Guangdong Modern High Tech Fiber Co (300876) — Working Capital to Net Assets Ratio
Guangdong Modern High Tech Fiber Co (300876) has a Working Capital to Net Assets ratio of 4.7% as of September 2025. Working capital of CN¥43.22 Million (current assets of CN¥340.53 Million minus current liabilities of CN¥297.31 Million) is measured against net assets of CN¥914.96 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 300876 financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Guangdong Modern High Tech Fiber Co Working Capital to Net Assets (2016–2024)
This chart shows how Guangdong Modern High Tech Fiber Co's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 4.7%, reflecting working capital of CN¥43.22 Million against net assets of CN¥914.96 Million CNY. See defensive interval ratio of Guangdong Modern High Tech Fiber Co to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Guangdong Modern High Tech Fiber Co (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guangdong Modern High Tech Fiber Co from 2016 to 2024, covering 9 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 Guangdong Modern High Tech Fiber Co market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -5.8% | CN¥-50.77 Million | CN¥878.78 Million | CN¥424.27 Million | CN¥475.05 Million | ▼ -39.4 pp |
| 2023 | 33.7% | CN¥326.13 Million | CN¥969.10 Million | CN¥501.26 Million | CN¥175.13 Million | ▼ -37.6 pp |
| 2022 | 71.3% | CN¥634.62 Million | CN¥890.33 Million | CN¥711.96 Million | CN¥77.34 Million | ▲ +1.2 pp |
| 2021 | 70.0% | CN¥566.03 Million | CN¥808.12 Million | CN¥674.57 Million | CN¥108.54 Million | ▼ -12.4 pp |
| 2020 | 82.4% | CN¥624.91 Million | CN¥758.14 Million | CN¥647.85 Million | CN¥22.94 Million | ▲ +29.2 pp |
| 2019 | 53.2% | CN¥131.11 Million | CN¥246.31 Million | CN¥204.05 Million | CN¥72.94 Million | ▼ -11.0 pp |
| 2018 | 64.2% | CN¥137.16 Million | CN¥213.51 Million | CN¥157.94 Million | CN¥20.78 Million | ▲ +8.7 pp |
| 2017 | 55.5% | CN¥85.95 Million | CN¥154.76 Million | CN¥128.63 Million | CN¥42.68 Million | ▼ -3.6 pp |
| 2016 | 59.1% | CN¥45.89 Million | CN¥77.58 Million | CN¥117.41 Million | CN¥71.52 Million | — |