Ningbo Boway Alloy Material Co Ltd (601137) — Working Capital to Net Assets Ratio

Latest as of March 2026: 51.1%

Ningbo Boway Alloy Material Co Ltd (601137) has a Working Capital to Net Assets ratio of 51.1% as of March 2026. Working capital of CN¥4.80 Billion (current assets of CN¥13.54 Billion minus current liabilities of CN¥8.74 Billion) is measured against net assets of CN¥9.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 601137 equity to assets ratio to measure how much of total assets are equity-financed.

WC/NA Ratio

51.1%
Working Capital / Net Assets

Working Capital

CN¥4.80 Billion
CNY

Current Assets

CN¥13.54 Billion
CNY

Current Liabilities

CN¥8.74 Billion
CNY

Ningbo Boway Alloy Material Co Ltd Working Capital to Net Assets (2007–2024)

This chart shows how Ningbo Boway Alloy Material Co Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of March 2026, the ratio stands at 51.1%, reflecting working capital of CN¥4.80 Billion against net assets of CN¥9.38 Billion CNY. Check 601137 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Ningbo Boway Alloy Material Co Ltd (2007–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Ningbo Boway Alloy Material 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 Ningbo Boway Alloy Material Co Ltd (601137) total market value.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2024 50.7% CN¥4.27 Billion CN¥8.42 Billion CN¥10.62 Billion CN¥6.35 Billion ▼ -8.3 pp
2023 59.0% CN¥4.19 Billion CN¥7.11 Billion CN¥10.52 Billion CN¥6.32 Billion ▲ +10.6 pp
2022 48.4% CN¥2.91 Billion CN¥6.02 Billion CN¥8.67 Billion CN¥5.75 Billion ▲ +31.5 pp
2021 16.9% CN¥913.73 Million CN¥5.42 Billion CN¥6.32 Billion CN¥5.40 Billion ▼ -2.1 pp
2020 19.0% CN¥982.67 Million CN¥5.17 Billion CN¥4.34 Billion CN¥3.36 Billion ▼ -2.2 pp
2019 21.1% CN¥793.75 Million CN¥3.75 Billion CN¥3.81 Billion CN¥3.02 Billion ▼ -13.0 pp
2018 34.2% CN¥1.31 Billion CN¥3.84 Billion CN¥3.16 Billion CN¥1.85 Billion ▼ -6.2 pp
2017 40.4% CN¥1.45 Billion CN¥3.59 Billion CN¥3.09 Billion CN¥1.64 Billion ▲ +4.0 pp
2016 36.4% CN¥1.20 Billion CN¥3.29 Billion CN¥3.05 Billion CN¥1.85 Billion ▲ +5.1 pp
2015 31.3% CN¥639.83 Million CN¥2.04 Billion CN¥1.28 Billion CN¥636.71 Million ▼ -7.5 pp
2014 38.8% CN¥773.90 Million CN¥1.99 Billion CN¥1.42 Billion CN¥643.23 Million ▼ -0.3 pp
2013 39.1% CN¥764.67 Million CN¥1.96 Billion CN¥1.36 Billion CN¥596.55 Million ▼ -6.5 pp
2012 45.6% CN¥871.83 Million CN¥1.91 Billion CN¥1.21 Billion CN¥334.46 Million ▼ -22.9 pp
2011 68.5% CN¥1.27 Billion CN¥1.85 Billion CN¥1.53 Billion CN¥267.70 Million ▲ +29.4 pp
2010 39.0% CN¥133.96 Million CN¥343.11 Million CN¥683.22 Million CN¥549.27 Million ▼ -11.3 pp
2009 50.3% CN¥112.36 Million CN¥223.23 Million CN¥602.81 Million CN¥490.45 Million ▲ +58.3 pp
2008 -8.0% CN¥-10.26 Million CN¥128.42 Million CN¥410.42 Million CN¥420.68 Million ▼ -64.9 pp
2007 56.9% CN¥166.56 Million CN¥292.57 Million CN¥749.73 Million CN¥583.17 Million
pp = percentage points