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 Xiangyang BOYA Precision Industrial Equi defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see Xiangyang BOYA Precision Industrial Equi (300971) total assets.
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. Check Xiangyang BOYA Precision Industrial Equi liquidity resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |