Shengli Oil & Gas Pipe Holdings Limited (GSG) — Working Capital to Net Assets Ratio
Shengli Oil & Gas Pipe Holdings Limited (GSG) has a Working Capital to Net Assets ratio of -5.5% as of December 2025. Working capital of €-20.68 Million (current assets of €520.04 Million minus current liabilities of €540.72 Million) is measured against net assets of €378.99 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GSG defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shengli Oil & Gas Pipe Holdings Limited Working Capital to Net Assets (2013–2025)
This chart shows how Shengli Oil & Gas Pipe Holdings Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at -5.5%, reflecting working capital of €-20.68 Million against net assets of €378.99 Million EUR. For the complete balance sheet picture, see total assets of Shengli Oil & Gas Pipe Holdings Limited.
Annual Working Capital to Net Assets for Shengli Oil & Gas Pipe Holdings Limited (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shengli Oil & Gas Pipe Holdings Limited 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. Explore Shengli Oil & Gas Pipe Holdings Limited long-term investment allocation to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -5.5% | €-20.68 Million | €378.99 Million | €520.04 Million | €540.72 Million | ▼ -1.9 pp |
| 2024 | -3.6% | €-15.36 Million | €427.33 Million | €514.76 Million | €530.12 Million | ▼ -7.3 pp |
| 2023 | 3.7% | €18.87 Million | €503.43 Million | €504.22 Million | €485.36 Million | ▲ +7.6 pp |
| 2022 | -3.8% | €-22.92 Million | €602.59 Million | €527.31 Million | €550.23 Million | ▲ +40.7 pp |
| 2021 | -44.5% | €-279.04 Million | €627.47 Million | €1.01 Billion | €1.29 Billion | ▼ -4.9 pp |
| 2020 | -39.5% | €-339.06 Million | €857.76 Million | €1.04 Billion | €1.38 Billion | ▼ -35.8 pp |
| 2019 | -3.7% | €-46.01 Million | €1.24 Billion | €1.11 Billion | €1.16 Billion | ▲ +11.0 pp |
| 2018 | -14.7% | €-208.38 Million | €1.42 Billion | €1.02 Billion | €1.22 Billion | ▲ +4.5 pp |
| 2017 | -19.1% | €-279.57 Million | €1.46 Billion | €969.85 Million | €1.25 Billion | ▼ -44.5 pp |
| 2016 | 25.4% | €449.44 Million | €1.77 Billion | €1.93 Billion | €1.48 Billion | ▼ -0.3 pp |
| 2015 | 25.7% | €478.38 Million | €1.86 Billion | €2.00 Billion | €1.52 Billion | ▼ -15.7 pp |
| 2014 | 41.4% | €907.13 Million | €2.19 Billion | €2.43 Billion | €1.52 Billion | ▲ +14.2 pp |
| 2013 | 27.2% | €637.26 Million | €2.34 Billion | €2.54 Billion | €1.90 Billion | — |