Changhong Meiling Co Ltd (000521) — Working Capital to Net Assets Ratio
Changhong Meiling Co Ltd (000521) has a Working Capital to Net Assets ratio of 12.4% as of September 2025. Working capital of CN¥821.96 Million (current assets of CN¥17.86 Billion minus current liabilities of CN¥17.04 Billion) is measured against net assets of CN¥6.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Changhong Meiling Co Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Changhong Meiling Co Ltd Working Capital to Net Assets (1992–2024)
This chart shows how Changhong Meiling Co Ltd's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1992 to 2024. As of September 2025, the ratio stands at 12.4%, reflecting working capital of CN¥821.96 Million against net assets of CN¥6.61 Billion CNY. For the complete balance sheet picture, see balance sheet size of Changhong Meiling Co Ltd.
Annual Working Capital to Net Assets for Changhong Meiling Co Ltd (1992–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Changhong Meiling Co Ltd from 1992 to 2024, 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 how resilient are Changhong Meiling Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 12.0% | CN¥775.95 Million | CN¥6.48 Billion | CN¥17.95 Billion | CN¥17.17 Billion | ▼ -17.4 pp |
| 2023 | 29.4% | CN¥1.82 Billion | CN¥6.19 Billion | CN¥14.67 Billion | CN¥12.85 Billion | ▲ +1.9 pp |
| 2022 | 27.5% | CN¥1.52 Billion | CN¥5.54 Billion | CN¥11.79 Billion | CN¥10.27 Billion | ▲ +6.6 pp |
| 2021 | 20.9% | CN¥1.04 Billion | CN¥4.99 Billion | CN¥10.83 Billion | CN¥9.79 Billion | ▼ -2.2 pp |
| 2020 | 23.1% | CN¥1.14 Billion | CN¥4.96 Billion | CN¥11.83 Billion | CN¥10.69 Billion | ▼ -17.8 pp |
| 2019 | 40.8% | CN¥2.09 Billion | CN¥5.11 Billion | CN¥10.41 Billion | CN¥8.32 Billion | ▼ -2.2 pp |
| 2018 | 43.0% | CN¥2.21 Billion | CN¥5.14 Billion | CN¥12.17 Billion | CN¥9.96 Billion | ▼ -16.9 pp |
| 2017 | 59.9% | CN¥3.09 Billion | CN¥5.16 Billion | CN¥13.19 Billion | CN¥10.10 Billion | ▼ -6.6 pp |
| 2016 | 66.5% | CN¥3.43 Billion | CN¥5.17 Billion | CN¥10.23 Billion | CN¥6.80 Billion | ▲ +9.2 pp |
| 2015 | 57.3% | CN¥1.96 Billion | CN¥3.42 Billion | CN¥6.85 Billion | CN¥4.89 Billion | ▲ +1.9 pp |
| 2014 | 55.4% | CN¥1.90 Billion | CN¥3.44 Billion | CN¥6.94 Billion | CN¥5.03 Billion | ▲ +2.7 pp |
| 2013 | 52.7% | CN¥1.69 Billion | CN¥3.21 Billion | CN¥6.53 Billion | CN¥4.84 Billion | ▲ +3.8 pp |
| 2012 | 48.9% | CN¥1.46 Billion | CN¥2.98 Billion | CN¥5.78 Billion | CN¥4.32 Billion | ▲ +3.6 pp |
| 2011 | 45.3% | CN¥1.29 Billion | CN¥2.85 Billion | CN¥5.64 Billion | CN¥4.34 Billion | ▼ -1.8 pp |
| 2010 | 47.1% | CN¥1.29 Billion | CN¥2.75 Billion | CN¥5.39 Billion | CN¥4.09 Billion | ▲ +55.4 pp |
| 2009 | -8.3% | CN¥-111.55 Million | CN¥1.35 Billion | CN¥3.14 Billion | CN¥3.25 Billion | ▲ +62.3 pp |
| 2008 | -70.6% | CN¥-759.92 Million | CN¥1.08 Billion | CN¥1.51 Billion | CN¥2.27 Billion | ▼ -33.3 pp |
| 2007 | -37.3% | CN¥-347.12 Million | CN¥930.83 Million | CN¥1.62 Billion | CN¥1.97 Billion | ▼ -0.4 pp |
| 2006 | -36.9% | CN¥-329.53 Million | CN¥893.80 Million | CN¥1.11 Billion | CN¥1.44 Billion | ▲ +11.8 pp |
| 2005 | -48.7% | CN¥-428.34 Million | CN¥879.37 Million | CN¥1.12 Billion | CN¥1.55 Billion | ▼ -21.5 pp |
| 2004 | -27.2% | CN¥-236.91 Million | CN¥872.22 Million | CN¥1.21 Billion | CN¥1.45 Billion | ▼ -39.4 pp |
| 2003 | 12.2% | CN¥104.31 Million | CN¥855.75 Million | CN¥1.43 Billion | CN¥1.32 Billion | ▼ -9.0 pp |
| 2002 | 21.2% | CN¥219.85 Million | CN¥1.04 Billion | CN¥1.43 Billion | CN¥1.21 Billion | ▼ -24.7 pp |
| 2001 | 46.0% | CN¥472.52 Million | CN¥1.03 Billion | CN¥1.69 Billion | CN¥1.22 Billion | ▼ -17.2 pp |
| 2000 | 63.1% | CN¥869.51 Million | CN¥1.38 Billion | CN¥1.98 Billion | CN¥1.11 Billion | ▼ -3.5 pp |
| 1999 | 66.6% | CN¥935.54 Million | CN¥1.40 Billion | CN¥1.97 Billion | CN¥1.03 Billion | ▲ +2.6 pp |
| 1998 | 64.0% | CN¥890.16 Million | CN¥1.39 Billion | CN¥1.86 Billion | CN¥974.08 Million | ▼ -1.8 pp |
| 1997 | 65.9% | CN¥887.52 Million | CN¥1.35 Billion | CN¥1.76 Billion | CN¥873.28 Million | ▲ +21.4 pp |
| 1996 | 44.5% | CN¥494.39 Million | CN¥1.11 Billion | CN¥1.44 Billion | CN¥940.71 Million | ▲ +27.1 pp |
| 1995 | 17.4% | CN¥113.94 Million | CN¥654.07 Million | CN¥603.84 Million | CN¥489.90 Million | ▼ -13.4 pp |
| 1994 | 30.8% | CN¥140.81 Million | CN¥457.05 Million | CN¥466.96 Million | CN¥326.15 Million | ▼ -13.3 pp |
| 1993 | 44.1% | CN¥165.88 Million | CN¥375.87 Million | CN¥365.03 Million | CN¥199.15 Million | ▲ +25.7 pp |
| 1992 | 18.5% | CN¥34.41 Million | CN¥186.47 Million | CN¥224.33 Million | CN¥189.93 Million | — |