Guangdong Super Telecom Working Capital to Net Assets Ratio
Guangdong Super Telecom working capital to net assets ratio. Guangdong Super Telecom (603322) has a Working Capital to Net Assets ratio of -34.9% as of September 2025. Working capital of CN¥-112.31 Million (current assets of CN¥1.66 Billion minus current liabilities of CN¥1.78 Billion) is measured against net assets of CN¥322.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 603322 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Guangdong Super Telecom (2011–2024)
Working capital to net assets ratio of Guangdong Super Telecom from 2011 to 2024. This chart shows how Guangdong Super Telecom's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at -34.9%, reflecting working capital of CN¥-112.31 Million against net assets of CN¥322.10 Million CNY. See 603322 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Guangdong Super Telecom Working Capital to Net Assets Ratio by Year (2011–2024)
Guangdong Super Telecom working capital to net assets ratio by year from 2011 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Guangdong Super Telecom from 2011 to 2024, 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. For the complete balance sheet picture, see 603322 asset base.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -82.4% | CN¥-212.50 Million | CN¥257.95 Million | CN¥2.14 Billion | CN¥2.35 Billion | ▼ -48.7 pp |
| 2023 | -33.7% | CN¥-111.78 Million | CN¥331.94 Million | CN¥1.61 Billion | CN¥1.72 Billion | ▼ -30.8 pp |
| 2022 | -2.9% | CN¥-9.22 Million | CN¥317.86 Million | CN¥1.60 Billion | CN¥1.61 Billion | ▼ -33.1 pp |
| 2021 | 30.2% | CN¥114.42 Million | CN¥378.86 Million | CN¥1.68 Billion | CN¥1.56 Billion | ▲ +7.8 pp |
| 2020 | 22.4% | CN¥148.71 Million | CN¥665.10 Million | CN¥1.62 Billion | CN¥1.47 Billion | ▼ -44.9 pp |
| 2019 | 67.2% | CN¥417.74 Million | CN¥621.48 Million | CN¥1.85 Billion | CN¥1.43 Billion | ▼ -12.8 pp |
| 2018 | 80.0% | CN¥539.05 Million | CN¥673.59 Million | CN¥1.90 Billion | CN¥1.36 Billion | ▼ -16.7 pp |
| 2017 | 96.8% | CN¥474.67 Million | CN¥490.55 Million | CN¥1.24 Billion | CN¥767.52 Million | ▲ +4.7 pp |
| 2016 | 92.1% | CN¥440.95 Million | CN¥478.77 Million | CN¥1.01 Billion | CN¥573.37 Million | ▲ +7.1 pp |
| 2015 | 85.0% | CN¥203.48 Million | CN¥239.26 Million | CN¥615.31 Million | CN¥411.83 Million | ▼ -2.5 pp |
| 2014 | 87.6% | CN¥175.49 Million | CN¥200.42 Million | CN¥482.12 Million | CN¥306.63 Million | ▲ +10.2 pp |
| 2013 | 77.4% | CN¥135.34 Million | CN¥174.88 Million | CN¥364.69 Million | CN¥229.35 Million | ▼ -8.2 pp |
| 2012 | 85.6% | CN¥140.12 Million | CN¥163.72 Million | CN¥253.74 Million | CN¥113.62 Million | ▼ -7.3 pp |
| 2011 | 92.9% | CN¥120.42 Million | CN¥129.58 Million | CN¥182.06 Million | CN¥61.64 Million | — |