Jiangsu Zitian Media Technology Co Ltd (300280) — Working Capital to Net Assets Ratio
Jiangsu Zitian Media Technology Co Ltd (300280) has a Working Capital to Net Assets ratio of 36.2% as of September 2024. Working capital of CN¥442.66 Million (current assets of CN¥2.60 Billion minus current liabilities of CN¥2.16 Billion) is measured against net assets of CN¥1.22 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Jiangsu Zitian Media Technology Co Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Jiangsu Zitian Media Technology Co Ltd Working Capital to Net Assets (2016–2023)
This chart shows how Jiangsu Zitian Media Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2016 to 2023. As of September 2024, the ratio stands at 36.2%, reflecting working capital of CN¥442.66 Million against net assets of CN¥1.22 Billion CNY. See 300280 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Jiangsu Zitian Media Technology Co Ltd (2016–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Jiangsu Zitian Media Technology Co Ltd from 2016 to 2023, covering 8 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 300280 market cap overview.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 35.8% | CN¥435.77 Million | CN¥1.22 Billion | CN¥2.62 Billion | CN¥2.19 Billion | ▼ -8.7 pp |
| 2022 | 44.5% | CN¥1.08 Billion | CN¥2.42 Billion | CN¥3.33 Billion | CN¥2.25 Billion | ▲ +6.7 pp |
| 2021 | 37.8% | CN¥833.02 Million | CN¥2.20 Billion | CN¥2.09 Billion | CN¥1.26 Billion | ▲ +20.6 pp |
| 2020 | 17.2% | CN¥327.81 Million | CN¥1.91 Billion | CN¥1.55 Billion | CN¥1.22 Billion | ▼ -9.8 pp |
| 2019 | 26.9% | CN¥543.25 Million | CN¥2.02 Billion | CN¥1.05 Billion | CN¥506.04 Million | ▲ +32.3 pp |
| 2018 | -5.3% | CN¥-71.23 Million | CN¥1.34 Billion | CN¥780.90 Million | CN¥852.13 Million | ▼ -13.9 pp |
| 2017 | 8.6% | CN¥54.83 Million | CN¥636.71 Million | CN¥480.51 Million | CN¥425.68 Million | ▼ -32.1 pp |
| 2016 | 40.8% | CN¥257.95 Million | CN¥632.98 Million | CN¥439.43 Million | CN¥181.48 Million | — |