Yang Guang Co Ltd (000608) — Working Capital to Net Assets Ratio
Yang Guang Co Ltd (000608) has a Working Capital to Net Assets ratio of -24.5% as of June 2026. Working capital of CN¥-616.73 Million (current assets of CN¥422.92 Million minus current liabilities of CN¥1.04 Billion) is measured against net assets of CN¥2.51 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 000608 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Yang Guang Co Ltd Working Capital to Net Assets (1993–2025)
This chart shows how Yang Guang Co Ltd's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of June 2026, the ratio stands at -24.5%, reflecting working capital of CN¥-616.73 Million against net assets of CN¥2.51 Billion CNY. For the complete balance sheet picture, see Yang Guang Co Ltd asset portfolio.
Annual Working Capital to Net Assets for Yang Guang Co Ltd (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Yang Guang 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. Check Yang Guang Co Ltd (000608) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -10.6% | CN¥-270.18 Million | CN¥2.56 Billion | CN¥103.41 Million | CN¥373.59 Million | ▲ +8.2 pp |
| 2024 | -18.7% | CN¥-522.75 Million | CN¥2.79 Billion | CN¥139.85 Million | CN¥662.60 Million | ▼ -0.3 pp |
| 2023 | -18.5% | CN¥-538.46 Million | CN¥2.92 Billion | CN¥118.36 Million | CN¥656.82 Million | ▲ +2.4 pp |
| 2022 | -20.8% | CN¥-662.67 Million | CN¥3.18 Billion | CN¥87.78 Million | CN¥750.44 Million | ▼ -1.6 pp |
| 2021 | -19.2% | CN¥-704.88 Million | CN¥3.66 Billion | CN¥173.58 Million | CN¥878.46 Million | ▲ +3.0 pp |
| 2020 | -22.3% | CN¥-807.16 Million | CN¥3.62 Billion | CN¥434.20 Million | CN¥1.24 Billion | ▼ -24.3 pp |
| 2019 | 2.0% | CN¥71.93 Million | CN¥3.51 Billion | CN¥962.57 Million | CN¥890.64 Million | ▲ +3.5 pp |
| 2018 | -1.5% | CN¥-54.75 Million | CN¥3.73 Billion | CN¥1.25 Billion | CN¥1.30 Billion | ▼ -30.8 pp |
| 2017 | 29.3% | CN¥1.08 Billion | CN¥3.68 Billion | CN¥1.99 Billion | CN¥914.77 Million | ▼ -30.9 pp |
| 2016 | 60.2% | CN¥2.22 Billion | CN¥3.69 Billion | CN¥3.61 Billion | CN¥1.39 Billion | ▲ +26.2 pp |
| 2015 | 34.0% | CN¥1.41 Billion | CN¥4.13 Billion | CN¥3.82 Billion | CN¥2.42 Billion | ▲ +6.6 pp |
| 2014 | 27.4% | CN¥1.19 Billion | CN¥4.36 Billion | CN¥4.26 Billion | CN¥3.06 Billion | ▼ -40.0 pp |
| 2013 | 67.4% | CN¥2.33 Billion | CN¥3.46 Billion | CN¥4.92 Billion | CN¥2.58 Billion | ▲ +18.0 pp |
| 2012 | 49.4% | CN¥1.66 Billion | CN¥3.36 Billion | CN¥4.24 Billion | CN¥2.58 Billion | ▲ +8.7 pp |
| 2011 | 40.7% | CN¥1.25 Billion | CN¥3.06 Billion | CN¥3.79 Billion | CN¥2.54 Billion | ▼ -9.7 pp |
| 2010 | 50.4% | CN¥1.45 Billion | CN¥2.87 Billion | CN¥4.04 Billion | CN¥2.60 Billion | ▼ -10.4 pp |
| 2009 | 60.8% | CN¥1.41 Billion | CN¥2.32 Billion | CN¥6.10 Billion | CN¥4.69 Billion | ▼ -17.3 pp |
| 2008 | 78.1% | CN¥1.63 Billion | CN¥2.08 Billion | CN¥4.34 Billion | CN¥2.72 Billion | ▲ +13.5 pp |
| 2007 | 64.7% | CN¥1.29 Billion | CN¥2.00 Billion | CN¥4.26 Billion | CN¥2.97 Billion | ▼ -16.3 pp |
| 2006 | 80.9% | CN¥859.37 Million | CN¥1.06 Billion | CN¥2.74 Billion | CN¥1.88 Billion | ▼ -28.6 pp |
| 2005 | 109.6% | CN¥1.03 Billion | CN¥939.12 Million | CN¥2.13 Billion | CN¥1.10 Billion | ▼ -35.2 pp |
| 2004 | 144.8% | CN¥1.13 Billion | CN¥779.17 Million | CN¥2.33 Billion | CN¥1.20 Billion | ▼ -10.0 pp |
| 2003 | 154.8% | CN¥952.86 Million | CN¥615.60 Million | CN¥1.92 Billion | CN¥964.71 Million | ▲ +51.9 pp |
| 2002 | 102.9% | CN¥587.87 Million | CN¥571.18 Million | CN¥1.22 Billion | CN¥632.41 Million | ▼ -7.8 pp |
| 2001 | 110.7% | CN¥618.98 Million | CN¥558.98 Million | CN¥1.03 Billion | CN¥414.45 Million | ▲ +19.8 pp |
| 2000 | 91.0% | CN¥493.00 Million | CN¥542.01 Million | CN¥1.14 Billion | CN¥648.57 Million | ▼ -11.8 pp |
| 1999 | 102.8% | CN¥435.12 Million | CN¥423.29 Million | CN¥815.08 Million | CN¥379.96 Million | ▲ +27.2 pp |
| 1998 | 75.6% | CN¥163.15 Million | CN¥215.91 Million | CN¥212.69 Million | CN¥49.54 Million | ▲ +27.8 pp |
| 1997 | 47.8% | CN¥80.83 Million | CN¥169.19 Million | CN¥105.21 Million | CN¥24.38 Million | ▲ +1.6 pp |
| 1996 | 46.2% | CN¥57.84 Million | CN¥125.15 Million | CN¥82.38 Million | CN¥24.54 Million | ▲ +52.9 pp |
| 1995 | -6.7% | CN¥-3.84 Million | CN¥57.66 Million | CN¥30.75 Million | CN¥34.59 Million | ▲ +18.5 pp |
| 1994 | -25.1% | CN¥-12.69 Million | CN¥50.52 Million | CN¥26.10 Million | CN¥38.80 Million | ▼ -14.9 pp |
| 1993 | -10.3% | CN¥-4.96 Million | CN¥48.33 Million | CN¥22.13 Million | CN¥27.09 Million | — |