Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd (300478) — Working Capital to Net Assets Ratio
Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd (300478) has a Working Capital to Net Assets ratio of -248.6% as of March 2026. Working capital of CN¥-102.03 Million (current assets of CN¥193.48 Million minus current liabilities of CN¥295.50 Million) is measured against net assets of CN¥41.04 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hangzhou Gaoxin Rubber & Plastic Materia financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd Working Capital to Net Assets (2011–2025)
This chart shows how Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at -248.6%, reflecting working capital of CN¥-102.03 Million against net assets of CN¥41.04 Million CNY. See 300478 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd from 2011 to 2025, covering 15 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 Hangzhou Gaoxin Rubber & Plastic Materia market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -185.8% | CN¥-95.96 Million | CN¥51.66 Million | CN¥190.14 Million | CN¥286.10 Million | ▼ -73.7 pp |
| 2024 | -112.0% | CN¥-76.10 Million | CN¥67.94 Million | CN¥184.34 Million | CN¥260.45 Million | ▼ -39.2 pp |
| 2023 | -72.8% | CN¥-67.20 Million | CN¥92.27 Million | CN¥181.77 Million | CN¥248.97 Million | ▲ +71.6 pp |
| 2022 | -144.5% | CN¥-99.13 Million | CN¥68.62 Million | CN¥166.12 Million | CN¥265.25 Million | ▼ -79.9 pp |
| 2021 | -64.6% | CN¥-53.63 Million | CN¥83.06 Million | CN¥213.59 Million | CN¥267.22 Million | ▲ +36.0 pp |
| 2020 | -100.5% | CN¥-64.65 Million | CN¥64.31 Million | CN¥180.12 Million | CN¥244.78 Million | ▼ -118.9 pp |
| 2019 | 18.3% | CN¥52.39 Million | CN¥285.77 Million | CN¥458.92 Million | CN¥406.53 Million | ▼ -33.6 pp |
| 2018 | 52.0% | CN¥305.26 Million | CN¥587.29 Million | CN¥811.75 Million | CN¥506.49 Million | ▲ +10.3 pp |
| 2017 | 41.7% | CN¥234.28 Million | CN¥561.97 Million | CN¥591.56 Million | CN¥357.28 Million | ▼ -19.8 pp |
| 2016 | 61.5% | CN¥316.59 Million | CN¥514.94 Million | CN¥420.15 Million | CN¥103.56 Million | ▼ -5.1 pp |
| 2015 | 66.5% | CN¥325.81 Million | CN¥489.63 Million | CN¥426.74 Million | CN¥100.93 Million | ▲ +18.9 pp |
| 2014 | 47.6% | CN¥115.70 Million | CN¥242.98 Million | CN¥294.04 Million | CN¥178.34 Million | ▼ -13.5 pp |
| 2013 | 61.1% | CN¥124.89 Million | CN¥204.33 Million | CN¥272.96 Million | CN¥148.07 Million | ▼ -2.6 pp |
| 2012 | 63.8% | CN¥105.28 Million | CN¥165.11 Million | CN¥202.49 Million | CN¥97.21 Million | ▲ +3.2 pp |
| 2011 | 60.5% | CN¥76.93 Million | CN¥127.09 Million | CN¥197.08 Million | CN¥120.15 Million | — |