Vanfund Urban Investment & Development Co Ltd (000638) — Working Capital to Net Assets Ratio
Vanfund Urban Investment & Development Co Ltd (000638) has a Working Capital to Net Assets ratio of -58.5% as of March 2026. Working capital of CN¥-44.00 Million (current assets of CN¥101.56 Million minus current liabilities of CN¥145.56 Million) is measured against net assets of CN¥75.17 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Vanfund Urban Investment & Development C liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vanfund Urban Investment & Development Co Ltd Working Capital to Net Assets (1995–2025)
This chart shows how Vanfund Urban Investment & Development Co Ltd's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at -58.5%, reflecting working capital of CN¥-44.00 Million against net assets of CN¥75.17 Million CNY. For the complete balance sheet picture, see balance sheet size of Vanfund Urban Investment & Development C.
Annual Working Capital to Net Assets for Vanfund Urban Investment & Development Co Ltd (1995–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vanfund Urban Investment & Development Co Ltd from 1995 to 2025, covering 31 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 Vanfund Urban Investment & Development C (000638) asset resilience 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 | -49.1% | CN¥-39.72 Million | CN¥80.85 Million | CN¥111.54 Million | CN¥151.26 Million | ▼ -57.0 pp |
| 2024 | 7.9% | CN¥11.63 Million | CN¥147.83 Million | CN¥160.54 Million | CN¥148.91 Million | ▲ +36.3 pp |
| 2023 | -28.4% | CN¥-60.46 Million | CN¥212.90 Million | CN¥165.59 Million | CN¥226.05 Million | ▼ -45.0 pp |
| 2022 | 16.6% | CN¥37.86 Million | CN¥228.36 Million | CN¥364.93 Million | CN¥327.08 Million | ▼ -30.8 pp |
| 2021 | 47.4% | CN¥114.08 Million | CN¥240.88 Million | CN¥419.81 Million | CN¥305.73 Million | ▲ +56.8 pp |
| 2020 | -9.4% | CN¥-15.88 Million | CN¥168.39 Million | CN¥314.38 Million | CN¥330.26 Million | ▼ -22.4 pp |
| 2019 | 13.0% | CN¥29.18 Million | CN¥225.13 Million | CN¥322.18 Million | CN¥293.00 Million | ▲ +19.0 pp |
| 2018 | -6.1% | CN¥-11.80 Million | CN¥194.98 Million | CN¥529.84 Million | CN¥541.64 Million | ▼ -32.5 pp |
| 2017 | 26.4% | CN¥88.61 Million | CN¥335.57 Million | CN¥563.45 Million | CN¥474.84 Million | ▼ -33.8 pp |
| 2016 | 60.2% | CN¥184.80 Million | CN¥306.90 Million | CN¥1.27 Billion | CN¥1.08 Billion | ▼ -421.8 pp |
| 2015 | 482.0% | CN¥1.50 Billion | CN¥310.70 Million | CN¥2.37 Billion | CN¥873.67 Million | ▲ +51.5 pp |
| 2014 | 430.5% | CN¥1.46 Billion | CN¥339.75 Million | CN¥2.34 Billion | CN¥875.66 Million | ▲ +359.8 pp |
| 2013 | 70.8% | CN¥229.07 Million | CN¥323.72 Million | CN¥1.10 Billion | CN¥871.00 Million | ▼ -22.7 pp |
| 2012 | 93.4% | CN¥272.39 Million | CN¥291.60 Million | CN¥1.00 Billion | CN¥728.08 Million | ▲ +0.0 pp |
| 2011 | 93.4% | CN¥321.53 Million | CN¥344.22 Million | CN¥793.81 Million | CN¥472.27 Million | ▼ -1.4 pp |
| 2010 | 94.8% | CN¥312.12 Million | CN¥329.36 Million | CN¥784.19 Million | CN¥472.07 Million | ▲ +1.6 pp |
| 2009 | 93.2% | CN¥206.47 Million | CN¥221.59 Million | CN¥624.24 Million | CN¥417.77 Million | ▲ +36.0 pp |
| 2008 | 57.2% | CN¥47.68 Million | CN¥83.33 Million | CN¥637.08 Million | CN¥589.40 Million | ▼ -114.4 pp |
| 2007 | 171.6% | CN¥-71.36 Million | CN¥-41.58 Million | CN¥78.89 Million | CN¥150.25 Million | ▲ +51.8 pp |
| 2006 | 119.8% | CN¥-385.68 Million | CN¥-321.86 Million | CN¥93.45 Million | CN¥479.13 Million | ▲ +0.2 pp |
| 2005 | 119.6% | CN¥-414.77 Million | CN¥-346.69 Million | CN¥91.86 Million | CN¥506.63 Million | ▼ -12.2 pp |
| 2004 | 131.8% | CN¥-474.15 Million | CN¥-359.64 Million | CN¥96.54 Million | CN¥570.69 Million | ▼ -1.7 pp |
| 2003 | 133.5% | CN¥-523.67 Million | CN¥-392.22 Million | CN¥93.34 Million | CN¥617.01 Million | ▼ -804.7 pp |
| 2002 | 938.2% | CN¥-195.10 Million | CN¥-20.79 Million | CN¥245.20 Million | CN¥440.31 Million | ▲ +1017.3 pp |
| 2001 | -79.1% | CN¥-81.89 Million | CN¥103.54 Million | CN¥333.07 Million | CN¥414.96 Million | ▼ -90.8 pp |
| 2000 | 11.7% | CN¥26.99 Million | CN¥229.94 Million | CN¥395.58 Million | CN¥368.58 Million | ▲ +6.0 pp |
| 1999 | 5.7% | CN¥12.88 Million | CN¥224.27 Million | CN¥414.00 Million | CN¥401.12 Million | ▼ -58.3 pp |
| 1998 | 64.0% | CN¥293.82 Million | CN¥459.10 Million | CN¥1.60 Billion | CN¥1.31 Billion | ▲ +4.2 pp |
| 1997 | 59.8% | CN¥256.67 Million | CN¥429.27 Million | CN¥1.33 Billion | CN¥1.08 Billion | ▲ +37.2 pp |
| 1996 | 22.6% | CN¥75.97 Million | CN¥335.83 Million | CN¥289.80 Million | CN¥213.84 Million | ▼ -0.4 pp |
| 1995 | 23.0% | CN¥34.14 Million | CN¥148.49 Million | CN¥232.31 Million | CN¥198.17 Million | — |