Ningbo Tip Rubber Technology Co Ltd (605255) — Working Capital to Net Assets Ratio
Ningbo Tip Rubber Technology Co Ltd (605255) has a Working Capital to Net Assets ratio of 34.3% as of September 2025. Working capital of CN¥276.97 Million (current assets of CN¥329.70 Million minus current liabilities of CN¥52.73 Million) is measured against net assets of CN¥806.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 605255 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
Ningbo Tip Rubber Technology Co Ltd Working Capital to Net Assets (2016–2024)
This chart shows how Ningbo Tip Rubber 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 34.3%, reflecting working capital of CN¥276.97 Million against net assets of CN¥806.92 Million CNY. For the complete balance sheet picture, see 605255 total asset value.
Annual Working Capital to Net Assets for Ningbo Tip Rubber Technology Co Ltd (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningbo Tip Rubber 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. Check 605255 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 31.7% | CN¥258.99 Million | CN¥817.18 Million | CN¥308.88 Million | CN¥49.88 Million | ▲ +2.9 pp |
| 2023 | 28.8% | CN¥242.88 Million | CN¥843.09 Million | CN¥295.73 Million | CN¥52.85 Million | ▲ +2.6 pp |
| 2022 | 26.2% | CN¥220.73 Million | CN¥841.97 Million | CN¥283.33 Million | CN¥62.60 Million | ▼ -3.8 pp |
| 2021 | 30.1% | CN¥263.34 Million | CN¥876.01 Million | CN¥401.36 Million | CN¥138.02 Million | ▼ -20.7 pp |
| 2020 | 50.7% | CN¥474.96 Million | CN¥936.48 Million | CN¥570.57 Million | CN¥95.61 Million | ▲ +26.4 pp |
| 2019 | 24.3% | CN¥124.47 Million | CN¥511.65 Million | CN¥201.49 Million | CN¥77.02 Million | ▼ -15.0 pp |
| 2018 | 39.3% | CN¥170.56 Million | CN¥433.58 Million | CN¥212.09 Million | CN¥41.53 Million | ▲ +3.5 pp |
| 2017 | 35.9% | CN¥145.82 Million | CN¥406.34 Million | CN¥274.92 Million | CN¥129.11 Million | ▼ -6.1 pp |
| 2016 | 42.0% | CN¥181.74 Million | CN¥432.98 Million | CN¥247.98 Million | CN¥66.24 Million | — |