Xinjiang Sailing Information Technology Co Ltd (300588) — Working Capital to Net Assets Ratio
Xinjiang Sailing Information Technology Co Ltd (300588) has a Working Capital to Net Assets ratio of 52.1% as of June 2025. Working capital of CN¥158.91 Million (current assets of CN¥487.01 Million minus current liabilities of CN¥328.10 Million) is measured against net assets of CN¥305.29 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 300588 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Xinjiang Sailing Information Technology Co Ltd Working Capital to Net Assets (2015–2024)
This chart shows how Xinjiang Sailing Information Technology 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 52.1%, reflecting working capital of CN¥158.91 Million against net assets of CN¥305.29 Million CNY. Check how tangible is Xinjiang Sailing Information Technology 's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Xinjiang Sailing Information Technology Co Ltd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Xinjiang Sailing Information Technology 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 Xinjiang Sailing Information Technology stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 61.4% | CN¥196.62 Million | CN¥320.03 Million | CN¥503.77 Million | CN¥307.15 Million | ▼ -9.9 pp |
| 2023 | 71.4% | CN¥274.44 Million | CN¥384.44 Million | CN¥620.69 Million | CN¥346.25 Million | ▼ -11.1 pp |
| 2022 | 82.4% | CN¥346.36 Million | CN¥420.09 Million | CN¥783.55 Million | CN¥437.19 Million | ▼ -5.4 pp |
| 2021 | 87.9% | CN¥424.14 Million | CN¥482.68 Million | CN¥908.23 Million | CN¥484.09 Million | ▲ +33.4 pp |
| 2020 | 54.5% | CN¥153.11 Million | CN¥281.02 Million | CN¥778.48 Million | CN¥625.37 Million | ▼ -8.4 pp |
| 2019 | 62.8% | CN¥262.65 Million | CN¥417.95 Million | CN¥775.74 Million | CN¥513.09 Million | ▲ +6.5 pp |
| 2018 | 56.3% | CN¥222.04 Million | CN¥394.38 Million | CN¥899.46 Million | CN¥677.42 Million | ▼ -2.8 pp |
| 2017 | 59.1% | CN¥224.89 Million | CN¥380.25 Million | CN¥850.72 Million | CN¥625.82 Million | ▼ -29.6 pp |
| 2016 | 88.8% | CN¥270.46 Million | CN¥304.69 Million | CN¥641.56 Million | CN¥371.10 Million | ▲ +7.6 pp |
| 2015 | 81.2% | CN¥139.80 Million | CN¥172.21 Million | CN¥456.93 Million | CN¥317.13 Million | — |