Xiangyang BOYA Precision Industrial Equipments Co. Ltd (300971) — Working Capital to Net Assets Ratio
Xiangyang BOYA Precision Industrial Equipments Co. Ltd (300971) has a Working Capital to Net Assets ratio of 55.9% as of September 2025. Working capital of CN¥604.90 Million (current assets of CN¥962.74 Million minus current liabilities of CN¥357.84 Million) is measured against net assets of CN¥1.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Xiangyang BOYA Precision Industrial Equi's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Xiangyang BOYA Precision Industrial Equipments Co. Ltd Working Capital to Net Assets (2013–2024)
This chart shows how Xiangyang BOYA Precision Industrial Equipments Co. Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 55.9%, reflecting working capital of CN¥604.90 Million against net assets of CN¥1.08 Billion CNY. Check tangible equity quality of Xiangyang BOYA Precision Industrial Equi to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Xiangyang BOYA Precision Industrial Equipments Co. Ltd (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Xiangyang BOYA Precision Industrial Equipments Co. Ltd from 2013 to 2024, covering 12 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 300971 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 57.0% | CN¥581.87 Million | CN¥1.02 Billion | CN¥828.08 Million | CN¥246.21 Million | ▼ -2.1 pp |
| 2023 | 59.1% | CN¥585.94 Million | CN¥992.11 Million | CN¥849.38 Million | CN¥263.44 Million | ▼ -6.2 pp |
| 2022 | 65.2% | CN¥625.42 Million | CN¥958.59 Million | CN¥885.87 Million | CN¥260.44 Million | ▼ -6.1 pp |
| 2021 | 71.4% | CN¥642.01 Million | CN¥899.63 Million | CN¥851.58 Million | CN¥209.57 Million | ▲ +13.7 pp |
| 2020 | 57.7% | CN¥289.53 Million | CN¥501.75 Million | CN¥482.39 Million | CN¥192.85 Million | ▲ +4.2 pp |
| 2019 | 53.5% | CN¥235.50 Million | CN¥440.07 Million | CN¥420.85 Million | CN¥185.35 Million | ▲ +0.8 pp |
| 2018 | 52.7% | CN¥206.02 Million | CN¥390.95 Million | CN¥339.91 Million | CN¥133.89 Million | ▲ +2.2 pp |
| 2017 | 50.5% | CN¥179.43 Million | CN¥355.48 Million | CN¥296.69 Million | CN¥117.27 Million | ▲ +20.2 pp |
| 2016 | 30.3% | CN¥91.18 Million | CN¥301.21 Million | CN¥235.10 Million | CN¥143.92 Million | ▲ +7.5 pp |
| 2015 | 22.8% | CN¥62.98 Million | CN¥276.21 Million | CN¥261.50 Million | CN¥198.52 Million | ▲ +3.5 pp |
| 2014 | 19.3% | CN¥43.25 Million | CN¥223.55 Million | CN¥314.41 Million | CN¥271.16 Million | ▼ -12.0 pp |
| 2013 | 31.3% | CN¥85.05 Million | CN¥271.70 Million | CN¥320.98 Million | CN¥235.93 Million | — |