China National Gold Group Gold Jewellery Co Ltd Working Capital to Net Assets Ratio
China National Gold Group Gold Jewellery Co Ltd 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. Check China National Gold Group Gold Jewellery (600916) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of China National Gold Group Gold Jewellery Co Ltd (2016–2024)
Working capital to net assets ratio of China National Gold Group Gold Jewellery Co Ltd from 2016 to 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 how many days can China National Gold Group Gold Jewellery fund operations to measure how many days the company can operate on defensive assets alone.
China National Gold Group Gold Jewellery Co Ltd Working Capital to Net Assets Ratio by Year (2016–2024)
China National Gold Group Gold Jewellery Co Ltd working capital to net assets ratio by year from 2016 to 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 the complete balance sheet picture, see total assets of China National Gold Group Gold Jewellery.
| 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 | — |