Tianjin Silvery Dragon (603969) — Working Capital to Net Assets Ratio
Tianjin Silvery Dragon (603969) has a Working Capital to Net Assets ratio of 78.6% as of September 2025. Working capital of CN¥2.12 Billion (current assets of CN¥3.69 Billion minus current liabilities of CN¥1.57 Billion) is measured against net assets of CN¥2.70 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tianjin Silvery Dragon (603969) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tianjin Silvery Dragon Working Capital to Net Assets (2011–2024)
This chart shows how Tianjin Silvery Dragon'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 78.6%, reflecting working capital of CN¥2.12 Billion against net assets of CN¥2.70 Billion CNY. Check how tangible is Tianjin Silvery Dragon's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tianjin Silvery Dragon (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tianjin Silvery Dragon 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 Tianjin Silvery Dragon market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 81.1% | CN¥2.00 Billion | CN¥2.47 Billion | CN¥3.13 Billion | CN¥1.13 Billion | ▲ +10.5 pp |
| 2023 | 70.6% | CN¥1.61 Billion | CN¥2.28 Billion | CN¥2.68 Billion | CN¥1.07 Billion | ▼ -1.6 pp |
| 2022 | 72.2% | CN¥1.53 Billion | CN¥2.12 Billion | CN¥2.59 Billion | CN¥1.06 Billion | ▼ -2.4 pp |
| 2021 | 74.6% | CN¥1.50 Billion | CN¥2.01 Billion | CN¥2.50 Billion | CN¥1.00 Billion | ▲ +5.2 pp |
| 2020 | 69.4% | CN¥1.33 Billion | CN¥1.92 Billion | CN¥2.10 Billion | CN¥764.11 Million | ▲ +0.6 pp |
| 2019 | 68.8% | CN¥1.27 Billion | CN¥1.84 Billion | CN¥2.48 Billion | CN¥1.22 Billion | ▲ +3.8 pp |
| 2018 | 65.0% | CN¥1.13 Billion | CN¥1.74 Billion | CN¥2.06 Billion | CN¥925.67 Million | ▼ -5.3 pp |
| 2017 | 70.3% | CN¥1.15 Billion | CN¥1.64 Billion | CN¥1.62 Billion | CN¥471.29 Million | ▼ -2.9 pp |
| 2016 | 73.3% | CN¥1.18 Billion | CN¥1.61 Billion | CN¥1.29 Billion | CN¥115.53 Million | ▼ -2.3 pp |
| 2015 | 75.6% | CN¥1.15 Billion | CN¥1.52 Billion | CN¥1.21 Billion | CN¥58.87 Million | ▲ +13.5 pp |
| 2014 | 62.1% | CN¥485.39 Million | CN¥781.88 Million | CN¥936.79 Million | CN¥451.40 Million | ▼ -1.5 pp |
| 2013 | 63.6% | CN¥413.74 Million | CN¥650.84 Million | CN¥902.53 Million | CN¥488.79 Million | ▼ -4.1 pp |
| 2012 | 67.7% | CN¥370.03 Million | CN¥546.98 Million | CN¥811.09 Million | CN¥441.06 Million | ▲ +0.5 pp |
| 2011 | 67.1% | CN¥325.55 Million | CN¥484.83 Million | CN¥634.08 Million | CN¥308.53 Million | — |