Sinopec Shandong Taishan Petroleum Co Ltd (000554) — Working Capital to Net Assets Ratio
Sinopec Shandong Taishan Petroleum Co Ltd (000554) has a Working Capital to Net Assets ratio of 31.2% as of March 2026. Working capital of CN¥373.49 Million (current assets of CN¥673.92 Million minus current liabilities of CN¥300.43 Million) is measured against net assets of CN¥1.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 000554 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
Sinopec Shandong Taishan Petroleum Co Ltd Working Capital to Net Assets (1992–2025)
This chart shows how Sinopec Shandong Taishan Petroleum Co Ltd's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1992 to 2025. As of March 2026, the ratio stands at 31.2%, reflecting working capital of CN¥373.49 Million against net assets of CN¥1.20 Billion CNY. See Sinopec Shandong Taishan Petroleum Co Lt defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sinopec Shandong Taishan Petroleum Co Ltd (1992–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sinopec Shandong Taishan Petroleum Co Ltd from 1992 to 2025, covering 34 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 000554 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 25.2% | CN¥282.42 Million | CN¥1.12 Billion | CN¥623.03 Million | CN¥340.61 Million | ▲ +5.6 pp |
| 2024 | 19.6% | CN¥203.48 Million | CN¥1.04 Billion | CN¥920.15 Million | CN¥716.66 Million | ▲ +8.4 pp |
| 2023 | 11.1% | CN¥106.90 Million | CN¥958.79 Million | CN¥788.42 Million | CN¥681.51 Million | ▲ +6.1 pp |
| 2022 | 5.0% | CN¥47.18 Million | CN¥937.56 Million | CN¥968.78 Million | CN¥921.61 Million | ▲ +2.0 pp |
| 2021 | 3.0% | CN¥27.70 Million | CN¥924.55 Million | CN¥492.12 Million | CN¥464.42 Million | ▲ +6.1 pp |
| 2020 | -3.1% | CN¥-28.74 Million | CN¥917.03 Million | CN¥484.08 Million | CN¥512.82 Million | ▲ +4.9 pp |
| 2019 | -8.0% | CN¥-72.64 Million | CN¥909.62 Million | CN¥272.59 Million | CN¥345.23 Million | ▲ +0.9 pp |
| 2018 | -8.9% | CN¥-80.72 Million | CN¥903.56 Million | CN¥270.82 Million | CN¥351.54 Million | ▼ -6.2 pp |
| 2017 | -2.7% | CN¥-25.03 Million | CN¥921.50 Million | CN¥204.84 Million | CN¥229.87 Million | ▼ -1.1 pp |
| 2016 | -1.7% | CN¥-15.29 Million | CN¥918.65 Million | CN¥137.19 Million | CN¥152.49 Million | ▼ -0.9 pp |
| 2015 | -0.8% | CN¥-7.16 Million | CN¥913.99 Million | CN¥129.71 Million | CN¥136.87 Million | ▼ -2.1 pp |
| 2014 | 1.4% | CN¥12.43 Million | CN¥918.45 Million | CN¥176.26 Million | CN¥163.82 Million | ▼ -1.9 pp |
| 2013 | 3.2% | CN¥29.33 Million | CN¥912.76 Million | CN¥237.60 Million | CN¥208.27 Million | ▼ -9.6 pp |
| 2012 | 12.8% | CN¥115.32 Million | CN¥898.16 Million | CN¥208.00 Million | CN¥92.67 Million | ▼ -11.7 pp |
| 2011 | 24.6% | CN¥216.66 Million | CN¥881.27 Million | CN¥260.53 Million | CN¥43.86 Million | ▼ -1.8 pp |
| 2010 | 26.4% | CN¥230.45 Million | CN¥872.06 Million | CN¥298.02 Million | CN¥67.57 Million | ▲ +1.0 pp |
| 2009 | 25.4% | CN¥222.96 Million | CN¥876.45 Million | CN¥244.60 Million | CN¥21.65 Million | ▲ +0.3 pp |
| 2008 | 25.1% | CN¥226.70 Million | CN¥902.38 Million | CN¥275.34 Million | CN¥48.64 Million | ▼ -4.7 pp |
| 2007 | 29.8% | CN¥283.10 Million | CN¥950.15 Million | CN¥372.68 Million | CN¥89.58 Million | ▲ +10.2 pp |
| 2006 | 19.6% | CN¥168.97 Million | CN¥861.31 Million | CN¥215.48 Million | CN¥46.51 Million | ▼ -12.1 pp |
| 2005 | 31.7% | CN¥263.52 Million | CN¥831.49 Million | CN¥333.81 Million | CN¥70.29 Million | ▼ -15.7 pp |
| 2004 | 47.4% | CN¥405.63 Million | CN¥856.30 Million | CN¥428.50 Million | CN¥22.86 Million | ▼ -6.2 pp |
| 2003 | 53.6% | CN¥443.03 Million | CN¥826.91 Million | CN¥620.21 Million | CN¥177.19 Million | ▼ -4.0 pp |
| 2002 | 57.6% | CN¥470.52 Million | CN¥817.32 Million | CN¥705.52 Million | CN¥235.00 Million | ▼ 0.0 pp |
| 2001 | 57.6% | CN¥450.95 Million | CN¥782.70 Million | CN¥712.98 Million | CN¥262.03 Million | ▼ -11.8 pp |
| 2000 | 69.4% | CN¥557.51 Million | CN¥802.91 Million | CN¥1.00 Billion | CN¥444.70 Million | ▼ -1.7 pp |
| 1999 | 71.1% | CN¥475.77 Million | CN¥668.80 Million | CN¥891.37 Million | CN¥415.60 Million | ▼ -5.0 pp |
| 1998 | 76.2% | CN¥609.61 Million | CN¥800.15 Million | CN¥1.03 Billion | CN¥416.82 Million | ▲ +9.0 pp |
| 1997 | 67.2% | CN¥525.10 Million | CN¥781.51 Million | CN¥856.67 Million | CN¥331.57 Million | ▼ -2.2 pp |
| 1996 | 69.4% | CN¥515.49 Million | CN¥743.32 Million | CN¥802.82 Million | CN¥287.33 Million | ▼ -2.7 pp |
| 1995 | 72.1% | CN¥485.41 Million | CN¥673.35 Million | CN¥762.43 Million | CN¥277.02 Million | ▼ -5.9 pp |
| 1994 | 78.0% | CN¥507.98 Million | CN¥651.01 Million | CN¥627.05 Million | CN¥119.07 Million | ▲ +13.1 pp |
| 1993 | 64.9% | CN¥252.02 Million | CN¥388.37 Million | CN¥340.01 Million | CN¥87.99 Million | ▲ +48.7 pp |
| 1992 | 16.2% | CN¥10.35 Million | CN¥63.90 Million | CN¥109.67 Million | CN¥99.32 Million | — |