Ningxia Jiaze Renewables Corp (601619) — Working Capital to Net Assets Ratio
Ningxia Jiaze Renewables Corp (601619) has a Working Capital to Net Assets ratio of 25.2% as of March 2026. Working capital of CN¥2.03 Billion (current assets of CN¥3.99 Billion minus current liabilities of CN¥1.97 Billion) is measured against net assets of CN¥8.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ningxia Jiaze Renewables Corp (601619) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ningxia Jiaze Renewables Corp Working Capital to Net Assets (2012–2025)
This chart shows how Ningxia Jiaze Renewables Corp's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 25.2%, reflecting working capital of CN¥2.03 Billion against net assets of CN¥8.05 Billion CNY. Check Ningxia Jiaze Renewables Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ningxia Jiaze Renewables Corp (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningxia Jiaze Renewables Corp from 2012 to 2025, covering 14 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 market value of Ningxia Jiaze Renewables Corp.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 27.1% | CN¥2.16 Billion | CN¥7.95 Billion | CN¥4.23 Billion | CN¥2.07 Billion | ▲ +5.4 pp |
| 2024 | 21.7% | CN¥1.48 Billion | CN¥6.81 Billion | CN¥4.08 Billion | CN¥2.60 Billion | ▲ +1.2 pp |
| 2023 | 20.5% | CN¥1.32 Billion | CN¥6.45 Billion | CN¥3.91 Billion | CN¥2.59 Billion | ▲ +28.3 pp |
| 2022 | -7.8% | CN¥-447.73 Million | CN¥5.72 Billion | CN¥3.69 Billion | CN¥4.14 Billion | ▼ -29.8 pp |
| 2021 | 22.0% | CN¥1.16 Billion | CN¥5.25 Billion | CN¥2.65 Billion | CN¥1.50 Billion | ▲ +1.3 pp |
| 2020 | 20.7% | CN¥757.21 Million | CN¥3.66 Billion | CN¥2.21 Billion | CN¥1.45 Billion | ▼ -6.7 pp |
| 2019 | 27.3% | CN¥908.90 Million | CN¥3.32 Billion | CN¥1.84 Billion | CN¥928.23 Million | ▲ +6.8 pp |
| 2018 | 20.5% | CN¥543.08 Million | CN¥2.65 Billion | CN¥1.62 Billion | CN¥1.08 Billion | ▲ +2.6 pp |
| 2017 | 17.9% | CN¥434.44 Million | CN¥2.43 Billion | CN¥1.43 Billion | CN¥991.89 Million | ▲ +13.1 pp |
| 2016 | 4.8% | CN¥98.62 Million | CN¥2.07 Billion | CN¥1.10 Billion | CN¥1.00 Billion | ▼ -22.2 pp |
| 2015 | 27.0% | CN¥520.39 Million | CN¥1.93 Billion | CN¥1.22 Billion | CN¥700.64 Million | ▲ +31.3 pp |
| 2014 | -4.3% | CN¥-49.69 Million | CN¥1.16 Billion | CN¥645.90 Million | CN¥695.59 Million | ▼ -26.5 pp |
| 2013 | 22.2% | CN¥202.19 Million | CN¥909.24 Million | CN¥577.29 Million | CN¥375.10 Million | ▲ +34.5 pp |
| 2012 | -12.2% | CN¥-82.34 Million | CN¥672.56 Million | CN¥390.60 Million | CN¥472.94 Million | — |