Chongqing Sifang New Material Co. Ltd. Working Capital to Net Assets Ratio
Chongqing Sifang New Material Co. Ltd. working capital to net assets ratio. Chongqing Sifang New Material Co. Ltd. (605122) has a Working Capital to Net Assets ratio of 56.2% as of June 2025. Working capital of CN¥1.13 Billion (current assets of CN¥2.62 Billion minus current liabilities of CN¥1.49 Billion) is measured against net assets of CN¥2.02 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Chongqing Sifang New Material Co. Ltd. (2019–2024)
Working capital to net assets ratio of Chongqing Sifang New Material Co. Ltd. from 2019 to 2024. This chart shows how Chongqing Sifang New Material Co. Ltd.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 56.2%, reflecting working capital of CN¥1.13 Billion against net assets of CN¥2.02 Billion CNY. See how many days can Chongqing Sifang New Material Co. Ltd. fund operations to measure how many days the company can operate on defensive assets alone.
Chongqing Sifang New Material Co. Ltd. Working Capital to Net Assets Ratio by Year (2019–2024)
Chongqing Sifang New Material Co. Ltd. working capital to net assets ratio by year from 2019 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Chongqing Sifang New Material Co. Ltd. from 2019 to 2024, covering 6 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 the complete balance sheet picture, see Chongqing Sifang New Material Co. Ltd. balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 54.0% | CN¥1.10 Billion | CN¥2.04 Billion | CN¥2.72 Billion | CN¥1.62 Billion | ▼ -2.3 pp |
| 2023 | 56.4% | CN¥1.25 Billion | CN¥2.22 Billion | CN¥3.13 Billion | CN¥1.87 Billion | ▼ -4.1 pp |
| 2022 | 60.5% | CN¥1.34 Billion | CN¥2.21 Billion | CN¥2.96 Billion | CN¥1.62 Billion | ▼ -16.8 pp |
| 2021 | 77.3% | CN¥1.80 Billion | CN¥2.32 Billion | CN¥2.67 Billion | CN¥868.84 Million | ▲ +7.0 pp |
| 2020 | 70.3% | CN¥717.65 Million | CN¥1.02 Billion | CN¥1.62 Billion | CN¥899.42 Million | ▲ +21.5 pp |
| 2019 | 48.8% | CN¥378.16 Million | CN¥774.49 Million | CN¥1.54 Billion | CN¥1.17 Billion | — |