Hainan Haiyao Co Ltd (000566) — Working Capital to Net Assets Ratio
Hainan Haiyao Co Ltd (000566) has a Working Capital to Net Assets ratio of -969.2% as of September 2025. Working capital of CN¥-3.12 Billion (current assets of CN¥1.24 Billion minus current liabilities of CN¥4.36 Billion) is measured against net assets of CN¥322.36 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Read Hainan Haiyao Co Ltd total liabilities for a breakdown of total debt and financial obligations.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hainan Haiyao Co Ltd Working Capital to Net Assets (1990–2024)
This chart shows how Hainan Haiyao Co Ltd's Working Capital to Net Assets ratio has evolved across 35 annual periods from 1990 to 2024. As of September 2025, the ratio stands at -969.2%, reflecting working capital of CN¥-3.12 Billion against net assets of CN¥322.36 Million CNY. See Hainan Haiyao Co Ltd (000566) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Annual Working Capital to Net Assets for Hainan Haiyao Co Ltd (1990–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hainan Haiyao Co Ltd from 1990 to 2024, covering 35 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 Hainan Haiyao Co Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -490.8% | CN¥-2.90 Billion | CN¥590.38 Million | CN¥1.40 Billion | CN¥4.30 Billion | ▼ -435.0 pp |
| 2023 | -55.8% | CN¥-1.23 Billion | CN¥2.20 Billion | CN¥2.50 Billion | CN¥3.72 Billion | ▲ +7.4 pp |
| 2022 | -63.2% | CN¥-1.48 Billion | CN¥2.34 Billion | CN¥2.53 Billion | CN¥4.00 Billion | ▼ -14.4 pp |
| 2021 | -48.8% | CN¥-1.16 Billion | CN¥2.38 Billion | CN¥3.51 Billion | CN¥4.68 Billion | ▼ -53.7 pp |
| 2020 | 4.9% | CN¥194.70 Million | CN¥3.97 Billion | CN¥5.21 Billion | CN¥5.02 Billion | ▼ -24.4 pp |
| 2019 | 29.3% | CN¥1.36 Billion | CN¥4.63 Billion | CN¥5.98 Billion | CN¥4.62 Billion | ▼ -17.6 pp |
| 2018 | 47.0% | CN¥2.27 Billion | CN¥4.83 Billion | CN¥6.05 Billion | CN¥3.78 Billion | ▼ -8.0 pp |
| 2017 | 55.0% | CN¥2.79 Billion | CN¥5.08 Billion | CN¥5.81 Billion | CN¥3.02 Billion | ▼ -9.7 pp |
| 2016 | 64.7% | CN¥3.64 Billion | CN¥5.63 Billion | CN¥6.52 Billion | CN¥2.87 Billion | ▲ +22.7 pp |
| 2015 | 42.0% | CN¥1.07 Billion | CN¥2.54 Billion | CN¥2.51 Billion | CN¥1.45 Billion | ▼ -0.8 pp |
| 2014 | 42.8% | CN¥740.41 Million | CN¥1.73 Billion | CN¥1.99 Billion | CN¥1.25 Billion | ▲ +23.7 pp |
| 2013 | 19.1% | CN¥304.26 Million | CN¥1.59 Billion | CN¥1.67 Billion | CN¥1.36 Billion | ▼ -41.9 pp |
| 2012 | 61.0% | CN¥909.34 Million | CN¥1.49 Billion | CN¥1.68 Billion | CN¥767.80 Million | ▼ -4.4 pp |
| 2011 | 65.5% | CN¥872.08 Million | CN¥1.33 Billion | CN¥1.45 Billion | CN¥577.39 Million | ▲ +66.7 pp |
| 2010 | -1.3% | CN¥-6.29 Million | CN¥491.82 Million | CN¥579.53 Million | CN¥585.82 Million | ▼ -58.4 pp |
| 2009 | 57.1% | CN¥254.44 Million | CN¥445.29 Million | CN¥468.90 Million | CN¥214.47 Million | ▲ +31.7 pp |
| 2008 | 25.4% | CN¥104.15 Million | CN¥409.76 Million | CN¥387.73 Million | CN¥283.57 Million | ▲ +3.0 pp |
| 2007 | 22.4% | CN¥79.26 Million | CN¥353.98 Million | CN¥285.28 Million | CN¥206.02 Million | ▲ +2.4 pp |
| 2006 | 20.0% | CN¥63.34 Million | CN¥317.39 Million | CN¥225.95 Million | CN¥162.61 Million | ▲ +5.2 pp |
| 2005 | 14.8% | CN¥43.21 Million | CN¥292.94 Million | CN¥167.54 Million | CN¥124.33 Million | ▲ +24.8 pp |
| 2004 | -10.0% | CN¥-26.66 Million | CN¥265.38 Million | CN¥104.10 Million | CN¥130.77 Million | ▲ +338.8 pp |
| 2003 | -348.8% | CN¥-24.34 Million | CN¥6.98 Million | CN¥131.98 Million | CN¥156.32 Million | ▼ -394.5 pp |
| 2002 | 45.7% | CN¥-61.93 Million | CN¥-135.56 Million | CN¥130.72 Million | CN¥192.65 Million | ▼ -144.3 pp |
| 2001 | 190.0% | CN¥-473.96 Million | CN¥-249.44 Million | CN¥175.16 Million | CN¥649.12 Million | ▲ +36.8 pp |
| 2000 | 153.2% | CN¥319.61 Million | CN¥208.64 Million | CN¥459.55 Million | CN¥139.94 Million | ▲ +214.1 pp |
| 1999 | -60.9% | CN¥-131.10 Million | CN¥215.12 Million | CN¥315.42 Million | CN¥446.52 Million | ▼ -22.2 pp |
| 1998 | -38.8% | CN¥-114.26 Million | CN¥294.63 Million | CN¥354.33 Million | CN¥468.59 Million | ▼ -1.6 pp |
| 1997 | -37.2% | CN¥-142.74 Million | CN¥384.18 Million | CN¥299.97 Million | CN¥442.72 Million | ▼ -39.0 pp |
| 1996 | 1.9% | CN¥9.36 Million | CN¥503.11 Million | CN¥345.52 Million | CN¥336.16 Million | ▼ -8.7 pp |
| 1995 | 10.5% | CN¥49.62 Million | CN¥471.68 Million | CN¥310.26 Million | CN¥260.64 Million | ▼ -27.3 pp |
| 1994 | 37.8% | CN¥175.94 Million | CN¥465.35 Million | CN¥383.87 Million | CN¥207.93 Million | ▲ +6.1 pp |
| 1993 | 31.7% | CN¥87.49 Million | CN¥275.57 Million | CN¥296.14 Million | CN¥208.65 Million | ▼ -8.1 pp |
| 1992 | 39.9% | CN¥76.37 Million | CN¥191.50 Million | CN¥162.97 Million | CN¥86.60 Million | ▼ -68.1 pp |
| 1991 | 108.0% | CN¥34.81 Million | CN¥32.23 Million | CN¥90.65 Million | CN¥55.84 Million | ▲ +69.5 pp |
| 1990 | 38.5% | CN¥5.23 Million | CN¥13.60 Million | CN¥40.23 Million | CN¥35.00 Million | — |