Xiangyang Changyuan Donggu Industry Co Ltd (603950) — Working Capital to Net Assets Ratio
Xiangyang Changyuan Donggu Industry Co Ltd (603950) has a Working Capital to Net Assets ratio of 19.3% as of March 2026. Working capital of CN¥600.28 Million (current assets of CN¥2.67 Billion minus current liabilities of CN¥2.07 Billion) is measured against net assets of CN¥3.12 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Xiangyang Changyuan Donggu Industry Co L (603950) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Xiangyang Changyuan Donggu Industry Co Ltd Working Capital to Net Assets (2015–2025)
This chart shows how Xiangyang Changyuan Donggu Industry Co Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 19.3%, reflecting working capital of CN¥600.28 Million against net assets of CN¥3.12 Billion CNY. For the complete balance sheet picture, see 603950 total asset value.
Annual Working Capital to Net Assets for Xiangyang Changyuan Donggu Industry Co Ltd (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Xiangyang Changyuan Donggu Industry Co Ltd from 2015 to 2025, 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. Check asset resilience ratio of Xiangyang Changyuan Donggu Industry Co L to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 16.8% | CN¥507.98 Million | CN¥3.03 Billion | CN¥2.51 Billion | CN¥2.00 Billion | ▼ -8.1 pp |
| 2024 | 24.8% | CN¥672.85 Million | CN¥2.71 Billion | CN¥2.18 Billion | CN¥1.51 Billion | ▼ -7.0 pp |
| 2023 | 31.8% | CN¥794.96 Million | CN¥2.50 Billion | CN¥1.72 Billion | CN¥922.97 Million | ▲ +0.3 pp |
| 2022 | 31.5% | CN¥718.78 Million | CN¥2.28 Billion | CN¥1.79 Billion | CN¥1.07 Billion | ▼ -11.5 pp |
| 2021 | 43.0% | CN¥975.65 Million | CN¥2.27 Billion | CN¥1.70 Billion | CN¥722.97 Million | ▼ -1.3 pp |
| 2020 | 44.3% | CN¥903.59 Million | CN¥2.04 Billion | CN¥1.82 Billion | CN¥911.63 Million | ▲ +12.9 pp |
| 2019 | 31.3% | CN¥349.10 Million | CN¥1.11 Billion | CN¥1.13 Billion | CN¥776.42 Million | ▼ -0.1 pp |
| 2018 | 31.4% | CN¥264.58 Million | CN¥841.35 Million | CN¥1.29 Billion | CN¥1.03 Billion | ▼ -33.3 pp |
| 2017 | 64.8% | CN¥492.02 Million | CN¥759.87 Million | CN¥1.03 Billion | CN¥539.94 Million | ▲ +35.4 pp |
| 2016 | 29.3% | CN¥199.13 Million | CN¥679.39 Million | CN¥640.65 Million | CN¥441.52 Million | ▲ +41.9 pp |
| 2015 | -12.6% | CN¥-72.51 Million | CN¥577.08 Million | CN¥424.66 Million | CN¥497.17 Million | — |