Changsha Kaiyuan Instruments (300338) — Working Capital to Net Assets Ratio
Changsha Kaiyuan Instruments (300338) has a Working Capital to Net Assets ratio of 823.6% as of June 2025. Working capital of CN¥-144.97 Million (current assets of CN¥320.34 Million minus current liabilities of CN¥465.30 Million) is measured against net assets of CN¥-17.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Changsha Kaiyuan Instruments leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Changsha Kaiyuan Instruments Working Capital to Net Assets (2015–2024)
This chart shows how Changsha Kaiyuan Instruments's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2025, the ratio stands at 823.6%, reflecting working capital of CN¥-144.97 Million against net assets of CN¥-17.60 Million CNY. See defensive interval ratio of Changsha Kaiyuan Instruments to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Changsha Kaiyuan Instruments (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Changsha Kaiyuan Instruments from 2015 to 2024, covering 10 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 market value of Changsha Kaiyuan Instruments.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -431.6% | CN¥-113.16 Million | CN¥26.22 Million | CN¥438.39 Million | CN¥551.56 Million | ▼ -742.9 pp |
| 2023 | 311.3% | CN¥-354.13 Million | CN¥-113.76 Million | CN¥224.87 Million | CN¥579.00 Million | ▲ +958.1 pp |
| 2022 | -646.8% | CN¥-533.16 Million | CN¥82.44 Million | CN¥192.47 Million | CN¥725.63 Million | ▲ +1839.7 pp |
| 2021 | -2486.5% | CN¥-810.30 Million | CN¥32.59 Million | CN¥227.60 Million | CN¥1.04 Billion | ▼ -2390.4 pp |
| 2020 | -96.1% | CN¥-484.73 Million | CN¥504.45 Million | CN¥433.24 Million | CN¥917.97 Million | ▼ -101.9 pp |
| 2019 | 5.8% | CN¥85.08 Million | CN¥1.46 Billion | CN¥807.14 Million | CN¥722.06 Million | ▼ -5.6 pp |
| 2018 | 11.4% | CN¥256.55 Million | CN¥2.25 Billion | CN¥991.37 Million | CN¥734.83 Million | ▲ +2.5 pp |
| 2017 | 8.9% | CN¥189.53 Million | CN¥2.14 Billion | CN¥1.02 Billion | CN¥835.02 Million | ▼ -42.5 pp |
| 2016 | 51.4% | CN¥391.94 Million | CN¥762.68 Million | CN¥591.46 Million | CN¥199.51 Million | ▼ -3.1 pp |
| 2015 | 54.5% | CN¥414.33 Million | CN¥759.95 Million | CN¥583.09 Million | CN¥168.77 Million | — |