Beibu Gulf Tourism Corp Ltd (603869) — Working Capital to Net Assets Ratio
Beibu Gulf Tourism Corp Ltd (603869) has a Working Capital to Net Assets ratio of 46.8% as of March 2026. Working capital of CN¥1.76 Billion (current assets of CN¥2.51 Billion minus current liabilities of CN¥740.68 Million) is measured against net assets of CN¥3.77 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Beibu Gulf Tourism Corp Ltd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Beibu Gulf Tourism Corp Ltd Working Capital to Net Assets (2011–2025)
This chart shows how Beibu Gulf Tourism Corp Ltd's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 46.8%, reflecting working capital of CN¥1.76 Billion against net assets of CN¥3.77 Billion CNY. Check 603869 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Beibu Gulf Tourism Corp Ltd (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Beibu Gulf Tourism Corp Ltd from 2011 to 2025, covering 15 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 Beibu Gulf Tourism Corp Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 46.4% | CN¥1.75 Billion | CN¥3.77 Billion | CN¥2.62 Billion | CN¥866.22 Million | ▲ +0.8 pp |
| 2024 | 45.6% | CN¥1.70 Billion | CN¥3.74 Billion | CN¥2.58 Billion | CN¥874.81 Million | ▼ -7.4 pp |
| 2023 | 52.9% | CN¥2.04 Billion | CN¥3.85 Billion | CN¥3.18 Billion | CN¥1.14 Billion | ▼ -6.1 pp |
| 2022 | 59.1% | CN¥2.36 Billion | CN¥4.00 Billion | CN¥3.22 Billion | CN¥860.51 Million | ▼ -1.5 pp |
| 2021 | 60.6% | CN¥2.43 Billion | CN¥4.01 Billion | CN¥3.52 Billion | CN¥1.09 Billion | ▼ -5.1 pp |
| 2020 | 65.7% | CN¥2.62 Billion | CN¥3.99 Billion | CN¥4.80 Billion | CN¥2.18 Billion | ▲ +35.7 pp |
| 2019 | 29.9% | CN¥1.20 Billion | CN¥4.00 Billion | CN¥4.18 Billion | CN¥2.98 Billion | ▼ -8.3 pp |
| 2018 | 38.2% | CN¥1.53 Billion | CN¥4.00 Billion | CN¥4.18 Billion | CN¥2.65 Billion | ▲ +7.2 pp |
| 2017 | 31.0% | CN¥1.18 Billion | CN¥3.79 Billion | CN¥3.33 Billion | CN¥2.16 Billion | ▼ -20.0 pp |
| 2016 | 51.1% | CN¥1.84 Billion | CN¥3.61 Billion | CN¥3.23 Billion | CN¥1.38 Billion | ▲ +24.3 pp |
| 2015 | 26.8% | CN¥206.88 Million | CN¥771.97 Million | CN¥338.91 Million | CN¥132.03 Million | ▲ +21.8 pp |
| 2014 | 5.0% | CN¥23.48 Million | CN¥466.08 Million | CN¥109.36 Million | CN¥85.87 Million | ▼ -13.8 pp |
| 2013 | 18.9% | CN¥81.27 Million | CN¥430.40 Million | CN¥177.76 Million | CN¥96.49 Million | ▲ +33.1 pp |
| 2012 | -14.2% | CN¥-55.38 Million | CN¥388.70 Million | CN¥123.34 Million | CN¥178.72 Million | ▼ -2.7 pp |
| 2011 | -11.5% | CN¥-40.65 Million | CN¥352.04 Million | CN¥90.75 Million | CN¥131.40 Million | — |