China Huarong Asset Management Co. Ltd (CHE) — Working Capital to Net Assets Ratio
China Huarong Asset Management Co. Ltd (CHE) has a Working Capital to Net Assets ratio of 163.7% as of June 2020. Working capital of €275.03 Billion (current assets of €874.44 Billion minus current liabilities of €599.41 Billion) is measured against net assets of €168.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See China Huarong Asset Management Co. Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China Huarong Asset Management Co. Ltd Working Capital to Net Assets (2013–2019)
This chart shows how China Huarong Asset Management Co. Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2013 to 2019. As of June 2020, the ratio stands at 163.7%, reflecting working capital of €275.03 Billion against net assets of €168.03 Billion EUR. See China Huarong Asset Management Co. Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for China Huarong Asset Management Co. Ltd (2013–2019)
The table below presents the year-by-year Working Capital to Net Assets ratio for China Huarong Asset Management Co. Ltd from 2013 to 2019, covering 7 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 China Huarong Asset Management Co. Ltd.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2019 | 148.5% | €242.69 Billion | €163.48 Billion | €888.86 Billion | €646.17 Billion | ▲ +42.7 pp |
| 2018 | 105.8% | €178.32 Billion | €168.60 Billion | €873.04 Billion | €694.72 Billion | ▼ -10.3 pp |
| 2017 | 116.0% | €211.93 Billion | €182.63 Billion | €838.31 Billion | €626.37 Billion | ▼ -29.9 pp |
| 2016 | 145.9% | €219.01 Billion | €150.08 Billion | €646.15 Billion | €427.13 Billion | ▲ +18.6 pp |
| 2015 | 127.4% | €151.30 Billion | €118.80 Billion | €418.65 Billion | €267.35 Billion | ▲ +60.6 pp |
| 2014 | 66.8% | €55.78 Billion | €83.53 Billion | €297.36 Billion | €241.59 Billion | ▼ -75.2 pp |
| 2013 | 142.0% | €74.58 Billion | €52.53 Billion | €231.95 Billion | €157.36 Billion | — |