Wuxi Paike New Materials Technology Co Ltd (605123) — Working Capital to Net Assets Ratio
Wuxi Paike New Materials Technology Co Ltd (605123) has a Working Capital to Net Assets ratio of 62.4% as of September 2025. Working capital of CN¥2.88 Billion (current assets of CN¥5.88 Billion minus current liabilities of CN¥3.00 Billion) is measured against net assets of CN¥4.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 605123 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Wuxi Paike New Materials Technology Co Ltd Working Capital to Net Assets (2016–2024)
This chart shows how Wuxi Paike New Materials Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 62.4%, reflecting working capital of CN¥2.88 Billion against net assets of CN¥4.62 Billion CNY. See operational self-sufficiency of Wuxi Paike New Materials Technology Co L to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Wuxi Paike New Materials Technology Co Ltd (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Wuxi Paike New Materials Technology Co Ltd from 2016 to 2024, covering 9 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 605123 market cap overview.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 63.1% | CN¥2.78 Billion | CN¥4.41 Billion | CN¥5.26 Billion | CN¥2.48 Billion | ▼ -8.9 pp |
| 2023 | 71.9% | CN¥3.09 Billion | CN¥4.29 Billion | CN¥5.12 Billion | CN¥2.03 Billion | ▼ -3.4 pp |
| 2022 | 75.3% | CN¥2.91 Billion | CN¥3.86 Billion | CN¥4.70 Billion | CN¥1.79 Billion | ▲ +8.7 pp |
| 2021 | 66.6% | CN¥1.22 Billion | CN¥1.82 Billion | CN¥2.30 Billion | CN¥1.09 Billion | ▼ -5.1 pp |
| 2020 | 71.7% | CN¥1.13 Billion | CN¥1.58 Billion | CN¥1.84 Billion | CN¥710.04 Million | ▲ +13.5 pp |
| 2019 | 58.2% | CN¥378.75 Million | CN¥651.02 Million | CN¥895.01 Million | CN¥516.26 Million | ▼ -6.1 pp |
| 2018 | 64.3% | CN¥314.63 Million | CN¥489.12 Million | CN¥646.10 Million | CN¥331.47 Million | ▲ +9.7 pp |
| 2017 | 54.7% | CN¥207.78 Million | CN¥380.10 Million | CN¥468.91 Million | CN¥261.13 Million | ▼ -0.8 pp |
| 2016 | 55.5% | CN¥178.37 Million | CN¥321.51 Million | CN¥378.22 Million | CN¥199.85 Million | — |