Changbai Mountain Tourism Co Ltd (603099) — Working Capital to Net Assets Ratio
Changbai Mountain Tourism Co Ltd (603099) has a Working Capital to Net Assets ratio of 28.8% as of March 2026. Working capital of CN¥440.61 Million (current assets of CN¥623.69 Million minus current liabilities of CN¥183.08 Million) is measured against net assets of CN¥1.53 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Changbai Mountain Tourism Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Changbai Mountain Tourism Co Ltd Working Capital to Net Assets (2009–2025)
This chart shows how Changbai Mountain Tourism Co Ltd's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at 28.8%, reflecting working capital of CN¥440.61 Million against net assets of CN¥1.53 Billion CNY. Check Changbai Mountain Tourism Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Changbai Mountain Tourism Co Ltd (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Changbai Mountain Tourism Co Ltd from 2009 to 2025, covering 17 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 Changbai Mountain Tourism Co Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 26.4% | CN¥402.81 Million | CN¥1.52 Billion | CN¥632.35 Million | CN¥229.54 Million | ▲ +8.0 pp |
| 2024 | 18.4% | CN¥213.79 Million | CN¥1.16 Billion | CN¥444.92 Million | CN¥231.13 Million | ▼ -0.7 pp |
| 2023 | 19.1% | CN¥198.70 Million | CN¥1.04 Billion | CN¥329.40 Million | CN¥130.70 Million | ▲ +11.1 pp |
| 2022 | 8.1% | CN¥72.97 Million | CN¥906.20 Million | CN¥159.23 Million | CN¥86.26 Million | ▼ -7.0 pp |
| 2021 | 15.0% | CN¥144.93 Million | CN¥965.63 Million | CN¥207.05 Million | CN¥62.12 Million | ▼ -0.9 pp |
| 2020 | 15.9% | CN¥161.64 Million | CN¥1.02 Billion | CN¥268.97 Million | CN¥107.32 Million | ▼ -3.4 pp |
| 2019 | 19.3% | CN¥208.67 Million | CN¥1.08 Billion | CN¥334.76 Million | CN¥126.09 Million | ▲ +9.8 pp |
| 2018 | 9.5% | CN¥95.96 Million | CN¥1.01 Billion | CN¥253.80 Million | CN¥157.84 Million | ▼ -1.8 pp |
| 2017 | 11.3% | CN¥107.45 Million | CN¥950.25 Million | CN¥277.43 Million | CN¥169.98 Million | ▲ +6.5 pp |
| 2016 | 4.8% | CN¥43.53 Million | CN¥901.19 Million | CN¥252.67 Million | CN¥209.14 Million | ▼ -43.7 pp |
| 2015 | 48.6% | CN¥417.71 Million | CN¥859.89 Million | CN¥457.84 Million | CN¥40.14 Million | ▼ -6.7 pp |
| 2014 | 55.3% | CN¥434.89 Million | CN¥786.57 Million | CN¥477.52 Million | CN¥42.63 Million | ▲ +24.8 pp |
| 2013 | 30.5% | CN¥133.61 Million | CN¥437.97 Million | CN¥167.88 Million | CN¥34.27 Million | ▲ +6.9 pp |
| 2012 | 23.7% | CN¥90.68 Million | CN¥383.38 Million | CN¥132.03 Million | CN¥41.35 Million | ▲ +16.0 pp |
| 2011 | 7.6% | CN¥23.42 Million | CN¥306.95 Million | CN¥89.67 Million | CN¥66.25 Million | ▼ -41.7 pp |
| 2010 | 49.4% | CN¥135.54 Million | CN¥274.55 Million | CN¥153.85 Million | CN¥18.31 Million | ▲ +16.8 pp |
| 2009 | 32.6% | CN¥75.41 Million | CN¥231.37 Million | CN¥89.35 Million | CN¥13.94 Million | — |