Songcheng Performance Develop (300144) — Working Capital to Net Assets Ratio
Songcheng Performance Develop (300144) has a Working Capital to Net Assets ratio of 40.4% as of March 2026. Working capital of CN¥3.29 Billion (current assets of CN¥3.99 Billion minus current liabilities of CN¥698.59 Million) is measured against net assets of CN¥8.14 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Songcheng Performance Develop defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Songcheng Performance Develop Working Capital to Net Assets (2007–2025)
This chart shows how Songcheng Performance Develop's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 40.4%, reflecting working capital of CN¥3.29 Billion against net assets of CN¥8.14 Billion CNY. For the complete balance sheet picture, see total assets of Songcheng Performance Develop.
Annual Working Capital to Net Assets for Songcheng Performance Develop (2007–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Songcheng Performance Develop from 2007 to 2025, 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. Check Songcheng Performance Develop liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 43.4% | CN¥3.79 Billion | CN¥8.75 Billion | CN¥4.63 Billion | CN¥840.10 Million | ▲ +1.9 pp |
| 2024 | 41.4% | CN¥3.49 Billion | CN¥8.41 Billion | CN¥4.14 Billion | CN¥649.39 Million | ▲ +6.2 pp |
| 2023 | 35.3% | CN¥2.66 Billion | CN¥7.54 Billion | CN¥3.38 Billion | CN¥726.01 Million | ▲ +12.6 pp |
| 2022 | 22.7% | CN¥1.76 Billion | CN¥7.77 Billion | CN¥2.61 Billion | CN¥851.01 Million | ▲ +6.8 pp |
| 2021 | 15.8% | CN¥1.26 Billion | CN¥7.96 Billion | CN¥2.01 Billion | CN¥747.88 Million | ▲ +0.4 pp |
| 2020 | 15.4% | CN¥1.19 Billion | CN¥7.74 Billion | CN¥1.91 Billion | CN¥716.88 Million | ▼ -6.4 pp |
| 2019 | 21.8% | CN¥2.16 Billion | CN¥9.88 Billion | CN¥2.92 Billion | CN¥765.04 Million | ▲ +5.1 pp |
| 2018 | 16.7% | CN¥1.69 Billion | CN¥10.10 Billion | CN¥2.80 Billion | CN¥1.12 Billion | ▲ +2.7 pp |
| 2017 | 14.0% | CN¥1.05 Billion | CN¥7.48 Billion | CN¥2.31 Billion | CN¥1.26 Billion | ▼ -4.9 pp |
| 2016 | 18.9% | CN¥1.24 Billion | CN¥6.56 Billion | CN¥1.84 Billion | CN¥600.93 Million | ▲ +0.0 pp |
| 2015 | 18.8% | CN¥1.08 Billion | CN¥5.71 Billion | CN¥1.74 Billion | CN¥661.88 Million | ▼ -1.6 pp |
| 2014 | 20.4% | CN¥714.53 Million | CN¥3.50 Billion | CN¥1.05 Billion | CN¥338.58 Million | ▼ -8.0 pp |
| 2013 | 28.4% | CN¥904.77 Million | CN¥3.18 Billion | CN¥1.17 Billion | CN¥268.07 Million | ▼ -14.9 pp |
| 2012 | 43.3% | CN¥1.27 Billion | CN¥2.93 Billion | CN¥1.51 Billion | CN¥236.34 Million | ▼ -20.6 pp |
| 2011 | 63.9% | CN¥1.73 Billion | CN¥2.70 Billion | CN¥1.99 Billion | CN¥267.06 Million | ▼ -21.5 pp |
| 2010 | 85.3% | CN¥2.16 Billion | CN¥2.53 Billion | CN¥2.37 Billion | CN¥209.79 Million | ▲ +80.6 pp |
| 2009 | 4.8% | CN¥12.67 Million | CN¥266.08 Million | CN¥94.74 Million | CN¥82.07 Million | ▲ +137.1 pp |
| 2008 | -132.3% | CN¥-232.30 Million | CN¥175.56 Million | CN¥44.91 Million | CN¥277.22 Million | ▼ -42.1 pp |
| 2007 | -90.3% | CN¥-116.91 Million | CN¥129.53 Million | CN¥81.32 Million | CN¥198.23 Million | — |