Shanghai Ace Invest&Dvlp Co (603329) — Working Capital to Net Assets Ratio
Shanghai Ace Invest&Dvlp Co (603329) has a Working Capital to Net Assets ratio of 19.3% as of June 2025. Working capital of CN¥228.37 Million (current assets of CN¥1.74 Billion minus current liabilities of CN¥1.52 Billion) is measured against net assets of CN¥1.19 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 603329 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai Ace Invest&Dvlp Co Working Capital to Net Assets (2016–2024)
This chart shows how Shanghai Ace Invest&Dvlp Co's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 19.3%, reflecting working capital of CN¥228.37 Million against net assets of CN¥1.19 Billion CNY. For the complete balance sheet picture, see how large is Shanghai Ace Invest&Dvlp Co's balance sheet.
Annual Working Capital to Net Assets for Shanghai Ace Invest&Dvlp Co (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai Ace Invest&Dvlp Co from 2016 to 2024, covering 9 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 Shanghai Ace Invest&Dvlp Co 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) |
|---|---|---|---|---|---|---|
| 2024 | 27.7% | CN¥356.30 Million | CN¥1.28 Billion | CN¥1.53 Billion | CN¥1.18 Billion | ▼ -9.7 pp |
| 2023 | 37.4% | CN¥477.07 Million | CN¥1.28 Billion | CN¥968.98 Million | CN¥491.91 Million | ▲ +3.0 pp |
| 2022 | 34.4% | CN¥444.78 Million | CN¥1.29 Billion | CN¥907.97 Million | CN¥463.19 Million | ▼ -2.7 pp |
| 2021 | 37.0% | CN¥435.00 Million | CN¥1.17 Billion | CN¥988.97 Million | CN¥553.97 Million | ▲ +11.2 pp |
| 2020 | 25.9% | CN¥204.37 Million | CN¥789.60 Million | CN¥664.28 Million | CN¥459.92 Million | ▼ -18.8 pp |
| 2019 | 44.7% | CN¥308.59 Million | CN¥690.67 Million | CN¥716.39 Million | CN¥407.80 Million | ▼ -34.8 pp |
| 2018 | 79.5% | CN¥632.08 Million | CN¥795.31 Million | CN¥1.20 Billion | CN¥567.31 Million | ▼ -3.5 pp |
| 2017 | 83.0% | CN¥658.12 Million | CN¥792.81 Million | CN¥1.01 Billion | CN¥355.12 Million | ▲ +10.2 pp |
| 2016 | 72.8% | CN¥323.07 Million | CN¥443.58 Million | CN¥531.70 Million | CN¥208.64 Million | — |