Tong Oil Tools (300164) — Working Capital to Net Assets Ratio
Tong Oil Tools (300164) has a Working Capital to Net Assets ratio of 36.4% as of March 2026. Working capital of CN¥509.56 Million (current assets of CN¥945.60 Million minus current liabilities of CN¥436.05 Million) is measured against net assets of CN¥1.40 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tong Oil Tools net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tong Oil Tools Working Capital to Net Assets (2015–2025)
This chart shows how Tong Oil Tools's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 36.4%, reflecting working capital of CN¥509.56 Million against net assets of CN¥1.40 Billion CNY. Check Tong Oil Tools tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tong Oil Tools (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tong Oil Tools from 2015 to 2025, covering 11 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 Tong Oil Tools market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 36.3% | CN¥517.83 Million | CN¥1.43 Billion | CN¥929.97 Million | CN¥412.14 Million | ▲ +0.6 pp |
| 2024 | 35.7% | CN¥502.54 Million | CN¥1.41 Billion | CN¥1.00 Billion | CN¥497.86 Million | ▼ -3.1 pp |
| 2023 | 38.9% | CN¥521.13 Million | CN¥1.34 Billion | CN¥912.77 Million | CN¥391.64 Million | ▲ +15.9 pp |
| 2022 | 22.9% | CN¥255.03 Million | CN¥1.11 Billion | CN¥831.66 Million | CN¥576.63 Million | ▲ +10.2 pp |
| 2021 | 12.8% | CN¥122.27 Million | CN¥957.70 Million | CN¥738.58 Million | CN¥616.30 Million | ▼ -12.1 pp |
| 2020 | 24.8% | CN¥238.94 Million | CN¥962.68 Million | CN¥759.33 Million | CN¥520.40 Million | ▲ +11.3 pp |
| 2019 | 13.6% | CN¥253.92 Million | CN¥1.87 Billion | CN¥1.17 Billion | CN¥913.93 Million | ▼ -7.6 pp |
| 2018 | 21.2% | CN¥387.24 Million | CN¥1.83 Billion | CN¥1.11 Billion | CN¥727.42 Million | ▼ -8.7 pp |
| 2017 | 29.8% | CN¥601.29 Million | CN¥2.01 Billion | CN¥1.10 Billion | CN¥498.65 Million | ▼ -11.6 pp |
| 2016 | 41.5% | CN¥681.01 Million | CN¥1.64 Billion | CN¥883.89 Million | CN¥202.88 Million | ▼ -2.8 pp |
| 2015 | 44.3% | CN¥709.84 Million | CN¥1.60 Billion | CN¥1.09 Billion | CN¥383.37 Million | — |