Hunan Baili Engineering Sci (603959) — Working Capital to Net Assets Ratio
Hunan Baili Engineering Sci (603959) has a Working Capital to Net Assets ratio of 970.5% as of June 2026. Working capital of CN¥-708.73 Million (current assets of CN¥1.23 Billion minus current liabilities of CN¥1.93 Billion) is measured against net assets of CN¥-73.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hunan Baili Engineering Sci liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hunan Baili Engineering Sci Working Capital to Net Assets (2011–2025)
This chart shows how Hunan Baili Engineering Sci's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 970.5%, reflecting working capital of CN¥-708.73 Million against net assets of CN¥-73.03 Million CNY. For the complete balance sheet picture, see Hunan Baili Engineering Sci asset portfolio.
Annual Working Capital to Net Assets for Hunan Baili Engineering Sci (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hunan Baili Engineering Sci 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. Check Hunan Baili Engineering Sci liquid asset ratio 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 | -828.5% | CN¥-568.31 Million | CN¥68.59 Million | CN¥1.60 Billion | CN¥2.16 Billion | ▼ -532.7 pp |
| 2024 | -295.9% | CN¥-467.25 Million | CN¥157.93 Million | CN¥2.16 Billion | CN¥2.62 Billion | ▼ -267.3 pp |
| 2023 | -28.6% | CN¥-171.08 Million | CN¥598.98 Million | CN¥3.25 Billion | CN¥3.42 Billion | ▼ -6.8 pp |
| 2022 | -21.7% | CN¥-155.93 Million | CN¥717.16 Million | CN¥3.42 Billion | CN¥3.58 Billion | ▼ -0.5 pp |
| 2021 | -21.3% | CN¥-144.02 Million | CN¥676.90 Million | CN¥2.37 Billion | CN¥2.52 Billion | ▲ +2.5 pp |
| 2020 | -23.7% | CN¥-151.54 Million | CN¥638.09 Million | CN¥1.98 Billion | CN¥2.14 Billion | ▲ +28.8 pp |
| 2019 | -52.6% | CN¥-241.03 Million | CN¥458.50 Million | CN¥2.04 Billion | CN¥2.28 Billion | ▼ -84.3 pp |
| 2018 | 31.8% | CN¥351.76 Million | CN¥1.11 Billion | CN¥1.84 Billion | CN¥1.48 Billion | ▼ -48.0 pp |
| 2017 | 79.8% | CN¥764.99 Million | CN¥958.50 Million | CN¥1.95 Billion | CN¥1.19 Billion | ▼ -24.2 pp |
| 2016 | 104.0% | CN¥910.12 Million | CN¥875.30 Million | CN¥1.73 Billion | CN¥816.86 Million | ▼ -12.0 pp |
| 2015 | 116.0% | CN¥534.61 Million | CN¥460.99 Million | CN¥1.04 Billion | CN¥500.99 Million | ▲ +28.3 pp |
| 2014 | 87.7% | CN¥338.51 Million | CN¥386.12 Million | CN¥974.69 Million | CN¥636.18 Million | ▲ +29.5 pp |
| 2013 | 58.1% | CN¥192.67 Million | CN¥331.43 Million | CN¥661.54 Million | CN¥468.87 Million | ▲ +8.7 pp |
| 2012 | 49.5% | CN¥130.52 Million | CN¥263.86 Million | CN¥543.44 Million | CN¥412.93 Million | ▼ -18.7 pp |
| 2011 | 68.2% | CN¥111.76 Million | CN¥163.93 Million | CN¥225.63 Million | CN¥113.87 Million | — |