Jiangxi Chen Guang New Materials Co Ltd (605399) — Working Capital to Net Assets Ratio
Jiangxi Chen Guang New Materials Co Ltd (605399) has a Working Capital to Net Assets ratio of 32.7% as of September 2025. Working capital of CN¥702.06 Million (current assets of CN¥1.28 Billion minus current liabilities of CN¥573.33 Million) is measured against net assets of CN¥2.14 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Jiangxi Chen Guang New Materials Co Ltd's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Jiangxi Chen Guang New Materials Co Ltd Working Capital to Net Assets (2016–2024)
This chart shows how Jiangxi Chen Guang New Materials 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 32.7%, reflecting working capital of CN¥702.06 Million against net assets of CN¥2.14 Billion CNY. Check tangible equity quality of Jiangxi Chen Guang New Materials Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Jiangxi Chen Guang New Materials Co Ltd (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Jiangxi Chen Guang New Materials 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 605399 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 38.1% | CN¥839.17 Million | CN¥2.20 Billion | CN¥1.58 Billion | CN¥742.86 Million | ▼ -12.2 pp |
| 2023 | 50.2% | CN¥1.10 Billion | CN¥2.19 Billion | CN¥1.84 Billion | CN¥740.63 Million | ▼ -22.7 pp |
| 2022 | 72.9% | CN¥1.60 Billion | CN¥2.20 Billion | CN¥1.79 Billion | CN¥191.98 Million | ▼ -5.3 pp |
| 2021 | 78.2% | CN¥1.28 Billion | CN¥1.63 Billion | CN¥1.51 Billion | CN¥229.16 Million | ▲ +3.1 pp |
| 2020 | 75.1% | CN¥852.00 Million | CN¥1.13 Billion | CN¥964.47 Million | CN¥112.47 Million | ▲ +28.6 pp |
| 2019 | 46.5% | CN¥207.51 Million | CN¥446.24 Million | CN¥326.24 Million | CN¥118.74 Million | ▼ 0.0 pp |
| 2018 | 46.5% | CN¥164.94 Million | CN¥354.69 Million | CN¥257.07 Million | CN¥92.13 Million | ▲ +16.6 pp |
| 2017 | 29.9% | CN¥63.15 Million | CN¥211.30 Million | CN¥167.41 Million | CN¥104.26 Million | ▲ +46.2 pp |
| 2016 | -16.3% | CN¥-22.92 Million | CN¥140.19 Million | CN¥128.13 Million | CN¥151.05 Million | — |