Wanxiang Qianchao Co Ltd (000559) — Working Capital to Net Assets Ratio
Wanxiang Qianchao Co Ltd (000559) has a Working Capital to Net Assets ratio of 38.0% as of September 2025. Working capital of CN¥3.65 Billion (current assets of CN¥16.62 Billion minus current liabilities of CN¥12.97 Billion) is measured against net assets of CN¥9.60 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Wanxiang Qianchao Co Ltd (000559) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Wanxiang Qianchao Co Ltd Working Capital to Net Assets (1991–2024)
This chart shows how Wanxiang Qianchao Co Ltd's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1991 to 2024. As of September 2025, the ratio stands at 38.0%, reflecting working capital of CN¥3.65 Billion against net assets of CN¥9.60 Billion CNY. Check Wanxiang Qianchao Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Wanxiang Qianchao Co Ltd (1991–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Wanxiang Qianchao Co Ltd from 1991 to 2024, 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 000559 company net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 38.0% | CN¥3.55 Billion | CN¥9.35 Billion | CN¥14.24 Billion | CN¥10.69 Billion | ▲ +18.3 pp |
| 2023 | 19.7% | CN¥1.78 Billion | CN¥9.05 Billion | CN¥12.42 Billion | CN¥10.64 Billion | ▼ -9.3 pp |
| 2022 | 29.0% | CN¥2.58 Billion | CN¥8.92 Billion | CN¥10.96 Billion | CN¥8.38 Billion | ▼ -38.5 pp |
| 2021 | 67.5% | CN¥5.93 Billion | CN¥8.78 Billion | CN¥12.11 Billion | CN¥6.19 Billion | ▲ +14.1 pp |
| 2020 | 53.4% | CN¥4.72 Billion | CN¥8.85 Billion | CN¥10.46 Billion | CN¥5.74 Billion | ▲ +15.7 pp |
| 2019 | 37.7% | CN¥2.05 Billion | CN¥5.45 Billion | CN¥7.10 Billion | CN¥5.04 Billion | ▲ +0.5 pp |
| 2018 | 37.2% | CN¥2.03 Billion | CN¥5.46 Billion | CN¥7.13 Billion | CN¥5.10 Billion | ▲ +5.7 pp |
| 2017 | 31.5% | CN¥1.70 Billion | CN¥5.39 Billion | CN¥6.98 Billion | CN¥5.28 Billion | ▲ +6.1 pp |
| 2016 | 25.3% | CN¥1.20 Billion | CN¥4.72 Billion | CN¥7.15 Billion | CN¥5.95 Billion | ▼ -31.4 pp |
| 2015 | 56.7% | CN¥2.60 Billion | CN¥4.58 Billion | CN¥8.46 Billion | CN¥5.86 Billion | ▲ +9.9 pp |
| 2014 | 46.8% | CN¥2.04 Billion | CN¥4.36 Billion | CN¥7.84 Billion | CN¥5.80 Billion | ▲ +7.3 pp |
| 2013 | 39.5% | CN¥1.52 Billion | CN¥3.84 Billion | CN¥5.73 Billion | CN¥4.21 Billion | ▼ -16.8 pp |
| 2012 | 56.3% | CN¥2.24 Billion | CN¥3.98 Billion | CN¥5.13 Billion | CN¥2.89 Billion | ▲ +26.3 pp |
| 2011 | 30.1% | CN¥1.24 Billion | CN¥4.12 Billion | CN¥5.92 Billion | CN¥4.68 Billion | ▼ -4.3 pp |
| 2010 | 34.4% | CN¥1.39 Billion | CN¥4.04 Billion | CN¥5.41 Billion | CN¥4.02 Billion | ▲ +34.4 pp |
| 2009 | 0.0% | CN¥676.40K | CN¥1.88 Billion | CN¥3.03 Billion | CN¥3.03 Billion | ▲ +47.1 pp |
| 2008 | -47.0% | CN¥-839.50 Million | CN¥1.79 Billion | CN¥2.95 Billion | CN¥3.79 Billion | ▼ -35.4 pp |
| 2007 | -11.6% | CN¥-281.74 Million | CN¥2.42 Billion | CN¥2.71 Billion | CN¥2.99 Billion | ▼ -7.0 pp |
| 2006 | -4.6% | CN¥-103.51 Million | CN¥2.25 Billion | CN¥2.72 Billion | CN¥2.83 Billion | ▼ -25.8 pp |
| 2005 | 21.2% | CN¥450.10 Million | CN¥2.12 Billion | CN¥2.51 Billion | CN¥2.06 Billion | ▲ +29.2 pp |
| 2004 | -8.0% | CN¥-161.82 Million | CN¥2.01 Billion | CN¥2.05 Billion | CN¥2.21 Billion | ▼ -23.9 pp |
| 2003 | 15.9% | CN¥295.51 Million | CN¥1.86 Billion | CN¥1.33 Billion | CN¥1.04 Billion | ▲ +3.4 pp |
| 2002 | 12.5% | CN¥198.93 Million | CN¥1.59 Billion | CN¥973.79 Million | CN¥774.85 Million | ▼ -14.6 pp |
| 2001 | 27.1% | CN¥388.63 Million | CN¥1.44 Billion | CN¥981.68 Million | CN¥593.05 Million | ▲ +4.0 pp |
| 2000 | 23.0% | CN¥236.25 Million | CN¥1.03 Billion | CN¥786.53 Million | CN¥550.28 Million | ▼ -7.0 pp |
| 1999 | 30.0% | CN¥283.82 Million | CN¥945.46 Million | CN¥715.75 Million | CN¥431.93 Million | ▲ +5.4 pp |
| 1998 | 24.6% | CN¥201.74 Million | CN¥819.25 Million | CN¥614.65 Million | CN¥412.91 Million | ▲ +16.5 pp |
| 1997 | 8.1% | CN¥45.33 Million | CN¥558.63 Million | CN¥399.28 Million | CN¥353.95 Million | ▼ -5.6 pp |
| 1996 | 13.7% | CN¥61.17 Million | CN¥445.83 Million | CN¥363.75 Million | CN¥302.58 Million | ▼ -30.3 pp |
| 1995 | 44.1% | CN¥101.43 Million | CN¥230.15 Million | CN¥187.88 Million | CN¥86.45 Million | ▼ -6.4 pp |
| 1994 | 50.5% | CN¥123.51 Million | CN¥244.61 Million | CN¥162.92 Million | CN¥39.41 Million | ▼ -17.6 pp |
| 1993 | 68.1% | CN¥153.20 Million | CN¥224.92 Million | CN¥163.09 Million | CN¥9.90 Million | ▲ +26.3 pp |
| 1992 | 41.8% | CN¥36.27 Million | CN¥86.73 Million | CN¥60.70 Million | CN¥24.43 Million | ▼ -16.1 pp |
| 1991 | 58.0% | CN¥31.42 Million | CN¥54.22 Million | CN¥51.11 Million | CN¥19.69 Million | — |