Changsha Tongcheng Holdings Co Ltd (000419) — Working Capital to Net Assets Ratio
Changsha Tongcheng Holdings Co Ltd (000419) has a Working Capital to Net Assets ratio of 46.1% as of June 2026. Working capital of CN¥1.72 Billion (current assets of CN¥2.76 Billion minus current liabilities of CN¥1.04 Billion) is measured against net assets of CN¥3.73 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Changsha Tongcheng Holdings Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Changsha Tongcheng Holdings Co Ltd Working Capital to Net Assets (1993–2025)
This chart shows how Changsha Tongcheng Holdings Co Ltd's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of June 2026, the ratio stands at 46.1%, reflecting working capital of CN¥1.72 Billion against net assets of CN¥3.73 Billion CNY. For the complete balance sheet picture, see Changsha Tongcheng Holdings Co Ltd (000419) total assets.
Annual Working Capital to Net Assets for Changsha Tongcheng Holdings Co Ltd (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Changsha Tongcheng Holdings 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. Check 000419 financial resilience 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 | 36.7% | CN¥1.37 Billion | CN¥3.73 Billion | CN¥2.42 Billion | CN¥1.05 Billion | ▲ +3.5 pp |
| 2024 | 33.1% | CN¥1.26 Billion | CN¥3.79 Billion | CN¥2.65 Billion | CN¥1.40 Billion | ▼ -3.5 pp |
| 2023 | 36.6% | CN¥1.28 Billion | CN¥3.49 Billion | CN¥2.44 Billion | CN¥1.16 Billion | ▲ +2.2 pp |
| 2022 | 34.4% | CN¥1.15 Billion | CN¥3.35 Billion | CN¥2.30 Billion | CN¥1.15 Billion | ▲ +0.4 pp |
| 2021 | 34.0% | CN¥1.13 Billion | CN¥3.33 Billion | CN¥2.48 Billion | CN¥1.34 Billion | ▲ +2.3 pp |
| 2020 | 31.7% | CN¥1.10 Billion | CN¥3.47 Billion | CN¥2.55 Billion | CN¥1.45 Billion | ▲ +9.1 pp |
| 2019 | 22.6% | CN¥720.56 Million | CN¥3.19 Billion | CN¥2.34 Billion | CN¥1.62 Billion | ▲ +2.6 pp |
| 2018 | 19.9% | CN¥594.99 Million | CN¥2.98 Billion | CN¥2.26 Billion | CN¥1.67 Billion | ▲ +3.6 pp |
| 2017 | 16.3% | CN¥359.33 Million | CN¥2.20 Billion | CN¥2.24 Billion | CN¥1.88 Billion | ▲ +9.3 pp |
| 2016 | 7.1% | CN¥147.48 Million | CN¥2.09 Billion | CN¥1.97 Billion | CN¥1.82 Billion | ▼ -4.3 pp |
| 2015 | 11.4% | CN¥224.89 Million | CN¥1.97 Billion | CN¥2.03 Billion | CN¥1.81 Billion | ▼ -0.7 pp |
| 2014 | 12.1% | CN¥235.08 Million | CN¥1.94 Billion | CN¥2.02 Billion | CN¥1.78 Billion | ▲ +10.6 pp |
| 2013 | 1.5% | CN¥27.89 Million | CN¥1.83 Billion | CN¥1.98 Billion | CN¥1.96 Billion | ▲ +6.3 pp |
| 2012 | -4.7% | CN¥-82.35 Million | CN¥1.74 Billion | CN¥1.86 Billion | CN¥1.94 Billion | ▲ +3.5 pp |
| 2011 | -8.2% | CN¥-137.23 Million | CN¥1.67 Billion | CN¥1.62 Billion | CN¥1.76 Billion | ▲ +77.2 pp |
| 2010 | -85.4% | CN¥-765.30 Million | CN¥895.76 Million | CN¥1.18 Billion | CN¥1.95 Billion | ▲ +31.3 pp |
| 2009 | -116.7% | CN¥-942.48 Million | CN¥807.58 Million | CN¥938.80 Million | CN¥1.88 Billion | ▼ -73.3 pp |
| 2008 | -43.4% | CN¥-391.47 Million | CN¥901.68 Million | CN¥686.65 Million | CN¥1.08 Billion | ▼ -43.8 pp |
| 2007 | 0.3% | CN¥2.91 Million | CN¥832.52 Million | CN¥744.86 Million | CN¥741.95 Million | ▲ +15.5 pp |
| 2006 | -15.2% | CN¥-116.25 Million | CN¥766.42 Million | CN¥531.35 Million | CN¥647.60 Million | ▲ +2.0 pp |
| 2005 | -17.1% | CN¥-121.52 Million | CN¥709.40 Million | CN¥430.79 Million | CN¥552.31 Million | ▲ +34.2 pp |
| 2004 | -51.3% | CN¥-352.43 Million | CN¥687.07 Million | CN¥463.82 Million | CN¥816.26 Million | ▼ -22.2 pp |
| 2003 | -29.1% | CN¥-190.88 Million | CN¥656.63 Million | CN¥360.00 Million | CN¥550.88 Million | ▼ -17.4 pp |
| 2002 | -11.7% | CN¥-73.74 Million | CN¥629.25 Million | CN¥271.80 Million | CN¥345.54 Million | ▲ +15.8 pp |
| 2001 | -27.6% | CN¥-172.21 Million | CN¥624.99 Million | CN¥252.09 Million | CN¥424.29 Million | ▼ -26.6 pp |
| 2000 | -1.0% | CN¥-5.93 Million | CN¥609.81 Million | CN¥454.12 Million | CN¥460.05 Million | ▲ +71.4 pp |
| 1999 | -72.4% | CN¥-272.64 Million | CN¥376.48 Million | CN¥238.97 Million | CN¥511.61 Million | ▲ +12.0 pp |
| 1998 | -84.4% | CN¥-299.02 Million | CN¥354.15 Million | CN¥237.81 Million | CN¥536.83 Million | ▼ -142.7 pp |
| 1997 | 58.2% | CN¥125.86 Million | CN¥216.13 Million | CN¥246.39 Million | CN¥120.54 Million | ▲ +11.0 pp |
| 1996 | 47.2% | CN¥82.19 Million | CN¥174.12 Million | CN¥190.38 Million | CN¥108.19 Million | ▲ +61.4 pp |
| 1995 | -14.2% | CN¥-8.58 Million | CN¥60.49 Million | CN¥93.74 Million | CN¥102.32 Million | ▲ +9.3 pp |
| 1994 | -23.5% | CN¥-7.95 Million | CN¥33.88 Million | CN¥65.04 Million | CN¥73.00 Million | ▼ -11.4 pp |
| 1993 | -12.1% | CN¥-2.44 Million | CN¥20.20 Million | CN¥39.28 Million | CN¥41.72 Million | — |