Western Regions Tourism Development (300859) — Working Capital to Net Assets Ratio
Western Regions Tourism Development (300859) has a Working Capital to Net Assets ratio of 23.0% as of March 2026. Working capital of CN¥177.34 Million (current assets of CN¥272.33 Million minus current liabilities of CN¥94.99 Million) is measured against net assets of CN¥771.86 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 300859 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
Western Regions Tourism Development Working Capital to Net Assets (2016–2025)
This chart shows how Western Regions Tourism Development's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 23.0%, reflecting working capital of CN¥177.34 Million against net assets of CN¥771.86 Million CNY. See Western Regions Tourism Development (300859) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Western Regions Tourism Development (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Western Regions Tourism Development from 2016 to 2025, 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 market value of Western Regions Tourism Development.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 22.2% | CN¥177.66 Million | CN¥800.24 Million | CN¥333.22 Million | CN¥155.56 Million | ▼ -2.3 pp |
| 2024 | 24.5% | CN¥190.00 Million | CN¥776.89 Million | CN¥311.71 Million | CN¥121.71 Million | ▼ -15.4 pp |
| 2023 | 39.8% | CN¥290.49 Million | CN¥729.27 Million | CN¥323.35 Million | CN¥32.86 Million | ▲ +8.8 pp |
| 2022 | 31.0% | CN¥190.21 Million | CN¥613.26 Million | CN¥243.15 Million | CN¥52.94 Million | ▼ -6.6 pp |
| 2021 | 37.6% | CN¥239.10 Million | CN¥636.41 Million | CN¥267.74 Million | CN¥28.64 Million | ▲ +2.0 pp |
| 2020 | 35.6% | CN¥216.96 Million | CN¥609.41 Million | CN¥262.09 Million | CN¥45.13 Million | ▲ +25.3 pp |
| 2019 | 10.3% | CN¥43.09 Million | CN¥416.35 Million | CN¥98.80 Million | CN¥55.71 Million | ▲ +0.5 pp |
| 2018 | 9.9% | CN¥36.71 Million | CN¥371.84 Million | CN¥91.62 Million | CN¥54.91 Million | ▲ +7.2 pp |
| 2017 | 2.7% | CN¥9.00 Million | CN¥332.08 Million | CN¥71.77 Million | CN¥62.77 Million | ▲ +23.9 pp |
| 2016 | -21.2% | CN¥-63.23 Million | CN¥298.09 Million | CN¥163.77 Million | CN¥227.00 Million | — |