Ningbo Shenglong Automotive Powertrain System Co Ltd (603178) — Working Capital to Net Assets Ratio
Ningbo Shenglong Automotive Powertrain System Co Ltd (603178) has a Working Capital to Net Assets ratio of 8.4% as of March 2026. Working capital of CN¥96.38 Million (current assets of CN¥900.74 Million minus current liabilities of CN¥804.36 Million) is measured against net assets of CN¥1.14 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Ningbo Shenglong Automotive Powertrain S to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ningbo Shenglong Automotive Powertrain System Co Ltd Working Capital to Net Assets (2012–2025)
This chart shows how Ningbo Shenglong Automotive Powertrain System Co Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 8.4%, reflecting working capital of CN¥96.38 Million against net assets of CN¥1.14 Billion CNY. For the complete balance sheet picture, see Ningbo Shenglong Automotive Powertrain S balance sheet assets.
Annual Working Capital to Net Assets for Ningbo Shenglong Automotive Powertrain System Co Ltd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningbo Shenglong Automotive Powertrain System Co Ltd from 2012 to 2025, 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. Check 603178 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -3.3% | CN¥-37.34 Million | CN¥1.14 Billion | CN¥873.97 Million | CN¥911.31 Million | ▼ -13.7 pp |
| 2024 | 10.4% | CN¥134.99 Million | CN¥1.30 Billion | CN¥1.04 Billion | CN¥905.12 Million | ▼ -6.8 pp |
| 2023 | 17.2% | CN¥221.51 Million | CN¥1.28 Billion | CN¥984.21 Million | CN¥762.70 Million | ▲ +2.6 pp |
| 2022 | 14.7% | CN¥184.54 Million | CN¥1.26 Billion | CN¥907.35 Million | CN¥722.81 Million | ▲ +0.2 pp |
| 2021 | 14.4% | CN¥172.83 Million | CN¥1.20 Billion | CN¥927.57 Million | CN¥754.74 Million | ▲ +56.8 pp |
| 2020 | -42.4% | CN¥-285.43 Million | CN¥673.65 Million | CN¥713.44 Million | CN¥998.87 Million | ▲ +18.6 pp |
| 2019 | -61.0% | CN¥-383.77 Million | CN¥629.58 Million | CN¥761.49 Million | CN¥1.15 Billion | ▼ -19.4 pp |
| 2018 | -41.6% | CN¥-369.11 Million | CN¥887.63 Million | CN¥763.18 Million | CN¥1.13 Billion | ▼ -43.4 pp |
| 2017 | 1.8% | CN¥15.77 Million | CN¥866.08 Million | CN¥979.09 Million | CN¥963.32 Million | ▲ +15.8 pp |
| 2016 | -14.0% | CN¥-61.20 Million | CN¥438.31 Million | CN¥600.51 Million | CN¥661.70 Million | ▼ -27.3 pp |
| 2015 | 13.4% | CN¥48.30 Million | CN¥361.14 Million | CN¥468.90 Million | CN¥420.60 Million | ▲ +29.8 pp |
| 2014 | -16.4% | CN¥-46.38 Million | CN¥282.01 Million | CN¥418.25 Million | CN¥464.63 Million | ▲ +62.9 pp |
| 2013 | -79.3% | CN¥-172.05 Million | CN¥216.86 Million | CN¥299.01 Million | CN¥471.06 Million | ▲ +24.5 pp |
| 2012 | -103.8% | CN¥-173.67 Million | CN¥167.32 Million | CN¥218.68 Million | CN¥392.35 Million | — |