CMST Development Co Ltd (600787) — Working Capital to Net Assets Ratio
CMST Development Co Ltd (600787) has a Working Capital to Net Assets ratio of 19.7% as of September 2025. Working capital of CN¥2.94 Billion (current assets of CN¥11.04 Billion minus current liabilities of CN¥8.10 Billion) is measured against net assets of CN¥14.93 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600787 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CMST Development Co Ltd Working Capital to Net Assets (1995–2024)
This chart shows how CMST Development Co Ltd's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1995 to 2024. As of September 2025, the ratio stands at 19.7%, reflecting working capital of CN¥2.94 Billion against net assets of CN¥14.93 Billion CNY. Check CMST Development Co Ltd (600787) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for CMST Development Co Ltd (1995–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for CMST Development Co Ltd from 1995 to 2024, covering 30 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 600787 market cap overview.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 34.5% | CN¥5.11 Billion | CN¥14.82 Billion | CN¥9.88 Billion | CN¥4.77 Billion | ▲ +4.0 pp |
| 2023 | 30.4% | CN¥4.44 Billion | CN¥14.59 Billion | CN¥9.60 Billion | CN¥5.16 Billion | ▲ +7.0 pp |
| 2022 | 23.4% | CN¥3.29 Billion | CN¥14.05 Billion | CN¥10.73 Billion | CN¥7.44 Billion | ▼ -1.3 pp |
| 2021 | 24.7% | CN¥3.27 Billion | CN¥13.23 Billion | CN¥9.96 Billion | CN¥6.69 Billion | ▲ +10.7 pp |
| 2020 | 14.0% | CN¥1.71 Billion | CN¥12.18 Billion | CN¥9.21 Billion | CN¥7.50 Billion | ▼ -13.7 pp |
| 2019 | 27.8% | CN¥3.23 Billion | CN¥11.61 Billion | CN¥9.41 Billion | CN¥6.18 Billion | ▼ -0.6 pp |
| 2018 | 28.4% | CN¥3.24 Billion | CN¥11.43 Billion | CN¥12.10 Billion | CN¥8.86 Billion | ▼ -17.5 pp |
| 2017 | 45.9% | CN¥4.95 Billion | CN¥10.78 Billion | CN¥8.81 Billion | CN¥3.87 Billion | ▼ -21.2 pp |
| 2016 | 67.1% | CN¥6.43 Billion | CN¥9.59 Billion | CN¥12.85 Billion | CN¥6.42 Billion | ▲ +1.7 pp |
| 2015 | 65.4% | CN¥5.70 Billion | CN¥8.72 Billion | CN¥9.18 Billion | CN¥3.48 Billion | ▲ +7.7 pp |
| 2014 | 57.7% | CN¥3.55 Billion | CN¥6.15 Billion | CN¥7.30 Billion | CN¥3.75 Billion | ▲ +4.1 pp |
| 2013 | 53.7% | CN¥3.04 Billion | CN¥5.66 Billion | CN¥9.11 Billion | CN¥6.07 Billion | ▼ -5.8 pp |
| 2012 | 59.4% | CN¥2.69 Billion | CN¥4.53 Billion | CN¥7.78 Billion | CN¥5.09 Billion | ▲ +27.4 pp |
| 2011 | 32.0% | CN¥1.37 Billion | CN¥4.28 Billion | CN¥7.75 Billion | CN¥6.38 Billion | ▲ +0.3 pp |
| 2010 | 31.8% | CN¥1.31 Billion | CN¥4.12 Billion | CN¥6.08 Billion | CN¥4.77 Billion | ▲ +7.7 pp |
| 2009 | 24.1% | CN¥1.00 Billion | CN¥4.17 Billion | CN¥5.04 Billion | CN¥4.03 Billion | ▲ +16.8 pp |
| 2008 | 7.3% | CN¥219.55 Million | CN¥3.01 Billion | CN¥5.01 Billion | CN¥4.79 Billion | ▼ -0.1 pp |
| 2007 | 7.4% | CN¥292.67 Million | CN¥3.97 Billion | CN¥4.84 Billion | CN¥4.55 Billion | ▼ -8.9 pp |
| 2006 | 16.3% | CN¥263.34 Million | CN¥1.62 Billion | CN¥3.15 Billion | CN¥2.89 Billion | ▼ -9.1 pp |
| 2005 | 25.3% | CN¥394.57 Million | CN¥1.56 Billion | CN¥2.43 Billion | CN¥2.03 Billion | ▼ -9.4 pp |
| 2004 | 34.7% | CN¥383.03 Million | CN¥1.10 Billion | CN¥1.59 Billion | CN¥1.21 Billion | ▲ +19.9 pp |
| 2003 | 14.8% | CN¥118.59 Million | CN¥802.46 Million | CN¥1.27 Billion | CN¥1.15 Billion | ▼ -5.4 pp |
| 2002 | 20.2% | CN¥155.21 Million | CN¥768.93 Million | CN¥781.41 Million | CN¥626.20 Million | ▼ -28.4 pp |
| 2001 | 48.6% | CN¥365.92 Million | CN¥753.13 Million | CN¥780.56 Million | CN¥414.64 Million | ▼ -17.8 pp |
| 2000 | 66.4% | CN¥504.18 Million | CN¥759.66 Million | CN¥665.24 Million | CN¥161.06 Million | ▲ +16.7 pp |
| 1999 | 49.6% | CN¥221.43 Million | CN¥446.17 Million | CN¥336.14 Million | CN¥114.71 Million | ▲ +17.8 pp |
| 1998 | 31.9% | CN¥99.44 Million | CN¥312.13 Million | CN¥273.33 Million | CN¥173.89 Million | ▼ -30.0 pp |
| 1997 | 61.8% | CN¥92.40 Million | CN¥149.42 Million | CN¥182.63 Million | CN¥90.23 Million | ▲ +41.9 pp |
| 1996 | 19.9% | CN¥12.01 Million | CN¥60.18 Million | CN¥122.26 Million | CN¥110.26 Million | ▲ +20.5 pp |
| 1995 | -0.5% | CN¥-263.44K | CN¥50.20 Million | CN¥112.19 Million | CN¥112.45 Million | — |