Chongqing Sifang New Material Co. Ltd. (605122) — 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. See debt-free asset ratio of Chongqing Sifang New Material Co. Ltd. to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Chongqing Sifang New Material Co. Ltd. Working Capital to Net Assets (2019–2024)
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. Check Chongqing Sifang New Material Co. Ltd. (605122) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Chongqing Sifang New Material Co. Ltd. (2019–2024)
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 live market cap and the full company profile, see Chongqing Sifang New Material Co. Ltd. market capitalisation.
| 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 | — |