Red Star Macalline Group Corp Ltd Class A (601828) — Working Capital to Net Assets Ratio
Red Star Macalline Group Corp Ltd Class A (601828) has a Working Capital to Net Assets ratio of -40.7% as of June 2025. Working capital of CN¥-19.25 Billion (current assets of CN¥8.02 Billion minus current liabilities of CN¥27.27 Billion) is measured against net assets of CN¥47.30 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Red Star Macalline Group Corp Ltd Class fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Red Star Macalline Group Corp Ltd Class A Working Capital to Net Assets (2012–2024)
This chart shows how Red Star Macalline Group Corp Ltd Class A's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2025, the ratio stands at -40.7%, reflecting working capital of CN¥-19.25 Billion against net assets of CN¥47.30 Billion CNY. For the complete balance sheet picture, see 601828 asset base.
Annual Working Capital to Net Assets for Red Star Macalline Group Corp Ltd Class A (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Red Star Macalline Group Corp Ltd Class A from 2012 to 2024, covering 13 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. Check Red Star Macalline Group Corp Ltd Class (601828) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -40.1% | CN¥-20.60 Billion | CN¥51.30 Billion | CN¥8.34 Billion | CN¥28.93 Billion | ▼ -6.4 pp |
| 2023 | -33.7% | CN¥-18.61 Billion | CN¥55.14 Billion | CN¥9.98 Billion | CN¥28.59 Billion | ▼ -12.4 pp |
| 2022 | -21.3% | CN¥-12.37 Billion | CN¥58.00 Billion | CN¥12.99 Billion | CN¥25.36 Billion | ▲ +8.7 pp |
| 2021 | -30.0% | CN¥-17.26 Billion | CN¥57.53 Billion | CN¥14.87 Billion | CN¥32.13 Billion | ▲ +3.5 pp |
| 2020 | -33.5% | CN¥-17.10 Billion | CN¥51.10 Billion | CN¥14.54 Billion | CN¥31.64 Billion | ▼ -5.3 pp |
| 2019 | -28.2% | CN¥-13.81 Billion | CN¥48.98 Billion | CN¥13.95 Billion | CN¥27.77 Billion | ▼ -7.0 pp |
| 2018 | -21.2% | CN¥-9.60 Billion | CN¥45.30 Billion | CN¥15.72 Billion | CN¥25.31 Billion | ▼ -2.6 pp |
| 2017 | -18.5% | CN¥-8.15 Billion | CN¥43.93 Billion | CN¥14.57 Billion | CN¥22.72 Billion | ▼ -8.9 pp |
| 2016 | -9.7% | CN¥-4.60 Billion | CN¥47.69 Billion | CN¥8.94 Billion | CN¥13.55 Billion | ▼ -3.5 pp |
| 2015 | -6.1% | CN¥-2.76 Billion | CN¥45.27 Billion | CN¥7.86 Billion | CN¥10.62 Billion | ▲ +8.0 pp |
| 2014 | -14.2% | CN¥-5.29 Billion | CN¥37.41 Billion | CN¥5.13 Billion | CN¥10.42 Billion | ▼ -23.7 pp |
| 2013 | 9.5% | CN¥3.29 Billion | CN¥34.52 Billion | CN¥3.89 Billion | CN¥603.63 Million | ▼ -36.9 pp |
| 2012 | 46.4% | CN¥3.44 Billion | CN¥7.42 Billion | CN¥3.84 Billion | CN¥399.78 Million | — |