Baotailong New Materials Co Ltd (601011) — Working Capital to Net Assets Ratio
Baotailong New Materials Co Ltd (601011) has a Working Capital to Net Assets ratio of -57.1% as of September 2025. Working capital of CN¥-3.52 Billion (current assets of CN¥705.53 Million minus current liabilities of CN¥4.23 Billion) is measured against net assets of CN¥6.17 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Baotailong New Materials Co Ltd (601011) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Baotailong New Materials Co Ltd Working Capital to Net Assets (2007–2024)
This chart shows how Baotailong New Materials Co Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at -57.1%, reflecting working capital of CN¥-3.52 Billion against net assets of CN¥6.17 Billion CNY. See how many days can Baotailong New Materials Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Baotailong New Materials Co Ltd (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Baotailong New Materials Co Ltd from 2007 to 2024, covering 18 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 how much is Baotailong New Materials Co Ltd worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -56.6% | CN¥-3.53 Billion | CN¥6.24 Billion | CN¥664.58 Million | CN¥4.20 Billion | ▼ -14.9 pp |
| 2023 | -41.7% | CN¥-2.79 Billion | CN¥6.70 Billion | CN¥1.65 Billion | CN¥4.44 Billion | ▼ -23.3 pp |
| 2022 | -18.4% | CN¥-1.54 Billion | CN¥8.38 Billion | CN¥2.15 Billion | CN¥3.68 Billion | ▲ +4.1 pp |
| 2021 | -22.4% | CN¥-1.58 Billion | CN¥7.03 Billion | CN¥1.61 Billion | CN¥3.19 Billion | ▼ -2.6 pp |
| 2020 | -19.8% | CN¥-1.36 Billion | CN¥6.87 Billion | CN¥1.77 Billion | CN¥3.14 Billion | ▼ -0.9 pp |
| 2019 | -18.9% | CN¥-1.29 Billion | CN¥6.84 Billion | CN¥2.05 Billion | CN¥3.34 Billion | ▼ -12.4 pp |
| 2018 | -6.5% | CN¥-439.42 Million | CN¥6.79 Billion | CN¥2.66 Billion | CN¥3.10 Billion | ▼ -3.0 pp |
| 2017 | -3.4% | CN¥-220.62 Million | CN¥6.42 Billion | CN¥2.55 Billion | CN¥2.77 Billion | ▲ +29.5 pp |
| 2016 | -32.9% | CN¥-1.67 Billion | CN¥5.08 Billion | CN¥1.61 Billion | CN¥3.28 Billion | ▼ -12.4 pp |
| 2015 | -20.5% | CN¥-1.02 Billion | CN¥4.98 Billion | CN¥1.41 Billion | CN¥2.43 Billion | ▼ -21.1 pp |
| 2014 | 0.6% | CN¥17.27 Million | CN¥2.99 Billion | CN¥1.58 Billion | CN¥1.57 Billion | ▼ -4.9 pp |
| 2013 | 5.5% | CN¥159.37 Million | CN¥2.91 Billion | CN¥1.48 Billion | CN¥1.32 Billion | ▼ -3.7 pp |
| 2012 | 9.2% | CN¥267.06 Million | CN¥2.90 Billion | CN¥1.42 Billion | CN¥1.15 Billion | ▲ +6.5 pp |
| 2011 | 2.7% | CN¥79.28 Million | CN¥2.88 Billion | CN¥1.67 Billion | CN¥1.59 Billion | ▲ +80.3 pp |
| 2010 | -77.6% | CN¥-788.00 Million | CN¥1.02 Billion | CN¥726.92 Million | CN¥1.51 Billion | ▲ +2.1 pp |
| 2009 | -79.6% | CN¥-626.74 Million | CN¥787.05 Million | CN¥488.77 Million | CN¥1.12 Billion | ▼ -9.0 pp |
| 2008 | -70.6% | CN¥-459.36 Million | CN¥650.68 Million | CN¥296.60 Million | CN¥755.97 Million | ▼ -47.1 pp |
| 2007 | -23.5% | CN¥-91.27 Million | CN¥388.69 Million | CN¥399.97 Million | CN¥491.24 Million | — |