Ganzhou Tengyuan Cobalt New Material Co. Ltd. (301219) — Working Capital to Net Assets Ratio
Ganzhou Tengyuan Cobalt New Material Co. Ltd. (301219) has a Working Capital to Net Assets ratio of 60.4% as of June 2025. Working capital of CN¥5.50 Billion (current assets of CN¥8.10 Billion minus current liabilities of CN¥2.61 Billion) is measured against net assets of CN¥9.10 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 301219 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ganzhou Tengyuan Cobalt New Material Co. Ltd. Working Capital to Net Assets (2019–2024)
This chart shows how Ganzhou Tengyuan Cobalt New Material Co. Ltd.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 60.4%, reflecting working capital of CN¥5.50 Billion against net assets of CN¥9.10 Billion CNY. For the complete balance sheet picture, see 301219 total asset value.
Annual Working Capital to Net Assets for Ganzhou Tengyuan Cobalt New Material Co. Ltd. (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ganzhou Tengyuan Cobalt New Material Co. Ltd. from 2019 to 2024, covering 6 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. Read Ganzhou Tengyuan Cobalt New Material Co. (301219) financial obligations for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 61.5% | CN¥5.41 Billion | CN¥8.80 Billion | CN¥7.02 Billion | CN¥1.61 Billion | ▼ -0.5 pp |
| 2023 | 62.0% | CN¥5.28 Billion | CN¥8.52 Billion | CN¥6.39 Billion | CN¥1.11 Billion | ▼ -15.5 pp |
| 2022 | 77.5% | CN¥6.57 Billion | CN¥8.47 Billion | CN¥7.33 Billion | CN¥765.20 Million | ▲ +15.0 pp |
| 2021 | 62.5% | CN¥2.08 Billion | CN¥3.32 Billion | CN¥3.02 Billion | CN¥939.10 Million | ▲ +9.4 pp |
| 2020 | 53.1% | CN¥1.17 Billion | CN¥2.20 Billion | CN¥1.66 Billion | CN¥488.03 Million | ▲ +14.6 pp |
| 2019 | 38.5% | CN¥513.72 Million | CN¥1.33 Billion | CN¥1.13 Billion | CN¥619.64 Million | — |