Baosheng (600973) — Working Capital to Net Assets Ratio
Baosheng (600973) has a Working Capital to Net Assets ratio of 30.5% as of September 2025. Working capital of CN¥1.31 Billion (current assets of CN¥15.75 Billion minus current liabilities of CN¥14.44 Billion) is measured against net assets of CN¥4.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600973 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Baosheng Working Capital to Net Assets (2001–2024)
This chart shows how Baosheng's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 30.5%, reflecting working capital of CN¥1.31 Billion against net assets of CN¥4.29 Billion CNY. Check Baosheng (600973) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Baosheng (2001–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Baosheng from 2001 to 2024, covering 24 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 600973 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -0.3% | CN¥-12.21 Million | CN¥4.12 Billion | CN¥14.73 Billion | CN¥14.74 Billion | ▼ -22.2 pp |
| 2023 | 21.9% | CN¥1.09 Billion | CN¥4.97 Billion | CN¥15.14 Billion | CN¥14.05 Billion | ▲ +30.7 pp |
| 2022 | -8.8% | CN¥-426.45 Million | CN¥4.85 Billion | CN¥13.96 Billion | CN¥14.38 Billion | ▼ -13.1 pp |
| 2021 | 4.4% | CN¥202.60 Million | CN¥4.65 Billion | CN¥13.50 Billion | CN¥13.30 Billion | ▼ -9.2 pp |
| 2020 | 13.5% | CN¥734.94 Million | CN¥5.43 Billion | CN¥14.04 Billion | CN¥13.31 Billion | ▲ +1.3 pp |
| 2019 | 12.2% | CN¥598.77 Million | CN¥4.90 Billion | CN¥11.26 Billion | CN¥10.66 Billion | ▼ -6.6 pp |
| 2018 | 18.9% | CN¥886.50 Million | CN¥4.70 Billion | CN¥11.52 Billion | CN¥10.63 Billion | ▲ +10.9 pp |
| 2017 | 7.9% | CN¥347.12 Million | CN¥4.39 Billion | CN¥10.24 Billion | CN¥9.90 Billion | ▼ -39.8 pp |
| 2016 | 47.7% | CN¥1.89 Billion | CN¥3.96 Billion | CN¥8.06 Billion | CN¥6.17 Billion | ▲ +7.9 pp |
| 2015 | 39.8% | CN¥915.89 Million | CN¥2.30 Billion | CN¥6.71 Billion | CN¥5.80 Billion | ▲ +1.5 pp |
| 2014 | 38.3% | CN¥817.46 Million | CN¥2.14 Billion | CN¥6.59 Billion | CN¥5.77 Billion | ▼ -18.5 pp |
| 2013 | 56.7% | CN¥1.17 Billion | CN¥2.06 Billion | CN¥5.17 Billion | CN¥4.00 Billion | ▲ +12.6 pp |
| 2012 | 44.1% | CN¥882.00 Million | CN¥2.00 Billion | CN¥4.79 Billion | CN¥3.91 Billion | ▼ -7.8 pp |
| 2011 | 51.9% | CN¥905.95 Million | CN¥1.74 Billion | CN¥3.76 Billion | CN¥2.86 Billion | ▲ +25.6 pp |
| 2010 | 26.4% | CN¥276.44 Million | CN¥1.05 Billion | CN¥2.47 Billion | CN¥2.20 Billion | ▼ -30.3 pp |
| 2009 | 56.7% | CN¥566.62 Million | CN¥1.00 Billion | CN¥2.05 Billion | CN¥1.48 Billion | ▲ +10.4 pp |
| 2008 | 46.2% | CN¥346.84 Million | CN¥750.03 Million | CN¥1.84 Billion | CN¥1.49 Billion | ▲ +3.4 pp |
| 2007 | 42.8% | CN¥353.20 Million | CN¥824.72 Million | CN¥1.82 Billion | CN¥1.47 Billion | ▲ +8.3 pp |
| 2006 | 34.5% | CN¥237.13 Million | CN¥687.79 Million | CN¥1.13 Billion | CN¥894.21 Million | ▼ -4.8 pp |
| 2005 | 39.3% | CN¥230.42 Million | CN¥586.22 Million | CN¥787.69 Million | CN¥557.27 Million | ▼ -25.3 pp |
| 2004 | 64.6% | CN¥361.89 Million | CN¥559.83 Million | CN¥767.39 Million | CN¥405.50 Million | ▲ +1.5 pp |
| 2003 | 63.2% | CN¥128.34 Million | CN¥203.18 Million | CN¥435.19 Million | CN¥306.84 Million | ▼ -10.6 pp |
| 2002 | 73.7% | CN¥132.07 Million | CN¥179.14 Million | CN¥402.96 Million | CN¥270.89 Million | ▲ +15.3 pp |
| 2001 | 58.4% | CN¥87.58 Million | CN¥150.03 Million | CN¥293.44 Million | CN¥205.86 Million | — |