Guangzhou Automobile Group Co Ltd Class A (601238) — Working Capital to Net Assets Ratio
Guangzhou Automobile Group Co Ltd Class A (601238) has a Working Capital to Net Assets ratio of 15.5% as of September 2025. Working capital of CN¥18.10 Billion (current assets of CN¥97.94 Billion minus current liabilities of CN¥79.84 Billion) is measured against net assets of CN¥116.43 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Guangzhou Automobile Group Co Ltd Class (601238) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Guangzhou Automobile Group Co Ltd Class A Working Capital to Net Assets (2004–2024)
This chart shows how Guangzhou Automobile Group Co Ltd Class A's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 15.5%, reflecting working capital of CN¥18.10 Billion against net assets of CN¥116.43 Billion CNY. Check tangible net worth ratio of Guangzhou Automobile Group Co Ltd Class to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Guangzhou Automobile Group Co Ltd Class A (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guangzhou Automobile Group Co Ltd Class A from 2004 to 2024, covering 21 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 601238 market cap overview.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 17.7% | CN¥21.57 Billion | CN¥121.78 Billion | CN¥112.03 Billion | CN¥90.46 Billion | ▼ -1.6 pp |
| 2023 | 19.3% | CN¥23.98 Billion | CN¥124.40 Billion | CN¥101.11 Billion | CN¥77.13 Billion | ▼ -9.5 pp |
| 2022 | 28.8% | CN¥35.22 Billion | CN¥122.25 Billion | CN¥91.79 Billion | CN¥56.58 Billion | ▲ +15.4 pp |
| 2021 | 13.4% | CN¥12.39 Billion | CN¥92.59 Billion | CN¥61.19 Billion | CN¥48.81 Billion | ▼ -3.1 pp |
| 2020 | 16.5% | CN¥14.26 Billion | CN¥86.66 Billion | CN¥56.64 Billion | CN¥42.38 Billion | ▼ -2.1 pp |
| 2019 | 18.5% | CN¥15.28 Billion | CN¥82.45 Billion | CN¥56.86 Billion | CN¥41.59 Billion | ▼ -14.5 pp |
| 2018 | 33.0% | CN¥25.71 Billion | CN¥77.92 Billion | CN¥66.21 Billion | CN¥40.50 Billion | ▼ -6.4 pp |
| 2017 | 39.4% | CN¥27.75 Billion | CN¥70.41 Billion | CN¥64.49 Billion | CN¥36.74 Billion | ▲ +15.7 pp |
| 2016 | 23.8% | CN¥10.65 Billion | CN¥44.84 Billion | CN¥34.97 Billion | CN¥24.32 Billion | ▲ +0.1 pp |
| 2015 | 23.7% | CN¥9.34 Billion | CN¥39.44 Billion | CN¥28.01 Billion | CN¥18.67 Billion | ▲ +5.1 pp |
| 2014 | 18.6% | CN¥6.73 Billion | CN¥36.12 Billion | CN¥26.97 Billion | CN¥20.25 Billion | ▼ -6.1 pp |
| 2013 | 24.8% | CN¥8.43 Billion | CN¥34.06 Billion | CN¥26.51 Billion | CN¥18.08 Billion | ▼ -10.9 pp |
| 2012 | 35.6% | CN¥11.41 Billion | CN¥32.01 Billion | CN¥20.27 Billion | CN¥8.87 Billion | ▼ -17.2 pp |
| 2011 | 52.8% | CN¥15.92 Billion | CN¥30.13 Billion | CN¥21.89 Billion | CN¥5.97 Billion | ▼ -6.8 pp |
| 2010 | 59.6% | CN¥15.38 Billion | CN¥25.79 Billion | CN¥19.60 Billion | CN¥4.22 Billion | ▼ -8.4 pp |
| 2009 | 68.1% | CN¥14.56 Billion | CN¥21.39 Billion | CN¥17.47 Billion | CN¥2.90 Billion | ▲ +32.7 pp |
| 2008 | 35.4% | CN¥6.65 Billion | CN¥18.77 Billion | CN¥9.67 Billion | CN¥3.03 Billion | ▼ -13.5 pp |
| 2007 | 48.9% | CN¥8.08 Billion | CN¥16.54 Billion | CN¥16.79 Billion | CN¥8.71 Billion | ▲ +17.1 pp |
| 2006 | 31.8% | CN¥4.06 Billion | CN¥12.79 Billion | CN¥12.62 Billion | CN¥8.55 Billion | ▼ -7.7 pp |
| 2005 | 39.4% | CN¥4.39 Billion | CN¥11.14 Billion | CN¥9.67 Billion | CN¥5.28 Billion | ▼ -11.3 pp |
| 2004 | 50.8% | CN¥4.32 Billion | CN¥8.52 Billion | CN¥10.52 Billion | CN¥6.19 Billion | — |