Tangshan Jidong Cement Co Ltd (000401) — Working Capital to Net Assets Ratio
Tangshan Jidong Cement Co Ltd (000401) has a Working Capital to Net Assets ratio of -9.5% as of March 2026. Working capital of CN¥-2.69 Billion (current assets of CN¥13.73 Billion minus current liabilities of CN¥16.42 Billion) is measured against net assets of CN¥28.49 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tangshan Jidong Cement Co Ltd (000401) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tangshan Jidong Cement Co Ltd Working Capital to Net Assets (1993–2025)
This chart shows how Tangshan Jidong Cement Co Ltd's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at -9.5%, reflecting working capital of CN¥-2.69 Billion against net assets of CN¥28.49 Billion CNY. See Tangshan Jidong Cement Co Ltd (000401) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Tangshan Jidong Cement Co Ltd (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tangshan Jidong Cement Co Ltd from 1993 to 2025, covering 33 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 Tangshan Jidong Cement Co Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -8.3% | CN¥-2.48 Billion | CN¥29.83 Billion | CN¥13.24 Billion | CN¥15.72 Billion | ▼ -2.2 pp |
| 2024 | -6.2% | CN¥-1.81 Billion | CN¥29.26 Billion | CN¥14.37 Billion | CN¥16.18 Billion | ▼ -1.1 pp |
| 2023 | -5.1% | CN¥-1.55 Billion | CN¥30.60 Billion | CN¥14.00 Billion | CN¥15.55 Billion | ▼ -12.9 pp |
| 2022 | 7.9% | CN¥2.57 Billion | CN¥32.60 Billion | CN¥16.16 Billion | CN¥13.59 Billion | ▲ +0.6 pp |
| 2021 | 7.3% | CN¥2.46 Billion | CN¥33.78 Billion | CN¥16.00 Billion | CN¥13.53 Billion | ▲ +0.4 pp |
| 2020 | 6.9% | CN¥2.20 Billion | CN¥32.15 Billion | CN¥15.97 Billion | CN¥13.76 Billion | ▲ +24.2 pp |
| 2019 | -17.3% | CN¥-5.00 Billion | CN¥28.84 Billion | CN¥17.41 Billion | CN¥22.41 Billion | ▲ +9.2 pp |
| 2018 | -26.6% | CN¥-6.33 Billion | CN¥23.83 Billion | CN¥25.59 Billion | CN¥31.92 Billion | ▲ +70.5 pp |
| 2017 | -97.0% | CN¥-10.94 Billion | CN¥11.27 Billion | CN¥11.22 Billion | CN¥22.16 Billion | ▼ -7.3 pp |
| 2016 | -89.7% | CN¥-10.02 Billion | CN¥11.17 Billion | CN¥10.67 Billion | CN¥20.70 Billion | ▲ +14.5 pp |
| 2015 | -104.2% | CN¥-11.81 Billion | CN¥11.33 Billion | CN¥8.76 Billion | CN¥20.57 Billion | ▼ -34.5 pp |
| 2014 | -69.7% | CN¥-9.36 Billion | CN¥13.44 Billion | CN¥10.41 Billion | CN¥19.77 Billion | ▼ -37.6 pp |
| 2013 | -32.1% | CN¥-4.46 Billion | CN¥13.90 Billion | CN¥9.82 Billion | CN¥14.28 Billion | ▼ -5.2 pp |
| 2012 | -26.9% | CN¥-3.60 Billion | CN¥13.37 Billion | CN¥10.02 Billion | CN¥13.61 Billion | ▲ +11.7 pp |
| 2011 | -38.6% | CN¥-5.08 Billion | CN¥13.16 Billion | CN¥9.25 Billion | CN¥14.33 Billion | ▼ -25.2 pp |
| 2010 | -13.4% | CN¥-1.25 Billion | CN¥9.29 Billion | CN¥7.81 Billion | CN¥9.06 Billion | ▼ -10.9 pp |
| 2009 | -2.5% | CN¥-194.63 Million | CN¥7.71 Billion | CN¥6.42 Billion | CN¥6.62 Billion | ▼ -19.0 pp |
| 2008 | 16.5% | CN¥1.04 Billion | CN¥6.31 Billion | CN¥4.53 Billion | CN¥3.49 Billion | ▲ +55.6 pp |
| 2007 | -39.1% | CN¥-1.16 Billion | CN¥2.96 Billion | CN¥2.80 Billion | CN¥3.95 Billion | ▲ +4.0 pp |
| 2006 | -43.1% | CN¥-1.11 Billion | CN¥2.58 Billion | CN¥1.62 Billion | CN¥2.73 Billion | ▲ +1.8 pp |
| 2005 | -44.9% | CN¥-1.08 Billion | CN¥2.40 Billion | CN¥1.60 Billion | CN¥2.68 Billion | ▼ -37.9 pp |
| 2004 | -6.9% | CN¥-159.23 Million | CN¥2.29 Billion | CN¥1.42 Billion | CN¥1.58 Billion | ▲ +0.0 pp |
| 2003 | -6.9% | CN¥-123.02 Million | CN¥1.77 Billion | CN¥1.28 Billion | CN¥1.40 Billion | ▲ +7.4 pp |
| 2002 | -14.4% | CN¥-229.93 Million | CN¥1.60 Billion | CN¥1.05 Billion | CN¥1.28 Billion | ▼ -38.4 pp |
| 2001 | 24.0% | CN¥380.17 Million | CN¥1.58 Billion | CN¥1.11 Billion | CN¥733.57 Million | ▲ +0.4 pp |
| 2000 | 23.6% | CN¥364.59 Million | CN¥1.54 Billion | CN¥902.42 Million | CN¥537.83 Million | ▲ +6.6 pp |
| 1999 | 17.0% | CN¥222.63 Million | CN¥1.31 Billion | CN¥689.97 Million | CN¥467.34 Million | ▲ +2.6 pp |
| 1998 | 14.4% | CN¥193.06 Million | CN¥1.34 Billion | CN¥713.37 Million | CN¥520.31 Million | ▼ -7.6 pp |
| 1997 | 21.9% | CN¥290.17 Million | CN¥1.32 Billion | CN¥913.66 Million | CN¥623.49 Million | ▼ -2.1 pp |
| 1996 | 24.0% | CN¥253.39 Million | CN¥1.05 Billion | CN¥650.91 Million | CN¥397.52 Million | ▲ +25.3 pp |
| 1995 | -1.2% | CN¥-7.23 Million | CN¥579.35 Million | CN¥420.97 Million | CN¥428.19 Million | ▲ +0.3 pp |
| 1994 | -1.6% | CN¥-8.64 Million | CN¥554.72 Million | CN¥346.68 Million | CN¥355.31 Million | ▼ -5.9 pp |
| 1993 | 4.3% | CN¥20.42 Million | CN¥469.61 Million | CN¥133.22 Million | CN¥112.80 Million | — |