Cansino Biologics Inc (688185) — Working Capital to Net Assets Ratio
Cansino Biologics Inc (688185) has a Working Capital to Net Assets ratio of 22.8% as of December 2025. Working capital of CN¥2.76 Billion (current assets of CN¥3.84 Billion minus current liabilities of CN¥1.08 Billion) is measured against net assets of CN¥12.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Cansino Biologics Inc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cansino Biologics Inc Working Capital to Net Assets (2016–2025)
This chart shows how Cansino Biologics Inc's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 22.8%, reflecting working capital of CN¥2.76 Billion against net assets of CN¥12.11 Billion CNY. See 688185 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Cansino Biologics Inc (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cansino Biologics Inc 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. For live market cap and the full company profile, see market value of Cansino Biologics Inc.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 22.8% | CN¥2.76 Billion | CN¥12.11 Billion | CN¥3.84 Billion | CN¥1.08 Billion | ▼ -28.3 pp |
| 2024 | 51.1% | CN¥2.51 Billion | CN¥4.92 Billion | CN¥4.28 Billion | CN¥1.77 Billion | ▲ +1.6 pp |
| 2023 | 49.5% | CN¥2.62 Billion | CN¥5.29 Billion | CN¥5.18 Billion | CN¥2.57 Billion | ▼ -16.6 pp |
| 2022 | 66.1% | CN¥4.79 Billion | CN¥7.25 Billion | CN¥7.73 Billion | CN¥2.94 Billion | ▼ -9.0 pp |
| 2021 | 75.0% | CN¥6.41 Billion | CN¥8.55 Billion | CN¥9.29 Billion | CN¥2.87 Billion | ▼ -7.5 pp |
| 2020 | 82.5% | CN¥5.01 Billion | CN¥6.07 Billion | CN¥5.42 Billion | CN¥409.47 Million | ▲ +37.0 pp |
| 2019 | 45.6% | CN¥669.95 Million | CN¥1.47 Billion | CN¥794.25 Million | CN¥124.30 Million | ▲ +22.8 pp |
| 2018 | 22.8% | CN¥114.32 Million | CN¥502.32 Million | CN¥221.00 Million | CN¥106.69 Million | ▼ -28.9 pp |
| 2017 | 51.7% | CN¥313.99 Million | CN¥607.33 Million | CN¥426.92 Million | CN¥112.93 Million | ▼ -4.0 pp |
| 2016 | 55.7% | CN¥119.45 Million | CN¥214.47 Million | CN¥146.81 Million | CN¥27.36 Million | — |