Shandong Swan Cotton Working Capital to Net Assets Ratio
Shandong Swan Cotton working capital to net assets ratio. Shandong Swan Cotton (603029) has a Working Capital to Net Assets ratio of 64.6% as of September 2025. Working capital of CN¥600.06 Million (current assets of CN¥1.79 Billion minus current liabilities of CN¥1.19 Billion) is measured against net assets of CN¥929.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Shandong Swan Cotton to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Shandong Swan Cotton (2011–2024)
Working capital to net assets ratio of Shandong Swan Cotton from 2011 to 2024. This chart shows how Shandong Swan Cotton's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 64.6%, reflecting working capital of CN¥600.06 Million against net assets of CN¥929.56 Million CNY. See Shandong Swan Cotton (603029) liquidity interval to measure how many days the company can operate on defensive assets alone.
Shandong Swan Cotton Working Capital to Net Assets Ratio by Year (2011–2024)
Shandong Swan Cotton working capital to net assets ratio by year from 2011 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Shandong Swan Cotton from 2011 to 2024, 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 the complete balance sheet picture, see 603029 total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 58.3% | CN¥522.95 Million | CN¥896.61 Million | CN¥1.69 Billion | CN¥1.16 Billion | ▼ -10.2 pp |
| 2023 | 68.5% | CN¥580.98 Million | CN¥847.68 Million | CN¥1.80 Billion | CN¥1.22 Billion | ▲ +3.1 pp |
| 2022 | 65.5% | CN¥522.77 Million | CN¥798.48 Million | CN¥1.47 Billion | CN¥942.53 Million | ▼ -1.8 pp |
| 2021 | 67.3% | CN¥504.10 Million | CN¥748.97 Million | CN¥963.84 Million | CN¥459.75 Million | ▼ -1.1 pp |
| 2020 | 68.4% | CN¥520.04 Million | CN¥760.64 Million | CN¥966.30 Million | CN¥446.26 Million | ▲ +20.1 pp |
| 2019 | 48.2% | CN¥377.96 Million | CN¥783.56 Million | CN¥763.83 Million | CN¥385.87 Million | ▲ +2.9 pp |
| 2018 | 45.3% | CN¥348.45 Million | CN¥769.04 Million | CN¥663.13 Million | CN¥314.68 Million | ▼ -16.7 pp |
| 2017 | 62.0% | CN¥442.13 Million | CN¥713.02 Million | CN¥614.97 Million | CN¥172.84 Million | ▲ +3.5 pp |
| 2016 | 58.5% | CN¥415.42 Million | CN¥709.58 Million | CN¥564.15 Million | CN¥148.73 Million | ▲ +16.0 pp |
| 2015 | 42.5% | CN¥215.83 Million | CN¥507.36 Million | CN¥464.96 Million | CN¥249.14 Million | ▲ +11.8 pp |
| 2014 | 30.7% | CN¥142.94 Million | CN¥464.97 Million | CN¥492.89 Million | CN¥349.95 Million | ▲ +9.0 pp |
| 2013 | 21.8% | CN¥91.12 Million | CN¥418.44 Million | CN¥685.02 Million | CN¥593.90 Million | ▼ 0.0 pp |
| 2012 | 21.8% | CN¥79.27 Million | CN¥363.79 Million | CN¥554.71 Million | CN¥475.44 Million | ▼ -1.1 pp |
| 2011 | 22.9% | CN¥76.30 Million | CN¥333.83 Million | CN¥412.99 Million | CN¥336.69 Million | — |