Guangzhou Newlife New Material Co. Ltd. A (301323) — Working Capital to Net Assets Ratio
Guangzhou Newlife New Material Co. Ltd. A (301323) has a Working Capital to Net Assets ratio of 67.8% as of March 2026. Working capital of CN¥1.54 Billion (current assets of CN¥1.67 Billion minus current liabilities of CN¥138.81 Million) is measured against net assets of CN¥2.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Guangzhou Newlife New Material Co. Ltd. financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Guangzhou Newlife New Material Co. Ltd. A Working Capital to Net Assets (2021–2025)
This chart shows how Guangzhou Newlife New Material Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 67.8%, reflecting working capital of CN¥1.54 Billion against net assets of CN¥2.27 Billion CNY. See operational self-sufficiency of Guangzhou Newlife New Material Co. Ltd. to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Guangzhou Newlife New Material Co. Ltd. A (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guangzhou Newlife New Material Co. Ltd. A from 2021 to 2025, covering 5 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 live market cap and the full company profile, see 301323 market cap overview.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 66.0% | CN¥1.47 Billion | CN¥2.22 Billion | CN¥1.64 Billion | CN¥177.04 Million | ▲ +14.7 pp |
| 2024 | 51.3% | CN¥1.08 Billion | CN¥2.11 Billion | CN¥1.25 Billion | CN¥164.65 Million | ▲ +15.4 pp |
| 2023 | 35.9% | CN¥724.19 Million | CN¥2.02 Billion | CN¥862.66 Million | CN¥138.47 Million | ▼ -36.3 pp |
| 2022 | 72.3% | CN¥656.23 Million | CN¥908.12 Million | CN¥763.24 Million | CN¥107.02 Million | ▲ +2.6 pp |
| 2021 | 69.6% | CN¥560.00 Million | CN¥804.21 Million | CN¥685.26 Million | CN¥125.26 Million | — |