Ningbo Cixing Working Capital to Net Assets Ratio
Ningbo Cixing 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. Check tangible net worth ratio of Ningbo Cixing to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Ningbo Cixing (2008–2025)
Working capital to net assets ratio of Ningbo Cixing from 2008 to 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. See 300307 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Ningbo Cixing Working Capital to Net Assets Ratio by Year (2008–2025)
Ningbo Cixing working capital to net assets ratio by year from 2008 to 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. For the complete balance sheet picture, see 300307 current and non-current assets.
| 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 | — |