million | ▼ -43.7 pp |
| 2014 | 52.9% | CN¥348.57 Million | CN¥659.11 Million | CN¥778.48 Million | CN¥429.91 Million | ▲ +15.3 pp |
| 2013 | 37.6% | CN¥253.46 Million | CN¥673.94 Million | CN¥657.62 Million | CN¥404.15 Million | ▼ -5.6 pp |
| 2012 | 43.2% | CN¥354.08 Million | CN¥819.86 Million | CN¥852.61 Million | CN¥498.53 Million | ▼ -19.2 pp |
| 2011 | 62.4% | CN¥861.98 Million | CN¥1.38 Billion | CN¥1.20 Billion | CN¥334.49 Million | ▼ -20.2 pp |
| 2010 | 82.6% | CN¥1.02 Billion | CN¥1.23 Billion | CN¥1.23 Billion | CN¥212.98 Million | ▼ -7.1 pp |
| 2009 | 89.7% | CN¥1.02 Billion | CN¥1.14 Billion | CN¥1.20 Billion | CN¥179.22 Million | ▲ +25.7 pp |
| 2008 | 64.0% | CN¥124.22 Million | CN¥194.03 Million | CN¥283.61 Million | CN¥159.39 Million | ▼ -8.8 pp |
| 2007 | 72.8% | CN¥45.93 Million | CN¥63.06 Million | CN¥275.78 Million | CN¥229.85 Million | ▲ +238.6 pp |
| 2006 | -165.8% | CN¥-19.27 Million | CN¥11.62 Million | CN¥55.77 Million | CN¥75.04 Million | — |