Guocheng Mining Co Ltd Working Capital to Net Assets Ratio
Guocheng Mining Co Ltd working capital to net assets ratio. Guocheng Mining Co Ltd (000688) has a Working Capital to Net Assets ratio of -22.9% as of September 2025. Working capital of CN¥-792.78 Million (current assets of CN¥1.99 Billion minus current liabilities of CN¥2.78 Billion) is measured against net assets of CN¥3.47 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Guocheng Mining Co Ltd to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Guocheng Mining Co Ltd (1993–2024)
Working capital to net assets ratio of Guocheng Mining Co Ltd from 1993 to 2024. This chart shows how Guocheng Mining Co Ltd's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1993 to 2024. As of September 2025, the ratio stands at -22.9%, reflecting working capital of CN¥-792.78 Million against net assets of CN¥3.47 Billion CNY. See Guocheng Mining Co Ltd (000688) liquidity interval to measure how many days the company can operate on defensive assets alone.
Guocheng Mining Co Ltd Working Capital to Net Assets Ratio by Year (1993–2024)
Guocheng Mining Co Ltd working capital to net assets ratio by year from 1993 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Guocheng Mining Co Ltd from 1993 to 2024, covering 32 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 the complete balance sheet picture, see 000688 total asset value.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -88.6% | CN¥-3.04 Billion | CN¥3.43 Billion | CN¥518.63 Million | CN¥3.56 Billion | ▼ -7.2 pp |
| 2023 | -81.4% | CN¥-2.67 Billion | CN¥3.28 Billion | CN¥459.04 Million | CN¥3.13 Billion | ▼ -12.9 pp |
| 2022 | -68.5% | CN¥-2.21 Billion | CN¥3.23 Billion | CN¥352.90 Million | CN¥2.56 Billion | ▼ -44.9 pp |
| 2021 | -23.5% | CN¥-705.54 Million | CN¥3.00 Billion | CN¥408.18 Million | CN¥1.11 Billion | ▼ -63.4 pp |
| 2020 | 39.9% | CN¥964.79 Million | CN¥2.42 Billion | CN¥1.37 Billion | CN¥408.47 Million | ▲ +32.9 pp |
| 2019 | 7.0% | CN¥149.37 Million | CN¥2.13 Billion | CN¥649.00 Million | CN¥499.63 Million | ▼ -27.4 pp |
| 2018 | 34.4% | CN¥804.65 Million | CN¥2.34 Billion | CN¥1.05 Billion | CN¥248.60 Million | ▼ -3.2 pp |
| 2017 | 37.5% | CN¥822.79 Million | CN¥2.19 Billion | CN¥973.78 Million | CN¥150.99 Million | ▲ +12.9 pp |
| 2016 | 24.7% | CN¥437.22 Million | CN¥1.77 Billion | CN¥589.11 Million | CN¥151.90 Million | ▲ +10.4 pp |
| 2015 | 14.3% | CN¥213.45 Million | CN¥1.49 Billion | CN¥608.30 Million | CN¥394.84 Million | ▲ +5.7 pp |
| 2014 | 8.6% | CN¥103.29 Million | CN¥1.21 Billion | CN¥507.52 Million | CN¥404.24 Million | ▼ -32.6 pp |
| 2013 | 41.1% | CN¥399.59 Million | CN¥971.17 Million | CN¥540.13 Million | CN¥140.55 Million | ▼ -52.1 pp |
| 2012 | 93.3% | CN¥-84.61 Million | CN¥-90.70 Million | CN¥9.32 Million | CN¥93.93 Million | ▲ +1.1 pp |
| 2011 | 92.2% | CN¥-66.17 Million | CN¥-71.81 Million | CN¥24.82 Million | CN¥90.99 Million | ▼ -3.4 pp |
| 2010 | 95.5% | CN¥-70.38 Million | CN¥-73.69 Million | CN¥1.04 Million | CN¥71.42 Million | ▼ -5.4 pp |
| 2009 | 101.0% | CN¥-195.81 Million | CN¥-193.96 Million | CN¥1.55 Million | CN¥197.36 Million | ▼ -0.3 pp |
| 2008 | 101.2% | CN¥-182.97 Million | CN¥-180.72 Million | CN¥2.69 Million | CN¥185.66 Million | ▲ +1.2 pp |
| 2007 | 100.0% | CN¥-173.28 Million | CN¥-173.28 Million | CN¥1.41 Million | CN¥174.69 Million | ▼ -11.1 pp |
| 2006 | 111.1% | CN¥-1.52 Billion | CN¥-1.37 Billion | CN¥49.02 Million | CN¥1.57 Billion | ▼ -56.9 pp |
| 2005 | 168.0% | CN¥-1.38 Billion | CN¥-823.22 Million | CN¥260.53 Million | CN¥1.64 Billion | ▲ +137.5 pp |
| 2004 | 30.5% | CN¥246.46 Million | CN¥808.43 Million | CN¥1.77 Billion | CN¥1.52 Billion | ▼ -21.5 pp |
| 2003 | 51.9% | CN¥570.53 Million | CN¥1.10 Billion | CN¥2.08 Billion | CN¥1.51 Billion | ▲ +49.0 pp |
| 2002 | 2.9% | CN¥30.82 Million | CN¥1.05 Billion | CN¥1.13 Billion | CN¥1.10 Billion | ▼ -65.2 pp |
| 2001 | 68.1% | CN¥709.92 Million | CN¥1.04 Billion | CN¥1.23 Billion | CN¥523.93 Million | ▲ +26.6 pp |
| 2000 | 41.5% | CN¥212.40 Million | CN¥511.55 Million | CN¥902.81 Million | CN¥690.41 Million | ▲ +38.3 pp |
| 1999 | 3.2% | CN¥13.84 Million | CN¥426.17 Million | CN¥483.87 Million | CN¥470.02 Million | ▼ -3.4 pp |
| 1998 | 6.7% | CN¥26.45 Million | CN¥396.34 Million | CN¥308.77 Million | CN¥282.31 Million | ▲ +6.1 pp |
| 1997 | 0.6% | CN¥1.31 Million | CN¥235.99 Million | CN¥222.43 Million | CN¥221.12 Million | ▼ -36.2 pp |
| 1996 | 36.7% | CN¥69.60 Million | CN¥189.53 Million | CN¥157.33 Million | CN¥87.72 Million | ▲ +9.7 pp |
| 1995 | 27.0% | CN¥23.99 Million | CN¥88.76 Million | CN¥61.45 Million | CN¥37.46 Million | ▲ +19.9 pp |
| 1994 | 7.1% | CN¥5.38 Million | CN¥75.78 Million | CN¥50.40 Million | CN¥45.01 Million | ▼ -34.6 pp |
| 1993 | 41.7% | CN¥25.35 Million | CN¥60.79 Million | CN¥49.30 Million | CN¥23.95 Million | — |