China National Gold Group Gold Jewellery Co Ltd (600916) — Working Capital to Net Assets Ratio
China National Gold Group Gold Jewellery Co Ltd (600916) has a Working Capital to Net Assets ratio of 93.2% as of June 2025. Working capital of CN¥6.79 Billion (current assets of CN¥12.50 Billion minus current liabilities of CN¥5.72 Billion) is measured against net assets of CN¥7.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See China National Gold Group Gold Jewellery (600916) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China National Gold Group Gold Jewellery Co Ltd Working Capital to Net Assets (2016–2024)
This chart shows how China National Gold Group Gold Jewellery Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 93.2%, reflecting working capital of CN¥6.79 Billion against net assets of CN¥7.28 Billion CNY. See 600916 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for China National Gold Group Gold Jewellery Co Ltd (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for China National Gold Group Gold Jewellery Co Ltd from 2016 to 2024, 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 China National Gold Group Gold Jewellery stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 93.6% | CN¥7.06 Billion | CN¥7.55 Billion | CN¥11.99 Billion | CN¥4.94 Billion | ▼ -0.1 pp |
| 2023 | 93.6% | CN¥6.99 Billion | CN¥7.47 Billion | CN¥12.41 Billion | CN¥5.41 Billion | ▼ -1.1 pp |
| 2022 | 94.7% | CN¥6.63 Billion | CN¥7.00 Billion | CN¥10.99 Billion | CN¥4.36 Billion | ▼ -0.3 pp |
| 2021 | 95.0% | CN¥6.31 Billion | CN¥6.64 Billion | CN¥10.47 Billion | CN¥4.16 Billion | ▲ +0.1 pp |
| 2020 | 94.9% | CN¥5.01 Billion | CN¥5.28 Billion | CN¥8.76 Billion | CN¥3.75 Billion | ▲ +0.8 pp |
| 2019 | 94.1% | CN¥4.47 Billion | CN¥4.75 Billion | CN¥8.15 Billion | CN¥3.68 Billion | ▼ -0.5 pp |
| 2018 | 94.5% | CN¥4.05 Billion | CN¥4.29 Billion | CN¥7.16 Billion | CN¥3.11 Billion | ▼ -0.4 pp |
| 2017 | 94.9% | CN¥3.72 Billion | CN¥3.92 Billion | CN¥6.25 Billion | CN¥2.52 Billion | ▲ +5.1 pp |
| 2016 | 89.8% | CN¥1.46 Billion | CN¥1.63 Billion | CN¥4.29 Billion | CN¥2.83 Billion | — |