Guangdong Songfa Ceramics Co Working Capital to Net Assets Ratio
Guangdong Songfa Ceramics Co working capital to net assets ratio. Guangdong Songfa Ceramics Co (603268) has a Working Capital to Net Assets ratio of -66.8% as of June 2026. Working capital of CN¥-8.73 Billion (current assets of CN¥40.03 Billion minus current liabilities of CN¥48.76 Billion) is measured against net assets of CN¥13.06 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Guangdong Songfa Ceramics Co (2011–2025)
Working capital to net assets ratio of Guangdong Songfa Ceramics Co from 2011 to 2025. This chart shows how Guangdong Songfa Ceramics Co's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at -66.8%, reflecting working capital of CN¥-8.73 Billion against net assets of CN¥13.06 Billion CNY. Explore Guangdong Songfa Ceramics Co strategic investment ratio to see how much of total assets are deployed in long-term investments.
Guangdong Songfa Ceramics Co Working Capital to Net Assets Ratio by Year (2011–2025)
Guangdong Songfa Ceramics Co working capital to net assets ratio by year from 2011 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Guangdong Songfa Ceramics Co 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 the complete balance sheet picture, see total assets of Guangdong Songfa Ceramics Co.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -27.0% | CN¥-3.03 Billion | CN¥11.23 Billion | CN¥28.81 Billion | CN¥31.84 Billion | ▲ +14901.8 pp |
| 2024 | -14928.8% | CN¥-225.87 Million | CN¥1.51 Million | CN¥316.38 Million | CN¥542.25 Million | ▼ -14709.7 pp |
| 2023 | -219.0% | CN¥-164.74 Million | CN¥75.21 Million | CN¥290.11 Million | CN¥454.85 Million | ▼ -185.6 pp |
| 2022 | -33.5% | CN¥-70.44 Million | CN¥210.33 Million | CN¥334.82 Million | CN¥405.25 Million | ▼ -42.4 pp |
| 2021 | 8.9% | CN¥34.12 Million | CN¥381.93 Million | CN¥447.14 Million | CN¥413.01 Million | ▼ -7.4 pp |
| 2020 | 16.3% | CN¥120.25 Million | CN¥736.39 Million | CN¥485.42 Million | CN¥365.17 Million | ▲ +11.4 pp |
| 2019 | 4.9% | CN¥35.15 Million | CN¥716.62 Million | CN¥464.85 Million | CN¥429.69 Million | ▼ -0.8 pp |
| 2018 | 5.7% | CN¥39.09 Million | CN¥690.76 Million | CN¥481.66 Million | CN¥442.57 Million | ▼ -4.0 pp |
| 2017 | 9.7% | CN¥64.10 Million | CN¥663.88 Million | CN¥423.37 Million | CN¥359.27 Million | ▼ -31.6 pp |
| 2016 | 41.2% | CN¥246.30 Million | CN¥597.58 Million | CN¥455.43 Million | CN¥209.13 Million | ▼ -27.5 pp |
| 2015 | 68.7% | CN¥368.12 Million | CN¥535.61 Million | CN¥469.58 Million | CN¥101.46 Million | ▲ +25.3 pp |
| 2014 | 43.4% | CN¥125.79 Million | CN¥289.53 Million | CN¥210.82 Million | CN¥85.02 Million | ▲ +6.1 pp |
| 2013 | 37.4% | CN¥93.56 Million | CN¥250.19 Million | CN¥223.64 Million | CN¥130.08 Million | ▲ +0.2 pp |
| 2012 | 37.2% | CN¥78.60 Million | CN¥211.25 Million | CN¥186.86 Million | CN¥108.26 Million | ▲ +2.0 pp |
| 2011 | 35.2% | CN¥58.09 Million | CN¥165.06 Million | CN¥136.72 Million | CN¥78.63 Million | — |