Ningbo Fuda Co Ltd (600724) — Working Capital to Net Assets Ratio
Ningbo Fuda Co Ltd (600724) has a Working Capital to Net Assets ratio of 21.1% as of June 2025. Working capital of CN¥667.52 Million (current assets of CN¥1.41 Billion minus current liabilities of CN¥744.06 Million) is measured against net assets of CN¥3.16 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Ningbo Fuda Co Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ningbo Fuda Co Ltd Working Capital to Net Assets (2015–2024)
This chart shows how Ningbo Fuda Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2025, the ratio stands at 21.1%, reflecting working capital of CN¥667.52 Million against net assets of CN¥3.16 Billion CNY. For the complete balance sheet picture, see Ningbo Fuda Co Ltd assets under control.
Annual Working Capital to Net Assets for Ningbo Fuda Co Ltd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningbo Fuda Co Ltd from 2015 to 2024, covering 10 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. Check Ningbo Fuda Co Ltd (600724) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 13.0% | CN¥426.33 Million | CN¥3.27 Billion | CN¥1.26 Billion | CN¥828.88 Million | ▼ -27.2 pp |
| 2023 | 40.2% | CN¥1.36 Billion | CN¥3.37 Billion | CN¥2.48 Billion | CN¥1.13 Billion | ▲ +0.9 pp |
| 2022 | 39.3% | CN¥1.35 Billion | CN¥3.44 Billion | CN¥2.12 Billion | CN¥767.57 Million | ▼ -4.4 pp |
| 2021 | 43.7% | CN¥1.57 Billion | CN¥3.60 Billion | CN¥2.19 Billion | CN¥615.17 Million | ▲ +0.1 pp |
| 2020 | 43.6% | CN¥1.52 Billion | CN¥3.48 Billion | CN¥2.19 Billion | CN¥671.18 Million | ▼ -10.4 pp |
| 2019 | 54.0% | CN¥1.84 Billion | CN¥3.41 Billion | CN¥2.82 Billion | CN¥981.96 Million | ▼ -69.6 pp |
| 2018 | 123.6% | CN¥3.60 Billion | CN¥2.91 Billion | CN¥5.76 Billion | CN¥2.15 Billion | ▼ -31.6 pp |
| 2017 | 155.2% | CN¥3.87 Billion | CN¥2.50 Billion | CN¥11.57 Billion | CN¥7.70 Billion | ▲ +25.6 pp |
| 2016 | 129.6% | CN¥4.45 Billion | CN¥3.43 Billion | CN¥12.90 Billion | CN¥8.45 Billion | ▲ +15.4 pp |
| 2015 | 114.2% | CN¥3.65 Billion | CN¥3.20 Billion | CN¥15.22 Billion | CN¥11.56 Billion | — |