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 (600898) net asset quality to measure how much of total assets are equity-financed.
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. Check Gome Telecom Equipment Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see 600898 stock market capitalisation.
| 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 | — |