Zhejiang Jinsheng New Materials Co (300849) — Working Capital to Net Assets Ratio
Zhejiang Jinsheng New Materials Co (300849) has a Working Capital to Net Assets ratio of 33.2% as of September 2025. Working capital of CN¥195.52 Million (current assets of CN¥298.97 Million minus current liabilities of CN¥103.45 Million) is measured against net assets of CN¥589.28 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Zhejiang Jinsheng New Materials Co balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhejiang Jinsheng New Materials Co Working Capital to Net Assets (2014–2024)
This chart shows how Zhejiang Jinsheng New Materials Co'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 33.2%, reflecting working capital of CN¥195.52 Million against net assets of CN¥589.28 Million CNY. Check tangible net worth ratio of Zhejiang Jinsheng New Materials Co to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Zhejiang Jinsheng New Materials Co (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Jinsheng New Materials Co 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. For live market cap and the full company profile, see market cap of Zhejiang Jinsheng New Materials Co.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 29.0% | CN¥173.79 Million | CN¥598.75 Million | CN¥297.53 Million | CN¥123.74 Million | ▼ -0.7 pp |
| 2023 | 29.7% | CN¥184.53 Million | CN¥621.40 Million | CN¥393.71 Million | CN¥209.17 Million | ▼ -2.3 pp |
| 2022 | 32.0% | CN¥206.64 Million | CN¥645.28 Million | CN¥353.39 Million | CN¥146.74 Million | ▼ -16.2 pp |
| 2021 | 48.3% | CN¥329.49 Million | CN¥682.79 Million | CN¥421.02 Million | CN¥91.53 Million | ▼ -13.6 pp |
| 2020 | 61.9% | CN¥431.25 Million | CN¥697.20 Million | CN¥472.74 Million | CN¥41.49 Million | ▲ +11.2 pp |
| 2019 | 50.6% | CN¥187.28 Million | CN¥369.86 Million | CN¥232.62 Million | CN¥45.33 Million | ▲ +3.4 pp |
| 2018 | 47.2% | CN¥143.65 Million | CN¥304.22 Million | CN¥195.61 Million | CN¥51.95 Million | ▲ +12.7 pp |
| 2017 | 34.6% | CN¥86.67 Million | CN¥250.71 Million | CN¥161.73 Million | CN¥75.07 Million | ▲ +7.6 pp |
| 2016 | 27.0% | CN¥56.04 Million | CN¥207.83 Million | CN¥139.97 Million | CN¥83.93 Million | ▲ +23.3 pp |
| 2015 | 3.7% | CN¥6.04 Million | CN¥164.70 Million | CN¥276.28 Million | CN¥270.24 Million | ▼ -3.8 pp |
| 2014 | 7.5% | CN¥12.12 Million | CN¥162.67 Million | CN¥254.49 Million | CN¥242.36 Million | — |