China Galaxy Securities Co Ltd Class A (601881) — Working Capital to Net Assets Ratio
China Galaxy Securities Co Ltd Class A (601881) has a Working Capital to Net Assets ratio of -75.1% as of September 2025. Working capital of CN¥-88.25 Billion (current assets of CN¥165.49 Billion minus current liabilities of CN¥253.75 Billion) is measured against net assets of CN¥117.58 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of China Galaxy Securities Co Ltd Class A to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China Galaxy Securities Co Ltd Class A Working Capital to Net Assets (2005–2024)
This chart shows how China Galaxy Securities Co Ltd Class A's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at -75.1%, reflecting working capital of CN¥-88.25 Billion against net assets of CN¥117.58 Billion CNY. Check China Galaxy Securities Co Ltd Class A (601881) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for China Galaxy Securities Co Ltd Class A (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for China Galaxy Securities Co Ltd Class A from 2005 to 2024, covering 20 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 cap of China Galaxy Securities Co Ltd Class A.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 101.2% | CN¥142.22 Billion | CN¥140.50 Billion | CN¥322.72 Billion | CN¥180.51 Billion | ▲ +79.4 pp |
| 2023 | 21.8% | CN¥28.44 Billion | CN¥130.49 Billion | CN¥188.79 Billion | CN¥160.35 Billion | ▼ -37.7 pp |
| 2022 | 59.5% | CN¥61.07 Billion | CN¥102.61 Billion | CN¥190.72 Billion | CN¥129.65 Billion | ▲ +46.2 pp |
| 2021 | 13.3% | CN¥13.21 Billion | CN¥98.98 Billion | CN¥141.61 Billion | CN¥128.40 Billion | ▼ -293.6 pp |
| 2020 | 307.0% | CN¥251.74 Billion | CN¥82.01 Billion | CN¥349.41 Billion | CN¥97.67 Billion | ▼ -4.1 pp |
| 2019 | 311.1% | CN¥223.74 Billion | CN¥71.92 Billion | CN¥226.51 Billion | CN¥2.77 Billion | ▲ +57.8 pp |
| 2018 | 253.3% | CN¥168.02 Billion | CN¥66.34 Billion | CN¥169.10 Billion | CN¥1.07 Billion | ▼ -62.8 pp |
| 2017 | 316.1% | CN¥205.08 Billion | CN¥64.89 Billion | CN¥207.94 Billion | CN¥2.85 Billion | ▼ -80.4 pp |
| 2016 | 396.4% | CN¥231.33 Billion | CN¥58.35 Billion | CN¥234.07 Billion | CN¥2.74 Billion | ▼ -9.0 pp |
| 2015 | 405.5% | CN¥232.12 Billion | CN¥57.25 Billion | CN¥235.74 Billion | CN¥3.62 Billion | ▼ -76.7 pp |
| 2014 | 482.2% | CN¥141.45 Billion | CN¥29.34 Billion | CN¥142.28 Billion | CN¥831.33 Million | ▲ +190.9 pp |
| 2013 | 291.3% | CN¥74.06 Billion | CN¥25.42 Billion | CN¥74.32 Billion | CN¥266.23 Million | ▲ +40.4 pp |
| 2012 | 250.9% | CN¥44.05 Billion | CN¥17.56 Billion | CN¥44.06 Billion | CN¥10.29 Million | ▼ -47.6 pp |
| 2011 | 298.5% | CN¥48.13 Billion | CN¥16.13 Billion | CN¥48.14 Billion | CN¥6.61 Million | ▼ -268.8 pp |
| 2010 | 567.3% | CN¥82.73 Billion | CN¥14.58 Billion | CN¥82.74 Billion | CN¥7.23 Million | ▼ -171.8 pp |
| 2009 | 739.1% | CN¥95.65 Billion | CN¥12.94 Billion | CN¥95.66 Billion | CN¥9.59 Million | ▲ +189.7 pp |
| 2008 | 549.4% | CN¥53.18 Billion | CN¥9.68 Billion | CN¥53.18 Billion | CN¥7.67 Million | ▼ -223.0 pp |
| 2007 | 772.4% | CN¥87.70 Billion | CN¥11.35 Billion | CN¥88.00 Billion | CN¥300.11 Million | ▲ +1276.2 pp |
| 2006 | -503.8% | CN¥30.96 Billion | CN¥-6.15 Billion | CN¥39.65 Billion | CN¥8.68 Billion | ▼ -447.1 pp |
| 2005 | -56.7% | CN¥4.66 Billion | CN¥-8.22 Billion | CN¥13.36 Billion | CN¥8.70 Billion | — |