Flat Glass Group Co. Ltd (601865) — Working Capital to Net Assets Ratio
Flat Glass Group Co. Ltd (601865) has a Working Capital to Net Assets ratio of 25.7% as of September 2025. Working capital of CN¥5.74 Billion (current assets of CN¥12.52 Billion minus current liabilities of CN¥6.78 Billion) is measured against net assets of CN¥22.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 601865 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Flat Glass Group Co. Ltd Working Capital to Net Assets (2012–2024)
This chart shows how Flat Glass Group Co. Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 25.7%, reflecting working capital of CN¥5.74 Billion against net assets of CN¥22.29 Billion CNY. For the complete balance sheet picture, see 601865 current and non-current assets.
Annual Working Capital to Net Assets for Flat Glass Group Co. Ltd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Flat Glass Group Co. Ltd 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 601865 cash and liquid asset 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 | 23.8% | CN¥5.18 Billion | CN¥21.78 Billion | CN¥13.88 Billion | CN¥8.70 Billion | ▼ -10.5 pp |
| 2023 | 34.3% | CN¥7.65 Billion | CN¥22.29 Billion | CN¥16.83 Billion | CN¥9.18 Billion | ▲ +21.1 pp |
| 2022 | 13.2% | CN¥1.85 Billion | CN¥14.03 Billion | CN¥12.38 Billion | CN¥10.53 Billion | ▼ -10.0 pp |
| 2021 | 23.1% | CN¥2.73 Billion | CN¥11.81 Billion | CN¥8.90 Billion | CN¥6.16 Billion | ▼ -7.8 pp |
| 2020 | 30.9% | CN¥2.24 Billion | CN¥7.23 Billion | CN¥5.57 Billion | CN¥3.33 Billion | ▲ +31.0 pp |
| 2019 | 0.0% | CN¥-1.34 Million | CN¥4.51 Billion | CN¥4.45 Billion | CN¥4.45 Billion | ▼ -22.0 pp |
| 2018 | 22.0% | CN¥806.81 Million | CN¥3.67 Billion | CN¥3.06 Billion | CN¥2.25 Billion | ▼ -8.2 pp |
| 2017 | 30.2% | CN¥981.58 Million | CN¥3.25 Billion | CN¥2.95 Billion | CN¥1.97 Billion | ▲ +1.6 pp |
| 2016 | 28.6% | CN¥846.66 Million | CN¥2.96 Billion | CN¥2.24 Billion | CN¥1.39 Billion | ▲ +2.3 pp |
| 2015 | 26.4% | CN¥678.55 Million | CN¥2.57 Billion | CN¥2.48 Billion | CN¥1.80 Billion | ▲ +41.9 pp |
| 2014 | -15.5% | CN¥-257.48 Million | CN¥1.66 Billion | CN¥1.83 Billion | CN¥2.09 Billion | ▼ -16.3 pp |
| 2013 | 0.7% | CN¥12.51 Million | CN¥1.74 Billion | CN¥1.66 Billion | CN¥1.65 Billion | ▲ +9.3 pp |
| 2012 | -8.6% | CN¥-131.81 Million | CN¥1.54 Billion | CN¥1.35 Billion | CN¥1.48 Billion | — |