Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) — Working Capital to Net Assets Ratio
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) has a Working Capital to Net Assets ratio of 36.7% as of March 2026. Working capital of CN¥1.19 Billion (current assets of CN¥4.78 Billion minus current liabilities of CN¥3.59 Billion) is measured against net assets of CN¥3.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 000530 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd Working Capital to Net Assets (1993–2025)
This chart shows how Bingshan Refrigeration & Heat Transfer Technologies 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 36.7%, reflecting working capital of CN¥1.19 Billion against net assets of CN¥3.23 Billion CNY. See 000530 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bingshan Refrigeration & Heat Transfer Technologies 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 market cap of Bingshan Refrigeration & Heat Transfer T.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 35.9% | CN¥1.15 Billion | CN¥3.21 Billion | CN¥5.01 Billion | CN¥3.86 Billion | ▼ -6.3 pp |
| 2024 | 42.2% | CN¥1.34 Billion | CN¥3.19 Billion | CN¥5.09 Billion | CN¥3.74 Billion | ▲ +6.7 pp |
| 2023 | 35.4% | CN¥1.10 Billion | CN¥3.10 Billion | CN¥5.28 Billion | CN¥4.18 Billion | ▼ -5.8 pp |
| 2022 | 41.2% | CN¥1.26 Billion | CN¥3.06 Billion | CN¥4.87 Billion | CN¥3.61 Billion | ▲ +21.8 pp |
| 2021 | 19.4% | CN¥592.39 Million | CN¥3.05 Billion | CN¥2.96 Billion | CN¥2.37 Billion | ▲ +2.4 pp |
| 2020 | 17.0% | CN¥587.95 Million | CN¥3.45 Billion | CN¥2.50 Billion | CN¥1.91 Billion | ▲ +3.4 pp |
| 2019 | 13.7% | CN¥471.99 Million | CN¥3.45 Billion | CN¥2.22 Billion | CN¥1.75 Billion | ▼ -6.0 pp |
| 2018 | 19.7% | CN¥680.42 Million | CN¥3.46 Billion | CN¥2.30 Billion | CN¥1.62 Billion | ▲ +6.1 pp |
| 2017 | 13.5% | CN¥472.79 Million | CN¥3.49 Billion | CN¥2.27 Billion | CN¥1.79 Billion | ▼ -7.9 pp |
| 2016 | 21.4% | CN¥709.38 Million | CN¥3.32 Billion | CN¥2.08 Billion | CN¥1.37 Billion | ▲ +17.2 pp |
| 2015 | 4.2% | CN¥114.88 Million | CN¥2.71 Billion | CN¥1.33 Billion | CN¥1.22 Billion | ▼ -15.2 pp |
| 2014 | 19.4% | CN¥400.28 Million | CN¥2.06 Billion | CN¥1.34 Billion | CN¥937.50 Million | ▼ -1.1 pp |
| 2013 | 20.5% | CN¥411.50 Million | CN¥2.01 Billion | CN¥1.30 Billion | CN¥891.66 Million | ▼ -1.9 pp |
| 2012 | 22.4% | CN¥427.52 Million | CN¥1.91 Billion | CN¥1.38 Billion | CN¥954.06 Million | ▼ -2.9 pp |
| 2011 | 25.3% | CN¥466.78 Million | CN¥1.85 Billion | CN¥1.59 Billion | CN¥1.12 Billion | ▲ +6.1 pp |
| 2010 | 19.1% | CN¥347.97 Million | CN¥1.82 Billion | CN¥1.33 Billion | CN¥983.33 Million | ▲ +0.0 pp |
| 2009 | 19.1% | CN¥339.60 Million | CN¥1.78 Billion | CN¥1.19 Billion | CN¥854.98 Million | ▲ +3.0 pp |
| 2008 | 16.1% | CN¥280.40 Million | CN¥1.74 Billion | CN¥1.18 Billion | CN¥903.18 Million | ▼ -1.7 pp |
| 2007 | 17.8% | CN¥297.69 Million | CN¥1.67 Billion | CN¥1.07 Billion | CN¥774.15 Million | ▼ -7.6 pp |
| 2006 | 25.4% | CN¥400.29 Million | CN¥1.57 Billion | CN¥968.10 Million | CN¥567.81 Million | ▼ -1.7 pp |
| 2005 | 27.1% | CN¥405.21 Million | CN¥1.49 Billion | CN¥1.01 Billion | CN¥599.84 Million | ▲ +2.0 pp |
| 2004 | 25.1% | CN¥348.93 Million | CN¥1.39 Billion | CN¥870.19 Million | CN¥521.26 Million | ▼ -7.2 pp |
| 2003 | 32.3% | CN¥425.24 Million | CN¥1.32 Billion | CN¥984.86 Million | CN¥559.62 Million | ▼ -3.2 pp |
| 2002 | 35.5% | CN¥432.45 Million | CN¥1.22 Billion | CN¥1.01 Billion | CN¥579.14 Million | ▼ -9.6 pp |
| 2001 | 45.1% | CN¥524.57 Million | CN¥1.16 Billion | CN¥1.14 Billion | CN¥610.51 Million | ▲ +14.3 pp |
| 2000 | 30.8% | CN¥347.37 Million | CN¥1.13 Billion | CN¥985.28 Million | CN¥637.91 Million | ▼ -1.2 pp |
| 1999 | 31.9% | CN¥346.87 Million | CN¥1.09 Billion | CN¥872.64 Million | CN¥525.77 Million | ▲ +0.6 pp |
| 1998 | 31.4% | CN¥333.46 Million | CN¥1.06 Billion | CN¥804.44 Million | CN¥470.98 Million | ▲ +14.0 pp |
| 1997 | 17.3% | CN¥113.95 Million | CN¥657.04 Million | CN¥542.83 Million | CN¥428.88 Million | ▲ +1.5 pp |
| 1996 | 15.8% | CN¥67.10 Million | CN¥424.72 Million | CN¥431.97 Million | CN¥364.87 Million | ▼ -3.1 pp |
| 1995 | 18.9% | CN¥63.28 Million | CN¥334.56 Million | CN¥424.95 Million | CN¥361.67 Million | ▼ -7.9 pp |
| 1994 | 26.8% | CN¥75.74 Million | CN¥282.76 Million | CN¥393.60 Million | CN¥317.86 Million | ▼ -18.6 pp |
| 1993 | 45.4% | CN¥114.95 Million | CN¥253.05 Million | CN¥425.58 Million | CN¥310.63 Million | — |