Guangdong Kingshine Electronic Tech Working Capital to Net Assets Ratio
Guangdong Kingshine Electronic Tech working capital to net assets ratio. Guangdong Kingshine Electronic Tech (300903) has a Working Capital to Net Assets ratio of -47.4% as of March 2026. Working capital of CN¥-870.47 Million (current assets of CN¥3.65 Billion minus current liabilities of CN¥4.52 Billion) is measured against net assets of CN¥1.84 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Guangdong Kingshine Electronic Tech (2016–2025)
Working capital to net assets ratio of Guangdong Kingshine Electronic Tech from 2016 to 2025. This chart shows how Guangdong Kingshine Electronic Tech'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 -47.4%, reflecting working capital of CN¥-870.47 Million against net assets of CN¥1.84 Billion CNY. See Guangdong Kingshine Electronic Tech defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Guangdong Kingshine Electronic Tech Working Capital to Net Assets Ratio by Year (2016–2025)
Guangdong Kingshine Electronic Tech working capital to net assets ratio by year from 2016 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Guangdong Kingshine Electronic Tech 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 the complete balance sheet picture, see Guangdong Kingshine Electronic Tech balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -72.3% | CN¥-1.17 Billion | CN¥1.61 Billion | CN¥3.23 Billion | CN¥4.40 Billion | ▼ -18.1 pp |
| 2024 | -54.2% | CN¥-1.01 Billion | CN¥1.87 Billion | CN¥3.77 Billion | CN¥4.79 Billion | ▼ -31.0 pp |
| 2023 | -23.2% | CN¥-517.35 Million | CN¥2.23 Billion | CN¥3.27 Billion | CN¥3.79 Billion | ▼ -25.4 pp |
| 2022 | 2.2% | CN¥53.33 Million | CN¥2.38 Billion | CN¥3.45 Billion | CN¥3.40 Billion | ▲ +20.7 pp |
| 2021 | -18.5% | CN¥-222.71 Million | CN¥1.21 Billion | CN¥2.05 Billion | CN¥2.27 Billion | ▼ -80.7 pp |
| 2020 | 62.3% | CN¥714.03 Million | CN¥1.15 Billion | CN¥1.80 Billion | CN¥1.08 Billion | ▲ +32.2 pp |
| 2019 | 30.0% | CN¥162.34 Million | CN¥540.33 Million | CN¥992.09 Million | CN¥829.75 Million | ▲ +14.2 pp |
| 2018 | 15.9% | CN¥72.91 Million | CN¥459.63 Million | CN¥804.62 Million | CN¥731.71 Million | ▲ +9.2 pp |
| 2017 | 6.7% | CN¥25.45 Million | CN¥380.92 Million | CN¥847.86 Million | CN¥822.42 Million | ▲ +439.8 pp |
| 2016 | -433.1% | CN¥-279.87 Million | CN¥64.62 Million | CN¥612.58 Million | CN¥892.45 Million | — |