Hengyi Petrochemical Co Ltd (000703) — Working Capital to Net Assets Ratio
Hengyi Petrochemical Co Ltd (000703) has a Working Capital to Net Assets ratio of -57.6% as of March 2026. Working capital of CN¥-19.93 Billion (current assets of CN¥44.42 Billion minus current liabilities of CN¥64.35 Billion) is measured against net assets of CN¥34.57 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Hengyi Petrochemical Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hengyi Petrochemical Co Ltd Working Capital to Net Assets (1993–2025)
This chart shows how Hengyi Petrochemical 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 -57.6%, reflecting working capital of CN¥-19.93 Billion against net assets of CN¥34.57 Billion CNY. For the complete balance sheet picture, see 000703 asset base.
Annual Working Capital to Net Assets for Hengyi Petrochemical Co Ltd (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hengyi Petrochemical 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 asset resilience ratio of Hengyi Petrochemical Co Ltd 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 | -90.3% | CN¥-27.45 Billion | CN¥30.39 Billion | CN¥33.49 Billion | CN¥60.94 Billion | ▼ -24.4 pp |
| 2024 | -66.0% | CN¥-20.28 Billion | CN¥30.73 Billion | CN¥34.65 Billion | CN¥54.93 Billion | ▼ -6.8 pp |
| 2023 | -59.2% | CN¥-18.92 Billion | CN¥31.96 Billion | CN¥36.93 Billion | CN¥55.85 Billion | ▼ -15.2 pp |
| 2022 | -44.0% | CN¥-14.39 Billion | CN¥32.66 Billion | CN¥42.57 Billion | CN¥56.95 Billion | ▼ -2.2 pp |
| 2021 | -41.9% | CN¥-13.78 Billion | CN¥32.91 Billion | CN¥38.60 Billion | CN¥52.37 Billion | ▼ -2.1 pp |
| 2020 | -39.8% | CN¥-12.05 Billion | CN¥30.29 Billion | CN¥28.98 Billion | CN¥41.03 Billion | ▼ -2.8 pp |
| 2019 | -37.0% | CN¥-10.94 Billion | CN¥29.55 Billion | CN¥27.34 Billion | CN¥38.28 Billion | ▼ -2.4 pp |
| 2018 | -34.6% | CN¥-7.89 Billion | CN¥22.83 Billion | CN¥17.18 Billion | CN¥25.08 Billion | ▼ -3.7 pp |
| 2017 | -30.9% | CN¥-5.46 Billion | CN¥17.66 Billion | CN¥11.90 Billion | CN¥17.36 Billion | ▼ -13.2 pp |
| 2016 | -17.7% | CN¥-2.33 Billion | CN¥13.21 Billion | CN¥11.44 Billion | CN¥13.78 Billion | ▲ +70.0 pp |
| 2015 | -87.7% | CN¥-7.30 Billion | CN¥8.33 Billion | CN¥8.85 Billion | CN¥16.15 Billion | ▲ +3.6 pp |
| 2014 | -91.3% | CN¥-6.40 Billion | CN¥7.01 Billion | CN¥11.92 Billion | CN¥18.32 Billion | ▼ -21.0 pp |
| 2013 | -70.3% | CN¥-5.18 Billion | CN¥7.37 Billion | CN¥10.01 Billion | CN¥15.19 Billion | ▼ -13.4 pp |
| 2012 | -56.8% | CN¥-3.97 Billion | CN¥6.99 Billion | CN¥8.85 Billion | CN¥12.82 Billion | ▼ -26.7 pp |
| 2011 | -30.1% | CN¥-2.17 Billion | CN¥7.21 Billion | CN¥11.19 Billion | CN¥13.36 Billion | ▲ +22.1 pp |
| 2010 | -52.3% | CN¥-2.46 Billion | CN¥4.71 Billion | CN¥5.60 Billion | CN¥8.06 Billion | ▼ -31.5 pp |
| 2009 | -20.7% | CN¥-38.89 Million | CN¥187.55 Million | CN¥77.01 Million | CN¥115.90 Million | ▼ -5.5 pp |
| 2008 | -15.3% | CN¥-31.72 Million | CN¥207.78 Million | CN¥112.58 Million | CN¥144.30 Million | ▼ -64.4 pp |
| 2007 | 49.1% | CN¥109.82 Million | CN¥223.73 Million | CN¥260.56 Million | CN¥150.73 Million | ▲ +4.4 pp |
| 2006 | 44.7% | CN¥95.60 Million | CN¥214.09 Million | CN¥261.28 Million | CN¥165.68 Million | ▲ +47.4 pp |
| 2005 | -2.8% | CN¥-6.82 Million | CN¥246.42 Million | CN¥378.83 Million | CN¥385.65 Million | ▼ -57.9 pp |
| 2004 | 55.1% | CN¥134.05 Million | CN¥243.31 Million | CN¥372.20 Million | CN¥238.15 Million | ▲ +55.0 pp |
| 2003 | 0.1% | CN¥213.73K | CN¥227.09 Million | CN¥329.22 Million | CN¥329.00 Million | ▼ -29.8 pp |
| 2002 | 29.9% | CN¥83.69 Million | CN¥280.19 Million | CN¥652.58 Million | CN¥568.89 Million | ▼ -11.6 pp |
| 2001 | 41.5% | CN¥131.74 Million | CN¥317.69 Million | CN¥492.44 Million | CN¥360.71 Million | ▼ -2.9 pp |
| 2000 | 44.3% | CN¥127.93 Million | CN¥288.50 Million | CN¥362.59 Million | CN¥234.66 Million | ▲ +0.6 pp |
| 1999 | 43.7% | CN¥131.48 Million | CN¥300.56 Million | CN¥362.59 Million | CN¥231.11 Million | ▼ -36.5 pp |
| 1998 | 80.3% | CN¥180.43 Million | CN¥224.74 Million | CN¥192.52 Million | CN¥12.09 Million | ▲ +6.4 pp |
| 1997 | 73.9% | CN¥158.51 Million | CN¥214.47 Million | CN¥195.21 Million | CN¥36.71 Million | ▲ +7.6 pp |
| 1996 | 66.4% | CN¥111.08 Million | CN¥167.41 Million | CN¥137.43 Million | CN¥26.35 Million | ▲ +7.4 pp |
| 1995 | 58.9% | CN¥77.46 Million | CN¥131.47 Million | CN¥130.71 Million | CN¥53.25 Million | ▲ +3.8 pp |
| 1994 | 55.2% | CN¥55.37 Million | CN¥100.39 Million | CN¥118.72 Million | CN¥63.35 Million | ▼ -6.6 pp |
| 1993 | 61.7% | CN¥55.81 Million | CN¥90.42 Million | CN¥134.70 Million | CN¥78.89 Million | — |