Guangdong Banbao Toy Co Ltd (603398) — Working Capital to Net Assets Ratio
Guangdong Banbao Toy Co Ltd (603398) has a Working Capital to Net Assets ratio of -259.5% as of September 2025. Working capital of CN¥-1.53 Billion (current assets of CN¥665.14 Million minus current liabilities of CN¥2.20 Billion) is measured against net assets of CN¥590.99 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 603398 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Guangdong Banbao Toy Co Ltd Working Capital to Net Assets (2011–2024)
This chart shows how Guangdong Banbao Toy 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 -259.5%, reflecting working capital of CN¥-1.53 Billion against net assets of CN¥590.99 Million CNY. See how many days can Guangdong Banbao Toy Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Guangdong Banbao Toy Co Ltd (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guangdong Banbao Toy 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. For live market cap and the full company profile, see 603398 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -142.0% | CN¥-1.33 Billion | CN¥933.34 Million | CN¥739.58 Million | CN¥2.07 Billion | ▲ +80.1 pp |
| 2023 | -222.2% | CN¥-1.65 Billion | CN¥742.44 Million | CN¥1.45 Billion | CN¥3.10 Billion | ▼ -79.5 pp |
| 2022 | -142.7% | CN¥-1.02 Billion | CN¥716.09 Million | CN¥1.10 Billion | CN¥2.12 Billion | ▼ -188.9 pp |
| 2021 | 46.2% | CN¥436.55 Million | CN¥945.16 Million | CN¥496.88 Million | CN¥60.33 Million | ▲ +16.7 pp |
| 2020 | 29.5% | CN¥230.07 Million | CN¥780.13 Million | CN¥375.07 Million | CN¥144.99 Million | ▲ +6.9 pp |
| 2019 | 22.6% | CN¥167.46 Million | CN¥740.21 Million | CN¥382.96 Million | CN¥215.50 Million | ▲ +21.6 pp |
| 2018 | 1.1% | CN¥7.18 Million | CN¥675.87 Million | CN¥320.60 Million | CN¥313.42 Million | ▼ -52.4 pp |
| 2017 | 53.5% | CN¥334.29 Million | CN¥624.74 Million | CN¥422.31 Million | CN¥88.02 Million | ▼ -10.3 pp |
| 2016 | 63.8% | CN¥370.85 Million | CN¥581.45 Million | CN¥403.71 Million | CN¥32.87 Million | ▼ -3.9 pp |
| 2015 | 67.7% | CN¥365.40 Million | CN¥539.89 Million | CN¥394.48 Million | CN¥29.08 Million | ▲ +40.2 pp |
| 2014 | 27.5% | CN¥53.02 Million | CN¥193.01 Million | CN¥112.33 Million | CN¥59.31 Million | ▼ -2.8 pp |
| 2013 | 30.2% | CN¥53.65 Million | CN¥177.41 Million | CN¥116.42 Million | CN¥62.77 Million | ▼ -10.9 pp |
| 2012 | 41.1% | CN¥62.44 Million | CN¥151.77 Million | CN¥134.06 Million | CN¥71.63 Million | ▲ +28.7 pp |
| 2011 | 12.5% | CN¥10.83 Million | CN¥86.90 Million | CN¥74.51 Million | CN¥63.68 Million | — |