Ningbo Tianlong Electronics Co Ltd (603266) — Working Capital to Net Assets Ratio
Ningbo Tianlong Electronics Co Ltd (603266) has a Working Capital to Net Assets ratio of 53.6% as of March 2026. Working capital of CN¥870.16 Million (current assets of CN¥1.39 Billion minus current liabilities of CN¥524.16 Million) is measured against net assets of CN¥1.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Ningbo Tianlong Electronics Co Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ningbo Tianlong Electronics Co Ltd Working Capital to Net Assets (2011–2025)
This chart shows how Ningbo Tianlong Electronics Co Ltd's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 53.6%, reflecting working capital of CN¥870.16 Million against net assets of CN¥1.62 Billion CNY. See Ningbo Tianlong Electronics Co Ltd (603266) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ningbo Tianlong Electronics Co Ltd (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningbo Tianlong Electronics Co Ltd from 2011 to 2025, covering 15 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 Ningbo Tianlong Electronics Co Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 58.1% | CN¥929.27 Million | CN¥1.60 Billion | CN¥1.47 Billion | CN¥539.36 Million | ▲ +1.6 pp |
| 2024 | 56.5% | CN¥848.09 Million | CN¥1.50 Billion | CN¥1.36 Billion | CN¥514.97 Million | ▲ +4.6 pp |
| 2023 | 51.9% | CN¥738.35 Million | CN¥1.42 Billion | CN¥1.25 Billion | CN¥509.41 Million | ▲ +0.7 pp |
| 2022 | 51.2% | CN¥687.33 Million | CN¥1.34 Billion | CN¥1.15 Billion | CN¥461.27 Million | ▼ -4.5 pp |
| 2021 | 55.7% | CN¥672.99 Million | CN¥1.21 Billion | CN¥1.11 Billion | CN¥433.98 Million | ▼ -8.7 pp |
| 2020 | 64.4% | CN¥660.59 Million | CN¥1.03 Billion | CN¥994.44 Million | CN¥333.85 Million | ▼ -0.4 pp |
| 2019 | 64.8% | CN¥591.57 Million | CN¥912.72 Million | CN¥841.51 Million | CN¥249.94 Million | ▼ -2.1 pp |
| 2018 | 67.0% | CN¥581.38 Million | CN¥868.33 Million | CN¥803.87 Million | CN¥222.49 Million | ▲ +1.2 pp |
| 2017 | 65.8% | CN¥540.71 Million | CN¥822.24 Million | CN¥746.32 Million | CN¥205.61 Million | ▲ +16.8 pp |
| 2016 | 48.9% | CN¥217.71 Million | CN¥445.03 Million | CN¥502.23 Million | CN¥284.53 Million | ▲ +3.6 pp |
| 2015 | 45.3% | CN¥164.78 Million | CN¥363.56 Million | CN¥410.36 Million | CN¥245.58 Million | ▼ -1.8 pp |
| 2014 | 47.1% | CN¥138.26 Million | CN¥293.53 Million | CN¥330.78 Million | CN¥192.52 Million | ▼ -7.1 pp |
| 2013 | 54.2% | CN¥130.19 Million | CN¥240.26 Million | CN¥335.32 Million | CN¥205.13 Million | ▲ +17.0 pp |
| 2012 | 37.2% | CN¥63.74 Million | CN¥171.43 Million | CN¥303.51 Million | CN¥239.77 Million | ▲ +6.3 pp |
| 2011 | 30.9% | CN¥44.05 Million | CN¥142.67 Million | CN¥243.25 Million | CN¥199.20 Million | — |