Ningbo Tianyi Medical Appliance Co. Ltd. (301097) — Working Capital to Net Assets Ratio
Ningbo Tianyi Medical Appliance Co. Ltd. (301097) has a Working Capital to Net Assets ratio of 22.8% as of June 2026. Working capital of CN¥231.71 Million (current assets of CN¥929.40 Million minus current liabilities of CN¥697.69 Million) is measured against net assets of CN¥1.02 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Ningbo Tianyi Medical Appliance Co. Ltd. to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ningbo Tianyi Medical Appliance Co. Ltd. Working Capital to Net Assets (2019–2025)
This chart shows how Ningbo Tianyi Medical Appliance Co. Ltd.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at 22.8%, reflecting working capital of CN¥231.71 Million against net assets of CN¥1.02 Billion CNY. For the complete balance sheet picture, see balance sheet size of Ningbo Tianyi Medical Appliance Co. Ltd..
Annual Working Capital to Net Assets for Ningbo Tianyi Medical Appliance Co. Ltd. (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningbo Tianyi Medical Appliance 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 Ningbo Tianyi Medical Appliance Co. Ltd. (301097) liquid assets 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 | 31.7% | CN¥363.93 Million | CN¥1.15 Billion | CN¥928.95 Million | CN¥565.03 Million | ▼ -15.3 pp |
| 2024 | 47.0% | CN¥560.56 Million | CN¥1.19 Billion | CN¥922.88 Million | CN¥362.32 Million | ▼ -13.6 pp |
| 2023 | 60.6% | CN¥778.37 Million | CN¥1.28 Billion | CN¥1.09 Billion | CN¥309.05 Million | ▼ -7.1 pp |
| 2022 | 67.7% | CN¥836.43 Million | CN¥1.24 Billion | CN¥1.18 Billion | CN¥340.81 Million | ▲ +44.2 pp |
| 2021 | 23.5% | CN¥110.49 Million | CN¥469.44 Million | CN¥443.97 Million | CN¥333.48 Million | ▲ +6.4 pp |
| 2020 | 17.1% | CN¥67.06 Million | CN¥391.15 Million | CN¥345.40 Million | CN¥278.34 Million | ▲ +8.1 pp |
| 2019 | 9.0% | CN¥27.50 Million | CN¥304.00 Million | CN¥208.09 Million | CN¥180.59 Million | — |