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 009460 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
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. See how many days can Han Chang Pape fund operations to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see Han Chang Pape (009460) market capitalisation.
| 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 | — |