Ningbo Daye Garden Machinery Co Ltd (300879) — Working Capital to Net Assets Ratio
Ningbo Daye Garden Machinery Co Ltd (300879) has a Working Capital to Net Assets ratio of 55.8% as of September 2025. Working capital of CN¥769.82 Million (current assets of CN¥3.11 Billion minus current liabilities of CN¥2.34 Billion) is measured against net assets of CN¥1.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 300879 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
Ningbo Daye Garden Machinery Co Ltd Working Capital to Net Assets (2016–2024)
This chart shows how Ningbo Daye Garden Machinery Co Ltd'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 55.8%, reflecting working capital of CN¥769.82 Million against net assets of CN¥1.38 Billion CNY. See Ningbo Daye Garden Machinery Co Ltd (300879) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ningbo Daye Garden Machinery Co Ltd (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningbo Daye Garden Machinery Co Ltd 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 300879 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 9.9% | CN¥118.44 Million | CN¥1.19 Billion | CN¥1.88 Billion | CN¥1.76 Billion | ▼ -98.2 pp |
| 2023 | 108.1% | CN¥884.75 Million | CN¥818.38 Million | CN¥1.74 Billion | CN¥859.93 Million | ▲ +113.6 pp |
| 2022 | -5.5% | CN¥-52.37 Million | CN¥953.84 Million | CN¥1.43 Billion | CN¥1.48 Billion | ▼ -12.5 pp |
| 2021 | 7.1% | CN¥67.46 Million | CN¥956.51 Million | CN¥1.48 Billion | CN¥1.41 Billion | ▼ -9.7 pp |
| 2020 | 16.8% | CN¥154.00 Million | CN¥919.26 Million | CN¥953.15 Million | CN¥799.14 Million | ▼ -3.1 pp |
| 2019 | 19.8% | CN¥94.93 Million | CN¥478.48 Million | CN¥941.37 Million | CN¥846.43 Million | ▼ -4.3 pp |
| 2018 | 24.2% | CN¥95.90 Million | CN¥397.03 Million | CN¥654.14 Million | CN¥558.24 Million | ▼ -15.4 pp |
| 2017 | 39.6% | CN¥132.40 Million | CN¥334.31 Million | CN¥538.42 Million | CN¥406.02 Million | ▲ +9.7 pp |
| 2016 | 29.9% | CN¥83.54 Million | CN¥279.70 Million | CN¥412.53 Million | CN¥328.99 Million | — |