Xinjiang Ba Yi Iron & Steel Co Ltd (600581) — Working Capital to Net Assets Ratio
Xinjiang Ba Yi Iron & Steel Co Ltd (600581) has a Working Capital to Net Assets ratio of 3991.7% as of September 2025. Working capital of CN¥-16.44 Billion (current assets of CN¥5.60 Billion minus current liabilities of CN¥22.04 Billion) is measured against net assets of CN¥-411.95 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see 600581 total assets.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Xinjiang Ba Yi Iron & Steel Co Ltd Working Capital to Net Assets (2000–2024)
This chart shows how Xinjiang Ba Yi Iron & Steel Co Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 3991.7%, reflecting working capital of CN¥-16.44 Billion against net assets of CN¥-411.95 Million CNY. Explore 600581 capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Xinjiang Ba Yi Iron & Steel Co Ltd (2000–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Xinjiang Ba Yi Iron & Steel Co Ltd from 2000 to 2024, covering 25 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. Read how much debt does Xinjiang Ba Yi Iron & Steel Co Ltd carry for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -13790.6% | CN¥-17.26 Billion | CN¥125.19 Million | CN¥5.99 Billion | CN¥23.25 Billion | ▼ -12959.2 pp |
| 2023 | -831.4% | CN¥-15.34 Billion | CN¥1.85 Billion | CN¥6.29 Billion | CN¥21.63 Billion | ▼ -337.8 pp |
| 2022 | -493.6% | CN¥-14.74 Billion | CN¥2.99 Billion | CN¥7.45 Billion | CN¥22.19 Billion | ▼ -191.6 pp |
| 2021 | -302.0% | CN¥-13.27 Billion | CN¥4.39 Billion | CN¥9.35 Billion | CN¥22.62 Billion | ▼ -101.2 pp |
| 2020 | -200.7% | CN¥-9.04 Billion | CN¥4.51 Billion | CN¥8.40 Billion | CN¥17.44 Billion | ▲ +41.5 pp |
| 2019 | -242.3% | CN¥-10.05 Billion | CN¥4.15 Billion | CN¥5.29 Billion | CN¥15.34 Billion | ▲ +15.5 pp |
| 2018 | -257.8% | CN¥-10.42 Billion | CN¥4.04 Billion | CN¥4.85 Billion | CN¥15.27 Billion | ▲ +80.0 pp |
| 2017 | -337.8% | CN¥-11.28 Billion | CN¥3.34 Billion | CN¥3.53 Billion | CN¥14.81 Billion | ▼ -147.7 pp |
| 2016 | -190.1% | CN¥-4.18 Billion | CN¥2.20 Billion | CN¥4.64 Billion | CN¥8.81 Billion | ▼ -1865.3 pp |
| 2015 | 1675.2% | CN¥-15.17 Billion | CN¥-905.45 Million | CN¥2.47 Billion | CN¥17.64 Billion | ▲ +2442.0 pp |
| 2014 | -766.7% | CN¥-12.27 Billion | CN¥1.60 Billion | CN¥5.38 Billion | CN¥17.65 Billion | ▼ -501.1 pp |
| 2013 | -265.6% | CN¥-9.68 Billion | CN¥3.65 Billion | CN¥6.22 Billion | CN¥15.90 Billion | ▼ -178.6 pp |
| 2012 | -87.1% | CN¥-3.19 Billion | CN¥3.67 Billion | CN¥6.10 Billion | CN¥9.29 Billion | ▼ -29.8 pp |
| 2011 | -57.2% | CN¥-2.10 Billion | CN¥3.67 Billion | CN¥4.78 Billion | CN¥6.87 Billion | ▲ +40.0 pp |
| 2010 | -97.3% | CN¥-3.29 Billion | CN¥3.38 Billion | CN¥4.67 Billion | CN¥7.96 Billion | ▲ +5.3 pp |
| 2009 | -102.5% | CN¥-2.97 Billion | CN¥2.89 Billion | CN¥4.97 Billion | CN¥7.93 Billion | ▼ -26.9 pp |
| 2008 | -75.7% | CN¥-2.13 Billion | CN¥2.82 Billion | CN¥5.22 Billion | CN¥7.35 Billion | ▼ -78.6 pp |
| 2007 | 2.9% | CN¥79.42 Million | CN¥2.75 Billion | CN¥4.95 Billion | CN¥4.87 Billion | ▲ +110.2 pp |
| 2006 | -107.3% | CN¥-2.60 Billion | CN¥2.42 Billion | CN¥2.45 Billion | CN¥5.05 Billion | ▼ -60.6 pp |
| 2005 | -46.8% | CN¥-1.11 Billion | CN¥2.38 Billion | CN¥1.16 Billion | CN¥2.28 Billion | ▼ -35.9 pp |
| 2004 | -10.9% | CN¥-251.46 Million | CN¥2.32 Billion | CN¥1.59 Billion | CN¥1.84 Billion | ▼ -33.6 pp |
| 2003 | 22.8% | CN¥450.16 Million | CN¥1.98 Billion | CN¥1.65 Billion | CN¥1.20 Billion | ▲ +13.6 pp |
| 2002 | 9.2% | CN¥154.29 Million | CN¥1.68 Billion | CN¥1.37 Billion | CN¥1.21 Billion | ▲ +25.0 pp |
| 2001 | -15.8% | CN¥-103.01 Million | CN¥650.63 Million | CN¥909.76 Million | CN¥1.01 Billion | ▲ +47.3 pp |
| 2000 | -63.1% | CN¥-289.20 Million | CN¥458.41 Million | CN¥716.06 Million | CN¥1.01 Billion | — |