Xinjiang East Universe Group Gas Co Ltd (603706) — Working Capital to Net Assets Ratio
Xinjiang East Universe Group Gas Co Ltd (603706) has a Working Capital to Net Assets ratio of 32.4% as of September 2025. Working capital of CN¥580.22 Million (current assets of CN¥1.25 Billion minus current liabilities of CN¥667.22 Million) is measured against net assets of CN¥1.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Xinjiang East Universe Group Gas Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Xinjiang East Universe Group Gas Co Ltd Working Capital to Net Assets (2014–2024)
This chart shows how Xinjiang East Universe Group Gas Co Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 32.4%, reflecting working capital of CN¥580.22 Million against net assets of CN¥1.79 Billion CNY. Check Xinjiang East Universe Group Gas Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Xinjiang East Universe Group Gas Co Ltd (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Xinjiang East Universe Group Gas Co Ltd from 2014 to 2024, covering 11 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 603706 market cap overview.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 30.1% | CN¥544.51 Million | CN¥1.81 Billion | CN¥1.51 Billion | CN¥961.67 Million | ▼ -7.5 pp |
| 2023 | 37.6% | CN¥664.88 Million | CN¥1.77 Billion | CN¥1.63 Billion | CN¥968.89 Million | ▲ +4.6 pp |
| 2022 | 32.9% | CN¥564.51 Million | CN¥1.71 Billion | CN¥1.24 Billion | CN¥672.23 Million | ▼ -4.3 pp |
| 2021 | 37.2% | CN¥642.56 Million | CN¥1.73 Billion | CN¥1.17 Billion | CN¥531.23 Million | ▼ -6.5 pp |
| 2020 | 43.7% | CN¥740.32 Million | CN¥1.69 Billion | CN¥1.21 Billion | CN¥471.90 Million | ▲ +8.4 pp |
| 2019 | 35.3% | CN¥411.61 Million | CN¥1.16 Billion | CN¥587.43 Million | CN¥175.82 Million | ▼ -28.8 pp |
| 2018 | 64.1% | CN¥710.28 Million | CN¥1.11 Billion | CN¥884.92 Million | CN¥174.64 Million | ▲ +46.3 pp |
| 2017 | 17.8% | CN¥95.24 Million | CN¥533.56 Million | CN¥290.09 Million | CN¥194.86 Million | ▲ +7.1 pp |
| 2016 | 10.7% | CN¥50.00 Million | CN¥466.38 Million | CN¥276.16 Million | CN¥226.16 Million | ▼ -31.6 pp |
| 2015 | 42.4% | CN¥150.33 Million | CN¥354.82 Million | CN¥265.48 Million | CN¥115.15 Million | ▲ +27.6 pp |
| 2014 | 14.8% | CN¥35.23 Million | CN¥238.10 Million | CN¥196.78 Million | CN¥161.55 Million | — |