Shandong Kaisheng New Materials Co.Ltd. Working Capital to Net Assets Ratio
Shandong Kaisheng New Materials Co.Ltd. working capital to net assets ratio. Shandong Kaisheng New Materials Co.Ltd. (301069) has a Working Capital to Net Assets ratio of 61.0% as of March 2026. Working capital of CN¥1.41 Billion (current assets of CN¥1.59 Billion minus current liabilities of CN¥181.49 Million) is measured against net assets of CN¥2.30 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Shandong Kaisheng New Materials Co.Ltd. (301069) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Shandong Kaisheng New Materials Co.Ltd. (2019–2025)
Working capital to net assets ratio of Shandong Kaisheng New Materials Co.Ltd. from 2019 to 2025. This chart shows how Shandong Kaisheng New Materials 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 61.0%, reflecting working capital of CN¥1.41 Billion against net assets of CN¥2.30 Billion CNY. See Shandong Kaisheng New Materials Co.Ltd. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Shandong Kaisheng New Materials Co.Ltd. Working Capital to Net Assets Ratio by Year (2019–2025)
Shandong Kaisheng New Materials Co.Ltd. working capital to net assets ratio by year from 2019 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Shandong Kaisheng New Materials 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. For the complete balance sheet picture, see Shandong Kaisheng New Materials Co.Ltd. (301069) total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 62.2% | CN¥1.33 Billion | CN¥2.14 Billion | CN¥1.51 Billion | CN¥177.66 Million | ▼ -5.7 pp |
| 2024 | 67.9% | CN¥1.11 Billion | CN¥1.64 Billion | CN¥1.35 Billion | CN¥237.50 Million | ▲ +0.6 pp |
| 2023 | 67.3% | CN¥1.12 Billion | CN¥1.67 Billion | CN¥1.45 Billion | CN¥327.19 Million | ▲ +31.8 pp |
| 2022 | 35.5% | CN¥503.81 Million | CN¥1.42 Billion | CN¥744.86 Million | CN¥241.05 Million | ▼ -24.0 pp |
| 2021 | 59.4% | CN¥757.60 Million | CN¥1.28 Billion | CN¥896.52 Million | CN¥138.92 Million | ▲ +2.6 pp |
| 2020 | 56.8% | CN¥453.05 Million | CN¥797.70 Million | CN¥548.76 Million | CN¥95.71 Million | ▼ -4.5 pp |
| 2019 | 61.3% | CN¥447.14 Million | CN¥729.55 Million | CN¥525.66 Million | CN¥78.52 Million | — |