Nantong Square Cold Chain Equipment Co Ltd (603339) — Working Capital to Net Assets Ratio

Latest as of March 2026: 53.9%

Nantong Square Cold Chain Equipment Co Ltd (603339) has a Working Capital to Net Assets ratio of 53.9% as of March 2026. Working capital of CN¥1.45 Billion (current assets of CN¥2.34 Billion minus current liabilities of CN¥883.30 Million) is measured against net assets of CN¥2.70 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Nantong Square Cold Chain Equipment Co L to measure how much of total assets are equity-financed.

WC/NA Ratio

53.9%
Working Capital / Net Assets

Working Capital

CN¥1.45 Billion
CNY

Current Assets

CN¥2.34 Billion
CNY

Current Liabilities

CN¥883.30 Million
CNY

Nantong Square Cold Chain Equipment Co Ltd Working Capital to Net Assets (2011–2025)

This chart shows how Nantong Square Cold Chain Equipment 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 53.9%, reflecting working capital of CN¥1.45 Billion against net assets of CN¥2.70 Billion CNY. Check Nantong Square Cold Chain Equipment Co L tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Nantong Square Cold Chain Equipment Co Ltd (2011–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Nantong Square Cold Chain Equipment 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 603339 market cap overview.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2025 54.0% CN¥1.43 Billion CN¥2.66 Billion CN¥2.40 Billion CN¥962.45 Million ▼ -1.0 pp
2024 55.0% CN¥1.41 Billion CN¥2.57 Billion CN¥2.13 Billion CN¥720.93 Million ▼ -8.6 pp
2023 63.6% CN¥1.59 Billion CN¥2.50 Billion CN¥2.48 Billion CN¥890.92 Million ▲ +4.3 pp
2022 59.3% CN¥1.31 Billion CN¥2.21 Billion CN¥2.27 Billion CN¥966.54 Million ▼ -0.1 pp
2021 59.4% CN¥1.16 Billion CN¥1.95 Billion CN¥1.90 Billion CN¥741.55 Million ▲ +9.2 pp
2020 50.2% CN¥908.11 Million CN¥1.81 Billion CN¥1.55 Billion CN¥641.54 Million ▼ -3.9 pp
2019 54.0% CN¥942.94 Million CN¥1.75 Billion CN¥1.64 Billion CN¥696.44 Million ▼ -7.0 pp
2018 61.1% CN¥1.00 Billion CN¥1.65 Billion CN¥1.39 Billion CN¥382.34 Million ▼ -11.1 pp
2017 72.1% CN¥1.06 Billion CN¥1.47 Billion CN¥1.40 Billion CN¥344.87 Million ▼ -12.5 pp
2016 84.7% CN¥1.11 Billion CN¥1.31 Billion CN¥1.34 Billion CN¥231.02 Million ▲ +12.9 pp
2015 71.8% CN¥513.97 Million CN¥715.83 Million CN¥657.31 Million CN¥143.34 Million ▼ -6.6 pp
2014 78.4% CN¥487.02 Million CN¥621.51 Million CN¥652.69 Million CN¥165.67 Million ▲ +5.2 pp
2013 73.2% CN¥359.97 Million CN¥491.75 Million CN¥516.28 Million CN¥156.31 Million ▲ +7.4 pp
2012 65.8% CN¥286.10 Million CN¥434.62 Million CN¥494.76 Million CN¥208.66 Million ▲ +11.2 pp
2011 54.6% CN¥183.25 Million CN¥335.38 Million CN¥565.71 Million CN¥382.46 Million
pp = percentage points