Shenzhen Airport Co Ltd (000089) — Working Capital to Net Assets Ratio
Shenzhen Airport Co Ltd (000089) has a Working Capital to Net Assets ratio of 34.2% as of June 2026. Working capital of CN¥4.15 Billion (current assets of CN¥6.29 Billion minus current liabilities of CN¥2.14 Billion) is measured against net assets of CN¥12.16 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shenzhen Airport Co Ltd (000089) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shenzhen Airport Co Ltd Working Capital to Net Assets (1996–2025)
This chart shows how Shenzhen Airport Co Ltd's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2025. As of June 2026, the ratio stands at 34.2%, reflecting working capital of CN¥4.15 Billion against net assets of CN¥12.16 Billion CNY. For the complete balance sheet picture, see Shenzhen Airport Co Ltd asset portfolio.
Annual Working Capital to Net Assets for Shenzhen Airport Co Ltd (1996–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shenzhen Airport Co Ltd from 1996 to 2025, covering 30 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 000089 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 | 26.8% | CN¥3.12 Billion | CN¥11.65 Billion | CN¥5.42 Billion | CN¥2.30 Billion | ▲ +8.9 pp |
| 2024 | 17.9% | CN¥2.04 Billion | CN¥11.37 Billion | CN¥4.69 Billion | CN¥2.65 Billion | ▲ +15.7 pp |
| 2023 | 2.2% | CN¥240.56 Million | CN¥11.12 Billion | CN¥3.18 Billion | CN¥2.94 Billion | ▲ +15.3 pp |
| 2022 | -13.2% | CN¥-1.41 Billion | CN¥10.70 Billion | CN¥2.38 Billion | CN¥3.79 Billion | ▼ -16.6 pp |
| 2021 | 3.4% | CN¥406.99 Million | CN¥11.90 Billion | CN¥4.16 Billion | CN¥3.75 Billion | ▲ +11.7 pp |
| 2020 | -8.3% | CN¥-991.72 Million | CN¥11.94 Billion | CN¥2.18 Billion | CN¥3.18 Billion | ▼ -19.2 pp |
| 2019 | 10.9% | CN¥1.31 Billion | CN¥12.08 Billion | CN¥3.18 Billion | CN¥1.87 Billion | ▼ -8.0 pp |
| 2018 | 18.9% | CN¥2.20 Billion | CN¥11.66 Billion | CN¥3.99 Billion | CN¥1.79 Billion | ▲ +1.9 pp |
| 2017 | 17.0% | CN¥1.91 Billion | CN¥11.22 Billion | CN¥3.80 Billion | CN¥1.89 Billion | ▲ +6.0 pp |
| 2016 | 11.0% | CN¥1.18 Billion | CN¥10.72 Billion | CN¥2.94 Billion | CN¥1.75 Billion | ▲ +6.5 pp |
| 2015 | 4.6% | CN¥467.08 Million | CN¥10.25 Billion | CN¥2.16 Billion | CN¥1.69 Billion | ▲ +9.3 pp |
| 2014 | -4.7% | CN¥-373.83 Million | CN¥7.92 Billion | CN¥2.44 Billion | CN¥2.82 Billion | ▼ -0.2 pp |
| 2013 | -4.5% | CN¥-353.15 Million | CN¥7.81 Billion | CN¥1.35 Billion | CN¥1.71 Billion | ▼ -15.3 pp |
| 2012 | 10.7% | CN¥789.57 Million | CN¥7.35 Billion | CN¥1.57 Billion | CN¥784.47 Million | ▼ -9.5 pp |
| 2011 | 20.2% | CN¥1.39 Billion | CN¥6.86 Billion | CN¥2.09 Billion | CN¥704.36 Million | ▲ +12.2 pp |
| 2010 | 8.0% | CN¥468.96 Million | CN¥5.85 Billion | CN¥1.14 Billion | CN¥673.14 Million | ▼ -17.2 pp |
| 2009 | 25.2% | CN¥1.31 Billion | CN¥5.19 Billion | CN¥1.80 Billion | CN¥495.63 Million | ▲ +1.2 pp |
| 2008 | 24.0% | CN¥1.12 Billion | CN¥4.67 Billion | CN¥1.58 Billion | CN¥462.76 Million | ▼ -8.2 pp |
| 2007 | 32.2% | CN¥1.16 Billion | CN¥3.61 Billion | CN¥1.53 Billion | CN¥364.89 Million | ▲ +0.8 pp |
| 2006 | 31.3% | CN¥1.04 Billion | CN¥3.32 Billion | CN¥1.38 Billion | CN¥340.86 Million | ▲ +5.5 pp |
| 2005 | 25.8% | CN¥805.28 Million | CN¥3.12 Billion | CN¥1.17 Billion | CN¥361.96 Million | ▲ +22.6 pp |
| 2004 | 3.2% | CN¥92.69 Million | CN¥2.92 Billion | CN¥468.32 Million | CN¥375.64 Million | ▲ +1.9 pp |
| 2003 | 1.2% | CN¥35.15 Million | CN¥2.82 Billion | CN¥450.93 Million | CN¥415.77 Million | ▼ -14.7 pp |
| 2002 | 15.9% | CN¥395.92 Million | CN¥2.49 Billion | CN¥620.12 Million | CN¥224.19 Million | ▲ +13.4 pp |
| 2001 | 2.5% | CN¥55.02 Million | CN¥2.18 Billion | CN¥466.91 Million | CN¥411.89 Million | ▼ -14.7 pp |
| 2000 | 17.2% | CN¥342.92 Million | CN¥1.99 Billion | CN¥697.50 Million | CN¥354.58 Million | ▲ +10.7 pp |
| 1999 | 6.5% | CN¥83.41 Million | CN¥1.29 Billion | CN¥192.54 Million | CN¥109.13 Million | ▼ -15.5 pp |
| 1998 | 22.0% | CN¥226.49 Million | CN¥1.03 Billion | CN¥338.72 Million | CN¥112.23 Million | ▼ -9.1 pp |
| 1997 | 31.0% | CN¥88.67 Million | CN¥285.71 Million | CN¥166.23 Million | CN¥77.57 Million | ▼ -10.9 pp |
| 1996 | 42.0% | CN¥91.20 Million | CN¥217.33 Million | CN¥160.47 Million | CN¥69.28 Million | — |