Shanghai Baolong Automotive Corp (603197) — Working Capital to Net Assets Ratio
Shanghai Baolong Automotive Corp (603197) has a Working Capital to Net Assets ratio of 32.8% as of September 2025. Working capital of CN¥1.19 Billion (current assets of CN¥7.02 Billion minus current liabilities of CN¥5.82 Billion) is measured against net assets of CN¥3.64 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Read Shanghai Baolong Automotive Corp (603197) total liabilities for a breakdown of total debt and financial obligations.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai Baolong Automotive Corp Working Capital to Net Assets (2008–2024)
This chart shows how Shanghai Baolong Automotive Corp's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 32.8%, reflecting working capital of CN¥1.19 Billion against net assets of CN¥3.64 Billion CNY. See Shanghai Baolong Automotive Corp free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Annual Working Capital to Net Assets for Shanghai Baolong Automotive Corp (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai Baolong Automotive Corp from 2008 to 2024, covering 16 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 Shanghai Baolong Automotive Corp market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 52.4% | CN¥1.85 Billion | CN¥3.54 Billion | CN¥6.43 Billion | CN¥4.58 Billion | ▼ -0.5 pp |
| 2023 | 52.9% | CN¥1.72 Billion | CN¥3.25 Billion | CN¥4.79 Billion | CN¥3.07 Billion | ▲ +13.3 pp |
| 2022 | 39.6% | CN¥1.10 Billion | CN¥2.79 Billion | CN¥3.82 Billion | CN¥2.72 Billion | ▼ -19.4 pp |
| 2021 | 59.0% | CN¥1.45 Billion | CN¥2.45 Billion | CN¥3.23 Billion | CN¥1.78 Billion | ▲ +17.1 pp |
| 2020 | 41.8% | CN¥574.36 Million | CN¥1.37 Billion | CN¥2.23 Billion | CN¥1.66 Billion | ▼ -25.0 pp |
| 2019 | 66.9% | CN¥862.16 Million | CN¥1.29 Billion | CN¥2.27 Billion | CN¥1.41 Billion | ▼ -4.8 pp |
| 2018 | 71.7% | CN¥731.08 Million | CN¥1.02 Billion | CN¥2.13 Billion | CN¥1.39 Billion | ▲ +3.7 pp |
| 2017 | 68.1% | CN¥989.37 Million | CN¥1.45 Billion | CN¥1.72 Billion | CN¥735.45 Million | ▲ +25.5 pp |
| 2016 | 42.5% | CN¥308.14 Million | CN¥724.60 Million | CN¥1.06 Billion | CN¥756.02 Million | ▼ -31.0 pp |
| 2015 | 73.5% | CN¥439.77 Million | CN¥598.22 Million | CN¥908.24 Million | CN¥468.47 Million | ▲ +42.7 pp |
| 2014 | 30.8% | CN¥158.28 Million | CN¥513.37 Million | CN¥733.41 Million | CN¥575.13 Million | ▼ -22.9 pp |
| 2013 | 53.7% | CN¥246.48 Million | CN¥458.95 Million | CN¥651.70 Million | CN¥405.22 Million | ▲ +26.0 pp |
| 2012 | 27.7% | CN¥122.21 Million | CN¥441.41 Million | CN¥551.31 Million | CN¥429.10 Million | ▼ -20.0 pp |
| 2010 | 47.7% | CN¥140.35 Million | CN¥294.09 Million | CN¥391.15 Million | CN¥250.80 Million | ▲ +10.1 pp |
| 2009 | 37.7% | CN¥75.83 Million | CN¥201.37 Million | CN¥303.34 Million | CN¥227.51 Million | ▼ -10.3 pp |
| 2008 | 47.9% | CN¥80.47 Million | CN¥167.92 Million | CN¥265.58 Million | CN¥185.12 Million | — |