Angang Steel Co Ltd Class A (000898) — Working Capital to Net Assets Ratio
Angang Steel Co Ltd Class A (000898) has a Working Capital to Net Assets ratio of -42.0% as of March 2026. Working capital of CN¥-18.31 Billion (current assets of CN¥23.63 Billion minus current liabilities of CN¥41.93 Billion) is measured against net assets of CN¥43.59 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 000898 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Angang Steel Co Ltd Class A Working Capital to Net Assets (1994–2025)
This chart shows how Angang Steel Co Ltd Class A's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at -42.0%, reflecting working capital of CN¥-18.31 Billion against net assets of CN¥43.59 Billion CNY. For the complete balance sheet picture, see Angang Steel Co Ltd Class A (000898) total assets.
Annual Working Capital to Net Assets for Angang Steel Co Ltd Class A (1994–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Angang Steel Co Ltd Class A from 1994 to 2025, 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. Check how resilient are Angang Steel Co Ltd Class A's assets 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 | -42.5% | CN¥-19.13 Billion | CN¥44.98 Billion | CN¥24.49 Billion | CN¥43.62 Billion | ▼ -19.5 pp |
| 2024 | -23.0% | CN¥-11.19 Billion | CN¥48.67 Billion | CN¥28.25 Billion | CN¥39.44 Billion | ▼ -8.6 pp |
| 2023 | -14.4% | CN¥-8.01 Billion | CN¥55.60 Billion | CN¥27.42 Billion | CN¥35.43 Billion | ▼ -2.6 pp |
| 2022 | -11.8% | CN¥-6.92 Billion | CN¥58.66 Billion | CN¥29.23 Billion | CN¥36.15 Billion | ▼ -14.9 pp |
| 2021 | 3.1% | CN¥1.92 Billion | CN¥61.24 Billion | CN¥32.54 Billion | CN¥30.62 Billion | ▲ +11.8 pp |
| 2020 | -8.7% | CN¥-4.69 Billion | CN¥53.86 Billion | CN¥23.02 Billion | CN¥27.70 Billion | ▲ +2.4 pp |
| 2019 | -11.1% | CN¥-5.85 Billion | CN¥52.55 Billion | CN¥23.49 Billion | CN¥29.34 Billion | ▼ 0.0 pp |
| 2018 | -11.1% | CN¥-5.84 Billion | CN¥52.47 Billion | CN¥26.91 Billion | CN¥32.75 Billion | ▲ +1.1 pp |
| 2017 | -12.2% | CN¥-6.45 Billion | CN¥52.71 Billion | CN¥30.00 Billion | CN¥36.45 Billion | ▲ +12.3 pp |
| 2016 | -24.5% | CN¥-11.11 Billion | CN¥45.29 Billion | CN¥25.98 Billion | CN¥37.09 Billion | ▲ +19.9 pp |
| 2015 | -44.4% | CN¥-19.41 Billion | CN¥43.68 Billion | CN¥23.59 Billion | CN¥43.00 Billion | ▼ -23.4 pp |
| 2014 | -21.0% | CN¥-10.13 Billion | CN¥48.20 Billion | CN¥26.62 Billion | CN¥36.75 Billion | ▼ -3.0 pp |
| 2013 | -18.1% | CN¥-8.51 Billion | CN¥47.09 Billion | CN¥29.30 Billion | CN¥37.80 Billion | ▲ +14.9 pp |
| 2012 | -32.9% | CN¥-16.14 Billion | CN¥49.03 Billion | CN¥28.96 Billion | CN¥45.10 Billion | ▼ -16.7 pp |
| 2011 | -16.2% | CN¥-8.46 Billion | CN¥52.30 Billion | CN¥28.36 Billion | CN¥36.82 Billion | ▼ -6.3 pp |
| 2010 | -9.9% | CN¥-5.46 Billion | CN¥55.34 Billion | CN¥30.94 Billion | CN¥36.40 Billion | ▲ +10.9 pp |
| 2009 | -20.8% | CN¥-11.19 Billion | CN¥53.80 Billion | CN¥24.30 Billion | CN¥35.49 Billion | ▼ -18.3 pp |
| 2008 | -2.5% | CN¥-1.35 Billion | CN¥53.11 Billion | CN¥19.97 Billion | CN¥21.32 Billion | ▼ -21.2 pp |
| 2007 | 18.7% | CN¥10.14 Billion | CN¥54.26 Billion | CN¥30.11 Billion | CN¥19.98 Billion | ▲ +37.9 pp |
| 2006 | -19.2% | CN¥-5.79 Billion | CN¥30.12 Billion | CN¥11.26 Billion | CN¥17.05 Billion | ▼ -38.5 pp |
| 2005 | 19.3% | CN¥2.19 Billion | CN¥11.33 Billion | CN¥4.54 Billion | CN¥2.36 Billion | ▼ -13.3 pp |
| 2004 | 32.6% | CN¥3.30 Billion | CN¥10.13 Billion | CN¥7.27 Billion | CN¥3.96 Billion | ▲ +2.6 pp |
| 2003 | 29.9% | CN¥2.68 Billion | CN¥8.95 Billion | CN¥6.84 Billion | CN¥4.17 Billion | ▼ -0.3 pp |
| 2002 | 30.2% | CN¥2.36 Billion | CN¥7.81 Billion | CN¥5.51 Billion | CN¥3.15 Billion | ▼ -0.4 pp |
| 2001 | 30.6% | CN¥2.20 Billion | CN¥7.20 Billion | CN¥4.82 Billion | CN¥2.62 Billion | ▼ -7.7 pp |
| 2000 | 38.3% | CN¥2.65 Billion | CN¥6.90 Billion | CN¥4.92 Billion | CN¥2.28 Billion | ▲ +6.8 pp |
| 1999 | 31.5% | CN¥1.71 Billion | CN¥5.43 Billion | CN¥3.01 Billion | CN¥1.30 Billion | ▼ -17.7 pp |
| 1998 | 49.2% | CN¥2.53 Billion | CN¥5.14 Billion | CN¥3.41 Billion | CN¥881.50 Million | ▼ -4.4 pp |
| 1997 | 53.6% | CN¥2.73 Billion | CN¥5.09 Billion | CN¥3.46 Billion | CN¥732.06 Million | ▲ +52.4 pp |
| 1996 | 1.1% | CN¥22.94 Million | CN¥2.03 Billion | CN¥442.30 Million | CN¥419.36 Million | ▲ +25.1 pp |
| 1995 | -24.0% | CN¥-350.30 Million | CN¥1.46 Billion | CN¥517.69 Million | CN¥867.98 Million | ▲ +5.8 pp |
| 1994 | -29.7% | CN¥-423.03 Million | CN¥1.42 Billion | CN¥523.52 Million | CN¥946.55 Million | — |