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 605399 days of operational coverage to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see Jiangxi Chen Guang New Materials Co Ltd balance sheet assets.
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. Check Jiangxi Chen Guang New Materials Co Ltd asset resilience 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 | 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 | — |