Shenzhen Zhongheng Huafa Co Ltd Class A (000020) — Working Capital to Net Assets Ratio
Shenzhen Zhongheng Huafa Co Ltd Class A (000020) has a Working Capital to Net Assets ratio of 43.6% as of September 2025. Working capital of CN¥185.43 Million (current assets of CN¥508.30 Million minus current liabilities of CN¥322.87 Million) is measured against net assets of CN¥424.93 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Shenzhen Zhongheng Huafa Co Ltd Class A to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shenzhen Zhongheng Huafa Co Ltd Class A Working Capital to Net Assets (1991–2024)
This chart shows how Shenzhen Zhongheng Huafa Co Ltd Class A's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1991 to 2024. As of September 2025, the ratio stands at 43.6%, reflecting working capital of CN¥185.43 Million against net assets of CN¥424.93 Million CNY. Check 000020 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shenzhen Zhongheng Huafa Co Ltd Class A (1991–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shenzhen Zhongheng Huafa Co Ltd Class A from 1991 to 2024, 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. For live market cap and the full company profile, see Shenzhen Zhongheng Huafa Co Ltd Class A (000020) total market value.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 39.4% | CN¥158.96 Million | CN¥403.66 Million | CN¥429.70 Million | CN¥270.74 Million | ▲ +5.0 pp |
| 2023 | 34.4% | CN¥126.24 Million | CN¥366.92 Million | CN¥327.25 Million | CN¥201.01 Million | ▼ -6.1 pp |
| 2022 | 40.5% | CN¥143.08 Million | CN¥353.58 Million | CN¥345.33 Million | CN¥202.25 Million | ▲ +21.7 pp |
| 2021 | 18.7% | CN¥64.36 Million | CN¥343.45 Million | CN¥376.36 Million | CN¥312.00 Million | ▼ -14.4 pp |
| 2020 | 33.1% | CN¥111.44 Million | CN¥336.25 Million | CN¥337.86 Million | CN¥226.42 Million | ▲ +0.6 pp |
| 2019 | 32.6% | CN¥107.33 Million | CN¥329.43 Million | CN¥316.67 Million | CN¥209.34 Million | ▲ +24.2 pp |
| 2018 | 8.4% | CN¥27.19 Million | CN¥323.97 Million | CN¥320.25 Million | CN¥293.06 Million | ▼ -3.8 pp |
| 2017 | 12.2% | CN¥39.08 Million | CN¥320.67 Million | CN¥348.11 Million | CN¥309.03 Million | ▼ -0.2 pp |
| 2016 | 12.4% | CN¥39.56 Million | CN¥319.70 Million | CN¥349.73 Million | CN¥310.17 Million | ▼ -204.2 pp |
| 2015 | 216.6% | CN¥674.38 Million | CN¥311.41 Million | CN¥960.76 Million | CN¥286.38 Million | ▲ +5.3 pp |
| 2014 | 211.3% | CN¥594.39 Million | CN¥281.35 Million | CN¥887.71 Million | CN¥293.32 Million | ▲ +157.0 pp |
| 2013 | 54.3% | CN¥148.47 Million | CN¥273.66 Million | CN¥441.13 Million | CN¥292.66 Million | ▲ +1.5 pp |
| 2012 | 52.8% | CN¥147.80 Million | CN¥280.18 Million | CN¥384.12 Million | CN¥236.32 Million | ▼ -3.9 pp |
| 2011 | 56.6% | CN¥156.80 Million | CN¥276.94 Million | CN¥361.86 Million | CN¥205.06 Million | ▼ -5.4 pp |
| 2010 | 62.0% | CN¥165.19 Million | CN¥266.56 Million | CN¥415.16 Million | CN¥249.96 Million | ▼ -3.5 pp |
| 2009 | 65.5% | CN¥165.05 Million | CN¥251.96 Million | CN¥443.81 Million | CN¥278.75 Million | ▲ +65.9 pp |
| 2008 | -0.4% | CN¥-923.44K | CN¥247.81 Million | CN¥197.56 Million | CN¥198.49 Million | ▼ -0.8 pp |
| 2007 | 0.4% | CN¥952.88K | CN¥242.20 Million | CN¥132.71 Million | CN¥131.76 Million | ▲ +6.4 pp |
| 2006 | -6.0% | CN¥-13.35 Million | CN¥223.84 Million | CN¥138.84 Million | CN¥152.19 Million | ▲ +4.2 pp |
| 2005 | -10.2% | CN¥-24.39 Million | CN¥238.86 Million | CN¥125.94 Million | CN¥150.33 Million | ▲ +8.3 pp |
| 2004 | -18.5% | CN¥-42.96 Million | CN¥232.24 Million | CN¥154.51 Million | CN¥197.47 Million | ▼ -13.4 pp |
| 2003 | -5.1% | CN¥-14.07 Million | CN¥276.58 Million | CN¥185.73 Million | CN¥199.80 Million | ▲ +1.0 pp |
| 2002 | -6.1% | CN¥-17.92 Million | CN¥293.99 Million | CN¥167.11 Million | CN¥185.03 Million | ▼ -4.0 pp |
| 2001 | -2.1% | CN¥-6.23 Million | CN¥290.78 Million | CN¥153.22 Million | CN¥159.45 Million | ▼ -17.5 pp |
| 2000 | 15.4% | CN¥46.12 Million | CN¥299.33 Million | CN¥213.75 Million | CN¥167.64 Million | ▼ -1.5 pp |
| 1999 | 16.9% | CN¥52.30 Million | CN¥309.94 Million | CN¥227.49 Million | CN¥175.19 Million | ▼ -15.1 pp |
| 1998 | 32.0% | CN¥100.14 Million | CN¥312.79 Million | CN¥233.42 Million | CN¥133.28 Million | ▼ -22.6 pp |
| 1997 | 54.6% | CN¥225.13 Million | CN¥412.50 Million | CN¥344.22 Million | CN¥119.08 Million | ▲ +4.3 pp |
| 1996 | 50.3% | CN¥188.51 Million | CN¥375.12 Million | CN¥384.05 Million | CN¥195.54 Million | ▲ +6.9 pp |
| 1995 | 43.4% | CN¥159.30 Million | CN¥367.26 Million | CN¥318.30 Million | CN¥159.00 Million | ▼ -6.9 pp |
| 1994 | 50.3% | CN¥167.73 Million | CN¥333.77 Million | CN¥275.01 Million | CN¥107.28 Million | ▼ -13.8 pp |
| 1993 | 64.1% | CN¥198.26 Million | CN¥309.30 Million | CN¥370.68 Million | CN¥172.42 Million | ▼ -6.2 pp |
| 1992 | 70.3% | CN¥188.42 Million | CN¥268.05 Million | CN¥376.90 Million | CN¥188.48 Million | ▲ +21.4 pp |
| 1991 | 48.9% | CN¥77.07 Million | CN¥157.67 Million | CN¥345.02 Million | CN¥267.95 Million | — |