Ningbo Cixing (300307) — Working Capital to Net Assets Ratio
Ningbo Cixing (300307) has a Working Capital to Net Assets ratio of 44.2% as of March 2026. Working capital of CN¥1.46 Billion (current assets of CN¥2.59 Billion minus current liabilities of CN¥1.14 Billion) is measured against net assets of CN¥3.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 300307 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ningbo Cixing Working Capital to Net Assets (2008–2025)
This chart shows how Ningbo Cixing's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 44.2%, reflecting working capital of CN¥1.46 Billion against net assets of CN¥3.29 Billion CNY. For the complete balance sheet picture, see 300307 total asset value.
Annual Working Capital to Net Assets for Ningbo Cixing (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningbo Cixing from 2008 to 2025, 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. Check 300307 cash and liquid asset ratio 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 | 43.6% | CN¥1.40 Billion | CN¥3.20 Billion | CN¥2.56 Billion | CN¥1.17 Billion | ▲ +8.2 pp |
| 2024 | 35.4% | CN¥1.13 Billion | CN¥3.20 Billion | CN¥2.84 Billion | CN¥1.70 Billion | ▲ +7.8 pp |
| 2023 | 27.6% | CN¥804.41 Million | CN¥2.92 Billion | CN¥2.65 Billion | CN¥1.84 Billion | ▼ -5.6 pp |
| 2022 | 33.2% | CN¥899.48 Million | CN¥2.71 Billion | CN¥2.59 Billion | CN¥1.69 Billion | ▼ -1.7 pp |
| 2021 | 34.8% | CN¥913.65 Million | CN¥2.62 Billion | CN¥2.30 Billion | CN¥1.39 Billion | ▼ -9.5 pp |
| 2020 | 44.3% | CN¥1.13 Billion | CN¥2.55 Billion | CN¥2.12 Billion | CN¥990.92 Million | ▼ -5.9 pp |
| 2019 | 50.2% | CN¥1.61 Billion | CN¥3.22 Billion | CN¥2.35 Billion | CN¥734.40 Million | ▲ +3.5 pp |
| 2018 | 46.7% | CN¥1.90 Billion | CN¥4.07 Billion | CN¥3.31 Billion | CN¥1.42 Billion | ▼ -7.8 pp |
| 2017 | 54.5% | CN¥2.22 Billion | CN¥4.07 Billion | CN¥3.10 Billion | CN¥882.02 Million | ▼ -1.0 pp |
| 2016 | 55.5% | CN¥2.19 Billion | CN¥3.94 Billion | CN¥2.64 Billion | CN¥451.44 Million | ▼ -17.5 pp |
| 2015 | 73.0% | CN¥2.82 Billion | CN¥3.87 Billion | CN¥3.03 Billion | CN¥210.17 Million | ▼ -1.7 pp |
| 2014 | 74.7% | CN¥2.80 Billion | CN¥3.75 Billion | CN¥3.28 Billion | CN¥477.19 Million | ▼ -10.3 pp |
| 2013 | 85.0% | CN¥3.55 Billion | CN¥4.18 Billion | CN¥4.05 Billion | CN¥499.78 Million | ▼ -3.7 pp |
| 2012 | 88.8% | CN¥3.53 Billion | CN¥3.98 Billion | CN¥3.97 Billion | CN¥442.79 Million | ▲ +14.8 pp |
| 2011 | 74.0% | CN¥1.29 Billion | CN¥1.74 Billion | CN¥2.39 Billion | CN¥1.10 Billion | ▲ +7.7 pp |
| 2010 | 66.2% | CN¥547.33 Million | CN¥826.21 Million | CN¥1.94 Billion | CN¥1.39 Billion | ▲ +1.0 pp |
| 2009 | 65.2% | CN¥163.19 Million | CN¥250.17 Million | CN¥685.79 Million | CN¥522.60 Million | ▲ +25.5 pp |
| 2008 | 39.7% | CN¥45.42 Million | CN¥114.40 Million | CN¥364.16 Million | CN¥318.73 Million | — |