Ningbo Joy Intelligent Logistics Technology Co.Ltd. (301198) — Working Capital to Net Assets Ratio
Ningbo Joy Intelligent Logistics Technology Co.Ltd. (301198) has a Working Capital to Net Assets ratio of 28.4% as of March 2026. Working capital of CN¥256.88 Million (current assets of CN¥449.65 Million minus current liabilities of CN¥192.77 Million) is measured against net assets of CN¥905.06 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Ningbo Joy Intelligent Logistics Technol to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ningbo Joy Intelligent Logistics Technology Co.Ltd. Working Capital to Net Assets (2017–2025)
This chart shows how Ningbo Joy Intelligent Logistics Technology Co.Ltd.'s Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 28.4%, reflecting working capital of CN¥256.88 Million against net assets of CN¥905.06 Million CNY. For the complete balance sheet picture, see balance sheet size of Ningbo Joy Intelligent Logistics Technol.
Annual Working Capital to Net Assets for Ningbo Joy Intelligent Logistics Technology Co.Ltd. (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningbo Joy Intelligent Logistics Technology Co.Ltd. from 2017 to 2025, covering 9 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 Joy Intelligent Logistics Technol 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 | 28.1% | CN¥254.01 Million | CN¥905.18 Million | CN¥542.10 Million | CN¥288.09 Million | ▼ -4.7 pp |
| 2024 | 32.8% | CN¥301.06 Million | CN¥918.85 Million | CN¥695.76 Million | CN¥394.70 Million | ▼ -14.2 pp |
| 2023 | 47.0% | CN¥448.59 Million | CN¥954.28 Million | CN¥782.32 Million | CN¥333.73 Million | ▼ -16.1 pp |
| 2022 | 63.1% | CN¥597.15 Million | CN¥945.78 Million | CN¥769.81 Million | CN¥172.66 Million | ▼ -11.6 pp |
| 2021 | 74.7% | CN¥676.12 Million | CN¥904.68 Million | CN¥780.39 Million | CN¥104.27 Million | ▲ +29.0 pp |
| 2020 | 45.7% | CN¥164.80 Million | CN¥360.39 Million | CN¥238.71 Million | CN¥73.91 Million | ▼ -2.3 pp |
| 2019 | 48.0% | CN¥144.82 Million | CN¥301.57 Million | CN¥212.48 Million | CN¥67.66 Million | ▼ -1.3 pp |
| 2018 | 49.3% | CN¥138.11 Million | CN¥279.87 Million | CN¥277.07 Million | CN¥138.96 Million | ▲ +6.3 pp |
| 2017 | 43.1% | CN¥55.23 Million | CN¥128.15 Million | CN¥180.72 Million | CN¥125.49 Million | — |