Jiangsu King's Luck Brewery Joint-Stock Co Ltd (603369) — Working Capital to Net Assets Ratio
Jiangsu King's Luck Brewery Joint-Stock Co Ltd (603369) has a Working Capital to Net Assets ratio of 32.6% as of September 2025. Working capital of CN¥5.38 Billion (current assets of CN¥12.71 Billion minus current liabilities of CN¥7.34 Billion) is measured against net assets of CN¥16.51 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Jiangsu King's Luck Brewery Joint-Stock to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Jiangsu King's Luck Brewery Joint-Stock Co Ltd Working Capital to Net Assets (2011–2024)
This chart shows how Jiangsu King's Luck Brewery Joint-Stock Co Ltd'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 32.6%, reflecting working capital of CN¥5.38 Billion against net assets of CN¥16.51 Billion CNY. For the complete balance sheet picture, see 603369 asset base.
Annual Working Capital to Net Assets for Jiangsu King's Luck Brewery Joint-Stock Co Ltd (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Jiangsu King's Luck Brewery Joint-Stock Co Ltd 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. Check asset resilience ratio of Jiangsu King's Luck Brewery Joint-Stock 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 | 35.9% | CN¥5.55 Billion | CN¥15.45 Billion | CN¥13.93 Billion | CN¥8.37 Billion | ▲ +0.0 pp |
| 2023 | 35.9% | CN¥4.77 Billion | CN¥13.29 Billion | CN¥12.91 Billion | CN¥8.14 Billion | ▼ -6.8 pp |
| 2022 | 42.7% | CN¥4.72 Billion | CN¥11.06 Billion | CN¥11.66 Billion | CN¥6.94 Billion | ▼ -10.6 pp |
| 2021 | 53.3% | CN¥4.95 Billion | CN¥9.30 Billion | CN¥9.93 Billion | CN¥4.98 Billion | ▼ -6.5 pp |
| 2020 | 59.8% | CN¥4.95 Billion | CN¥8.27 Billion | CN¥8.42 Billion | CN¥3.47 Billion | ▲ +8.3 pp |
| 2019 | 51.5% | CN¥3.71 Billion | CN¥7.21 Billion | CN¥6.49 Billion | CN¥2.78 Billion | ▼ -10.0 pp |
| 2018 | 61.5% | CN¥3.76 Billion | CN¥6.11 Billion | CN¥6.22 Billion | CN¥2.46 Billion | ▲ +2.5 pp |
| 2017 | 59.0% | CN¥3.12 Billion | CN¥5.28 Billion | CN¥5.04 Billion | CN¥1.93 Billion | ▼ -6.1 pp |
| 2016 | 65.1% | CN¥3.01 Billion | CN¥4.62 Billion | CN¥4.54 Billion | CN¥1.54 Billion | ▼ -4.1 pp |
| 2015 | 69.2% | CN¥2.80 Billion | CN¥4.04 Billion | CN¥4.17 Billion | CN¥1.37 Billion | ▼ -3.6 pp |
| 2014 | 72.8% | CN¥2.59 Billion | CN¥3.56 Billion | CN¥3.53 Billion | CN¥942.86 Million | ▲ +14.0 pp |
| 2013 | 58.8% | CN¥1.35 Billion | CN¥2.30 Billion | CN¥2.42 Billion | CN¥1.07 Billion | ▲ +5.0 pp |
| 2012 | 53.9% | CN¥979.65 Million | CN¥1.82 Billion | CN¥2.08 Billion | CN¥1.10 Billion | ▲ +12.0 pp |
| 2011 | 41.9% | CN¥538.32 Million | CN¥1.29 Billion | CN¥1.44 Billion | CN¥899.27 Million | — |