Fuda Alloy Materials Co Ltd (603045) — Working Capital to Net Assets Ratio
Fuda Alloy Materials Co Ltd (603045) has a Working Capital to Net Assets ratio of 98.2% as of March 2026. Working capital of CN¥1.24 Billion (current assets of CN¥2.94 Billion minus current liabilities of CN¥1.71 Billion) is measured against net assets of CN¥1.26 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 603045 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fuda Alloy Materials Co Ltd Working Capital to Net Assets (2013–2025)
This chart shows how Fuda Alloy Materials Co Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 98.2%, reflecting working capital of CN¥1.24 Billion against net assets of CN¥1.26 Billion CNY. Check 603045 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Fuda Alloy Materials Co Ltd (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fuda Alloy Materials Co Ltd from 2013 to 2025, 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. For live market cap and the full company profile, see Fuda Alloy Materials Co Ltd (603045) total market value.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 88.4% | CN¥951.77 Million | CN¥1.08 Billion | CN¥2.37 Billion | CN¥1.41 Billion | ▲ +4.8 pp |
| 2024 | 83.6% | CN¥811.70 Million | CN¥970.91 Million | CN¥1.75 Billion | CN¥943.23 Million | ▲ +30.2 pp |
| 2023 | 53.4% | CN¥498.64 Million | CN¥933.99 Million | CN¥1.52 Billion | CN¥1.02 Billion | ▲ +8.6 pp |
| 2022 | 44.8% | CN¥402.46 Million | CN¥899.34 Million | CN¥1.13 Billion | CN¥726.60 Million | ▼ -19.5 pp |
| 2021 | 64.3% | CN¥558.85 Million | CN¥869.57 Million | CN¥1.47 Billion | CN¥909.96 Million | ▲ +11.2 pp |
| 2020 | 53.1% | CN¥437.01 Million | CN¥823.32 Million | CN¥1.37 Billion | CN¥928.86 Million | ▲ +1.8 pp |
| 2019 | 51.3% | CN¥422.56 Million | CN¥824.46 Million | CN¥1.02 Billion | CN¥598.65 Million | ▼ -9.9 pp |
| 2018 | 61.2% | CN¥470.10 Million | CN¥768.39 Million | CN¥961.79 Million | CN¥491.69 Million | ▲ +17.2 pp |
| 2017 | 44.0% | CN¥220.68 Million | CN¥501.67 Million | CN¥738.74 Million | CN¥518.06 Million | ▼ -12.2 pp |
| 2016 | 56.2% | CN¥257.53 Million | CN¥457.97 Million | CN¥636.19 Million | CN¥378.66 Million | ▼ -2.1 pp |
| 2015 | 58.4% | CN¥248.91 Million | CN¥426.44 Million | CN¥524.38 Million | CN¥275.47 Million | ▼ -1.9 pp |
| 2014 | 60.2% | CN¥243.64 Million | CN¥404.55 Million | CN¥539.93 Million | CN¥296.29 Million | ▲ +4.4 pp |
| 2013 | 55.8% | CN¥200.10 Million | CN¥358.57 Million | CN¥522.05 Million | CN¥321.95 Million | — |