Shenzhen Sunxing Light Alloys (603978) — Working Capital to Net Assets Ratio
Shenzhen Sunxing Light Alloys (603978) has a Working Capital to Net Assets ratio of 31.8% as of September 2025. Working capital of CN¥530.90 Million (current assets of CN¥2.39 Billion minus current liabilities of CN¥1.86 Billion) is measured against net assets of CN¥1.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shenzhen Sunxing Light Alloys balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shenzhen Sunxing Light Alloys Working Capital to Net Assets (2012–2024)
This chart shows how Shenzhen Sunxing Light Alloys's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 31.8%, reflecting working capital of CN¥530.90 Million against net assets of CN¥1.67 Billion CNY. Check Shenzhen Sunxing Light Alloys tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shenzhen Sunxing Light Alloys (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shenzhen Sunxing Light Alloys from 2012 to 2024, covering 13 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 market cap of Shenzhen Sunxing Light Alloys.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 22.7% | CN¥393.47 Million | CN¥1.73 Billion | CN¥2.05 Billion | CN¥1.66 Billion | ▼ -13.4 pp |
| 2023 | 36.1% | CN¥576.90 Million | CN¥1.60 Billion | CN¥1.64 Billion | CN¥1.06 Billion | ▼ -10.3 pp |
| 2022 | 46.4% | CN¥803.70 Million | CN¥1.73 Billion | CN¥1.60 Billion | CN¥800.17 Million | ▼ -6.9 pp |
| 2021 | 53.2% | CN¥952.59 Million | CN¥1.79 Billion | CN¥1.43 Billion | CN¥476.75 Million | ▼ -9.2 pp |
| 2020 | 62.5% | CN¥1.04 Billion | CN¥1.67 Billion | CN¥1.47 Billion | CN¥429.56 Million | ▲ +41.8 pp |
| 2019 | 20.7% | CN¥311.75 Million | CN¥1.51 Billion | CN¥889.42 Million | CN¥577.67 Million | ▼ -13.8 pp |
| 2018 | 34.5% | CN¥486.59 Million | CN¥1.41 Billion | CN¥952.28 Million | CN¥465.69 Million | ▼ -22.2 pp |
| 2017 | 56.7% | CN¥747.50 Million | CN¥1.32 Billion | CN¥982.81 Million | CN¥235.31 Million | ▲ +23.1 pp |
| 2016 | 33.6% | CN¥222.38 Million | CN¥662.80 Million | CN¥460.00 Million | CN¥237.62 Million | ▲ +4.1 pp |
| 2015 | 29.5% | CN¥156.32 Million | CN¥530.03 Million | CN¥315.94 Million | CN¥159.62 Million | ▼ -4.3 pp |
| 2014 | 33.8% | CN¥151.38 Million | CN¥447.31 Million | CN¥296.72 Million | CN¥145.33 Million | ▼ -9.5 pp |
| 2013 | 43.3% | CN¥163.81 Million | CN¥378.12 Million | CN¥293.49 Million | CN¥129.68 Million | ▲ +5.5 pp |
| 2012 | 37.8% | CN¥111.12 Million | CN¥294.06 Million | CN¥219.59 Million | CN¥108.47 Million | — |