China Northern Rare Earth Group High-Tech Co Ltd (600111) — Working Capital to Net Assets Ratio
China Northern Rare Earth Group High-Tech Co Ltd (600111) has a Working Capital to Net Assets ratio of 69.7% as of September 2025. Working capital of CN¥21.02 Billion (current assets of CN¥33.22 Billion minus current liabilities of CN¥12.20 Billion) is measured against net assets of CN¥30.15 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See China Northern Rare Earth Group High-Tec balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China Northern Rare Earth Group High-Tech Co Ltd Working Capital to Net Assets (1994–2024)
This chart shows how China Northern Rare Earth Group High-Tech Co Ltd's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 69.7%, reflecting working capital of CN¥21.02 Billion against net assets of CN¥30.15 Billion CNY. Check China Northern Rare Earth Group High-Tec tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for China Northern Rare Earth Group High-Tech Co Ltd (1994–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for China Northern Rare Earth Group High-Tech Co Ltd from 1994 to 2024, covering 31 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 600111 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 73.8% | CN¥20.78 Billion | CN¥28.16 Billion | CN¥31.66 Billion | CN¥10.88 Billion | ▲ +0.6 pp |
| 2023 | 73.3% | CN¥19.71 Billion | CN¥26.90 Billion | CN¥28.96 Billion | CN¥9.25 Billion | ▲ +2.0 pp |
| 2022 | 71.3% | CN¥17.85 Billion | CN¥25.03 Billion | CN¥27.17 Billion | CN¥9.32 Billion | ▼ -15.5 pp |
| 2021 | 86.8% | CN¥16.69 Billion | CN¥19.22 Billion | CN¥26.73 Billion | CN¥10.04 Billion | ▼ -17.7 pp |
| 2020 | 104.5% | CN¥14.42 Billion | CN¥13.79 Billion | CN¥18.50 Billion | CN¥4.08 Billion | ▲ +18.9 pp |
| 2019 | 85.7% | CN¥11.09 Billion | CN¥12.95 Billion | CN¥16.82 Billion | CN¥5.73 Billion | ▼ -3.9 pp |
| 2018 | 89.5% | CN¥11.22 Billion | CN¥12.52 Billion | CN¥17.38 Billion | CN¥6.16 Billion | ▲ +2.3 pp |
| 2017 | 87.3% | CN¥9.35 Billion | CN¥10.71 Billion | CN¥15.41 Billion | CN¥6.07 Billion | ▲ +35.1 pp |
| 2016 | 52.2% | CN¥5.15 Billion | CN¥9.86 Billion | CN¥10.67 Billion | CN¥5.52 Billion | ▲ +2.0 pp |
| 2015 | 50.2% | CN¥5.01 Billion | CN¥9.97 Billion | CN¥9.42 Billion | CN¥4.42 Billion | ▼ -1.8 pp |
| 2014 | 52.0% | CN¥5.31 Billion | CN¥10.21 Billion | CN¥12.58 Billion | CN¥7.28 Billion | ▼ -2.5 pp |
| 2013 | 54.4% | CN¥5.63 Billion | CN¥10.35 Billion | CN¥13.34 Billion | CN¥7.71 Billion | ▲ +8.3 pp |
| 2012 | 46.1% | CN¥4.61 Billion | CN¥10.00 Billion | CN¥11.67 Billion | CN¥7.06 Billion | ▼ -10.8 pp |
| 2011 | 56.9% | CN¥5.20 Billion | CN¥9.14 Billion | CN¥10.17 Billion | CN¥4.97 Billion | ▲ +14.4 pp |
| 2010 | 42.5% | CN¥1.84 Billion | CN¥4.33 Billion | CN¥5.22 Billion | CN¥3.38 Billion | ▲ +7.6 pp |
| 2009 | 34.9% | CN¥892.84 Million | CN¥2.56 Billion | CN¥4.19 Billion | CN¥3.30 Billion | ▲ +18.2 pp |
| 2008 | 16.7% | CN¥377.81 Million | CN¥2.26 Billion | CN¥3.71 Billion | CN¥3.34 Billion | ▼ -7.5 pp |
| 2007 | 24.2% | CN¥463.85 Million | CN¥1.91 Billion | CN¥2.09 Billion | CN¥1.63 Billion | ▲ +8.9 pp |
| 2006 | 15.3% | CN¥220.27 Million | CN¥1.44 Billion | CN¥1.22 Billion | CN¥995.72 Million | ▲ +14.9 pp |
| 2005 | 0.4% | CN¥5.83 Million | CN¥1.31 Billion | CN¥681.30 Million | CN¥675.47 Million | ▲ +2.5 pp |
| 2004 | -2.0% | CN¥-25.85 Million | CN¥1.29 Billion | CN¥693.98 Million | CN¥719.83 Million | ▲ +3.4 pp |
| 2003 | -5.4% | CN¥-67.79 Million | CN¥1.26 Billion | CN¥640.46 Million | CN¥708.25 Million | ▼ -15.0 pp |
| 2002 | 9.6% | CN¥111.15 Million | CN¥1.16 Billion | CN¥354.63 Million | CN¥243.48 Million | ▼ -34.6 pp |
| 2001 | 44.2% | CN¥483.46 Million | CN¥1.09 Billion | CN¥682.55 Million | CN¥199.10 Million | ▼ -5.5 pp |
| 2000 | 49.6% | CN¥534.38 Million | CN¥1.08 Billion | CN¥681.17 Million | CN¥146.79 Million | ▲ +14.0 pp |
| 1999 | 35.6% | CN¥236.63 Million | CN¥663.96 Million | CN¥346.08 Million | CN¥109.45 Million | ▼ -7.1 pp |
| 1998 | 42.7% | CN¥259.22 Million | CN¥606.85 Million | CN¥361.59 Million | CN¥102.37 Million | ▼ -15.6 pp |
| 1997 | 58.3% | CN¥345.38 Million | CN¥592.08 Million | CN¥407.82 Million | CN¥62.45 Million | ▲ +219.4 pp |
| 1996 | -161.1% | CN¥-137.25 Million | CN¥85.22 Million | CN¥52.34 Million | CN¥189.60 Million | ▲ +42.2 pp |
| 1995 | -203.2% | CN¥-107.68 Million | CN¥52.98 Million | CN¥52.41 Million | CN¥160.09 Million | ▼ -9.6 pp |
| 1994 | -193.6% | CN¥-84.16 Million | CN¥43.47 Million | CN¥44.84 Million | CN¥129.00 Million | — |