Gansu Golden Glass Technologies Co Ltd (300093) — Working Capital to Net Assets Ratio
Gansu Golden Glass Technologies Co Ltd (300093) has a Working Capital to Net Assets ratio of 261.3% as of September 2025. Working capital of CN¥-3.13 Billion (current assets of CN¥440.27 Million minus current liabilities of CN¥3.57 Billion) is measured against net assets of CN¥-1.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 300093 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gansu Golden Glass Technologies Co Ltd Working Capital to Net Assets (2007–2024)
This chart shows how Gansu Golden Glass Technologies Co Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 261.3%, reflecting working capital of CN¥-3.13 Billion against net assets of CN¥-1.20 Billion CNY. See Gansu Golden Glass Technologies Co Ltd (300093) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Gansu Golden Glass Technologies Co Ltd (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gansu Golden Glass Technologies Co Ltd from 2007 to 2024, 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. For live market cap and the full company profile, see 300093 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 324.4% | CN¥-2.59 Billion | CN¥-798.18 Million | CN¥278.29 Million | CN¥2.87 Billion | ▲ +5484.0 pp |
| 2023 | -5159.6% | CN¥-1.49 Billion | CN¥28.82 Million | CN¥306.20 Million | CN¥1.79 Billion | ▼ -4120.8 pp |
| 2022 | -1038.8% | CN¥-720.74 Million | CN¥69.38 Million | CN¥827.14 Million | CN¥1.55 Billion | ▼ -1014.1 pp |
| 2021 | -24.7% | CN¥-76.10 Million | CN¥308.33 Million | CN¥660.64 Million | CN¥736.74 Million | ▼ -45.7 pp |
| 2020 | 21.0% | CN¥106.55 Million | CN¥507.06 Million | CN¥545.31 Million | CN¥438.76 Million | ▼ -8.6 pp |
| 2019 | 29.6% | CN¥186.67 Million | CN¥630.17 Million | CN¥747.90 Million | CN¥561.24 Million | ▼ -26.8 pp |
| 2018 | 56.5% | CN¥508.10 Million | CN¥899.94 Million | CN¥971.38 Million | CN¥463.27 Million | ▲ +6.8 pp |
| 2017 | 49.7% | CN¥444.81 Million | CN¥895.40 Million | CN¥960.00 Million | CN¥515.19 Million | ▲ +10.7 pp |
| 2016 | 39.0% | CN¥340.64 Million | CN¥873.02 Million | CN¥729.77 Million | CN¥389.13 Million | ▲ +0.8 pp |
| 2015 | 38.3% | CN¥334.16 Million | CN¥873.43 Million | CN¥1.07 Billion | CN¥734.09 Million | ▼ -23.1 pp |
| 2014 | 61.3% | CN¥536.47 Million | CN¥874.94 Million | CN¥1.01 Billion | CN¥474.93 Million | ▲ +0.7 pp |
| 2013 | 60.6% | CN¥519.25 Million | CN¥857.17 Million | CN¥861.33 Million | CN¥342.08 Million | ▲ +24.3 pp |
| 2012 | 36.2% | CN¥307.88 Million | CN¥849.83 Million | CN¥643.51 Million | CN¥335.63 Million | ▼ -4.2 pp |
| 2011 | 40.5% | CN¥334.61 Million | CN¥827.16 Million | CN¥552.85 Million | CN¥218.24 Million | ▼ -24.4 pp |
| 2010 | 64.9% | CN¥515.21 Million | CN¥794.28 Million | CN¥694.39 Million | CN¥179.18 Million | ▲ +34.2 pp |
| 2009 | 30.6% | CN¥87.30 Million | CN¥284.91 Million | CN¥189.77 Million | CN¥102.47 Million | ▲ +0.4 pp |
| 2008 | 30.3% | CN¥76.31 Million | CN¥252.11 Million | CN¥160.19 Million | CN¥83.88 Million | ▲ +10.0 pp |
| 2007 | 20.2% | CN¥26.76 Million | CN¥132.31 Million | CN¥137.93 Million | CN¥111.18 Million | — |