Xingguang Agricultural Mach (603789) — Working Capital to Net Assets Ratio
Xingguang Agricultural Mach (603789) has a Working Capital to Net Assets ratio of 35.7% as of September 2025. Working capital of CN¥91.08 Million (current assets of CN¥854.47 Million minus current liabilities of CN¥763.39 Million) is measured against net assets of CN¥255.30 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 603789 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Xingguang Agricultural Mach Working Capital to Net Assets (2011–2024)
This chart shows how Xingguang Agricultural Mach'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 35.7%, reflecting working capital of CN¥91.08 Million against net assets of CN¥255.30 Million CNY. See 603789 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Xingguang Agricultural Mach (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Xingguang Agricultural Mach 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 how much is Xingguang Agricultural Mach worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -55.3% | CN¥-156.92 Million | CN¥283.84 Million | CN¥565.15 Million | CN¥722.07 Million | ▼ -51.2 pp |
| 2023 | -4.1% | CN¥-19.17 Million | CN¥463.59 Million | CN¥678.32 Million | CN¥697.49 Million | ▼ -6.2 pp |
| 2022 | 2.1% | CN¥10.56 Million | CN¥513.46 Million | CN¥529.69 Million | CN¥519.14 Million | ▼ -20.0 pp |
| 2021 | 22.1% | CN¥146.39 Million | CN¥662.92 Million | CN¥759.87 Million | CN¥613.48 Million | ▼ -19.7 pp |
| 2020 | 41.8% | CN¥366.18 Million | CN¥876.28 Million | CN¥820.01 Million | CN¥453.83 Million | ▲ +0.4 pp |
| 2019 | 41.4% | CN¥461.55 Million | CN¥1.11 Billion | CN¥1.02 Billion | CN¥555.26 Million | ▲ +4.4 pp |
| 2018 | 37.0% | CN¥406.05 Million | CN¥1.10 Billion | CN¥893.36 Million | CN¥487.31 Million | ▼ -4.6 pp |
| 2017 | 41.6% | CN¥471.61 Million | CN¥1.13 Billion | CN¥776.55 Million | CN¥304.94 Million | ▼ -5.7 pp |
| 2016 | 47.3% | CN¥524.90 Million | CN¥1.11 Billion | CN¥941.15 Million | CN¥416.25 Million | ▼ -26.8 pp |
| 2015 | 74.2% | CN¥764.70 Million | CN¥1.03 Billion | CN¥831.97 Million | CN¥67.27 Million | ▲ +22.2 pp |
| 2014 | 52.0% | CN¥276.62 Million | CN¥532.36 Million | CN¥549.78 Million | CN¥273.15 Million | ▼ -5.8 pp |
| 2013 | 57.7% | CN¥279.55 Million | CN¥484.22 Million | CN¥454.56 Million | CN¥175.01 Million | ▼ -11.6 pp |
| 2012 | 69.4% | CN¥270.63 Million | CN¥390.08 Million | CN¥589.29 Million | CN¥318.66 Million | ▼ -15.3 pp |
| 2011 | 84.7% | CN¥247.48 Million | CN¥292.28 Million | CN¥449.45 Million | CN¥201.98 Million | — |