SAIC Motor Corp Ltd (600104) — Working Capital to Net Assets Ratio
SAIC Motor Corp Ltd (600104) has a Working Capital to Net Assets ratio of 29.3% as of March 2026. Working capital of CN¥106.72 Billion (current assets of CN¥598.50 Billion minus current liabilities of CN¥491.78 Billion) is measured against net assets of CN¥364.84 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SAIC Motor Corp Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SAIC Motor Corp Ltd Working Capital to Net Assets (1994–2025)
This chart shows how SAIC Motor Corp Ltd's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 29.3%, reflecting working capital of CN¥106.72 Billion against net assets of CN¥364.84 Billion CNY. Check 600104 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for SAIC Motor Corp Ltd (1994–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for SAIC Motor Corp Ltd from 1994 to 2025, covering 32 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 600104 company net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 28.4% | CN¥102.49 Billion | CN¥361.31 Billion | CN¥622.95 Billion | CN¥520.47 Billion | ▲ +2.3 pp |
| 2024 | 26.0% | CN¥90.21 Billion | CN¥346.73 Billion | CN¥602.14 Billion | CN¥511.93 Billion | ▲ +5.0 pp |
| 2023 | 21.0% | CN¥72.17 Billion | CN¥342.91 Billion | CN¥619.61 Billion | CN¥547.44 Billion | ▲ +9.7 pp |
| 2022 | 11.4% | CN¥38.19 Billion | CN¥336.30 Billion | CN¥582.17 Billion | CN¥543.97 Billion | ▼ -8.3 pp |
| 2021 | 19.6% | CN¥64.53 Billion | CN¥328.77 Billion | CN¥545.01 Billion | CN¥480.48 Billion | ▲ +1.8 pp |
| 2020 | 17.8% | CN¥55.29 Billion | CN¥310.04 Billion | CN¥566.17 Billion | CN¥510.88 Billion | ▲ +1.8 pp |
| 2019 | 16.1% | CN¥48.35 Billion | CN¥300.84 Billion | CN¥511.16 Billion | CN¥462.80 Billion | ▲ +2.4 pp |
| 2018 | 13.7% | CN¥39.05 Billion | CN¥284.72 Billion | CN¥453.38 Billion | CN¥414.32 Billion | ▲ +14.1 pp |
| 2017 | -0.4% | CN¥-1.02 Billion | CN¥272.11 Billion | CN¥389.95 Billion | CN¥390.97 Billion | ▼ -14.6 pp |
| 2016 | 14.2% | CN¥33.46 Billion | CN¥235.10 Billion | CN¥330.95 Billion | CN¥297.48 Billion | ▲ +8.4 pp |
| 2015 | 5.8% | CN¥12.26 Billion | CN¥210.92 Billion | CN¥269.93 Billion | CN¥257.67 Billion | ▼ -14.2 pp |
| 2014 | 20.1% | CN¥37.11 Billion | CN¥185.00 Billion | CN¥237.04 Billion | CN¥199.93 Billion | ▼ -8.3 pp |
| 2013 | 28.3% | CN¥45.84 Billion | CN¥161.73 Billion | CN¥232.18 Billion | CN¥186.34 Billion | ▲ +5.7 pp |
| 2012 | 22.6% | CN¥32.80 Billion | CN¥145.01 Billion | CN¥189.15 Billion | CN¥156.35 Billion | ▲ +1.0 pp |
| 2011 | 21.6% | CN¥28.72 Billion | CN¥133.12 Billion | CN¥191.23 Billion | CN¥162.51 Billion | ▲ +5.3 pp |
| 2010 | 16.2% | CN¥13.28 Billion | CN¥81.75 Billion | CN¥145.54 Billion | CN¥132.27 Billion | ▲ +27.5 pp |
| 2009 | -11.3% | CN¥-5.27 Billion | CN¥46.76 Billion | CN¥74.49 Billion | CN¥79.76 Billion | ▼ -13.5 pp |
| 2008 | 2.2% | CN¥851.21 Million | CN¥38.54 Billion | CN¥55.97 Billion | CN¥55.12 Billion | ▼ -11.5 pp |
| 2007 | 13.7% | CN¥5.88 Billion | CN¥43.01 Billion | CN¥54.57 Billion | CN¥48.69 Billion | ▼ -2.2 pp |
| 2006 | 15.9% | CN¥5.89 Billion | CN¥37.00 Billion | CN¥49.87 Billion | CN¥43.98 Billion | ▼ -16.9 pp |
| 2005 | 32.8% | CN¥3.85 Billion | CN¥11.73 Billion | CN¥6.51 Billion | CN¥2.66 Billion | ▲ +2.3 pp |
| 2004 | 30.5% | CN¥3.50 Billion | CN¥11.47 Billion | CN¥5.94 Billion | CN¥2.44 Billion | ▲ +5.1 pp |
| 2003 | 25.4% | CN¥2.50 Billion | CN¥9.86 Billion | CN¥4.56 Billion | CN¥2.05 Billion | ▲ +0.6 pp |
| 2002 | 24.8% | CN¥2.05 Billion | CN¥8.29 Billion | CN¥4.31 Billion | CN¥2.25 Billion | ▼ -8.4 pp |
| 2001 | 33.2% | CN¥2.70 Billion | CN¥8.14 Billion | CN¥4.33 Billion | CN¥1.63 Billion | ▲ +23.3 pp |
| 2000 | 9.9% | CN¥475.52 Million | CN¥4.81 Billion | CN¥2.16 Billion | CN¥1.68 Billion | ▼ -5.7 pp |
| 1999 | 15.6% | CN¥636.34 Million | CN¥4.08 Billion | CN¥2.52 Billion | CN¥1.88 Billion | ▼ -4.2 pp |
| 1998 | 19.8% | CN¥797.36 Million | CN¥4.02 Billion | CN¥1.60 Billion | CN¥798.27 Million | ▼ -30.9 pp |
| 1997 | 50.8% | CN¥1.68 Billion | CN¥3.31 Billion | CN¥2.40 Billion | CN¥720.85 Million | ▲ +77.4 pp |
| 1996 | -26.7% | CN¥-188.12 Million | CN¥705.03 Million | CN¥680.00 Million | CN¥868.12 Million | ▲ +23.4 pp |
| 1995 | -50.1% | CN¥-309.94 Million | CN¥618.94 Million | CN¥554.72 Million | CN¥864.66 Million | ▼ -19.0 pp |
| 1994 | -31.1% | CN¥-172.76 Million | CN¥555.68 Million | CN¥519.79 Million | CN¥692.55 Million | — |