Sinomach General Machinery Science Technology Co Ltd (600444) — Working Capital to Net Assets Ratio
Sinomach General Machinery Science Technology Co Ltd (600444) has a Working Capital to Net Assets ratio of 89.1% as of September 2025. Working capital of CN¥649.17 Million (current assets of CN¥1.40 Billion minus current liabilities of CN¥750.14 Million) is measured against net assets of CN¥728.32 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sinomach General Machinery Science Techn (600444) 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
Sinomach General Machinery Science Technology Co Ltd Working Capital to Net Assets (2001–2024)
This chart shows how Sinomach General Machinery Science Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 89.1%, reflecting working capital of CN¥649.17 Million against net assets of CN¥728.32 Million CNY. See 600444 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sinomach General Machinery Science Technology Co Ltd (2001–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sinomach General Machinery Science Technology Co Ltd from 2001 to 2024, covering 24 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 Sinomach General Machinery Science Techn market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 88.3% | CN¥625.87 Million | CN¥708.51 Million | CN¥1.25 Billion | CN¥621.19 Million | ▲ +2.7 pp |
| 2023 | 85.7% | CN¥584.22 Million | CN¥682.10 Million | CN¥1.15 Billion | CN¥565.16 Million | ▲ +14.7 pp |
| 2022 | 70.9% | CN¥468.13 Million | CN¥660.19 Million | CN¥932.26 Million | CN¥464.13 Million | ▼ -11.3 pp |
| 2021 | 82.2% | CN¥524.31 Million | CN¥637.75 Million | CN¥1.09 Billion | CN¥562.97 Million | ▼ 0.0 pp |
| 2020 | 82.2% | CN¥502.81 Million | CN¥611.40 Million | CN¥1.06 Billion | CN¥561.57 Million | ▲ +2.1 pp |
| 2019 | 80.2% | CN¥470.81 Million | CN¥587.30 Million | CN¥796.83 Million | CN¥326.02 Million | ▲ +8.2 pp |
| 2018 | 72.0% | CN¥401.49 Million | CN¥557.76 Million | CN¥676.14 Million | CN¥274.65 Million | ▲ +0.9 pp |
| 2017 | 71.0% | CN¥362.31 Million | CN¥510.01 Million | CN¥666.91 Million | CN¥304.60 Million | ▲ +58.0 pp |
| 2016 | 13.0% | CN¥40.06 Million | CN¥307.98 Million | CN¥605.04 Million | CN¥564.98 Million | ▲ +3.9 pp |
| 2015 | 9.1% | CN¥27.09 Million | CN¥296.53 Million | CN¥587.56 Million | CN¥560.47 Million | ▼ -494.9 pp |
| 2014 | 504.1% | CN¥-252.67 Million | CN¥-50.12 Million | CN¥250.83 Million | CN¥503.49 Million | ▼ -887.9 pp |
| 2013 | 1392.0% | CN¥-252.07 Million | CN¥-18.11 Million | CN¥264.50 Million | CN¥516.57 Million | ▲ +821.3 pp |
| 2012 | 570.7% | CN¥-303.10 Million | CN¥-53.11 Million | CN¥218.15 Million | CN¥521.25 Million | ▼ -12241.9 pp |
| 2011 | 12812.6% | CN¥-282.34 Million | CN¥-2.20 Million | CN¥179.23 Million | CN¥461.58 Million | ▲ +13199.3 pp |
| 2010 | -386.7% | CN¥-307.93 Million | CN¥79.64 Million | CN¥186.98 Million | CN¥494.91 Million | ▼ -4.1 pp |
| 2009 | -382.6% | CN¥-296.59 Million | CN¥77.52 Million | CN¥155.20 Million | CN¥451.79 Million | ▼ -271.0 pp |
| 2008 | -111.6% | CN¥-200.23 Million | CN¥179.47 Million | CN¥121.78 Million | CN¥322.02 Million | ▼ -101.7 pp |
| 2007 | -9.9% | CN¥-32.36 Million | CN¥326.92 Million | CN¥274.16 Million | CN¥306.52 Million | ▼ -1.7 pp |
| 2006 | -8.2% | CN¥-26.08 Million | CN¥317.13 Million | CN¥279.41 Million | CN¥305.49 Million | ▲ +27.4 pp |
| 2005 | -35.6% | CN¥-105.48 Million | CN¥296.31 Million | CN¥330.21 Million | CN¥435.69 Million | ▼ -41.3 pp |
| 2004 | 5.7% | CN¥15.80 Million | CN¥275.65 Million | CN¥303.09 Million | CN¥287.30 Million | ▲ +51.0 pp |
| 2003 | -45.2% | CN¥-40.48 Million | CN¥89.47 Million | CN¥80.83 Million | CN¥121.31 Million | ▼ -40.9 pp |
| 2002 | -4.4% | CN¥-3.07 Million | CN¥70.23 Million | CN¥59.83 Million | CN¥62.91 Million | ▼ -27.2 pp |
| 2001 | 22.8% | CN¥11.59 Million | CN¥50.79 Million | CN¥36.64 Million | CN¥25.05 Million | — |