Ningbo Zhongbai Co Ltd (600857) — Working Capital to Net Assets Ratio
Ningbo Zhongbai Co Ltd (600857) has a Working Capital to Net Assets ratio of 56.9% as of March 2026. Working capital of CN¥503.13 Million (current assets of CN¥536.78 Million minus current liabilities of CN¥33.64 Million) is measured against net assets of CN¥884.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ningbo Zhongbai Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ningbo Zhongbai Co Ltd Working Capital to Net Assets (1994–2025)
This chart shows how Ningbo Zhongbai Co Ltd's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 56.9%, reflecting working capital of CN¥503.13 Million against net assets of CN¥884.41 Million CNY. For the complete balance sheet picture, see 600857 total asset value.
Annual Working Capital to Net Assets for Ningbo Zhongbai Co Ltd (1994–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningbo Zhongbai Co Ltd from 1994 to 2025, covering 32 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 financial resilience of Ningbo Zhongbai Co Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 55.0% | CN¥477.17 Million | CN¥868.23 Million | CN¥516.99 Million | CN¥39.81 Million | ▲ +3.0 pp |
| 2024 | 52.0% | CN¥432.12 Million | CN¥831.39 Million | CN¥476.95 Million | CN¥44.83 Million | ▼ -3.1 pp |
| 2023 | 55.0% | CN¥469.56 Million | CN¥853.12 Million | CN¥604.59 Million | CN¥135.03 Million | ▲ +16.4 pp |
| 2022 | 38.7% | CN¥302.85 Million | CN¥782.97 Million | CN¥437.35 Million | CN¥134.51 Million | ▼ -6.5 pp |
| 2021 | 45.1% | CN¥215.09 Million | CN¥476.44 Million | CN¥315.60 Million | CN¥100.51 Million | ▲ +0.2 pp |
| 2020 | 45.0% | CN¥238.45 Million | CN¥530.45 Million | CN¥337.10 Million | CN¥98.65 Million | ▼ -3.0 pp |
| 2019 | 48.0% | CN¥309.79 Million | CN¥645.63 Million | CN¥411.48 Million | CN¥101.69 Million | ▼ -78.8 pp |
| 2018 | 126.8% | CN¥257.04 Million | CN¥202.70 Million | CN¥381.04 Million | CN¥124.00 Million | ▼ -57.8 pp |
| 2017 | 184.6% | CN¥306.59 Million | CN¥166.08 Million | CN¥466.66 Million | CN¥160.07 Million | ▲ +142.1 pp |
| 2016 | 42.5% | CN¥270.57 Million | CN¥636.14 Million | CN¥452.20 Million | CN¥181.63 Million | ▲ +5.4 pp |
| 2015 | 37.1% | CN¥225.98 Million | CN¥609.20 Million | CN¥393.12 Million | CN¥167.14 Million | ▲ +5.1 pp |
| 2014 | 32.0% | CN¥185.47 Million | CN¥579.22 Million | CN¥362.93 Million | CN¥177.45 Million | ▲ +5.2 pp |
| 2013 | 26.8% | CN¥147.48 Million | CN¥550.53 Million | CN¥336.08 Million | CN¥188.60 Million | ▲ +0.2 pp |
| 2012 | 26.5% | CN¥139.71 Million | CN¥526.22 Million | CN¥315.40 Million | CN¥175.69 Million | ▲ +1.8 pp |
| 2011 | 24.8% | CN¥123.90 Million | CN¥500.36 Million | CN¥302.01 Million | CN¥178.11 Million | ▲ +13.7 pp |
| 2010 | 11.1% | CN¥48.64 Million | CN¥438.44 Million | CN¥229.88 Million | CN¥181.24 Million | ▼ -10.7 pp |
| 2009 | 21.8% | CN¥92.39 Million | CN¥424.11 Million | CN¥247.73 Million | CN¥155.33 Million | ▼ -5.6 pp |
| 2008 | 27.4% | CN¥115.99 Million | CN¥424.10 Million | CN¥287.32 Million | CN¥171.33 Million | ▼ -15.1 pp |
| 2007 | 42.5% | CN¥176.52 Million | CN¥415.43 Million | CN¥472.19 Million | CN¥295.66 Million | ▲ +9.3 pp |
| 2006 | 33.2% | CN¥129.09 Million | CN¥388.49 Million | CN¥309.58 Million | CN¥180.49 Million | ▲ +6.6 pp |
| 2005 | 26.6% | CN¥98.55 Million | CN¥370.19 Million | CN¥272.68 Million | CN¥174.12 Million | ▲ +10.6 pp |
| 2004 | 16.0% | CN¥58.43 Million | CN¥365.49 Million | CN¥261.33 Million | CN¥202.90 Million | ▼ -0.2 pp |
| 2003 | 16.2% | CN¥59.25 Million | CN¥366.59 Million | CN¥253.84 Million | CN¥194.60 Million | ▲ +7.2 pp |
| 2002 | 8.9% | CN¥30.39 Million | CN¥340.45 Million | CN¥248.54 Million | CN¥218.15 Million | ▲ +7.0 pp |
| 2001 | 1.9% | CN¥6.31 Million | CN¥325.17 Million | CN¥142.13 Million | CN¥135.82 Million | ▲ +3.6 pp |
| 2000 | -1.7% | CN¥-5.67 Million | CN¥340.47 Million | CN¥108.47 Million | CN¥114.15 Million | ▼ -0.2 pp |
| 1999 | -1.4% | CN¥-4.93 Million | CN¥344.93 Million | CN¥95.28 Million | CN¥100.22 Million | ▲ +2.7 pp |
| 1998 | -4.2% | CN¥-11.46 Million | CN¥275.20 Million | CN¥90.12 Million | CN¥101.58 Million | ▼ -13.1 pp |
| 1997 | 9.0% | CN¥24.55 Million | CN¥273.19 Million | CN¥143.33 Million | CN¥118.78 Million | ▼ -29.9 pp |
| 1996 | 38.9% | CN¥100.38 Million | CN¥258.15 Million | CN¥197.47 Million | CN¥97.09 Million | ▼ -5.0 pp |
| 1995 | 43.9% | CN¥101.74 Million | CN¥231.73 Million | CN¥236.60 Million | CN¥134.86 Million | ▼ -5.8 pp |
| 1994 | 49.7% | CN¥94.59 Million | CN¥190.45 Million | CN¥192.84 Million | CN¥98.25 Million | — |