Sichuan Goldstone Orient New Material Equipment Co Ltd (300434) — Working Capital to Net Assets Ratio
Sichuan Goldstone Orient New Material Equipment Co Ltd (300434) has a Working Capital to Net Assets ratio of 22.7% as of June 2025. Working capital of CN¥568.90 Million (current assets of CN¥970.61 Million minus current liabilities of CN¥401.71 Million) is measured against net assets of CN¥2.51 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 300434 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sichuan Goldstone Orient New Material Equipment Co Ltd Working Capital to Net Assets (2015–2024)
This chart shows how Sichuan Goldstone Orient New Material Equipment Co Ltd'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 22.7%, reflecting working capital of CN¥568.90 Million against net assets of CN¥2.51 Billion CNY. See how many days can Sichuan Goldstone Orient New Material Eq fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sichuan Goldstone Orient New Material Equipment Co Ltd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sichuan Goldstone Orient New Material Equipment Co Ltd 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 Sichuan Goldstone Orient New Material Eq (300434) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 23.4% | CN¥578.18 Million | CN¥2.47 Billion | CN¥1.07 Billion | CN¥491.84 Million | ▼ -8.4 pp |
| 2023 | 31.8% | CN¥770.42 Million | CN¥2.42 Billion | CN¥1.37 Billion | CN¥601.17 Million | ▲ +6.5 pp |
| 2022 | 25.3% | CN¥583.48 Million | CN¥2.30 Billion | CN¥1.26 Billion | CN¥677.58 Million | ▲ +5.6 pp |
| 2021 | 19.7% | CN¥426.45 Million | CN¥2.16 Billion | CN¥946.79 Million | CN¥520.34 Million | ▼ -7.6 pp |
| 2020 | 27.4% | CN¥563.33 Million | CN¥2.06 Billion | CN¥915.82 Million | CN¥352.49 Million | ▲ +7.4 pp |
| 2019 | 19.9% | CN¥552.68 Million | CN¥2.77 Billion | CN¥920.42 Million | CN¥367.74 Million | ▲ +1.9 pp |
| 2018 | 18.1% | CN¥484.50 Million | CN¥2.68 Billion | CN¥892.04 Million | CN¥407.54 Million | ▲ +5.8 pp |
| 2017 | 12.3% | CN¥313.57 Million | CN¥2.55 Billion | CN¥776.22 Million | CN¥462.65 Million | ▼ -46.6 pp |
| 2016 | 58.9% | CN¥237.23 Million | CN¥403.06 Million | CN¥317.47 Million | CN¥80.24 Million | ▼ -20.0 pp |
| 2015 | 78.8% | CN¥302.50 Million | CN¥383.70 Million | CN¥350.15 Million | CN¥47.65 Million | — |