China High-Speed Railway Technology (000008) — Working Capital to Net Assets Ratio
China High-Speed Railway Technology (000008) has a Working Capital to Net Assets ratio of -58.0% as of June 2026. Working capital of CN¥-1.29 Billion (current assets of CN¥3.48 Billion minus current liabilities of CN¥4.77 Billion) is measured against net assets of CN¥2.22 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 000008 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China High-Speed Railway Technology Working Capital to Net Assets (1992–2025)
This chart shows how China High-Speed Railway Technology's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1992 to 2025. As of June 2026, the ratio stands at -58.0%, reflecting working capital of CN¥-1.29 Billion against net assets of CN¥2.22 Billion CNY. For the complete balance sheet picture, see 000008 current and non-current assets.
Annual Working Capital to Net Assets for China High-Speed Railway Technology (1992–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for China High-Speed Railway Technology from 1992 to 2025, covering 34 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 000008 asset liquidity ratio 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 | -16.2% | CN¥-368.86 Million | CN¥2.28 Billion | CN¥4.06 Billion | CN¥4.43 Billion | ▲ +14.8 pp |
| 2024 | -31.0% | CN¥-964.46 Million | CN¥3.11 Billion | CN¥4.45 Billion | CN¥5.42 Billion | ▲ +11.4 pp |
| 2023 | -42.4% | CN¥-1.55 Billion | CN¥3.65 Billion | CN¥4.87 Billion | CN¥6.42 Billion | ▼ -23.9 pp |
| 2022 | -18.5% | CN¥-830.96 Million | CN¥4.48 Billion | CN¥5.06 Billion | CN¥5.89 Billion | ▼ -29.3 pp |
| 2021 | 10.7% | CN¥571.16 Million | CN¥5.34 Billion | CN¥6.11 Billion | CN¥5.54 Billion | ▼ -13.2 pp |
| 2020 | 23.9% | CN¥1.59 Billion | CN¥6.67 Billion | CN¥6.18 Billion | CN¥4.59 Billion | ▼ -9.3 pp |
| 2019 | 33.2% | CN¥2.52 Billion | CN¥7.58 Billion | CN¥6.62 Billion | CN¥4.10 Billion | ▼ -5.4 pp |
| 2018 | 38.6% | CN¥2.86 Billion | CN¥7.40 Billion | CN¥5.63 Billion | CN¥2.77 Billion | ▼ -3.8 pp |
| 2017 | 42.5% | CN¥3.05 Billion | CN¥7.19 Billion | CN¥6.48 Billion | CN¥3.43 Billion | ▲ +2.8 pp |
| 2016 | 39.7% | CN¥2.45 Billion | CN¥6.17 Billion | CN¥4.42 Billion | CN¥1.97 Billion | ▲ +4.5 pp |
| 2015 | 35.1% | CN¥1.02 Billion | CN¥2.91 Billion | CN¥1.65 Billion | CN¥631.55 Million | ▲ +8.4 pp |
| 2014 | 26.7% | CN¥159.73 Million | CN¥598.35 Million | CN¥234.71 Million | CN¥74.98 Million | ▲ +0.8 pp |
| 2013 | 25.9% | CN¥145.75 Million | CN¥563.58 Million | CN¥208.79 Million | CN¥63.04 Million | ▲ +9.7 pp |
| 2012 | 16.2% | CN¥87.65 Million | CN¥540.83 Million | CN¥160.65 Million | CN¥73.00 Million | ▼ -41.5 pp |
| 2011 | 57.7% | CN¥42.59 Million | CN¥73.86 Million | CN¥45.97 Million | CN¥3.38 Million | ▲ +1.9 pp |
| 2010 | 55.8% | CN¥41.42 Million | CN¥74.22 Million | CN¥45.14 Million | CN¥3.72 Million | ▲ +2.2 pp |
| 2009 | 53.6% | CN¥39.29 Million | CN¥73.33 Million | CN¥45.37 Million | CN¥6.08 Million | ▲ +1.8 pp |
| 2008 | 51.8% | CN¥38.32 Million | CN¥73.96 Million | CN¥43.27 Million | CN¥4.95 Million | ▲ +2.8 pp |
| 2007 | 49.0% | CN¥35.85 Million | CN¥73.21 Million | CN¥41.73 Million | CN¥5.88 Million | ▲ +3.0 pp |
| 2006 | 46.0% | CN¥32.91 Million | CN¥71.53 Million | CN¥38.22 Million | CN¥5.31 Million | ▲ +41.9 pp |
| 2005 | 4.1% | CN¥2.78 Million | CN¥68.04 Million | CN¥25.39 Million | CN¥22.60 Million | ▼ -38.4 pp |
| 2004 | 42.5% | CN¥30.95 Million | CN¥72.85 Million | CN¥48.90 Million | CN¥17.94 Million | ▲ +131.1 pp |
| 2003 | -88.6% | CN¥-27.07 Million | CN¥30.56 Million | CN¥2.82 Million | CN¥29.90 Million | ▼ -395.4 pp |
| 2002 | 306.8% | CN¥-100.27 Million | CN¥-32.69 Million | CN¥3.03 Million | CN¥103.30 Million | ▼ -15.3 pp |
| 2001 | 322.1% | CN¥-111.39 Million | CN¥-34.58 Million | CN¥30.79 Million | CN¥142.18 Million | ▲ +356.2 pp |
| 2000 | -34.1% | CN¥-42.32 Million | CN¥124.20 Million | CN¥124.31 Million | CN¥166.63 Million | ▲ +10.4 pp |
| 1999 | -44.4% | CN¥-43.79 Million | CN¥98.54 Million | CN¥93.83 Million | CN¥137.62 Million | ▲ +75.4 pp |
| 1998 | -119.9% | CN¥-107.74 Million | CN¥89.89 Million | CN¥84.93 Million | CN¥192.67 Million | ▼ -90.1 pp |
| 1997 | -29.7% | CN¥-45.34 Million | CN¥152.51 Million | CN¥121.17 Million | CN¥166.51 Million | ▼ -14.9 pp |
| 1996 | -14.8% | CN¥-21.40 Million | CN¥144.58 Million | CN¥75.03 Million | CN¥96.44 Million | ▼ -8.5 pp |
| 1995 | -6.3% | CN¥-10.24 Million | CN¥161.76 Million | CN¥75.47 Million | CN¥85.71 Million | ▼ -29.4 pp |
| 1994 | 23.0% | CN¥37.29 Million | CN¥161.88 Million | CN¥131.68 Million | CN¥94.39 Million | ▲ +22.3 pp |
| 1993 | 0.8% | CN¥1.07 Million | CN¥135.61 Million | CN¥106.33 Million | CN¥105.26 Million | ▲ +43.8 pp |
| 1992 | -43.0% | CN¥-21.08 Million | CN¥48.98 Million | CN¥38.21 Million | CN¥59.29 Million | — |