Han Chang Pape (009460) — Working Capital to Net Assets Ratio
Han Chang Pape (009460) has a Working Capital to Net Assets ratio of -48.3% as of September 2025. Working capital of ₩-42.93 Billion (current assets of ₩110.88 Billion minus current liabilities of ₩153.81 Billion) is measured against net assets of ₩88.89 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Han Chang Pape liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Han Chang Pape Working Capital to Net Assets (2013–2024)
This chart shows how Han Chang Pape's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at -48.3%, reflecting working capital of ₩-42.93 Billion against net assets of ₩88.89 Billion KRW. For the complete balance sheet picture, see 009460 total asset value.
Annual Working Capital to Net Assets for Han Chang Pape (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Han Chang Pape from 2013 to 2024, covering 12 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 009460 financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (KRW) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -43.1% | ₩-40.65 Billion | ₩94.38 Billion | ₩100.72 Billion | ₩141.37 Billion | ▼ -16.4 pp |
| 2023 | -26.7% | ₩-24.29 Billion | ₩91.04 Billion | ₩108.41 Billion | ₩132.70 Billion | ▼ -32.6 pp |
| 2022 | 5.9% | ₩6.48 Billion | ₩110.43 Billion | ₩103.71 Billion | ₩97.23 Billion | ▼ -48.1 pp |
| 2021 | 53.9% | ₩58.54 Billion | ₩108.55 Billion | ₩122.05 Billion | ₩63.51 Billion | ▲ +24.6 pp |
| 2020 | 29.4% | ₩27.83 Billion | ₩94.71 Billion | ₩92.69 Billion | ₩64.86 Billion | ▼ -5.7 pp |
| 2019 | 35.1% | ₩30.12 Billion | ₩85.94 Billion | ₩90.97 Billion | ₩60.85 Billion | ▼ -1.7 pp |
| 2018 | 36.8% | ₩28.34 Billion | ₩77.05 Billion | ₩75.13 Billion | ₩46.79 Billion | ▲ +23.2 pp |
| 2017 | 13.5% | ₩9.51 Billion | ₩70.24 Billion | ₩70.75 Billion | ₩61.24 Billion | ▼ -49.7 pp |
| 2016 | 63.3% | ₩37.14 Billion | ₩58.71 Billion | ₩73.79 Billion | ₩36.65 Billion | ▲ +131.1 pp |
| 2015 | -67.8% | ₩-28.92 Billion | ₩42.64 Billion | ₩61.97 Billion | ₩90.89 Billion | ▼ -105.2 pp |
| 2014 | 37.4% | ₩14.71 Billion | ₩39.33 Billion | ₩58.04 Billion | ₩43.34 Billion | ▲ +137.4 pp |
| 2013 | -100.0% | ₩-37.13 Billion | ₩37.12 Billion | ₩70.82 Billion | ₩107.95 Billion | — |