Guangdong Provincial Expressway Development Co Ltd Working Capital to Net Assets Ratio
Guangdong Provincial Expressway Development Co Ltd working capital to net assets ratio. Guangdong Provincial Expressway Development Co Ltd (000429) has a Working Capital to Net Assets ratio of 33.2% as of September 2025. Working capital of CN¥4.66 Billion (current assets of CN¥5.85 Billion minus current liabilities of CN¥1.19 Billion) is measured against net assets of CN¥14.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Guangdong Provincial Expressway Development Co Ltd (1994–2024)
Working capital to net assets ratio of Guangdong Provincial Expressway Development Co Ltd from 1994 to 2024. This chart shows how Guangdong Provincial Expressway Development Co Ltd's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 33.2%, reflecting working capital of CN¥4.66 Billion against net assets of CN¥14.03 Billion CNY. Explore Guangdong Provincial Expressway Developm long-term investment allocation to see how much of total assets are deployed in long-term investments.
Guangdong Provincial Expressway Development Co Ltd Working Capital to Net Assets Ratio by Year (1994–2024)
Guangdong Provincial Expressway Development Co Ltd working capital to net assets ratio by year from 1994 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Guangdong Provincial Expressway Development Co Ltd from 1994 to 2024, covering 31 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 the complete balance sheet picture, see total assets of Guangdong Provincial Expressway Developm.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 21.7% | CN¥2.86 Billion | CN¥13.20 Billion | CN¥4.53 Billion | CN¥1.67 Billion | ▼ -5.9 pp |
| 2023 | 27.6% | CN¥3.42 Billion | CN¥12.41 Billion | CN¥4.96 Billion | CN¥1.54 Billion | ▲ +2.0 pp |
| 2022 | 25.6% | CN¥2.91 Billion | CN¥11.37 Billion | CN¥4.44 Billion | CN¥1.53 Billion | ▲ +8.1 pp |
| 2021 | 17.5% | CN¥1.98 Billion | CN¥11.32 Billion | CN¥3.14 Billion | CN¥1.16 Billion | ▲ +12.7 pp |
| 2020 | 4.8% | CN¥490.77 Million | CN¥10.23 Billion | CN¥3.09 Billion | CN¥2.60 Billion | ▼ -11.0 pp |
| 2019 | 15.8% | CN¥1.62 Billion | CN¥10.25 Billion | CN¥3.47 Billion | CN¥1.85 Billion | ▲ +23.7 pp |
| 2018 | -7.9% | CN¥-788.74 Million | CN¥10.05 Billion | CN¥2.23 Billion | CN¥3.02 Billion | ▼ -12.2 pp |
| 2017 | 4.4% | CN¥413.31 Million | CN¥9.45 Billion | CN¥2.48 Billion | CN¥2.06 Billion | ▼ -8.4 pp |
| 2016 | 12.7% | CN¥1.13 Billion | CN¥8.84 Billion | CN¥2.67 Billion | CN¥1.55 Billion | ▲ +22.7 pp |
| 2015 | -9.9% | CN¥-608.52 Million | CN¥6.13 Billion | CN¥1.30 Billion | CN¥1.91 Billion | ▼ -1.9 pp |
| 2014 | -8.0% | CN¥-470.21 Million | CN¥5.87 Billion | CN¥655.26 Million | CN¥1.13 Billion | ▲ +1.2 pp |
| 2013 | -9.2% | CN¥-466.74 Million | CN¥5.05 Billion | CN¥1.06 Billion | CN¥1.52 Billion | ▲ +26.1 pp |
| 2012 | -35.3% | CN¥-1.80 Billion | CN¥5.11 Billion | CN¥958.17 Million | CN¥2.76 Billion | ▼ -24.6 pp |
| 2011 | -10.7% | CN¥-507.08 Million | CN¥4.76 Billion | CN¥1.31 Billion | CN¥1.82 Billion | ▲ +4.5 pp |
| 2010 | -15.2% | CN¥-727.45 Million | CN¥4.80 Billion | CN¥504.22 Million | CN¥1.23 Billion | ▲ +0.3 pp |
| 2009 | -15.4% | CN¥-619.45 Million | CN¥4.01 Billion | CN¥554.68 Million | CN¥1.17 Billion | ▼ -2.0 pp |
| 2008 | -13.5% | CN¥-513.19 Million | CN¥3.81 Billion | CN¥489.78 Million | CN¥1.00 Billion | ▲ +5.2 pp |
| 2007 | -18.7% | CN¥-705.12 Million | CN¥3.78 Billion | CN¥243.20 Million | CN¥948.33 Million | ▼ -17.7 pp |
| 2006 | -0.9% | CN¥-41.12 Million | CN¥4.38 Billion | CN¥542.84 Million | CN¥583.96 Million | ▲ +7.4 pp |
| 2005 | -8.4% | CN¥-355.34 Million | CN¥4.25 Billion | CN¥627.26 Million | CN¥982.60 Million | ▼ -7.6 pp |
| 2004 | -0.7% | CN¥-32.21 Million | CN¥4.36 Billion | CN¥663.84 Million | CN¥696.06 Million | ▲ +2.8 pp |
| 2003 | -3.5% | CN¥-149.82 Million | CN¥4.28 Billion | CN¥388.70 Million | CN¥538.52 Million | ▼ -0.7 pp |
| 2002 | -2.8% | CN¥-111.50 Million | CN¥4.02 Billion | CN¥300.03 Million | CN¥411.54 Million | ▼ -7.3 pp |
| 2001 | 4.5% | CN¥178.03 Million | CN¥3.94 Billion | CN¥633.00 Million | CN¥454.96 Million | ▼ -12.9 pp |
| 2000 | 17.4% | CN¥586.74 Million | CN¥3.37 Billion | CN¥1.32 Billion | CN¥736.04 Million | ▲ +11.9 pp |
| 1999 | 5.5% | CN¥139.28 Million | CN¥2.55 Billion | CN¥541.09 Million | CN¥401.80 Million | ▼ -7.9 pp |
| 1998 | 13.4% | CN¥313.48 Million | CN¥2.35 Billion | CN¥518.35 Million | CN¥204.86 Million | ▼ -8.7 pp |
| 1997 | 22.1% | CN¥385.17 Million | CN¥1.74 Billion | CN¥564.46 Million | CN¥179.29 Million | ▲ +2.6 pp |
| 1996 | 19.5% | CN¥330.71 Million | CN¥1.70 Billion | CN¥442.11 Million | CN¥111.40 Million | ▲ +14.5 pp |
| 1995 | 5.0% | CN¥53.52 Million | CN¥1.07 Billion | CN¥169.45 Million | CN¥115.94 Million | ▼ -6.9 pp |
| 1994 | 11.9% | CN¥126.08 Million | CN¥1.06 Billion | CN¥226.73 Million | CN¥100.65 Million | — |