Poly Real Estate Group Co Ltd (600048) — Working Capital to Net Assets Ratio
Poly Real Estate Group Co Ltd (600048) has a Working Capital to Net Assets ratio of 130.6% as of September 2025. Working capital of CN¥443.56 Billion (current assets of CN¥1.11 Trillion minus current liabilities of CN¥665.94 Billion) is measured against net assets of CN¥339.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Poly Real Estate Group Co Ltd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Poly Real Estate Group Co Ltd Working Capital to Net Assets (2003–2024)
This chart shows how Poly Real Estate Group Co Ltd's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 130.6%, reflecting working capital of CN¥443.56 Billion against net assets of CN¥339.67 Billion CNY. Check tangible equity quality of Poly Real Estate Group Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Poly Real Estate Group Co Ltd (2003–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Poly Real Estate Group Co Ltd from 2003 to 2024, covering 22 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 market value of Poly Real Estate Group Co Ltd.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 129.8% | CN¥444.47 Billion | CN¥342.53 Billion | CN¥1.17 Trillion | CN¥722.60 Billion | ▼ -5.2 pp |
| 2023 | 134.9% | CN¥454.81 Billion | CN¥337.03 Billion | CN¥1.27 Trillion | CN¥813.73 Billion | ▼ -7.2 pp |
| 2022 | 142.2% | CN¥458.12 Billion | CN¥322.19 Billion | CN¥1.30 Trillion | CN¥842.28 Billion | ▲ +0.7 pp |
| 2021 | 141.5% | CN¥428.52 Billion | CN¥302.91 Billion | CN¥1.25 Trillion | CN¥818.82 Billion | ▼ -2.7 pp |
| 2020 | 144.2% | CN¥384.47 Billion | CN¥266.64 Billion | CN¥1.14 Trillion | CN¥751.76 Billion | ▼ -2.7 pp |
| 2019 | 146.9% | CN¥337.22 Billion | CN¥229.52 Billion | CN¥936.92 Billion | CN¥599.70 Billion | ▼ -25.5 pp |
| 2018 | 172.4% | CN¥321.58 Billion | CN¥186.49 Billion | CN¥766.48 Billion | CN¥444.90 Billion | ▼ -6.5 pp |
| 2017 | 179.0% | CN¥283.21 Billion | CN¥158.24 Billion | CN¥646.16 Billion | CN¥362.95 Billion | ▲ +22.9 pp |
| 2016 | 156.1% | CN¥184.33 Billion | CN¥118.10 Billion | CN¥435.12 Billion | CN¥250.80 Billion | ▼ -11.6 pp |
| 2015 | 167.6% | CN¥162.84 Billion | CN¥97.14 Billion | CN¥384.68 Billion | CN¥221.83 Billion | ▼ -34.6 pp |
| 2014 | 202.2% | CN¥163.54 Billion | CN¥80.87 Billion | CN¥350.86 Billion | CN¥187.31 Billion | ▲ +5.0 pp |
| 2013 | 197.2% | CN¥136.37 Billion | CN¥69.15 Billion | CN¥303.01 Billion | CN¥166.63 Billion | ▲ +9.8 pp |
| 2012 | 187.4% | CN¥102.66 Billion | CN¥54.78 Billion | CN¥243.13 Billion | CN¥140.47 Billion | ▼ -25.1 pp |
| 2011 | 212.5% | CN¥89.41 Billion | CN¥42.06 Billion | CN¥187.99 Billion | CN¥98.59 Billion | ▼ -30.3 pp |
| 2010 | 242.9% | CN¥77.77 Billion | CN¥32.02 Billion | CN¥146.67 Billion | CN¥68.90 Billion | ▲ +56.4 pp |
| 2009 | 186.5% | CN¥50.27 Billion | CN¥26.96 Billion | CN¥88.50 Billion | CN¥38.23 Billion | ▼ -28.5 pp |
| 2008 | 215.0% | CN¥33.70 Billion | CN¥15.67 Billion | CN¥53.21 Billion | CN¥19.51 Billion | ▲ +45.8 pp |
| 2007 | 169.2% | CN¥21.71 Billion | CN¥12.83 Billion | CN¥40.62 Billion | CN¥18.91 Billion | ▼ -16.0 pp |
| 2006 | 185.2% | CN¥7.42 Billion | CN¥4.01 Billion | CN¥16.28 Billion | CN¥8.87 Billion | ▼ -7.3 pp |
| 2005 | 192.5% | CN¥2.32 Billion | CN¥1.20 Billion | CN¥7.91 Billion | CN¥5.60 Billion | ▼ -39.6 pp |
| 2004 | 232.1% | CN¥1.82 Billion | CN¥784.69 Million | CN¥4.19 Billion | CN¥2.37 Billion | ▲ +55.3 pp |
| 2003 | 176.8% | CN¥952.09 Million | CN¥538.58 Million | CN¥1.83 Billion | CN¥877.57 Million | — |