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 57.9% as of March 2026. Working capital of CN¥2.70 Billion (current assets of CN¥5.97 Billion minus current liabilities of CN¥3.27 Billion) is measured against net assets of CN¥4.66 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 605123 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Wuxi Paike New Materials Technology Co Ltd Working Capital to Net Assets (2016–2025)
This chart shows how Wuxi Paike New Materials Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 57.9%, reflecting working capital of CN¥2.70 Billion against net assets of CN¥4.66 Billion CNY. For the complete balance sheet picture, see balance sheet size of Wuxi Paike New Materials Technology Co L.
Annual Working Capital to Net Assets for Wuxi Paike New Materials Technology Co Ltd (2016–2025)
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 2025, covering 10 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. Check Wuxi Paike New Materials Technology Co L (605123) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 61.0% | CN¥2.79 Billion | CN¥4.57 Billion | CN¥5.73 Billion | CN¥2.94 Billion | ▼ -2.0 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 | — |