Guizhou Aviation Technical Development Co Ltd (688239) — Working Capital to Net Assets Ratio
Guizhou Aviation Technical Development Co Ltd (688239) has a Working Capital to Net Assets ratio of 83.3% as of March 2026. Working capital of CN¥1.73 Billion (current assets of CN¥3.45 Billion minus current liabilities of CN¥1.71 Billion) is measured against net assets of CN¥2.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688239 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
Guizhou Aviation Technical Development Co Ltd Working Capital to Net Assets (2013–2025)
This chart shows how Guizhou Aviation Technical Development Co Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 83.3%, reflecting working capital of CN¥1.73 Billion against net assets of CN¥2.08 Billion CNY. For the complete balance sheet picture, see balance sheet size of Guizhou Aviation Technical Development C.
Annual Working Capital to Net Assets for Guizhou Aviation Technical Development Co Ltd (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guizhou Aviation Technical Development Co Ltd from 2013 to 2025, covering 13 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 Guizhou Aviation Technical Development C liquidity 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 | 82.5% | CN¥1.67 Billion | CN¥2.02 Billion | CN¥3.28 Billion | CN¥1.61 Billion | ▼ -10.7 pp |
| 2024 | 93.1% | CN¥1.73 Billion | CN¥1.86 Billion | CN¥2.97 Billion | CN¥1.24 Billion | ▲ +35.9 pp |
| 2023 | 57.2% | CN¥973.94 Million | CN¥1.70 Billion | CN¥2.24 Billion | CN¥1.26 Billion | ▲ +3.7 pp |
| 2022 | 53.5% | CN¥666.47 Million | CN¥1.25 Billion | CN¥1.98 Billion | CN¥1.32 Billion | ▲ +6.2 pp |
| 2021 | 47.3% | CN¥491.88 Million | CN¥1.04 Billion | CN¥1.44 Billion | CN¥950.87 Million | ▼ -12.3 pp |
| 2020 | 59.6% | CN¥329.35 Million | CN¥552.82 Million | CN¥1.06 Billion | CN¥734.97 Million | ▲ +7.3 pp |
| 2019 | 52.2% | CN¥250.82 Million | CN¥480.13 Million | CN¥848.46 Million | CN¥597.64 Million | ▼ -5.3 pp |
| 2018 | 57.6% | CN¥245.48 Million | CN¥426.26 Million | CN¥568.86 Million | CN¥323.37 Million | ▲ +1.6 pp |
| 2017 | 56.0% | CN¥224.84 Million | CN¥401.85 Million | CN¥406.20 Million | CN¥181.36 Million | ▲ +14.5 pp |
| 2016 | 41.5% | CN¥136.03 Million | CN¥327.83 Million | CN¥263.16 Million | CN¥127.13 Million | ▼ -1.0 pp |
| 2015 | 42.5% | CN¥160.52 Million | CN¥377.52 Million | CN¥277.66 Million | CN¥117.13 Million | ▲ +16.6 pp |
| 2014 | 25.9% | CN¥93.35 Million | CN¥360.83 Million | CN¥268.26 Million | CN¥174.91 Million | ▲ +25.2 pp |
| 2013 | 0.7% | CN¥1.84 Million | CN¥273.28 Million | CN¥215.34 Million | CN¥213.49 Million | — |