CTS International Logistics Corp Ltd (603128) — Working Capital to Net Assets Ratio
CTS International Logistics Corp Ltd (603128) has a Working Capital to Net Assets ratio of 53.3% as of September 2025. Working capital of CN¥3.30 Billion (current assets of CN¥8.28 Billion minus current liabilities of CN¥4.98 Billion) is measured against net assets of CN¥6.18 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 603128 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CTS International Logistics Corp Ltd Working Capital to Net Assets (2008–2024)
This chart shows how CTS International Logistics Corp Ltd's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 53.3%, reflecting working capital of CN¥3.30 Billion against net assets of CN¥6.18 Billion CNY. Check 603128 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for CTS International Logistics Corp Ltd (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for CTS International Logistics Corp Ltd from 2008 to 2024, 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 market cap of CTS International Logistics Corp Ltd.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 53.2% | CN¥3.24 Billion | CN¥6.10 Billion | CN¥7.71 Billion | CN¥4.46 Billion | ▲ +0.4 pp |
| 2023 | 52.8% | CN¥3.15 Billion | CN¥5.97 Billion | CN¥6.50 Billion | CN¥3.35 Billion | ▼ -1.5 pp |
| 2022 | 54.3% | CN¥3.26 Billion | CN¥6.02 Billion | CN¥6.52 Billion | CN¥3.26 Billion | ▼ -10.4 pp |
| 2021 | 64.7% | CN¥3.50 Billion | CN¥5.41 Billion | CN¥7.25 Billion | CN¥3.76 Billion | ▲ +9.6 pp |
| 2020 | 55.1% | CN¥2.58 Billion | CN¥4.69 Billion | CN¥4.99 Billion | CN¥2.41 Billion | ▲ +7.1 pp |
| 2019 | 47.9% | CN¥2.00 Billion | CN¥4.18 Billion | CN¥3.97 Billion | CN¥1.97 Billion | ▼ -9.8 pp |
| 2018 | 57.7% | CN¥2.27 Billion | CN¥3.94 Billion | CN¥3.74 Billion | CN¥1.46 Billion | ▲ +3.6 pp |
| 2017 | 54.1% | CN¥2.05 Billion | CN¥3.79 Billion | CN¥3.65 Billion | CN¥1.60 Billion | ▼ -0.4 pp |
| 2016 | 54.5% | CN¥1.95 Billion | CN¥3.58 Billion | CN¥3.45 Billion | CN¥1.50 Billion | ▼ -5.3 pp |
| 2015 | 59.8% | CN¥927.82 Million | CN¥1.55 Billion | CN¥2.44 Billion | CN¥1.51 Billion | ▲ +2.4 pp |
| 2014 | 57.4% | CN¥806.80 Million | CN¥1.41 Billion | CN¥2.51 Billion | CN¥1.70 Billion | ▼ -16.6 pp |
| 2013 | 74.0% | CN¥954.96 Million | CN¥1.29 Billion | CN¥2.58 Billion | CN¥1.62 Billion | ▼ -0.9 pp |
| 2012 | 74.9% | CN¥929.86 Million | CN¥1.24 Billion | CN¥2.43 Billion | CN¥1.50 Billion | ▲ +20.0 pp |
| 2011 | 54.9% | CN¥320.46 Million | CN¥583.67 Million | CN¥1.72 Billion | CN¥1.40 Billion | ▲ +2.6 pp |
| 2010 | 52.3% | CN¥283.15 Million | CN¥541.12 Million | CN¥1.39 Billion | CN¥1.11 Billion | ▼ -5.3 pp |
| 2009 | 57.6% | CN¥280.69 Million | CN¥487.14 Million | CN¥1.17 Billion | CN¥888.24 Million | ▼ -5.0 pp |
| 2008 | 62.6% | CN¥417.85 Million | CN¥667.11 Million | CN¥950.84 Million | CN¥532.99 Million | — |