Gome Telecom Equipment Co Ltd (600898) — Working Capital to Net Assets Ratio
Gome Telecom Equipment Co Ltd (600898) has a Working Capital to Net Assets ratio of 338.9% as of September 2024. Working capital of CN¥-173.76 Million (current assets of CN¥75.36 Million minus current liabilities of CN¥249.12 Million) is measured against net assets of CN¥-51.27 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Gome Telecom Equipment Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gome Telecom Equipment Co Ltd Working Capital to Net Assets (2015–2023)
This chart shows how Gome Telecom Equipment Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2015 to 2023. As of September 2024, the ratio stands at 338.9%, reflecting working capital of CN¥-173.76 Million against net assets of CN¥-51.27 Million CNY. For the complete balance sheet picture, see Gome Telecom Equipment Co Ltd balance sheet assets.
Annual Working Capital to Net Assets for Gome Telecom Equipment Co Ltd (2015–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gome Telecom Equipment Co Ltd from 2015 to 2023, covering 9 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 Gome Telecom Equipment Co Ltd (600898) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 862.9% | CN¥-151.06 Million | CN¥-17.51 Million | CN¥55.54 Million | CN¥206.60 Million | ▲ +919.5 pp |
| 2022 | -56.6% | CN¥-59.00 Million | CN¥104.26 Million | CN¥178.78 Million | CN¥237.78 Million | ▼ -51.8 pp |
| 2021 | -4.7% | CN¥-10.14 Million | CN¥213.63 Million | CN¥333.15 Million | CN¥343.29 Million | ▲ +35.0 pp |
| 2020 | -39.8% | CN¥-48.68 Million | CN¥122.33 Million | CN¥448.08 Million | CN¥496.76 Million | ▼ -109.8 pp |
| 2019 | 70.0% | CN¥-473.84 Million | CN¥-676.49 Million | CN¥1.10 Billion | CN¥1.57 Billion | ▲ +379.2 pp |
| 2018 | -309.2% | CN¥-741.41 Million | CN¥239.82 Million | CN¥1.70 Billion | CN¥2.44 Billion | ▼ -346.0 pp |
| 2017 | 36.8% | CN¥199.16 Million | CN¥540.62 Million | CN¥1.90 Billion | CN¥1.70 Billion | ▼ -23.6 pp |
| 2016 | 60.5% | CN¥227.21 Million | CN¥375.77 Million | CN¥1.28 Billion | CN¥1.05 Billion | ▲ +12.8 pp |
| 2015 | 47.6% | CN¥174.96 Million | CN¥367.30 Million | CN¥504.10 Million | CN¥329.14 Million | — |