TianJin 712 Communication & Broadcasting Co Ltd (603712) — Working Capital to Net Assets Ratio
TianJin 712 Communication & Broadcasting Co Ltd (603712) has a Working Capital to Net Assets ratio of 91.1% as of September 2025. Working capital of CN¥3.92 Billion (current assets of CN¥7.56 Billion minus current liabilities of CN¥3.64 Billion) is measured against net assets of CN¥4.31 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TianJin 712 Communication & Broadcasting balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TianJin 712 Communication & Broadcasting Co Ltd Working Capital to Net Assets (2013–2024)
This chart shows how TianJin 712 Communication & Broadcasting Co Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 91.1%, reflecting working capital of CN¥3.92 Billion against net assets of CN¥4.31 Billion CNY. Check 603712 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for TianJin 712 Communication & Broadcasting Co Ltd (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for TianJin 712 Communication & Broadcasting Co Ltd from 2013 to 2024, covering 12 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 market cap of TianJin 712 Communication & Broadcasting.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 88.0% | CN¥3.95 Billion | CN¥4.49 Billion | CN¥7.67 Billion | CN¥3.72 Billion | ▼ -4.2 pp |
| 2023 | 92.2% | CN¥4.39 Billion | CN¥4.76 Billion | CN¥8.60 Billion | CN¥4.22 Billion | ▲ +5.6 pp |
| 2022 | 86.6% | CN¥3.79 Billion | CN¥4.37 Billion | CN¥8.78 Billion | CN¥4.99 Billion | ▲ +12.7 pp |
| 2021 | 73.9% | CN¥2.67 Billion | CN¥3.62 Billion | CN¥7.56 Billion | CN¥4.89 Billion | ▼ -2.7 pp |
| 2020 | 76.6% | CN¥2.30 Billion | CN¥3.00 Billion | CN¥6.05 Billion | CN¥3.75 Billion | ▲ +2.2 pp |
| 2019 | 74.4% | CN¥1.90 Billion | CN¥2.56 Billion | CN¥4.75 Billion | CN¥2.84 Billion | ▼ -0.4 pp |
| 2018 | 74.8% | CN¥1.68 Billion | CN¥2.25 Billion | CN¥4.04 Billion | CN¥2.36 Billion | ▲ +4.8 pp |
| 2017 | 69.9% | CN¥1.16 Billion | CN¥1.65 Billion | CN¥2.91 Billion | CN¥1.75 Billion | ▼ -6.7 pp |
| 2016 | 76.7% | CN¥1.12 Billion | CN¥1.46 Billion | CN¥2.72 Billion | CN¥1.60 Billion | ▲ +19.4 pp |
| 2015 | 57.3% | CN¥832.40 Million | CN¥1.45 Billion | CN¥2.25 Billion | CN¥1.42 Billion | ▼ -1.6 pp |
| 2014 | 58.9% | CN¥751.35 Million | CN¥1.28 Billion | CN¥1.84 Billion | CN¥1.08 Billion | ▲ +6.5 pp |
| 2013 | 52.5% | CN¥570.89 Million | CN¥1.09 Billion | CN¥2.01 Billion | CN¥1.44 Billion | — |