Qingdao Greensum Ecology Co. Ltd. (300948) — Working Capital to Net Assets Ratio
Qingdao Greensum Ecology Co. Ltd. (300948) has a Working Capital to Net Assets ratio of 87.8% as of March 2026. Working capital of CN¥853.82 Million (current assets of CN¥1.22 Billion minus current liabilities of CN¥362.12 Million) is measured against net assets of CN¥972.44 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Qingdao Greensum Ecology Co. Ltd. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Qingdao Greensum Ecology Co. Ltd. Working Capital to Net Assets (2019–2025)
This chart shows how Qingdao Greensum Ecology Co. Ltd.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 87.8%, reflecting working capital of CN¥853.82 Million against net assets of CN¥972.44 Million CNY. For the complete balance sheet picture, see how large is Qingdao Greensum Ecology Co. Ltd.'s balance sheet.
Annual Working Capital to Net Assets for Qingdao Greensum Ecology Co. Ltd. (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Qingdao Greensum Ecology Co. Ltd. from 2019 to 2025, covering 7 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. Check 300948 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 89.4% | CN¥852.57 Million | CN¥954.03 Million | CN¥1.26 Billion | CN¥412.13 Million | ▼ -26.8 pp |
| 2024 | 116.2% | CN¥938.52 Million | CN¥807.98 Million | CN¥1.38 Billion | CN¥438.36 Million | ▲ +1.7 pp |
| 2023 | 114.4% | CN¥1.04 Billion | CN¥905.46 Million | CN¥1.56 Billion | CN¥523.43 Million | ▲ +40.1 pp |
| 2022 | 74.4% | CN¥625.80 Million | CN¥841.46 Million | CN¥1.10 Billion | CN¥477.27 Million | ▼ -0.8 pp |
| 2021 | 75.1% | CN¥597.77 Million | CN¥795.49 Million | CN¥895.42 Million | CN¥297.65 Million | ▲ +4.5 pp |
| 2020 | 70.6% | CN¥329.97 Million | CN¥467.09 Million | CN¥564.54 Million | CN¥234.57 Million | ▼ -6.7 pp |
| 2019 | 77.3% | CN¥311.08 Million | CN¥402.37 Million | CN¥572.92 Million | CN¥261.84 Million | — |