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 financial agility of Shanghai Ace Invest&Dvlp Co to measure the company's free cash flow as a share of total liabilities.
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. See Shanghai Ace Invest&Dvlp Co (603329) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see Shanghai Ace Invest&Dvlp Co market capitalisation.
| 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 | — |