Ningbo Boway Alloy Material Co Ltd Working Capital to Net Assets Ratio
Ningbo Boway Alloy Material Co Ltd working capital to net assets ratio. Ningbo Boway Alloy Material Co Ltd (601137) has a Working Capital to Net Assets ratio of 62.2% as of June 2026. Working capital of CN¥6.09 Billion (current assets of CN¥15.83 Billion minus current liabilities of CN¥9.74 Billion) is measured against net assets of CN¥9.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 601137 tangible net assets ratio 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 Ningbo Boway Alloy Material Co Ltd (2007–2024)
Working capital to net assets ratio of Ningbo Boway Alloy Material Co Ltd from 2007 to 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 June 2026, the ratio stands at 62.2%, reflecting working capital of CN¥6.09 Billion against net assets of CN¥9.79 Billion CNY. See 601137 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Ningbo Boway Alloy Material Co Ltd Working Capital to Net Assets Ratio by Year (2007–2024)
Ningbo Boway Alloy Material Co Ltd working capital to net assets ratio by year from 2007 to 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 the complete balance sheet picture, see balance sheet size of Ningbo Boway Alloy Material Co Ltd.
| 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 | — |