Chaozhou Three-circle Group Co Ltd (300408) — Working Capital to Net Assets Ratio
Chaozhou Three-circle Group Co Ltd (300408) has a Working Capital to Net Assets ratio of 52.2% as of September 2025. Working capital of CN¥10.97 Billion (current assets of CN¥13.92 Billion minus current liabilities of CN¥2.95 Billion) is measured against net assets of CN¥21.01 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Chaozhou Three-circle Group Co Ltd (300408) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Chaozhou Three-circle Group Co Ltd Working Capital to Net Assets (2011–2024)
This chart shows how Chaozhou Three-circle Group Co Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 52.2%, reflecting working capital of CN¥10.97 Billion against net assets of CN¥21.01 Billion CNY. See how many days can Chaozhou Three-circle Group Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Chaozhou Three-circle Group Co Ltd (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Chaozhou Three-circle Group Co Ltd from 2011 to 2024, covering 14 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 300408 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 55.4% | CN¥11.01 Billion | CN¥19.87 Billion | CN¥13.60 Billion | CN¥2.59 Billion | ▲ +6.7 pp |
| 2023 | 48.7% | CN¥8.88 Billion | CN¥18.24 Billion | CN¥11.28 Billion | CN¥2.40 Billion | ▼ -17.6 pp |
| 2022 | 66.3% | CN¥11.34 Billion | CN¥17.10 Billion | CN¥12.82 Billion | CN¥1.48 Billion | ▼ -3.0 pp |
| 2021 | 69.2% | CN¥11.21 Billion | CN¥16.19 Billion | CN¥12.79 Billion | CN¥1.57 Billion | ▼ -1.0 pp |
| 2020 | 70.2% | CN¥7.59 Billion | CN¥10.81 Billion | CN¥8.36 Billion | CN¥769.86 Million | ▲ +6.1 pp |
| 2019 | 64.2% | CN¥4.82 Billion | CN¥7.51 Billion | CN¥5.30 Billion | CN¥479.36 Million | ▲ +2.5 pp |
| 2018 | 61.6% | CN¥4.33 Billion | CN¥7.02 Billion | CN¥5.40 Billion | CN¥1.07 Billion | ▼ -7.0 pp |
| 2017 | 68.6% | CN¥4.07 Billion | CN¥5.94 Billion | CN¥4.88 Billion | CN¥802.84 Million | ▼ -11.3 pp |
| 2016 | 79.9% | CN¥4.11 Billion | CN¥5.14 Billion | CN¥4.56 Billion | CN¥448.08 Million | ▼ -1.7 pp |
| 2015 | 81.6% | CN¥3.52 Billion | CN¥4.31 Billion | CN¥3.93 Billion | CN¥414.21 Million | ▲ +2.7 pp |
| 2014 | 78.9% | CN¥2.87 Billion | CN¥3.64 Billion | CN¥3.19 Billion | CN¥314.53 Million | ▲ +19.5 pp |
| 2013 | 59.5% | CN¥1.07 Billion | CN¥1.80 Billion | CN¥1.39 Billion | CN¥324.86 Million | ▲ +3.0 pp |
| 2012 | 56.4% | CN¥828.86 Million | CN¥1.47 Billion | CN¥1.17 Billion | CN¥339.59 Million | ▲ +11.6 pp |
| 2011 | 44.8% | CN¥466.64 Million | CN¥1.04 Billion | CN¥826.19 Million | CN¥359.55 Million | — |