Guangdong South New Media Co Ltd (300770) — Working Capital to Net Assets Ratio
Guangdong South New Media Co Ltd (300770) has a Working Capital to Net Assets ratio of 57.4% as of September 2025. Working capital of CN¥2.24 Billion (current assets of CN¥3.39 Billion minus current liabilities of CN¥1.15 Billion) is measured against net assets of CN¥3.91 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Guangdong South New Media Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Guangdong South New Media Co Ltd Working Capital to Net Assets (2014–2024)
This chart shows how Guangdong South New Media Co Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 57.4%, reflecting working capital of CN¥2.24 Billion against net assets of CN¥3.91 Billion CNY. For the complete balance sheet picture, see 300770 total assets.
Annual Working Capital to Net Assets for Guangdong South New Media Co Ltd (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guangdong South New Media Co Ltd from 2014 to 2024, covering 11 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. Check financial resilience of Guangdong South New Media Co Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 73.5% | CN¥2.66 Billion | CN¥3.62 Billion | CN¥3.55 Billion | CN¥888.79 Million | ▼ -15.5 pp |
| 2023 | 89.0% | CN¥3.28 Billion | CN¥3.69 Billion | CN¥4.19 Billion | CN¥908.10 Million | ▲ +1.2 pp |
| 2022 | 87.8% | CN¥3.05 Billion | CN¥3.48 Billion | CN¥3.93 Billion | CN¥875.17 Million | ▲ +3.3 pp |
| 2021 | 84.5% | CN¥2.58 Billion | CN¥3.06 Billion | CN¥3.23 Billion | CN¥652.28 Million | ▲ +1.7 pp |
| 2020 | 82.8% | CN¥2.19 Billion | CN¥2.65 Billion | CN¥2.79 Billion | CN¥601.74 Million | ▲ +6.0 pp |
| 2019 | 76.8% | CN¥1.68 Billion | CN¥2.18 Billion | CN¥2.18 Billion | CN¥506.18 Million | ▲ +5.6 pp |
| 2018 | 71.2% | CN¥507.30 Million | CN¥712.78 Million | CN¥821.83 Million | CN¥314.53 Million | ▼ -1.1 pp |
| 2017 | 72.3% | CN¥404.70 Million | CN¥560.03 Million | CN¥631.32 Million | CN¥226.62 Million | ▲ +0.1 pp |
| 2016 | 72.2% | CN¥325.42 Million | CN¥451.04 Million | CN¥448.73 Million | CN¥123.31 Million | ▼ -1.3 pp |
| 2015 | 73.5% | CN¥174.20 Million | CN¥237.07 Million | CN¥272.45 Million | CN¥98.26 Million | ▼ -4.2 pp |
| 2014 | 77.7% | CN¥155.10 Million | CN¥199.69 Million | CN¥224.95 Million | CN¥69.85 Million | — |