Pangang Group Vanadium Titanium & Resources Co Ltd (000629) — Working Capital to Net Assets Ratio
Pangang Group Vanadium Titanium & Resources Co Ltd (000629) has a Working Capital to Net Assets ratio of 33.8% as of March 2026. Working capital of CN¥4.29 Billion (current assets of CN¥5.76 Billion minus current liabilities of CN¥1.46 Billion) is measured against net assets of CN¥12.70 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 000629 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
Pangang Group Vanadium Titanium & Resources Co Ltd Working Capital to Net Assets (1993–2025)
This chart shows how Pangang Group Vanadium Titanium & Resources 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 33.8%, reflecting working capital of CN¥4.29 Billion against net assets of CN¥12.70 Billion CNY. See Pangang Group Vanadium Titanium & Resour liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Pangang Group Vanadium Titanium & Resources Co Ltd (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pangang Group Vanadium Titanium & Resources 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 000629 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 34.9% | CN¥4.40 Billion | CN¥12.61 Billion | CN¥5.80 Billion | CN¥1.41 Billion | ▲ +0.3 pp |
| 2024 | 34.6% | CN¥4.45 Billion | CN¥12.86 Billion | CN¥5.89 Billion | CN¥1.44 Billion | ▼ -0.1 pp |
| 2023 | 34.7% | CN¥4.35 Billion | CN¥12.54 Billion | CN¥6.51 Billion | CN¥2.16 Billion | ▲ +14.9 pp |
| 2022 | 19.8% | CN¥1.82 Billion | CN¥9.17 Billion | CN¥3.99 Billion | CN¥2.17 Billion | ▲ +12.4 pp |
| 2021 | 7.4% | CN¥590.68 Million | CN¥7.94 Billion | CN¥2.34 Billion | CN¥1.75 Billion | ▼ -25.7 pp |
| 2020 | 33.2% | CN¥3.71 Billion | CN¥11.19 Billion | CN¥5.08 Billion | CN¥1.37 Billion | ▼ -3.7 pp |
| 2019 | 36.8% | CN¥3.55 Billion | CN¥9.64 Billion | CN¥6.22 Billion | CN¥2.68 Billion | ▲ +11.4 pp |
| 2018 | 25.5% | CN¥2.09 Billion | CN¥8.19 Billion | CN¥5.67 Billion | CN¥3.59 Billion | ▲ +46.2 pp |
| 2017 | -20.7% | CN¥-938.94 Million | CN¥4.54 Billion | CN¥4.30 Billion | CN¥5.23 Billion | ▲ +21.1 pp |
| 2016 | -41.8% | CN¥-1.51 Billion | CN¥3.61 Billion | CN¥3.64 Billion | CN¥5.15 Billion | ▲ +137.8 pp |
| 2015 | -179.6% | CN¥-17.52 Billion | CN¥9.75 Billion | CN¥7.52 Billion | CN¥25.04 Billion | ▼ -57.1 pp |
| 2014 | -122.5% | CN¥-14.91 Billion | CN¥12.17 Billion | CN¥7.53 Billion | CN¥22.43 Billion | ▼ -63.3 pp |
| 2013 | -59.2% | CN¥-8.94 Billion | CN¥15.11 Billion | CN¥6.49 Billion | CN¥15.44 Billion | ▼ -1.5 pp |
| 2012 | -57.7% | CN¥-8.88 Billion | CN¥15.39 Billion | CN¥3.99 Billion | CN¥12.88 Billion | ▼ -23.4 pp |
| 2011 | -34.3% | CN¥-5.10 Billion | CN¥14.86 Billion | CN¥8.03 Billion | CN¥13.13 Billion | ▲ +28.9 pp |
| 2010 | -63.2% | CN¥-15.54 Billion | CN¥24.59 Billion | CN¥18.65 Billion | CN¥34.19 Billion | ▲ +20.7 pp |
| 2009 | -83.9% | CN¥-13.18 Billion | CN¥15.70 Billion | CN¥17.50 Billion | CN¥30.68 Billion | ▼ -8.5 pp |
| 2008 | -75.4% | CN¥-12.58 Billion | CN¥16.68 Billion | CN¥19.45 Billion | CN¥32.04 Billion | ▼ -74.6 pp |
| 2007 | -0.8% | CN¥-86.31 Million | CN¥10.82 Billion | CN¥6.26 Billion | CN¥6.35 Billion | ▲ +11.4 pp |
| 2006 | -12.2% | CN¥-1.13 Billion | CN¥9.22 Billion | CN¥5.20 Billion | CN¥6.33 Billion | ▼ -10.0 pp |
| 2005 | -2.3% | CN¥-184.37 Million | CN¥8.15 Billion | CN¥3.57 Billion | CN¥3.75 Billion | ▼ -8.4 pp |
| 2004 | 6.1% | CN¥457.41 Million | CN¥7.50 Billion | CN¥3.30 Billion | CN¥2.84 Billion | ▲ +7.4 pp |
| 2003 | -1.3% | CN¥-87.95 Million | CN¥6.62 Billion | CN¥2.55 Billion | CN¥2.64 Billion | ▲ +8.1 pp |
| 2002 | -9.5% | CN¥-463.45 Million | CN¥4.90 Billion | CN¥1.71 Billion | CN¥2.17 Billion | ▲ +1.9 pp |
| 2001 | -11.3% | CN¥-499.47 Million | CN¥4.41 Billion | CN¥1.91 Billion | CN¥2.40 Billion | ▼ -4.2 pp |
| 2000 | -7.1% | CN¥-293.42 Million | CN¥4.13 Billion | CN¥2.06 Billion | CN¥2.36 Billion | ▼ -6.9 pp |
| 1999 | -0.2% | CN¥-6.25 Million | CN¥3.93 Billion | CN¥2.94 Billion | CN¥2.95 Billion | ▼ -10.8 pp |
| 1998 | 10.6% | CN¥406.11 Million | CN¥3.82 Billion | CN¥2.98 Billion | CN¥2.58 Billion | ▼ -12.2 pp |
| 1997 | 22.8% | CN¥651.87 Million | CN¥2.86 Billion | CN¥2.60 Billion | CN¥1.95 Billion | ▼ -13.5 pp |
| 1996 | 36.3% | CN¥295.50 Million | CN¥813.08 Million | CN¥1.00 Billion | CN¥708.30 Million | ▲ +17.9 pp |
| 1995 | 18.4% | CN¥131.88 Million | CN¥715.19 Million | CN¥869.29 Million | CN¥737.41 Million | ▲ +2.5 pp |
| 1994 | 15.9% | CN¥116.98 Million | CN¥734.85 Million | CN¥811.21 Million | CN¥694.23 Million | ▲ +12.7 pp |
| 1993 | 3.2% | CN¥23.41 Million | CN¥728.33 Million | CN¥217.07 Million | CN¥193.66 Million | — |